Several groups have rejected the reintroduction of tolling on federal roads by the Federal Government. They said the move showed that the President Muhammadu Buhari administration was “insensitive” to the plight of Nigerians, especially during this period of economic recession. The groups also said it was not right for the Federal Government to re-introduce tolling on roads in the country, […]
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The Minister of State for Aviation, Mr. Hadi Sirika Wednesday, appealed to Emirates, Kenya Airways and other foreign airlines which threatened recently to suspend flights from the Nnamdi Azikiwe International Airport in Abuja due to the scarcity of foreign exchange and dwindling passenger traffic to reconsider their decisions. The airlines had said scarcity of foreign exchange and dwindling passenger traffic […]
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The Federal Government said yesterday that American company, General Electric (GE) would take over the management of the Nigeria Railway Corporation (NRC) under a concession plan between January and March 2017. Minister of Transportation, Rotimi Chibuike Amaechi, who made this known yesterday in Abuja while speaking at the first International Transportation Conference, said that the 18-month window period before the […]
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The Senate has passed a motion for the reintroduction of toll gates on Federal roads in the country. In the motion, Suleiman Nazif, a Senator from Bauchi North, who sponsored it, expressed dismay over the state of roads in the country, saying they had become a “national shame and embarrassment”. He said the re-establishment of toll gates would solve “the […]
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The Minister of Power, Works and Housing, Mr Babatunde Fashola, says that the Federal Government is committed to the dualisation of the entire section of the trans Sahara route in Nigeria. The minister gave the assurance while declaring open the 65th session of the Trans Saharan Road Liaison Session on Monday in Abuja. Fashola, who was represented at the occasion […]
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The National Security Adviser, Maj. Gen. Babagana Monguno (Rtd), handed over two aircraft in the Presidential fleet to the Nigerian Air Force. Monguno handed over the two aircraft, Augusta AW101 Very Important Personality Helicopters to the Minister of Defence, Mansur Dan Ali, in the presence of the Chief of Air Staff, Air Marshal Sadique Abubakar, his Army counterpart, Lt. Gen. […]
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The Federal Government has asked the Supreme Court to declare the Lagos State Wharf Landing Fees Law No 5 of 2009 unconstitutional and to order the state to refund all the monies collected through the law. The law was passed in 2009 when Babatunde Fashola, now the Minister for Power, Works and Housing, was the state governor. It imposes levies […]
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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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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 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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The Federal Government has set up N25bn revolving loan scheme for transport companies in the country for purchase of mass transit vehicles. The Minister of Industry, Trade and Investment, Mr Okechukwu Enelamah, disclosed this in Abuja on Tuesday at the opening of a two-day national workshop for chief executives of mass transit companies. Enelamah said the initiative was aimed at […]
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The Minister of Power Works and Housing, Mr. Babatunde Fashola, has highlighted the specific steps being taken in the infrastructure sectors to reenergize the economy, saying the measures were meant to correct the mistakes of yesterday and move the country from economic stagnation. Fashola, who spoke at the Wilson Centre in Washington DC, USA, while presenting a paper on “Leadership […]
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