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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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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