He said the Ondo port would cost the private developers the sum of $1,480,465,253 and would be concessioned for a period of 50 years. The Federal Executive Council (FEC) has approved port development projects worth $4,713,841,477 in Delta, Ondo, and Lagos States. The News Agency of Nigeria (NAN) reports that the approval was given during …
FEC approves $4.7bn Ondo, Snake Island, Burutu ports development Read More »
Akeredolu says actualizing the port project is very important to the state government. Governor Oluwarotimi Akeredolu of Ondo State has described as cheering the Federal Government’s approval of the Ondo Deep Sea Port. The News Agency of Nigeria (NAN) reports that the Federal Executive Council, presided over by President Muhammadu Buhari, gave the approval for …
Akeredolu welcomes Buhari’s approval of Ondo Deep Sea Port Read More »
The Federal Airport Authority of Nigeria (FAAN), yesterday, said plans have been finalized with a private firm, Ala Resort Ltd., to establish the first aerotropolis in Nigeria and sub-Saharan Africa. General Manager, Business Development, FAAN Headquarters, Hycinth Ngwu, who disclosed this, said Akure Cargo Airport would be used for the project. He said the decision …
FAAN partners firm to transform Akure airport into aerotropolis Read More »
Sir: I wholeheartedly support the signing of the $15 billion Memorandum of Understanding (MoU) for Public Private Partnership (PPP) by the Niger Delta Development Commission (NDDC) and a US-based company, Atlanta Global Resources, to construct a rail link to all states in the oil-rich Niger Delta region. The Niger Delta region is made up of nine …
Touch and Pay Technologies, a fintech company, has announced that passengers can now pay for interstate travel from Lagos using a mobile app. According to the firm, using its Cowry app, passengers can now pay formal and informal interstate travel operators within the city. It explained that the interstate booking function on its app automates …
Fintech unveils contactless payment for public transportation Read More »
Oando Clean Energy Limited and Lagos State have announced that they have taken delivery of electric mass transit buses to kick off a sustainable road transport system in the state. According to Oando, this is in furtherance of a 2022 Memorandum of Understanding it signed with Lagos Metropolitan Area Transport Authority to enable the successful …
Oando, LAMATA take delivery of electric mass transit buses Read More »
Governor Sanwo-Olu noted that this is just the beginning of efforts to transform Lagos into an even smarter city, Lagos State Governor, Babajide Sanwo-Olu, has announced the first set of electric buses in the Lagos Mass Transit Master Plan as part of efforts to modernize every sector of Lagos. This move is aimed at providing …
Sanwo-Olu unveils first set of electric buses in Lagos Read More »
The state government is situating the project within a broader plan that will buck up the switch to renewables. Oando Clean Energy Limited (OECL), the renewable energy subsidiary of the oil and gas company, has received the first fleet of electric buses provided to improve the mass transportation system in Lagos. The energy provider said Wednesday …
Oando set to improve Lagos mass transit receives electric buses Read More »
As the continent continues to improve on connecting African countries through air flights, the secretary general of the African Civil Aviation Commission (AFCAC), Funke Adeyemi has said that the huge benefits of implementing the Single African Air Transport Market Project (SAATM) in the continent’s single transport market, will accelerate air connectivity across Africa. Adeyemi had …
Aviation: Towards Achieving Single African Air Transport Market Read More »
The Niger Delta Development Commission (NDDC), has disclosed that it signed a Memorandum of Understanding, MOU, with a United States-based firm, Atlanta Global Resources Inc (AGRI) to build a railway network that will connect the nine states of the Niger Delta region. This agreement was reached at the Public Private Partnerships (PPP) Summit which NDDC …
NDDC Signs Signs MOU With US Firm To Build Railway Network Read More »
