Clement Ojarikre

Nigerians shift gear to Chinese cars on volatile naira

Nigeria’s lingering foreign exchange challenge, which has driven up the prices of vehicles of all categories in the country, is changing consumer preferences in the brand-new car market. Some individual car users and companies are now embracing Chinese brands for new car needs because they are less expensive than those from German, Japanese, and American …

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Motorists excited over Third Mainland Bridge reopening

Motorists in Lagos State have expressed excitement over the announcement of the reopening of the Third Mainland Bridge. The Lagos State Government had on Saturday, March 30, announced that the bridge, which had been under repair for the last seven weeks, would be reopened on April 4, 2024. This was as the Lagos State Traffic …

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Emirates Airline to resume Nigeria flights in June

The Minister of Aviation and Aerospace Development, Festus Keyamo, said Emirates Airline will resume operations in Nigeria on or before June 2024. Keyamo disclosed this when he featured on Arise Television on Monday. The minister noted that President Bola Tinubu played a significant role in resolving the frosty relations between the two countries. According to …

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Port-Harcourt – Aba rail line to now commence operations in April 2024 – FG

The Federal Government has announced the postponement of the commencement date for the operation of train services on the Port-Harcourt-Aba section of the Port-Harcourt to Maiduguri narrow gauge line to April 2024. The Port Harcourt-Aba rail project, which is part of the larger Port Harcourt-Maiduguri rail project, and initiated by former President Muhammadu Buhari’s administration, …

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FG to speed up work on Ekiti roads, Umahi assures

The Minister of Works, Engr Dave Umahi has commended Ekiti State Governor, Mr. Biodun Oyebanji for his commitment to infrastructure upgrade in the state even as he assured him of the Federal Government’s plan to speed up the construction/ rehabilitation of roads in the state. The Minister gave the commendation on Saturday when he and …

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LASG launches clean-up of illegal structures along Fagba corridor of Red Line rail

The Lagos State Government has initiated the removal of shanties and illegal makeshift structures along the Fagba corridor of the Lagos Rail Mass Transit (LRMT) Red Line, aiming to enhance the safety, cleanliness, and health of the state’s environment. Tokunbo Wahab, the Lagos State Commissioner for Environment and Water Resources, announced this development through a post …

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Top 10 Nigerian States with highest water transport passenger fares in February 2024

Road transportation continues to be Nigeria’s primary mode of travel, yet a notable segment of the population relies on waterways for transit. The National Bureau of Statistics (NBS) Transport Fare Watch report for February 2024 reveals that the average waterway transportation fare in Nigeria saw a minor decrease of 0.50% from January 2024. In contrast, …

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Onne Port opens new in-gate facility

APM Terminals-operated West Africa Container Terminal (WACT) anticipates a significant enhancement in efficiency and security with the official inauguration of a new four-lane in-gate facility at Onne Port, Rivers State, Nigeria. This development closely follows the establishment of a new on-terminal container freight station (CFS), reflecting WACT’s ongoing investment to position itself as the primary …

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Insecurity: Rail Passenger Traffic Drops By 49.73%

Passenger traffic on the Nigerian Railway Corporation-operated rail transport services dropped by a whopping 49.73 percent in the fourth quarter of 2023, as security challenges kept many commuters away. The National Bureau of Statistics (NBS) in its Rail Transportation Data for the fourth quarter (Q4) of 2023 indicated that the number of rail transport passengers …

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NRC grows revenue to N6 billion in 2023 from rail operations

The Nigerian Railway Corporation (NRC), made over N6 billion on train operations in 2023. This is even as it recorded a 32.08% decline in passenger traffic in the year, recording 2,182,388 passengers traffic, compared to the 3,212,948 recorded in the previous year. The specifics contained in the NBS report showed that the NRC generated N4,426,495,760 transporting 2,182,388 …

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