Raw Materials' Export From Apapa Port Hits N52.4 Billion

The Apapa Command of the Nigeria Custom Service on Thursday said it generated the sum of N52.369 billion from the export of local raw materials in the last six months. It also said that imported cargo in the same period stood at N227.347 billion, despite the effect of the COVID-19 pandemic which affected global trade. […]

Amaechi Inspects Lagos-Ibadan Rail Project

Minister of Transportation, Mr Rotimi Amaechi, on Monday, embarked on routine tour/inspection of the Lagos-Ibadan rail project. Amaechi was accompanied on the inspection by the Oyo State Governor, Mr Seyi Makinde. The minister noted that a large chunk of the rail line was in Oyo State. The inspection kicked off from the Railway Mega Station […]

Ibadan-Kano Rail Project to Start in January 2020 - Govt

The Minister of Transportation, Rotimi Amaechi, yesterday said the Ibadan-Kano rail project might start in January 2020 as the Federal Government expected the China Exim Bank to approve the loan for the contract. Amaechi said this yesterday at the Presidential Villa, Abuja, while briefing journalists on the outcome of the cabinet meeting chaired by President […]

Progress On Lagos-Ibadan Standard Gauge Rail

The march towards the completion of the Lagos-Ibadan Standard Gauge Rail is gaining traction That the system rail is a viable alternative to the already overburdened road network, especially in Lagos where perennial traffic snarls are the order of the day, would be stating the obvious. Though the cost of building a rail is higher […]

Govt Currently Constructing 524 Roads, Bridges Nationwide - Fashola

The Minister of Works and Housing, Mr. Babatunde Fashola SAN, has revealed that the federal government is currently constructing a total of 524 road and bridge projects across the country. He disclosed this yesterday while updating the Federal Executive Council (FEC) on the ongoing road and bridge construction/rehabilitation projects nationwide. While stressing that that every […]

PDP Holds Buhari’s Administration Responsible for Canceled GE $2.8 billion rRailway Project

The Peoples Democratic Party (PDP) yesterday said  President Muhammadu Buhari administration has caused the country another huge economic setback following the withdrawal of General Electric (GE) from a $2.8 billion railway concession deal due to the harsh economic policies of his administration. The main opposition party said Buhari administration is the major economic challenge facing […]

FG Earned N1.16 Billion from Rail in 6 Months, Says NBS

Between January and June this year, the Federal Government generated a total amount of N1.16bn from the rail transportation system. The figure was contained in a report on the railway sector, which was prepared by the National Bureau of Statistics. The N1.16bn, according to the report, was generated from two main revenue sources. These were […]

Apapa-Wharf Road Ready in September, Says Nigerian Ports Authority

The Managing Director, Nigerian Ports Authority (NPA), Ms Hadiza Usman, has said that the 2km Apapa Wharf Road being reconstructed would be completed and opened to motorists by the end of next month. Usman made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos. Bala Usman said that the reconstruction […]

First Phase of Lagos Light Rail Operational in 2022

The Lagos State Government has signed a major agreement with an international railway systems aggregator and rolling stocks manufacturer, Alstom SA of France, on the operation of the state Rail Mass Transit. This is even as the Marina to Mile 2 section of the project known as the Blue Line Rail, will become operational in […]

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