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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The Corps Marshal, Federal Road Safety Corps, Boboye Oyeyemi, has announced that enforcement of the speed limiters on commercial vehicles will commence nationwide on October 1, 2016. Oyeyemi said this on Wednesday in Abuja during a stakeholders’ meeting with relevant government agencies and transport unions.
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The Federal Government has paid about N700bn out of the N2.1tn liabilities for the construction of 206 road projects across the country, the Minister of Power, Works and Housing, Babatunde Fashola, has said. Although the minister was not specific if it was the present government that paid the sum, he, however, explained that out of the N300bn already released by […]
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As part of the efforts to address frequent disruptions to the supply of crude oil to the Kaduna Refinery and Petrochemical Company (KRPC) as a result of the Niger Delta militancy, the Nigerian National Petroleum Corporation (NNPC) is considering importing crude oil from Chad and Niger Republic, investigations by THISDAY have revealed. This is coming as the President of the […]
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NNPC Group Managing Director, Maikanti Baru has ruled out the possibility of any increment in petrol pump price. Baru said this today to state house correspondents while reacting to media reports that oil marketers may soon increase pump price of petrol due to the scarcity of dollar and high exchange rates. According to Baru, he has not gotten any presidential […]
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The Minister of Power, Works and Housing, Mr Babatunde Fashola, said on Tuesday that the Federal Government inherited 206 uncompleted roads from the last administration. He added that contractors of most of the projects had since been mobilised to site. Fashola said his ministry was working with lean resources, adding that it was determined to do more in the interest […]
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The Federal and Lagos State Governments Friday disclosed plan to save Marine Beach Bridge (Apapa-Ijora Bridge), which connects Apapa Central Business District (CBD) to Lagos Island and Lagos-Ibadan expressway via Ikorodu road. Before they unveiled the new intervention, a portion of the bridge had caved in, thus putting its structural integrity to question and causing intractable gridlocks that often paralysed […]
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