Stakeholders have identified funding as the key challenge being faced in the struggle to overhaul Nigeria's Rail infrastructure.Speaking at the infrastructure dialogue organized by TTL group under the Leadership of Dr Onuoha Nnachi with theme: Rail infrastructure rebirth, the issue of how to fund railway projects across the country took center stage.While the Director rail… Continue reading Funding: Key Challenge in Developing Rail Infrastructure_Ada Nkong
Category: ECONOMY
Cashless Policy Implementation: No going Back-CBN_Femi Ehiabhi
The Central Bank of Nigeria (CBN) has said there is no going back on the full implementation of the federal government’s cashless policy which is expected to commence from April 1 across the country. The first phase of the cashless policy implementation started in Nigeria’s commercial hub, Lagos, on January 1, 2012. It expanded to… Continue reading Cashless Policy Implementation: No going Back-CBN_Femi Ehiabhi
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Amaechi Refutes Claims of Escape From Kaduna Train Attack_Ada Nkong
Following a report making the rounds that the Minister of transportation, Rotimi Amaechi was involved and escaped an ambush on passengers that disembarked the train at Rigasa around Mando area, the Minister has taken to his twitter page to describe the report as concocted.The attack allegedly took place around 8:05 pm on Sunday night.
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CILTN Supports Okada Ban in Lagos_Ada Nkong
The Chartered Institute of Logistics and Transport Nigeria, CILTN says its organisation is in support of the recent ban of motor cycles and tricycles otherwise known as okada and Keke Maruwa by the Lagos State government in major areas across the State .Speaking in an interview over the weekend, the Chairman of the young professionals… Continue reading CILTN Supports Okada Ban in Lagos_Ada Nkong
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Flights Resume at MMIA Lagos_Ada Nkong
Both international and domestic flight operations have resumed at the Murtala Mohammed International Airport Lagos.Flights had been diverted or cancelled because of inclement weather conditions. A statement signed by Mr James Odaudu Director Public relations says the following airlines had flights into lagos Below is a listing of flights into Lagos as at Saturday from… Continue reading Flights Resume at MMIA Lagos_Ada Nkong
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Aviation Union Leaders Task Government on National Carrier _ Jeff Omokhodion
Aviation union leaders have faulted the folding up of the defunct Nigerian airways.Speaking during the 7th aviation workers week celebration in Abuja, they urged the federal government to learn from the mistake of the past and ensure proper regulation.The theme of this year's celebration is CONTRIBUTIONS OF A NATIONAL CARRIER TO THE SOCIO-ECONOMIC DEVELOPMENT OF… Continue reading Aviation Union Leaders Task Government on National Carrier _ Jeff Omokhodion
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Discos, TCN demand another tariff hike_Femi Ehiabhi
Power distribution companies and the Transmission Company of Nigeria Plc have applied to the Nigerian Electricity Regulatory Commission for a review of their tariffs. NERC, in a document seen by our correspondent, said the request for rate review was premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the operational… Continue reading Discos, TCN demand another tariff hike_Femi Ehiabhi
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FIRS 2020 REVENUE TARGET IS N8.5 TRILLION_Ehiabhi Femi
The Federal Inland Revenue Service (FIRS) says it is targeting N8.5 trillion revenue for the country in 2020. The Executive Chairman of FIRS, Mr Muhammad Nami, disclosed this at the 2020 Corporate Plan Retreat in Abuja on Friday. Nami said that the 2020 target was slightly lower than the 2019 target by about N300 billion.… Continue reading FIRS 2020 REVENUE TARGET IS N8.5 TRILLION_Ehiabhi Femi
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Court Upholds Nigerian Shippers Council as Port Economic Regulator_Ada Nkong
A Federal High Court sitting in Lagos has reaffirmed the role of the Nigerian Shippers’ Council (NSC) as Economic Regulator of Nigerian Ports . This follows the dismissal of a suit brought before it by Associated Ports and Marine Development Company (APMDC) Limited. The Plaintiffs had challenged the legitimacy of the Nigerian Shippers’ Council’s directive… Continue reading Court Upholds Nigerian Shippers Council as Port Economic Regulator_Ada Nkong
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