General

Transportation costs skyrocketing in Nigeria as petrol, and diesel prices rise 222%, 25% in 1 year

A recent report by Nigeria’s National Bureau of Statistics (NBS) has revealed an alarming escalation in transportation costs attributed to soaring fuel prices, painting a dire picture for commuters nationwide. In the wake of President Bola Tinubu’s withdrawal of federal subsidies on petrol in May 2023, Nigeria witnessed an unprecedented surge in fuel prices, significantly …

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NITT Partners with Soft Alliance Enterprise Solutions, Lagos

NITT has signed an MoU with Soft Alliance Enterprise Solutions Limited, Lagos, on the implementation of traffic management solutions and associated consultancy services, which include; transport databank, real-time tracking and monitoring of vehicles and traffic violations, and Automatic Number Plate Recognition (ANPR) technology, among others. Speaking at the signing ceremony which took place at NITT’s …

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FCT to roll out buses, taxis, ban ‘Keke’ – Wike

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has noted that new buses and taxis will soon be rolled out for public transportation in Abuja. The former Rivers State governor who spoke on Tuesday when he met with estate developers in Abuja, said the public transportation scheme will address the incidences of “one chance” …

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UK Group to Train 150 Kwara Women in Digital Technology

United Kingdom-based organization, Global Feminism in Solidarity and Action (UK), in partnership with a digital initiative organization in Nigeria, has commenced the orientation programs for 150 Kwara state women as part of efforts to equip them with 21st-century digital skills for self-reliance. The orientation programmes according to the organisers for the affected beneficiaries would take …

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French Minister Applauds Lagos-France Partnership In Revolutionising Urban Transportation

France’s Minister for Foreign Trade, Economic Attractiveness, and French Nationals Abroad, Olivier Becht, has expressed satisfaction with the level of support France is giving to the Lagos State Government in its effort to tackle urban transportation challenges through the new inland waterways transport initiative, ‘OMI EKO’. Becht, who stated this on Thursday, during a session …

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Ibom Air Takes Delivery of First New Airbus 220 Plane

Former Governor of Akwa Ibom State and founder of Ibom Air, Mr. Udom Emmanuel was among those present at the weekend, when the state made history in Nigeria’s aviation industry with the delivery of the first of its 10-brand new Airbus A220-300 series airplanes. Emmanuel was with top management staff of the airline on Friday …

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BREAKING: NCAA Suspends United Nigeria Airlines’ Wet-Leased Aircraft

The Nigeria Civil Aviation Authority (NCAA) has suspended all the wet-leased aircraft under the United Nigeria Airlines (UNA). This comes a few hours after one of the aircraft of United Nigeria Airlines (UNA) diverted to Asaba International Airport on Sunday rather than the Nnamdi Azikiwe International Airport (NAIA). According to a source close to the …

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Customs Lists Initiatives To Enhance AfCFTA In Nigerian Port

The Nigeria Customs Service (NCS) says port decongestion and transformation of Nigeria into Africa’s most efficient trading nation will enhance the African Continental Free Trade Agreement (AfCFTA) in the port. The Controller General of Customs (CGC), Comptroller Adewale Adeniyi, said this at the 43rd Annual Council Meeting and 18th Roundtable of Managing Directors/Exhibition of the …

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Blue economy to generate $20bn annually, creates 2m jobs – Oyetola

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has said that the ministry is pursuing its goal of generating 20 billion dollars annually. Oyetola also said that his ministry was working toward creating two million jobs on a yearly basis through strategic development within the sector. A statement by the Media Aide to …

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Importers, Freight Forwarders Count Billion-Naira Losses As Two-Day Strike Paralyzes Maritime Sector

Importers and freight forwarders are currently grappling with staggering monumental losses following last week’s two-day strike orchestrated by the Nigeria Labour Congress (NLC), which also affected the ports. Our correspondent confirmed that the paralysis caused by the strike has sent shockwaves through the industry, as freight forwarders, importers including transporters have incurred losses running into …

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