The Federal Government yesterday shutdown the Apapa-Ijora Bridge in Lagos to outward bound traffic for quick rehabilitation, even as it admitted that the engineering drawings for the bridge constructed in the 1970s, are missing. THISDAY had raised the red flag last week over the extreme deterioration of the bridge, which has massive holes that have exposed the steel rods supporting […]
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FG AGAIN STOPS DELTA GOVT FROM FIXING FAILED PORTION OF ASABA/ONITSHA ROAD
The nightmare being witnessed by motorists and commuters on the Benin/Onitsha expressway as a result of the failed portion of the road shortly before the Asaba end of the Niger Bridge may continue as attempts by the Delta State government to fix the road has again been resisted by officials of the federal government. It would be recalled that the […]
Continue reading »PASSENGERS TO PAY N500 AS TRANSPORT FARE ON ABUJA-KADUNA RAIL
The Minister of Transportation, Mr. Rotimi Amaechi, on Thursday said federal government had fixed the cost of travelling on the newly completed Abuja to Kaduna rail lines at N500 per passenger per trip on the economy class. Answering journalists questions after the final inspection of the project which is due for inauguration by President Muhammadu Buhari next week in Abuja, […]
Continue reading »USED CAR IMPORTATION: LOCAL AUTOMAKERS DEMAND FULL IMPLEMENTATION OF 70% TARIFF
The Federal Government and local automobile manufacturers have disagreed on the enforcement of a 70 per cent tariff on imported used vehicles. While the latter want the Federal government to commence the enforcement with immediate effect the second phase of the imposed 35 per cent tariff on imported used vehicles to discourage their importation, the government says it will only […]
Continue reading »FG, CCECC SIGN $11.117 BILLION LAGOS-CALABAR RAIL CONTRACT
The Federal Government few days ago signed an agreement with the China Civil Engineering Construction Company (CCECC) for the construction of the Lagos-Calabar coastal railway line at $11.117billion Minister of Transportation, Rotimi Chibuike Amaechi said the first segment of the rail line, which comprises Calabar, Uyo, Aba and Port-Harcourt will be ready within two years.
Continue reading »FG MOVES TO DECONGEST SEAPORTS, INAUGURATES ICD COMMITTEE
The Federal Government has inaugurated a technical committee for the establishment of the Kaduna Dry Port with a view to decongesting the country’s seaports. In March this year, the Federal Executive Council approved the establishment of Inland Container Depots (ICD) in the country and explained that the concept would be run on a public-private partnership, using the build, own, operate […]
Continue reading »SIGH OF RELIEF IN AUTO SECTOR, AS FG PROMISES TO IMPLEMENT AUTO POLICY
There were palpable sighs of relief in the crowded hall at a hotel in Victoria Island, Lagos, during the week, when the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah assured stakeholders in the auto industry that the Federal Government would implement the National Automotive Industry Development Plan (NAIDP), and not scrap it. “The FGN has identified the auto […]
Continue reading »CONCRETE ROAD: CEMENT MANUFACTURERS TASK FGN ON POLICY FRAMEWORK
In the drive towards attracting investments in the construction sector, aid local content and improve capacity utilization in the cement-manufacturing sector, the major cement producers have tasked the Federal Government on the need to formulate policies to encourage concrete pavements design. According to the manufacturers, concrete remains the most cost-effective road material on the basis of both initial and life-cycle […]
Continue reading »HOW N16BILLION MASS TRANSIT SURE-P FUND WAS SQUANDERED
Over N16billion of Subsidy Reinvestment and Empowerment Programme (SURE-P) funds released by the Goodluck Jonathan administration in 2012 for the Public Mass Transit Revolving Fund (PMTF) was squandered, the International Centre for Investigative Reporting icirnigeria.org has found. The fund, administered as a revolving loan by The Infrastructure Bank (TIB) was given out in form of Mass Transit Vehicles to 31 […]
Continue reading »FEDERAL GOVERNMENT REQUIRES $166BN TO REVAMP TRANSPORT AND ENERGY SECTORS
The Federal Government said on Monday that it would cost as much as $166bn in the next five years to provide infrastructure in energy and transport sectors of the economy. It stated that the money could rise to $3.05tn in 30 years. The Minister of Transportation, Mr. Rotimi Amaechi, gave the figures at the National Assembly in Abuja.
Continue reading »“COME UP WITH A MASS TRANSPORT POLICY”- SENATOR BEN BRUCE TASKS FGN
Senator Ben Bruce, a National Assembly member has urged the Federal Government to come up with a mass transportation policy that would cushion the effect of new price of petrol. Bruce made the call while interacting with newsmen on Tuesday in Abuja. He said that concern being expressed and the agitation generated by the new price of fuel was due […]
Continue reading »FG MAY REVIEW PORT CONCESSION AGREEMENTS – SHIPPERS’ COUNCIL
The Executive Secretary, Nigerian Shippers’ Council, Mr. Hassan Bello, has hinted about plans to review the concession agreements between the Federal Government and port terminal operators. He said this during a courtesy visit by the council’s management team to the Tin Can Island Container Terminal in Lagos.
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