U.S. President Donald Trump has formally imposed a 15% tariff on Nigeria and several other African nations. The new tariff policy, announced by the White House also affects Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Ghana, Malawi, Lesotho, and Madagascar. The Executive Order, titled “Further Modifying the Reciprocal Tariff Rates,” states that the revised tariffs will apply…
As controversies trailed the purported electricity tariff hike by the federal government, the Nigerian Electricity Regulatory Commission (NERC) has issued regulations on the procedure for tariff reviews. The latest order, signed by NERC Chairman, Sanusi Garba, stated that pursuant to the provisions of the Electricity Act 2023, the commission is obligated to review and approve…
The Nigeria Labour Congress, NLC, has slammed the federal government over the 50 per cent telecom tariff hike, stating that the hike would further impoverish Nigerians. Comrade Joe Ajaero, president of the NLC, in a statement on Wednesday, decried the hike, stressing that the federal government’s recent approval, through the Nigerian Communications Commission, NCC, came…
