The Nigerian Navy Ship, NNS Jubilee, Ikot Abasi, Akwa Ibom State, have seized three wooden Cotonou boats with 47,000 litres of product suspected to be illegally refined Automative Gas Oil. The commander of the ship, Commodore Saidu Garba, who said this in Ikot Abasi on Saturday, praised the Nigerian Navy for achieving the results.
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International and local companies, as well as politicians in Nigeria, have started lobbying the Federal Government in a bid to take over the management of the country’s airports that are up for concession. It was learnt that many companies had already started making presentations to the Minister of State for Aviation, Senator Hadi Sirika, and his team, despite the agitations […]
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The Federal Road Safety Corps has issued a warning to 21,744 commercial motorists between October 1 and 6, 2016, for their failure to install speed limiters in their buses and trucks. The corps described the warning as an advisory enforcement, which does not attract any penalty or fines.
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No fewer than thirteen people, comprising 13 females and two males, have died in two separate boat accidents in Niger State. The accident, said to be involving mostly females occurred in the early morning of Tuesday when the boat they were travelling in capsized on the Kontagora River in Magama Local Government Area of the state. The accident, according to […]
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The Minister of Power, Works and Housing, Mr. Babatunde Fashola, said on Tuesday that the Federal Government would reintroduce the use of weigh bridges on the nation’s highways. Fashola, who made the disclosure while answering questions from newsmen at the Made in Nigeria Summit 2016 at the Eko Atlantic City in Lagos, said that the weigh bridges were not working […]
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In a development bound to bring shame to Africa biggest oil producer, Ghana has started exporting fuel and gas oil to Nigeria, Benin Republic, Burkina Faso, Niger and Mali from the Bolgatanga Petroleum Depot run by the state-owned Bulk Oil Storage and Transport (BOST) Company Limited. Ghana’s Minister of Petroleum, Mr Emmanuel Armah-Kofi Buah, made this known yesterday at press […]
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Governor Akinwunmi Ambode of Lagos State on Thursday met with representatives of APM Terminals to advance the development of the Badagry Deep Sea Port project, restating his administration’s key strategic imperative to creating a friendly environment to encourage private sector participation in driving economic development in the State. At the meeting which took place in London, United Kingdom, Ambode said […]
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R.T. Briscoe Plc. has said it has no regrets losing the 11-year old business relationship it had with the Ford Motor Company under its BriscoeFord automotive subsidiary. The company said this, recently, in reaction to Ford Motor Company’s decision to retain Coscharis Motors that was sharing the dealership with Briscoe as its sole representative in Nigeria. Ford Motor Company had […]
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A total of 4,116 buses valued at N37 billion have been delivered to beneficiaries nationwide under the Federal Government’s Public Mass Transit Revolving Fund (PMTF) Scheme. Adekunle Oyinloye, Managing Director of The Infrastructure Bank, said this in a paper he presented at a workshop for chief executive officers of mass transit companies in Abuja. Oyinloye said the buses were released […]
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The Managing Director of the Katsina State Road Management Agency, Alhaji Abdul Mohammed, on Tuesday said that when he assumed duty in the agency last year, he discovered that over N14 bn belonging to the agency had either been stolen or was missing. He told the Katsina Commission of Inquiry probing the immediate past regime of former Governor Ibrahim Sheu […]
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The Lagos State Government has warned drivers of trucks and other articulated vehicles against speeding and harassing of other road users. The government said it would intensify the enforcement of the Lagos State Traffic Law 2012 to reduce accidents as the year ended. The Chief Executive Officer of the Lagos State Drivers Institute, Philip Ogunlade, spoke at a sensitisation organised […]
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The Federal Government says it has been saving a total of $4m (N1.22bn) daily in fuel import bill since May 12, this year when it stopped paying subsidy claims to importers. The Minister of Budget and National Planning, Senator Udo Udoma, who confirmed the figure, said the liberalisation policy in the oil sector had also led to a 30 per […]
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