FG RAISES PANEL ON NEW LAGOS-IBADAN RAIL CONSTRUCTION

The Federal Government has set up a steering committee to monitor the construction of the new Lagos-Ibadan rail line and ensure the delivery of quality job by the contractor. The Managing Director, Nigerian Railway Corporation, Mr. Fidet Okhria, who disclosed this on Tuesday in a telephone interview with our correspondent, also said the construction work had commenced on the standard […]

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FED GOVT TO BORROW $6.1BN TO COMPLETE ALL RAIL PROJECTS BY 2019

The Federal Government has concluded plans to borrow $6.1 billion from Chinese Exim Bank to complete all rail projects in the country by 2019. The Minister of Transportation, Rotimi Amaechi, who disclosed this on Monday in Abuja, in a statement issued by Yetunde Sonaike, the Ministry’s Director of Public Relations, said that the Federal Government had targeted the construction of […]

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LAGOS-IBADAN RAIL PROJECT FLAGGED-OFF: TO BE COMPLETED DEC 2018 – OSINBAJO

Acting President of the Federal Republic of Nigeria, Professor Yemi Osinbajo on Tuesday said that the Federal Government was committed to delivering a fast and efficient rail service system between Lagos and Ibadan within a projected time frame of December 2018. Osinbajo, who spoke at the Ground Breaking Ceremony of the Segment II Lagos-Ibadan Rail Project with Extension to Lagos […]

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CRIME: FED GOVT TO COMPILE BIOMETRIC DATA OF OKADA RIDERS

The Federal Government will soon embark on biometric data capturing of all commercial motorcycle and tricycle operators in the country to check crimes perpetrated with the use of tricycles and motorcycles. The capturing would be done in collaboration with the Amalgamated Commercial Tricycle and Motorcycle Owners, Repairers and Riders Association of Nigeria. The National President of ACOMORAN, Alhaji Shehu Babangida, […]

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BAN ON OKADA, KEKE WILL AFFECT NIGERIA’S ECONOMY – AMAECHI

The Minister of Transportation, Rotimi Amaechi, has said that motorcycles and tricycles should not be banned nationwide because doing so would affect the nation’s economy negatively. Amaechi said this on Tuesday in Abuja at the celebration of the national day of Amalgamated Commercial Tricycle and Motorcycle Owners, Repairers and Riders Association of Nigeria. The minister advised state governments not to […]

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GENERAL ELECTRIC TO TAKE OVER NIGERIA RAILWAY CORPORATION NEXT YEAR

The Federal Government said yesterday that American company, General Electric (GE) would take over the management of the Nigeria Railway Corporation (NRC) under a concession plan between January and March 2017. Minister of Transportation, Rotimi Chibuike Amaechi, who made this known yesterday in Abuja while speaking at the first International Transportation Conference, said that the 18-month window period before the […]

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APTCON MOVES TO BOOST TRANSPORT SECTOR

Private transport company owners under the aegis of Association of Private Transport Companies of Nigeria (APTCON) have called on stakeholders in the sector to tap into every potential the sector has to offer for its growth and development. Speaking recently, the convener of the association, Dr Henrietta Onwuegbuzie, expressed the readiness of members to energise the sector with trillions in […]

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