Minister of Aviation, Senator Hadi Sirika says the establishment of the National Carrier, Maintenance, Repair and Overhaul (MRO) facilities and implementation of other components of the Aviation Roadmap remain top priorities of the federal government. Senator Sirika gave the assurance at a meeting with members of the Joint Aviation Unions Forum , an umbrella body… Continue reading AVIATION ROADMAP STILL FG PRIORITY-HADI SIRIKA
Category: ECONOMY
US JUDGE SAVES NIGERIA $1.8 BILLION_Ada Nkong
A U.S. judge on Wednesday rejected Exxon Mobil Corp’s and Royal Dutch Shell Plc’s effort to revive a $1.8 billion arbitration award against the Nigerian National Petroleum Corporation, NNPC,a case that bears some resemblance to P&ID $9.6b claims against Nigeria. The case stemmed from a dispute over a 1993 contract to extract oil near Nigeria’s… Continue reading US JUDGE SAVES NIGERIA $1.8 BILLION_Ada Nkong
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XENOPHOBIA: JIM OVIA BACKTRACKS_Femi Ehiabhi
Nigerian billionaire, Jim Ovia, has announced he his pulling out from the ongoing World Economic Forum holding in South Africa amidst increasing backlash over xenophobic attacks on Nigerians and other Africans in Johannesburg. A statement circulated Thursday morning by Zenith Bank, which Mr Ovia chairs, attributed with withdrawal to the public uproar. Mr Ovia and… Continue reading XENOPHOBIA: JIM OVIA BACKTRACKS_Femi Ehiabhi
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RAILWAY E TICKETING TO GENERATE N16 BILLION _Ada Nkong
The Director General ,Infrastructure Concession Regulatory , ICRC ,Commission Engt Chidi Izuwah says the sales of train service ticket via the automated ticketing platform is expected to hit 16 billion Naira in the next ten years. The ICRC boss made this disclosure at the presentation of the Full business scale Certificate for the concession of… Continue reading RAILWAY E TICKETING TO GENERATE N16 BILLION _Ada Nkong
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NIGERIA ACQUIRES $8.8 MILLION CALIBRATION AIRCRAFT_Ada Nkong
Nigeria has acquired a custom made calibration aircraft. The Minister of Aviation, Hadi Sirika who took delivery of the aircraft Thursday at the Nnamdi Azikiwe airport said the last time Nigeria had such was twenty years ago under cover aviation flying unit. "The purpose of this aircraft is to calibrate our equipment and aids in… Continue reading NIGERIA ACQUIRES $8.8 MILLION CALIBRATION AIRCRAFT_Ada Nkong
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MASSIVE SMUGGLING ACTIVITIES, REASON FOR BORDER CLOSURE-BUHARI
President Muhammadu Buhari has attributed the partial closure of Nigeria’s border with Benin Republic to the massive smuggling activities especially of rice, taking place on that corridor. The Nigerian leader gave the reason during an audience granted his Beninois counterpart, Patrice Talon, on the margins of the Seventh Tokyo International Conference for African Development (TICAD7), in Yokohama,… Continue reading MASSIVE SMUGGLING ACTIVITIES, REASON FOR BORDER CLOSURE-BUHARI
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UASC SUB REGIONAL SUMMIT: FUEL PRICE MAY DOUBLE JANUARY 2020_Ada Nkong
The Federal government has reiterated its commitment to reducing cost of doing business as well as promoting efficiency and competition for the economic growth and development of the entire west and central African sub- region. The Minister of transportation, Rotimi Amaechi gave the assurance in his keynote address at the joint committee meetings of the… Continue reading UASC SUB REGIONAL SUMMIT: FUEL PRICE MAY DOUBLE JANUARY 2020_Ada Nkong
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AMAECHI,SARAKI PROMISE TRANSPORT STAFF BETTER DAYS_Ada Nkong
The Minister of Transportation, Chibuike Rotimi Amaechi has declared free transportation services for staff and management of the ministry. Speaking at the inaugural meeting with staff of the ministry,Amaechi said the decision was to help ameliorate the challenges faced by the staff in the discharge of their civic duties. Amaechi said, "knowing the background I… Continue reading AMAECHI,SARAKI PROMISE TRANSPORT STAFF BETTER DAYS_Ada Nkong
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We have saved N 2 billion- Hassan Bello_Ada Nkong
The Nigeria Shippers Council says it is working towards reducing local shipping charges by 35%. The Executive Secretary, Barr Hassan Bello said this while welcoming participants to the Sub Regional Summit on unfair shipping surcharges and high local shipping charges at the ports of west and central Africa Subregion holding in Abuja. Bello said "… Continue reading We have saved N 2 billion- Hassan Bello_Ada Nkong
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