NRC Arrests Rail Track Vandals

NRC Arrests Rail Track Vandals

The Nigeria Railway Corporation (NRC)  has announced the arrest of two persons suspected of vandalising rail tracks along Kaduna-Zaria rail line.  Haruna Sabo, the NRC Northern District Engineer, made the disclosure in an interview with the News Agency of Nigeria (NAN),...
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Heritage Bank Partners Road Transport Workers On Insurance Scheme For Travelers

Heritage Bank Partners Road Transport Workers On Insurance Scheme For Travelers

Heritage Bank in partnership with the Road Transport Employee’s Association of Nigeria (RTEAN) has launched the Travelers’ Accident Insurance Scheme (TAIS) to assist road accident victims across the country.The scheme aims to address deaths associa...
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Transporters Tackle Ministry Over N10b Covid-19 Palliative Fund

Transporters Tackle Ministry Over N10b Covid-19 Palliative Fund

By Moses Ebosele, ebosele@hotmail.com   — The N10billion approved by the Federal Government to ameliorate effects of last year’s Covid-19 lockdown on transporters and auto related segment of Nigeria’s economy is now enmeshed in controver...
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SIFAX Logistics Acquires 25 New Trucks

SIFAX Logistics Acquires 25 New Trucks

SIFAX Logistics Company Limited, one of SIFAX Group’s subsidiaries whose business offerings include haulage, clearing and forwarding, groupage and shipping, is set to increase its operational capacity through the injection of 25 new trucks to boost its opera...
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Peace Mass Transit Acquisition Of C & I Leasing To Enhance Shareholders Value

Peace Mass Transit Acquisition Of C & I Leasing To Enhance Shareholders Value

C & I Leasing Plc on Wednesday expressed optimism that the emergence of Peace Mass Transit as the company’s majority shareholder would bring enhanced value creation for all its stakeholders. Mr Andrew Otike-Odibi, the company’s Managing Director/Chief ...
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NRC Begins Lagos-Abeokuta-Ibadan Rail Services

NRC Begins Lagos-Abeokuta-Ibadan Rail Services

The Nigeria Railway Corporation (NRC) has announced the commencement of rail service operations on the Lagos-Abeokuta-Ibadan standard gauge train.  In a statement on Monday, the Railway District Manager, Mr Jerry Oche explained that the newly introduced s...
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Railway Employs 25,000 New Staff

Railway Employs 25,000 New Staff

Deutsche Bahn, Germany’s national railway operator, counted 25,000 more new hires than in 2020, even when fewer people were taking the train due to the Coronavirus pandemic, management announced on Thursday. German Transport Minister, Andreas Scheuer praised...
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GOWON Seeks Innovative Ways To Reposition Transportation

GOWON Seeks Innovative Ways To Reposition Transportation

Former Head of State, General Yakubu Gowon (Rtd), has called for partnership between the public and private sectors in order to come up with innovative ways of resolving the transportation challenge in the country.   Gowon spoke on Tuesday in Abuja.....
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Transport Ministers Meet Over Regional Maritime Bank

Transport Ministers Meet Over Regional Maritime Bank

The Minister of Transportation, Rotimi Amaechi has met his West and Central Africa counterparts to deliberate on the establishment of a Maritime Bank.  A statement issued by Amaechi’s Media Assistant, Taiye Elebiyo-Edeni, explained that the Mi...
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Fashola Orders Trailers To Vacate Lagos-Ibadan Expressway

Fashola Orders Trailers To Vacate Lagos-Ibadan Expressway

The Minister of Works and Housing, Mr Babatunde Fashola, on Saturday directed trailers parking indiscriminately at Ogere section of the Lagos-Ibadan expressway to immediately vacate the area to give way for ongoing construction works.  Fashola, who undert...
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Transport Minister Proposes N205b Budget For 2021

Transport Minister Proposes N205b Budget For 2021

The Minister of Transportation, Rotimi Amaechi has proposed N205 billion as capital budget for 2021 to enable the ministry make significant progress on all its ongoing projects.  Amaechi in a statement during  his presentation bef...
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NRC Generates N1.4b IGR, Remits N245m To TSA

NRC Generates N1.4b IGR, Remits N245m To TSA

The Nigerian Railway Corporation (NRC) on Friday said its Internally Generated Revenue (IGR) as at September 30 stood at N1.4billion as against N4.4billion projection for 2020.  Managing Director of NRC, Mr Fidets Okhiria,  in a statement explai...
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Bajaj Auto Signs Jay Jay Okocha As Brand Ambassador

Bajaj Auto Signs Jay Jay Okocha As Brand Ambassador

Bajaj Auto, the world’s leading manufacturer of 3-wheelers has partnered with Jay Jay Okocha, to endorse its commercial vehicle range consisting of 3-wheeler and 4-wheeler products.   Regarded as Nigeria’s greatest and most skillful sports personality, Ja...
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Amaechi: Lagos-Ibadan Rail Line Ready By December

Amaechi: Lagos-Ibadan Rail Line Ready By December

The Lagos-Ibadan Standard Guage Rail line should be ready by December, considering the progress works on the construction of rail stations by contractor, the Minister of Transportation, Mr Rotimi Amaechi, has said   Amaechi gave the assurance wh...
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