FG PARTIALLY SHUTS DOWN APAPA-IJORA BRIDGE, ENGINEERING DRAWINGS MISSING

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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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, […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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