The Senate on Thursday approved $1.806billion Federal Government 2016-2018 External Borrowing (Rolling) Plan for the Lagos – Kano railway modernization project and the reconstruction and rehabilitation of the North East.
Continue reading »Tag: Federal Government
FED GOVT TASKS NIWA ON PROCUREMENT OF BIGGER DREDGERS
The Federal Government on Tuesday tasked the National Inland Waterways Authority (NIWA) to procure bigger dredgers in order for the agency to perform better in its operational activities.
Continue reading »NIGERIA TO GENERATE MORE FUNDS FROM OIL, GAS PARKS – KACHIKWU
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Wednesday, stated that the Federal Government has commenced the establishment of five oil and gas parks in addition to the gas revolution park in order to yield more revenue in the sector.
Continue reading »ANONYMOUS NIGERIANS OWN, OPERATE 200 PRIVATE JETS LOCALLY
A plan by the Federal Government to go after wealthy tax defaulters is faced with some hurdles in the aviation sector as most private jets in the country could hardly be traced to individuals using them.
Continue reading »ONLY 44 DOMESTIC AIRCRAFT FULLY INSURED – ART
The President, Aviation Round Table, Gbenga Olowo, on Thursday decried the state of the sector in Nigeria, disclosing that only 44 domestic aircraft currently had full insurance coverage.
Continue reading »ASSOCIATION HAILS ESTABLISHMENT OF TRUCK TRANSIT PARKS
The National Association of Road Transport Owners (NARTO) has supported calls for the establishment of the Truck Transit Parks (TTPs), to reduce fatigue and accidents for long-distance truck drivers in the country.
Continue reading »NIGERIA FAILS TO ENFORCE BAN ON DIRTY FUEL IMPORTS
The Federal Government’s ban on the importation of dirty fuels into the country failed to come into effect on July 1, 2017 as announced in December last year.
Continue reading »FG, SORT OUT APAPA PORTS ROADS MESS – PUNCH EDITORIAL
Lot of Nigerians believes that government is ponderous and lacks the leadership acumen to move the country forward. The result is a dysfunctional entity where there is chronic infrastructure deficit.
Continue reading »RAILWAY WORKERS URGE FED GOVT TO REVIEW PLANNED CONCESSIONING OF RAIL TRANSPORT
Nigeria Union of Railway Workers, NUR, yesterday, in Lagos, pleaded with the Federal Government to review the process of the planned concessioning of the nation’s rail transport industry with a view to saving the nation from another failed concession.
Continue reading »AUTO PLANTS MAY SHUT DOWN AMID POOR SALES
Automotive plants set up under the Federal Government’s policy on industrialisation are on the verge of shutting down owing to an unfavourable operating environment and low demand for brand new vehicles.
Continue reading »OIL MARKETERS URGE FG TO PAY OUTSTANDING FUEL SUBSIDY CLAIMS
The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to pay the outstanding fuel subsidy claims to its members to pay back their bank loans.
Continue reading »COLLAPSED NIGER BRIDGES: MOTORISTS SEEK SECURITY
Motorists plying the Mokwa-Lagos route in Niger have called for deployment of security to prevent armed attacks.
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