The Lagos state government has unveiled a new taxi system which it says will put a stop to haphazard taxi operations that has contributed to insecurity of life and property in Nigeria’s biggest commercial city. Speaking at the inauguration of the new taxi regime in Ikeja, Lagos, Governor Babatunde Fashola, who said that the state’s taxi market is valued at […]
Continue reading »
Following persistent traffic gridlock in Apapa area which has spilled over into some parts of the state, the Lagos State Government, yesterday, issued a 48-hour ultimatum to tanker drivers parked within 300 meters of fuel depots in the state to relocate to safe parking lots pending the availability of petroleum products Hundreds of tankers had suddenly emerged on the Eko […]
Continue reading »
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 […]
Continue reading »
The fast-paced world of haulage and logistics is set to witness a major boost with the grand entry of NAIJA TRUCKERS into the industry. NAIJA TRUCKERS, another landmark accomplishment from the stables of Haulage Report Now shall be principally committed to reporting the developments in the haulage and logistics industry of Nigeria. It shall offer a rich platform through which the uniqueness of […]
Continue reading »
An accident occurred in the early hours of today, 12th of September 2014 at Toyota B/Stop (inbound Murtala Mohammed International Airport Road). The story from the scene of the accident has it that an Intermodal Container-bearing truck had an engine stall on its way up the steep Toyota overhead bridge and while it was uncontrollably rolling backward, it knocked off […]
Continue reading »
OTHER FACTORS THAT CAN AFFECT ACCURACY OF WEIGHBRIDGE A credible weight system is essential for any industry using the measurement of weight as a benchmark for sale of a product. Understanding the factors affecting the accuracy of weighbridge systems is therefore considered vital if measurement errors are to be minimized. Whether weight, or volume calculated from a weight measure, is […]
Continue reading »
PROLOGUE: REAL-LIFE EXPERIENCE ASSOCIATED WITH WEIGHING SYSTEMS Recently, a concrete making firm decided to overhaul the personnel manning its weighbridge system which had been installed for the purpose of receiving cement delivery, a critical raw material in its production process. The cement delivery to the firm usually comes in 30ton (approximate) bulk cement tankers. The findings they made in the […]
Continue reading »
Retiring young has always been my ambition too. Although some of us are well past what you may call young now…lol! If you nurse that ambition and you are still within age, we can tell you for free that it is quite achievable. Read the following article by Brenton Hayden (Courtesy of Yahoo! Finance) and be inspired! I don’t know […]
Continue reading »
Ever wondered what the next-level logistics will look like? A global brand is already blazing the trail. Enjoy this report by Chris Smith courtesy of Yahoo! News. Amazon on Sunday (Dec.01.2013) unveiled a bold new shipping initiative during CBS‘s popular TV show “60 Minutes:” Amazon Prime Air, which aims to ship packages to your door via air in 30 minutes […]
Continue reading »
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 the new tariff regime. First, it is claimed that many multinational car manufacturers will, on account of the new tariff regime, be induced or practically fall over themselves to set […]
Continue reading »
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 thus, promoting the purchase of locally manufactured vehicles”, a number of issues readily come to mind. Some of the incontrovertible facts that flood the mind are adequately captured in the […]
Continue reading »
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 is simply a tax or duty placed on an imported good by a domestic government. Tariffs are usually levied as a percentage of the declared value of the good, similar […]
Continue reading »