NEWS LENS

FG mulls Chinese, Portuguese loans to complete railways

FG yet to secure 85% foreign railway loan

The Ministry of Transportation said it was yet to secure 85 per cent of the foreign loan component for Kaduna/Kano and Port-Harcourt/Maiduguri rail service projects. The Minister of Transportation Mu’azu Sambo disclosed this in a chat with journalists in Abuja …

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Domestic airfares soar by 95% in 12 months – NBS

FG approves Lekki-Epe airport, projects five million passengers

The Federal Government said on Monday that the Lekki-Epe international airport, upon completion, would cater for about five million air travelling passengers around Lekki, Ajah, and Epe axis of Lagos State annually. This was as Lagos State officially received the …

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FG Committed To Establishing Sustainable Infrastructure For Transport, Logistics -Sambo

FG Committed To Establishing Sustainable Infrastructure For Transport, Logistics -Sambo

By Frank Odinukaeze   The Federal Government has declared its readiness to improve transport infrastructure to enhance sustainable transport and logistics. Minister of Transportation, Engr.Mu’azu Jaji Sambo stated this on Tuesday,  in Lagos while declaring open the 2022 Chartered Institute …

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ValueJet begins operations in Nigeria

ValueJet begins operations in Nigeria

ValueJet Airline on Monday commenced commercial flight operations in Lagos. The airline made this known during its launch party in Lagos on Monday, noting that it would be a hybrid carrier offering both low-cost and legacy options for everyone to …

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Aso Rock to spend N14bn on Internet

Aso Rock to spend N14bn on Internet

  The Presidential Villa plans to spend N14.8bn on Internet access, stationery and telephone charges, among others, under the Federal Government’s planned expenditure captured in the 2023 budget. In the budget, N67.1m was budgeted for Internet access to the Villa, …

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CILT NIGERIA Conference On Sustainable Innovation Begins Tuesday

CILT NIGERIA Conference On Sustainable Innovation Begins Tuesday

  In line with the clarion call to ingest sustainability, innovation and technology across all sectors of the economy, the Chartered Institute of Logistics and Transport (CILT) Nigeria would be hosting a national conference themed ‘ Sustainable Innovations In Global …

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$350million Cabotage Fund: 11 Firms Shortlisted To Benefit

$350million Cabotage Fund: 11 Firms Shortlisted To Benefit

  ·  No record of eleven banks anywhere ·  NISA, SOAN call for criteria, transparency   As the Federal Government plans the inauguration of a special committee this week in preparation for the disbursement of the long-awaited $350m Cabotage Vessel …

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Why I Abandoned NTC, Ex-Transport Minister

Blue Economy: Nigeria To Take Lead In Harnessing Resources

The Minister of Transportation, Mu’azu Jaji Sambo, has given assurance that Nigeria will take the lead among African countries in harnessing the abundant resources of the blue economy for her benefit. The Minster who disclosed this when the Secretary-General, International …

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Lack of funds halts Eastern railway project —FG

Kaduna Train Attack; Sambo Fulfills Promise As Terrorists Set 23 Remaining Victims Free

Barely two months after the last release of victims of Kaduna Train attack,precisely last August, the remaining 23  Kaduna train attack victims were on Wednesday released by their captors.  Secretary of the Chief of Defence Staff Action Committee, Usman Yusuf, …

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Tin Can Port Insecurity: Unidentified Hoodlums Attack ANLCA, Machete MUWN Member

Tin Can Port Insecurity: Unidentified Hoodlums Attack ANLCA, Machete MUWN Member

An unknown group of hoodlums have attacked the Association of Nigerian Licensed Customs Agents (ANLCA) Secretariat at Tin Can Port during their maiden meeting of the Western Zone and macheted Comrade Wale Cole, a member of Maritime Workers Union of …

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Maritime operators to get $700m for vessel acquisition –FG

Disbursement of CVFF Imminent, As FG  Inaugurates Committee, Shortlists 11 Banks

Frank Odinukaeze After 19  years of bloated hope, dreams and expectations, mixed with frustration and anxiety, the Federal Government has finally decided to disburse the elusive   Cabotage Vessel Financing Fund ( CVFF). The disbursement,which may kick off next week may …

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Kogi claims Obajana plant ownership, Dangote, MAN kick

Kogi claims Obajana plant ownership, Dangote, MAN kick

  The Kogi State Government has said that it will be ready to enter into negotiations once Dangote  Group is ready to admit that Obajana cement plant does not belong to it. Governor Yahaya Bello stated this on Thursday while …

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Domestic airlines ask court to terminate FG-Ethiopian deal

Controversy trails Ethiopia’s visa on arrival ban

Ethiopian Airlines has said it will no longer issue visas on arrival to Nigerian citizens and those of other African countries. According to a document sent by the airlines and made available to media source, the aviation company stated as …

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Sambo  Commends  NPA Over  Increased  Revenue  Generation

Sambo  Commends  NPA Over  Increased  Revenue  Generation

The Minister of Transportation, Engr. Mu’azu Jaji Sambo has commended Managing Director of the Nigerian Ports Authority, NPA, Mohammed Bello-Koko for the strides being made by his management team especially in the area of revenue generation and remittance.  The Minister the …

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$350million Cabotage Fund: 11 Firms Shortlisted To Benefit

 Sambo Commends NIMASA Over Improved Corporate Image

  The Minister of Transportation, Engr. Mu’azu Jaji Sambo has commended the Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) for its capacity development initiative in the Nigerian maritime sector. He further applauded the Agency for remaining focused …

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WIMA Nigeria Commiserates With Sifax Boss Over Brother’s Death

WIMA Nigeria Commiserates With Sifax Boss Over Brother’s Death

The Executive of Women In Maritime Africa(WIMA) Nigeria chapter, penultimate week paid a condolence visit to the Chairman of Sifax Group, Dr.Taiwo Afolabi who is bereaved over the death of his twin brother, Mr. Kehinde Afolabi. Kehinde whose untimely death …

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WMD: WISTA, Experts Identify Opportunities In Digitization, Greener Shipping

WMD: WISTA, Experts Identify Opportunities In Digitization, Greener Shipping

By Frank Odinukaeze   ·  Anaroke, Agbakoba, Capt. Iheanacho, Ajani, others bag Award ·  Digitization will reduce cost of doing business -Dr. Membere To meet up with the fast-changing trends in shipping and maritime activities globally, the International Maritime Organization(IMO) …

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NSC Board, Management Condoles With Orakwusi Family

Shippers’ Council Assures Shipping Firms, Shippers Zero Cost Over New Technology

By Frank Odinukaeze   The Executive Secretary of the Nigerian Shippers’ Council (NSC), Hon. Emmamuel Jime has allayed fears that the  cost of  New Technologies to be adopted for greener shipping would not be borne entirely by the shipping community ,even …

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Lack of funds halts Eastern railway project —FG

Sambo Charges NIMASA On Revenue Generation

The  Minister of Transportation, Engr. Mu’azu Jaji Sambo, has charged the Nigerian Maritime Administration and Safety Agency (NIMASA) to live  up to its responsibility in the area of revenue generation. Engr. Sambo made this charge when he toured the facilities …

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FG Set To Unbundle NRC

FG Set To Unbundle NRC

By Frank Odinukaeze     *Debunks Rumours Of  N30bn Revenue loss Monthly There are indications that the Federal Government,may have concluded plans to  unbundle the Nigerian Railway Corporation(NRC)in what it called three in one vision ,which might split the corporation into three …

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