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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LAGOS TRANSPORT REFORM: OVER 4,000 BUS CONDUCTORS REGISTER FOR TRAINING
Lagos state records that 4,000 members of the Bus Conductors Association of Nigeria have registered with Lagos State Drivers Institute ...
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AMBODE COMMISSIONS LASWA HEADQUARTERS, FERRY TERMINAL AND MULTI-LEVEL PARKING (PHOTO)
The Lagos State Governor, Akinwunmi Ambode, on Thursday commissioned an ultra-modern ferry terminal and the headquarters of the Lagos State ...
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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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LAGOS GOVERNMENT TO CONSTRUCT ANOTHER TRAILER PARK TO TACKLE APAPA GRIDLOCK
Lagos State Government has acquired a large land at Ojo for construction of a trailer park to tackle gridlock in ...
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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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LIGHT RAIL PROJECT: TOWARDS COMMENCEMENT OF PASSENGER OPERATION, LAGOS PARTNERS ALSTOM SA OF FRANCE
The Lagos State Government has signed a major agreement with an experienced international railway systems aggregator and rolling stocks manufacturer, ...
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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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APAPA CONGESTION: AMBODE FLAGS OFF EXPANSION OF ABAT TRUCK TERMINAL IN ORILE
…To Explore Another 5,000-Capacity Terminal In Ijanikin Lagos State Governor, Mr. Akinwunmi Ambode on Sunday flagged off the expansion of ...
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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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