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LATEST NEWS & INDUSTRY UPDATES

TANKER CRUSHES UNDERGRADUATE TO DEATH IN OSUN

A student of the Federal Polytechnic, Ede, Osun State, Dada Segun, was on Thursday crushed to death by a fuel-laden ...
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ARIK RESUMES OPERATIONS AFTER SETTLING ROW WITH UNIONS

The management of Arik Air says it has resolved the impasse with labour unions, which affected it operations on Thursday ...
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NNPC, FUEL MARKETERS ON COLLISION OVER INTRODUCTION OF BULK PURCHASE AGREEMENT FEE

The Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) are heading for a collision ...
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VIS MEN ACCUSED OF BURNING IMPOUNDED CAR IN LAGOS

A Lagos painter, Oluwadamilare Afolarin, has lamented the ill treatment he allegedly suffered in the hands of officials of the ...
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22 TRADERS DIE IN KEBBI CRASH

The Giron-Masa community, in the Shanga Local Government Area of Kebbi State has been thrown into mourning after 22 traders, ...
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AVIATION UNIONS SHUT DOWN ARIK OPERATIONS

Labour unions in the aviation sector on Thursday shut down Arik Air operations, vowing to continue the action until the ...
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LASEMA IDENTIFIES DOCTOR WHO JUMPED INTO LAGOS LAGOON

The Lagos State Emergency Management Agency has given a identified the man who today abandoned his vehicle on the Third ...
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LAGOS TASK FORCE ARRESTS 43 FOR DIESEL ADULTERATION

The Lagos State Task-Force on Environment says it has arrested 43 persons for alleged adulteration and seized tankers suspected to ...
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AGAIN, EIA ON 260KM SUPER HIGHWAY RUNS INTO HITCH

As the ding-dong affairs between the Cross River State government, the Federal Ministry of Environment and stakeholders on the proposed ...
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PANDEMONIUM AS BUS DRIVER KILLS SOLDIER IN LAGOS

Pandemonium occurred Saturday at Liverpool Roundabout, at the Apapa area of Lagos, when a commercial bus driver killed a soldier ...
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DANGOTE GROUP SPENDS N1BN ON APAPA ROAD – MANAGER

The Head of Ports Operations, Dangote Group, Mr Yakubu Abdullahi said that the organisation spent N1 billion to repair the ...
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IMO INTERNATIONAL CARGO AIRPORT READY IN MAY – OKOROCHA

Gov. Rochas Okorocha of Imo said on Tuesday in Owerri that the State International Cargo Airport will be ready for ...
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RAIL PROJECT WILL REDUCE PRESSURE ON LAGOS-IBADAN EXPRESSWAY – RTEAN BOSS

The Road Transport Employees Association of Nigeria on Tuesday said that the construction of new Lagos-Ibadan standard gauge rail line ...
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16,000 PASSENGERS FLY THROUGH KADUNA AIRPORT IN FIVE DAYS – FAAN

The Federal Airports Authority of Nigeria, FAAN said no fewer than 16,000 passengers were transported through the Kaduna International Airport, ...
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NSA REVERSES ORDER BANNING HELICOPTER FROM FLYING INTO ABUJA AIRPORT

The Federal Government has rescinded its decision to ban commercial helicopters shuttling between Abuja and Kaduna. Babagana Monguno, National Security ...
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NIGERIA MAY LOSE N400BN TO CLOSURE OF ABUJA AIRPORT

Nigerian may lose as much as $1 billion (about N400 billion) owing to the temporary closure of the Nnamdi Azikiwe ...
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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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