Labour: Increase in BRT, LAGBUS fares is insensitive

Labour: Increase in BRT, LAGBUS fares is insensitive

Lagos State council of Trade Union Congress of Nigeria (TUC) has condemned increase in the   transport fares of BRT and LAGBUS buses. In a statement on Tuesday, TUC described the increase announced by the Managing Director of Lagos Metropolitan...
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Nigeria Railway boss explains increase in Abuja-Kaduna fare

Nigeria Railway boss explains increase in Abuja-Kaduna fare

The Managing Director, Nigerian Railway Corporation (NRC), Fidet Okhiria, has explained that the increase in fare of Abuja-Kaduna rail line was to meet up with the part cost of the rail operations. Mr. Okhiria told the News Agency of Nigeria...
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Bank approves N408b for Lagos-Ibadan rail project

Bank approves N408b for Lagos-Ibadan rail project

Barely one  week after the Federal Government announced the release of N72billion  as its counterpart fund for the construction of the Lagos-Ibadan standard gauge rail line, the Export-Import Bank of China has approved $1.275bn (about N408bn) loan for the pr...
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FG tasks General Electric CEO on $2b East-West rail project

FG tasks General Electric CEO on $2b East-West rail project

The Vice President, Prof. Yemi Osinbajo, on Tuesday in Abuja urged a delegation from General Electric (GE) led by its Global Chief Eexecutive Officer, Jeff Immelt to speed up its infrastructural engagements in Nigeria.  One of such engagements according to...
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FG releases N72b for Lagos/Ibadan rail project

FG releases N72b for Lagos/Ibadan rail project

As part of its commitment to the Lagos-Ibadan rail development project, the Federal Government has released N72 billion of its counterpart funding. Minister of Transportation, Rotimi Amaechi who disclosed the development on Monday explained that Chinese partne...
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FG awards contract for repair of Abuja-Kaduna road

FG awards contract for repair of Abuja-Kaduna road

Sequel to the planned usage of the Kaduna International Airport for flights in and out of Abuja, while the runway of the Nnamdi Azikwe International Airport, Abuja undergoes rehabilitation works, the Federal Government has awarded a contract for the emerge...
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‘Only 3000 out of 10,000 kilometers of Nigeria’s waterways are navigable’

‘Only 3000 out of 10,000 kilometers of Nigeria’s waterways are navigable’

The National Inland Waterways Authority (NIWA) has only succeeded in exercising the powers vested on it by the Act establishing Nigeria’s over 3000 kilometers of navigable waterways from Nigeria/Niger and Nigeria/Cameroon borders to the Atlantic Ocean. The G...
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Senate faults rail track concession deal with General Electric

Senate faults rail track concession deal with General Electric

Citing lack of due process, the Nigerian Senate on Tuesday commenced investigation into the concession of Eastern and Western rail lines to General Electric (GE).  According to the Senate, the contract entered into with the United States Company did not...
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FG to adopt new ship finance model

FG to adopt new ship finance model

Minister of Transport, Rotimi Amaechi has pledged the commitment of the Federal Government to adopt resolutions reached at the proposed Nigeria Ship Finance Conference.   Speaking at a pre-event dinner in Lagos, Amaechi said: “I assure you that whatever dec...
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FG approves transaction adviser on rail concessioning

FG approves transaction adviser on rail concessioning

The Federal Executive Council (FEC) on Wednesday  approved the appointment of transaction advisers to negotiate with General Electric (GE) on railline  concessioning.  Speaking at the end of the meeting presided over by President Muhammadu Buhari, Minister ...
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Minister pledges full implementation of ISPS Code

Minister pledges full implementation of ISPS Code

The Federal Government has reiterated Nigeria’s commitment to maritime security through the full implementation of the International Ship and Port Facility Security (ISPS) code.   This commitment was made by the Minister of Transportation, Rotimi Chibuike A...
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