The Federal Government on Friday announced that it had recorded over 200 per cent increase in passenger volume on the Warri-Itakpe rail service in the past few months. Minister of Transportation, Rotimi Amaechi, announced this at the official flag-off ceremony of freight service between Warri and Itakpe on standard guage railway line. In September 2020, […]Read More
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, on Wednesday approved N11.72 billion for projects in the Works and Housing, as well as Health ministries. Works and Housing Minister Babatunde Fashola announced this to State House Correspondents after the week’s virtual FEC meeting in Abuja. The minister said N8.649 billion was approved […]Read More
Contrary to expectation on the free flow of traffic following the commencement of Call-Up system for port operations, Oshodi-Apapa Expressway has been on a total lockdown as fuel tankers and containerized vehicles parked indiscriminately along the road. This happened as Lagos State Governor, Mr. Babajide Sanwo-Olu, vowed to publicly mention the names of prominent Nigerians […]Read More
The Federal Government has approved the establishment of dedicated Subscriber Identification Module (SIM) swap centres by Mobile Network Operators (MNOs) across all states and local government areas (LGAs) in the country. A statement jointly signed by the Nigeria Communications Commission (NCC) and National Identity Management Commission (NIMC), said the approval was part of resolutions reached at the […]Read More
Boom Supersonic Appoints Former Boeing CEO Phil Condit And IDEO’s
Aviation and design luminaries join leader in sustainable supersonic flight to help build the future of air travel Boom Supersonic, the aerospace company building the world’s fastest and most sustainable commercial airliner, has announced that it has appointed two renowned leaders to the Boom Advisory Council: Phil Condit, former chairman and CEO of The Boeing Company […]Read More
Nigeria’s N1trn Infrastructure Company To Commence Operations Later 2021 –
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the Infrastructure Corporation of Nigeria (Infra-Co) will commence operations by second-half of 2021. He said this on Friday at the Vanguard economic summit held in Lagos. President Muhammadu Buhari had approved the establishment of a N1 trillion Infra-Co on February 12, 2021, to focus on critical […]Read More
One would think that a megacity with the fifth largest economy in Africa would have one of the most efficient transport networks on the continent that effectively connects businesses to labour and product markets, and enables productivity increases. Call it the Lagos paradox: the megacity’s $136 billion economy isn’t growing as it should because, despite […]Read More
The Department of Petroleum Resources, DPR, has flagged off the Oil and Gas Search, Rescue and Surveillance, SeRAS, Command and Control Centre, targeted at improving safety and operational efficiency in the petroleum industry. Director, DPR, Mr. Sarki Auwalu, who flagged off the programme in Lagos, Monday, disclosed that it was being implemented in collaboration with […]Read More
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