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LATEST NEWS & INDUSTRY UPDATES

FG TO REDUCE AGENCIES OPERATING IN PORTS TO SIX

The Federal Government is currently working towards streamlining the number of agencies operating in the nation’s ports to only six ...
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N23M COMPANY BUS STOLEN AS DRIVER SLEEPS AT LOVER’S HOUSE

A driver of a bus conveying Nigeria National Petroleum Corporation workers has run into trouble after he woke up at ...
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AIR PEACE RECEIVES 12TH AIRCRAFT, OPENS LEKKI OFFICE

Nigeria’s domestic carrier, Air Peace, has taken delivery of its 12th aircraft, a 114-capacity Boeing 737-500. Air Peace Chief Operating ...
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FRSC RECORDS NOTICEABLE DECREASE IN CRASHES ON LAGOS-IBADAN EXPRESSWAY

Barely three weeks into the enforcement of the speed limit device, the Federal Road Safety Corps (FRSC) says it has ...
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CONSTRUCTION OF FOURTH MAINLAND BRIDGE TO START THIS YEAR

The Lagos State Government has said that the construction of Fourth Mainland Bridge would still begin this year. The state ...
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SUPER HIGHWAY: CROSS RIVER STATE GOVERNMENT DARES FG

The Cross River State Government on Monday, threatened to adopt an aggressive approach if the Federal Government (FG) fails to ...
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ONE DEATH RECORDED AS CAR PLUNGES INTO LAGOS LAGOON AGAIN (PICTURES)

Barely 48 hours after the tragic incident that occurred at Ikorodu where a fully loaded luxury bus plunged into the ...
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AT LEAST 19 DEAD IN ARGENTINA BUS ACCIDENT

A bus overturned in Argentina on Saturday near Aconcagua, the highest mountain outside Asia, killing at least 19 people and ...
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MED-VIEW AIRLINE TO BEGIN LAGOS-DUBAI FLIGHTS IN APRIL

The Managing Director of Med-View airline, Muneer Bankole, has said that the airline will commence its Lagos-Dubai flights in April ...
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PRESIDENTIAL COMMITTEE ASSURES AIRLINES OF PASSENGERS’ SAFETY AT KADUNA AIRPORT

The Presidential Sub-committee on Security has assured all foreign and local airlines of the safety of passengers at Kaduna Airport, ...
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PRESIDENCY BUDGETS N100M TO PURCHASE BULLET PROOF TYRES

The ongoing budget defence in the National Assembly yesterday revealed how in contrast to general beliefs about President Muhammadu Buhari’s ...
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NATIONAL ROAD SAFETY ADVISORY COUNCIL INAUGURATED

Acting President, Yemi Osinbajo, has inaugurated the National Road Safety Advisory Council which he also chairs. The council was inaugurated ...
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OVER 3000 LAGOS BUS CONDUCTORS TO WEAR UNIFORMS, BADGES

The National President of Bus Conductors Association of Nigeria, Mr. Israel Adeshola, says that as from March, it will become mandatory ...
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TRAGEDY AS GUO LUXURY BUS PLUNGES INTO MAJIDUN RIVER (PICTURES)

Tragedy struck in the Owode, Ikorodu area of Lagos on Friday after a luxury bus belonging to GUO Transport Company ...
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FEDERAL GOVT’S PROPOSED SPEED CAMERAS NOT DUPLICATION – FRSC

The Federal Road Safety Corps says plans by the Federal Government to introduce speed cameras in the country’s highways will ...
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TRUCKER’S WILD EXPERIENCE ON THE ROAD

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TRADITIONAL REASONS FOR HIGH DIESEL PRICE Traditionally, upward swing in diesel price is usually due in part to the rising price of crude oil in the international market, age-long failure ...
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WHEN the price of crude oil started crashing in August last year, expectations were high that domestic pump prices of refined petroleum products would also decline, giving businesses and individuals ...
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A Boost to Employment: Flying a Ruse! It was also stated that the new tariff will create employment almost immediately. Two employment generating windows were identified as possible spinoff of ...
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A REVIEW OF THE NEW AUTOMOTIVE IMPORT TARIFF When the Minister of Trade and Industry stated that the new tariff regime will among other things “make imported cars more expensive ...
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THE ECONOMICS OF IMPORT TARIFF One of the most important issues in a country’s economy is trading; therefore, tariffs are most often discussed when talking about imported goods.  A tariff ...
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On Wednesday 2nd of October 2013, the Federal Executive Council (FEC) in Abuja approved the Automotive Industry Development Plan for the development of the nation’s automotive industry. The Plan is ...
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