Importers, Agents Dump Vehicles, Cargoes At Seaports Over Soaring Exchange Rate

LAGOS JULY 20TH (NEWSRANGERS)-Soaring exchange rate has made some importers and agents to abandon some of their cargoes at the seaports. It was learnt that some vehicles had been abandoned immediately government introduced new exchange rate. Because of high import duty, findings from the Nigerian Ports Authority (NPA)’s Shipping Position indicated that only three vessels…

Read More

Scores Feared Dead, Vehicles, Motorcycles Burnt As Tanker Explodes In Petrol Station

LAGOS JANUARY 27TH (NEWSRANGERS)-Scores of peoples, were reported burnt to death to death at  Saburi, Dei-Dei in Abuja Municipal Area Council  AMAC of the Federal Capital Territory FCT on Thursday morning as a fuel tanker discharging its products exploded midway and went up in flames. Vehicles and motorcycles popularly known as okada were equally burnt…

Read More

Robbers Who Specialise In Killing  Drivers And  Sell Their Vehicles To Chinese Firm Arrested

LAGOS JANUARY 27TH (NEWSRANGERS)-A suspected armed robber, Williams Abiodun, on Wednesday, narrated how his gang killed their victims and sold their vehicles in Benin, Edo State. Abiodun, while being paraded alongside 10 other suspects at the command headquarters in Edo State, said he and four members of his gang usually disguised as site workers to…

Read More

Imported Vehicles Trapped As Nigeria Customs Hike Duty On Automobile

LAGOS JANUARY 11TH (NEWSRANGERS)-Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s decision to raise duty on imported vehicles by 10 per cent, The PUNCH has learnt. The agents, in exclusive interview with our correspondent in Lagos on Sunday, accused the service of effecting…

Read More

Osun Govt Orders Ex-Gov Oyetola, Wife, Other Appointees to Return Vehicles Worth N2.9bn

LAGOS DECEMBER 23RD (NEWSRANGERS)-The Assets Recovery Panel of the Osun State Government has directed former Governor Gboyega Oyetola, his wife, Hajia Kafayat Oyetola and other former appointees to immediately return assorted vehicles valued at N2.9 billion presently illegally in their possession. The former officials had gone away with various models of vehicles without any legal…

Read More