SIGH OF RELIEF IN AUTO SECTOR, AS FG PROMISES TO IMPLEMENT AUTO POLICY

There were palpable sighs of relief in the crowded hall at a hotel in Victoria Island, Lagos, during the week, when the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah assured stakeholders in the auto industry that the Federal Government would implement the National Automotive Industry Development Plan (NAIDP), and not scrap it. “The FGN has identified the auto […]

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CONCRETE ROAD: CEMENT MANUFACTURERS TASK FGN ON POLICY FRAMEWORK

In the drive towards attracting investments in the construction sector, aid local content and improve capacity utilization in the cement-manufacturing sector, the major cement producers have tasked the Federal Government on the need to formulate policies to encourage concrete pavements design. According to the manufacturers, concrete remains the most cost-effective road material on the basis of both initial and life-cycle […]

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HOW N16BILLION MASS TRANSIT SURE-P FUND WAS SQUANDERED

Over N16billion of Subsidy Reinvestment and Empowerment Programme (SURE-P) funds released by the Goodluck Jonathan administration in 2012 for the Public Mass Transit Revolving Fund (PMTF) was squandered, the International Centre for Investigative Reporting icirnigeria.org has found. The fund, administered as a revolving loan by The Infrastructure Bank (TIB) was given out in form of Mass Transit Vehicles to 31 […]

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COUNTING THE EXTREME COSTS OF APAPA GRIDLOCK: FEDERAL GOVERNMENT GETS A 30-DAY ULTIMATUM

Naturally and for a long time now, Apapa traffic has always been a basket case. However, the experience within that axis in the past few weeks could best be described as ‘hell on earth’. The protracted traffic gridlock especially around the port area has been somewhat of a nightmare- a nightmare that has taken extreme toll on all relevant stakeholders […]

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