LAGOS – The Nigerian Railway Corporation (NRC) has earmarked the sum of N8,523,234,152 for the purchase of trains in the 2025 annual budget to the National Assembly. This is as the Federal Government appropriated the total sum of N39,180,078,449 to the corporation in the appropriation bill sent to the National Assembly for approval. The corporation did …
NRC Earmarks N8.5bn For Purchase Of Trains In 2025 Read More »
In a bid to boost Nigeria’s transportation system, the federal government is set to commence the Lagos-Abuja Super Highway/high-speed train project tentatively by February 2025. Yinka Idris, director of operations of AEC-Geofocus, a consortium of engineers, planners, and investors handling the project, disclosed this in a brief chat, noting that the project would cost $16 …
FG to boost transport system with Lagos-Abuja train project Read More »
The Federal Government has allocated N2.5 billion in the proposed N49.74 trillion 2025 budget for the procurement and installation of passenger boarding bridges at the Lagos airport. This funding is part of the N105.95 billion allocated to the Federal Ministry of Aviation and Aerospace Development, of which N93.03 billion was earmarked for capital expenditures. The …
2025 Budget: FG allocates N2.5 billion for passenger boarding bridges at Lagos airport Read More »
China Development Bank said that it has approved a loan of $254.76 million (€245 million) for the Kano-Kaduna railway project in Nigeria. According to information on the bank’s website, the funding is expected to provide crucial financial support for the ongoing development of the railway, ensuring the project proceeds without delays. The Kano-Kaduna railway is …
China Development Bank grants $254.76m facility for Kano-Kaduna railway project Read More »
From addressing passenger complaints to initiating sanctions on defaulting airlines to certifying Nigerian airports and tackling illegal charter operations in Nigeria, reforms being introduced by the Nigeria Civil Aviation Authority (NCAA) have continued to reshape the country’s aviation sector. It is no longer business as usual for airlines that delay and cancel flights for no …
How NCAA’s reforms are reshaping aviation industry Read More »
The federal government has assured Nigerians that a new national air carrier will soon commence operations. This announcement was made by the newly appointed Permanent Secretary of the Ministry of Aviation and Aerospace Development, Abubakar Kana, during a handover ceremony organized by the ministry. Kana emphasized that establishing a national air carrier is one of his …
FG reaffirms commitment to launch National Air Carrier, revamp airports Read More »
Nigerian Civil Aviation Authority (NCAA) has assured the citizens of the country of improved air safety following the enhancement of its safety surveillance systems. This assurance was given by Chris Najomo, acting director-general, during the annual New Year prayers held at the authority’s corporate headquarters in Abuja. The event, which marked the beginning of a …
Enhanced Surveillance Has Boosted Airspace Safety – NCAA Read More »
In the 2025 budget that was presented to the National Assembly, the Federal Government allocated N105,953,496,365 to the aviation sector. The budget included no financing for the Federal Airport Authority of Nigeria or the Nigeria Civil Aviation Authority. Compared to the 2024 total budget of N63,317,450,275, The Punch reported that the 2025 allocation represents an …
Oyo State Governor Seyi Makinde says one of his priorities this year for the state is the completion of the upgrade of Ibadan Airport to international standards. Makinde, who spoke yesterday, said although he had been getting much banter on the viability of the facility, efforts being put in place so far by his administration …
A cleric and philanthropist, Prophet Sam Olu-Alo, has urged Southwest Governors to collaborate with the newly formed Southwest Development Commission and invest in the construction of an interstate speed rail network to boost connectivity and economic growth of the region. The cleric, the Planter, Grace of Mercy Prayer Mountain Worldwide, stated that the transformative potential …
Invest in interstate speed rail for economic growth, Cleric urges Southwest Govs Read More »
