As part of efforts to boost revenue, the federal government has been advised to concession major highways and railway lines in the country to both local and foreign private sector investors. Analysts at FSDH Merchant Bank Limited gave the advice in their latest monthly economic report. They also stressed the need for the federal government to involve the private sector […]
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A civil rights organisation, Africa Network for Environment and Economic Justice, has raised the alarm that two companies based in Switzerland, Vitol and Trafigura, are allegedly engaged in the importation of dirty fuel to Nigeria. The ANEEJ advised the government to “work closely with the National Assembly and help to activate all environmental laws that will check the illegitimate business […]
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The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has urged state governments to cooperate with the Federal Controller of Works in their states in order to ensure smooth road rehabilitation and construction. He said that the Federal Government was committed to making roads in the country motorable as part of efforts in meeting the expectations of Nigerians.
Continue reading »Another domestic carrier, First Nation Airlines, has suspended its operations, the Nigerian Civil Aviation Authority has said. This is coming in less than 24 hours after Aero Contractors Airlines, Nigeria’s second largest commercial carrier, announced an indefinite suspension of its scheduled flight services and its staff with effect from Thursday, September 1, 2016.
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Be careful when you engage these guys on the road. They may be a little bit more civil in their approach but know for sure that they are as tough as they come! With drills like this, who wouldn’t be!
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The Minister of Works, Power and Housing, Mr Babatunde Fashola, has said that there is no respite yet for the Federal Government until Nigerians are happy with the state of our roads comparable to the best infrastructural facilities available anywhere in the world.
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To improve access to new vehicles and promote the patronage of locally assembled vehicles, the Federal Government, through the National Automotive Design and Development Council (NADDC) has announced plans to unveil a credit purchase scheme for Nigerians to purchase such vehicles. According to the Director, Policy and Planning, Luqman Mamudu, the council is contributing about N7.5 billion interest free rates […]
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The Nigeria Customs Service (NCS) said it generated N385.7 billion revenue from January to June this year. This was against the N438.2 billion generated in the same period in 2015. The NSC Public Relations Officer, Mr Wale Adeniyi, disclosed this to the News Agency of Nigeria (NAN) in an interview on Monday in Abuja.
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The Federal Government has signed a Memorandum of Understanding, MoU, with China Railway Construction Corporation, CRCC, for the construction of Warri-Ajaokuta-Itakpe-Abuja rail line. While Minister of Transportation, Mr. Rotimi Amaechi, signed for Nigeria, the Vice President of CRCC, Mr Chen Xiao Xing, signed for his company on Friday night.
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The Minister of Transportation, Mr Chibuike Amaechi, said on Friday that the Federal Government would in February, 2017 consider approval for the concessioning of the Eastern and Western rail lines. Amaechi stated this to State House correspondents after Vice-President Yemi Osinbajo inaugurated a steering committee for the concessioning of the Eastern and Western rail lines at the Presidential Villa.
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The Federal Government on Friday constituted a 20-member steering committee on the concessioning of the Eastern and Western lines of the Nigeria Railways. The move is said to be aimed at spurring a transformation of the railway infrastructure in the country. Vice-President Yemi Osinbajo inaugurated the committee headed by the Minister of Transportation, Mr. Rotimi Amaechi, at the Presidential Villa, […]
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