Transportation

The Senate, on Tuesday, passed the Nigerian College of Aviation Technology (Amendment) Bill, 2022. The passage of the bill followed the consideration of a report by the Senate Committee on Aviation. Chairman of the committee, Senator Smart Adeyemi (APC/Kogi-West), in his presentation, said the bill seeks to provide for the …

Ebuka Daniel The Minister of Mines and Steel Development, Olamilekan Adegbite, has said Nigeria has what it called “the mineral of the future” that can power electric cars and phones. Adegbite said this to international investors during one of the investors’ forums at the Mining Conference in Riyadh Saudi, according …

The Manufacturers Association of Nigeria has raised concerns as the cost of shipping rose further to 33.5 per cent in the fourth quarter of last year. The association, in its MAN CEOs Confidence Index report for Q4 2021, said production and distribution costs increased by 0.4 per cent in the period …

The Auditor-General for the Federation has indicted the Nigeria Port Authority (NPA) for failure to recover and remit N40.126 billion, $921.636 million and 289,931.82 pounds to government treasury from various revenue sources in 2019. This was contained in 13 audit queries for the NPA signed by the Auditor-General, Adolphus Aghughu …

Ololade Omosan-Agie The Nigerian Ports Authority will not renew or issue new barge operations licenses to operators who fail to meet the minimum requirements set for obtaining operating licenses in 2022. The NPA made the disclosure in its Barge Operations Handbook for 2022 The new guideline is not unconnected to the …

Ebuka Daniel The Managing Director of the Nigerian Railway Corporation, Mr Fidet Okhiria, on Tuesday said that the Lagos-Ibadan rail line will need 1,000 additional workers at the cost of N567.45m per annum. Okhiria, disclosed this in Lagos when members of the National Assembly Joint Committee on Transportation visited the …

Ololade Omosan-Agie The Nigerian Maritime Administration and Safety Agency has started the digitalisation of manifests for all vessels calling at all Nigerian ports. According to the agency, all physical transactions regarding sailing certificates and cargo manifest processing are being phased out. It added that the automation would help in reducing …

Oluwasina Phillip The Debt Management Office has flagged off the issuance of the Federal Government’s N250bn Sukuk bond. The N250bn bond issuance is specifically to finance road projects across the six geo political zones of the country. With the issuance of the N250bn Sukuk, the DMO has successfully bring to …

Ololade Omosan-Agie The Director-General of the National Automotive Design and Development Council, Jelani Aliyu has spoken at the IATF, Intra-Africa Trade Fair, in Durban, South Africa. The IATF is a multinational trade fair and conference aimed at bringing Africa’s over 55 countries together to showcase their relavant products and services …

Railway service across the country has been grounded following the industrial action instituted by the Nigerian Union of Railway Workers. About 10,995 of the workers under the union threatened a three-day strike last week. They are seeking improved welfare from the Federal Government. Following the threat from the labour union, …