STREET TRADERS DARE AMBODE IN LAGOS

Many youths have continued with street trading and hawking in the traffic despite the stance of the state government to go tough on anyone doing so. A few days after Governor Akinwunmi Ambode stated his resolve to enforce an existing law prohibiting these activities, the bustle of street trading has not disappeared. Following the crisis provoked by the death of […]

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IMPORT DUTIES SOAR OVER NEW FOREX RULES

Duties on shipping business at the ports have shot up astronomically in the wake of the new flexible foreign exchange rate policy of the Central Bank of Nigeria (CBN). Already, the Federal Government has launched the implementation of the new policy, which customs and clearing agents lament has hiked duties by about 40 per cent. The Nigeria Customs Service (NCS) […]

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DEATH TOLL RISES IN ITALY TRAIN CRASH

At least 10 people were killed Tuesday in a head-on collision between two trains in the southern Italian region of Puglia, fire service officials said. Footage showed emergency services racing to extract people from the wreckage of smashed carriages thrown across a single track near the town of Andria, near Bari. The chief of the firefighting service in Bari said […]

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ACCIDENT: PEACE MASS TRANSIT (PMT) OWNER VOWS TO SACK, PROSECUTE RECKLESS DRIVERS

Irked by two major accidents involving his buses which claimed 22 lives in Abia and Bayelsa states, Management of Peace Mass Transit (PMT) yesterday threatened to henceforth sack and prosecute any driver that consumes alcohol while driving on the roads. The company reeled other disciplinary as well as precautionary measures against drivers to checkmate the increasing spate of road traffic […]

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OIL MARKETERS AFRAID OF MOVING PRODUCTS BY RAIL – NRC MD

The Acting Managing Director, Nigerian Railway Corporation, (NRC), Engr. Fidet Okhiria, speaks on the railway infrastructure development plans of the Federal Government in this interview with Punch Correspondent.       What are the economic benefits of the proposed Lagos-Calabar rail tracks? Without a good transport and logistics system, the commerce of a country cannot progress. Lagos-Calabar is targeting all […]

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ALLEGED BILLION NAIRA PURCHASE OF EXOTIC CARS AND TRUCKS BY KOGI GOVERNMENT IRKS OPPOSITION GROUP

The Audu-Faleke political organisation has slammed the Governor Yahaya Bello-led government in Kogi State over the mind-boggling vehicle purchase bazaar involving the administration. In a statement on behalf of the group by its Director, Media and Publicity, Duro Meseko, they noted that it was the height of insensitivity to the current appalling plight of Kogi indigenes for the government to […]

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PENGASSAN STRIKE: FUEL LOADING DROPS IN LAGOS, QUEUES BACK IN ABUJA AS NNPC CAUTIONS AGAINST PANIC BUYING

The ongoing strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Friday reduced loading activities at depots in Apapa, Lagos, raising the prospects of another round of supply challenges especially outside the South-West. Loading at Apapa depots, where many marketers load petroleum products to other states, was hampered by the non-availability of oil workers to […]

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