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LATEST NEWS & INDUSTRY UPDATES

RAIL TRACKS THEFT AND VANDALISM: TWO POLICEMEN AND 12 OTHERS ARRESTED

The Nigerian Railway Police Command in Enugu has arrested 14 persons in connection with alleged vandalism and theft of property ...
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BUHARI APPROVES DUALISATION OF IKOT EKPENE-ABA ROAD

President Muhammadu Buhari has approved the dualisation of the road linking Ikot Ekpene in Akwa Ibom State and Aba in ...
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FAYOSE GETS N75M LEXUS SUV, N43M AS SEVERANCE PACKAGE WITH DEPUTY

The Ekiti State Governor, Ayo Fayose, has allegedly been given a 2018 Lexus LX 570 Sport Utility Vehicle valued at ...
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NUPENG THREATENS STRIKE OVER SACK OF OIL WORKERS

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has described the sacking of workers by some oil and ...
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ONDO STATE DEEP SEA PORT: A LINK TO THE WORLD

Gov. Oluwarotimi Akeredolu of Ondo State on Tuesday said that the deep sea port being proposed by the state government ...
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CUSTOMS INTERCEPTS N1.5BN PETROL SET FOR BENIN REPUBLIC THROUGH OGUN CREEK

The Nigerian Customs Service, Federal Operations Unit, (FOU), Zone ‘A’ Ikeja at the weekend intercepted N1.5 billion worth of petroleum ...
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FRSC OFFICIALS TO BEAR ARMS

Sooner than later, personnel of the Federal Road Safety Corps (FRSC) could turn up at their duty posts armed ...
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NNPC MULLS REFINERY PARTNERSHIPS

Nigerian National Petroleum Corporation (NNPC) could allow private investors to install two refineries on two of its sites, the state-owned ...
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NURTW TASKS FRSC ON ISSUANCE OF DRIVER’S LICENCE

The National Union of Road Transport Workers (NURTW) in Jigawa, on Monday, called on the Federal Road Safety Corps (FRSC) ...
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APAPA WHARF ROAD READY NEXT MONTH – NPA MD (PICTURES)

The Managing Director, Nigerian Ports Authority, Hadiza Usman, has said that the 2km Apapa Wharf Road being reconstructed would be ...
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ABUJA TRAIN SERVICES: FREE RIDE ENDS TODAY, APPROVED FARES ANNOUNCED

The Secretary, Transportation Secretariat, Comrade Kayode Opeifa has announced fares as approved by the Federal Capital Territory Administration for Abuja ...
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OYINGBO BUS TERMINAL: FROM CONCEPT TO THE REAL DEAL (PICTURES)

The entire public transportation landscape of Oyingbo and Iddo is presently witnessing a makeover that will leave many people with ...
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OVERLAND AIRWAYS BEGINS FLIGHTS FROM LAGOS TO COTONOU, LOME

Nigeria’s frontline scheduled and charter airline, Overland Airways, at the weekend, said it had concluded plans to begin flight services ...
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PEF TO MOVE PETROLEUM PRODUCTS BY RAIL

The Petroleum Equalisation Fund (PEF) Management Board has set up a task force for the immediate implementation of transportation of ...
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ARMED ROBBERS TAKE OVER MILE 2 FLYOVERS IN LAGOS AT NIGHTS

Armed robbers have taken over the flyovers at Mile 2, Lagos, as no night passes without their robbing and dispossessing ...
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TRUCKER’S WILD EXPERIENCE ON THE ROAD

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FEATURES

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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