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 […]

Reconstruction of Apapa-Oshodi-Oworonshoki-Ojota Underway, Project to Cost N73 billion

The groundbreaking ceremony to begin the reconstruction of the 32-kilometre Apapa-Oshodi-Oworonshoki-Ojota in Lagos was performed yesterday by the Minister of Power, Works and Housing, Mr. Babatunde Fashola, on behalf of President Muhammadu Buhari. The reconstruction of the road’s Section 1, Sub-section A, will begin from the Olorogun Michael Ibru Boulevard (former Creek Road) end of […]

Warri airport owing N566.4m, NAMA insist

The resumption of flights at Osubi Airport in Warri, Delta State notwithstanding, the Nigerian Airspace Management Agency (NAMA) yesterday insisted that the operator owing N566.4 million. Though it confirmed a receipt of N31 million recently from Shoreline Oil Services, the agency, through its General Manager, Public Affairs, Khalid Emele, added that the payment was from […]

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 […]

VAT Removal from Airfares to Make Domestic Flight More Affordable – Buhari

President Muhammadu Buhari has said that the recent decision by the Federal Government to remove Value Added Tax (VAT) from domestic air transportation is to make air travel more affordable to citizens. The president said this when he inaugurated the new International Terminal of Port Harcourt Airport, Omagwa, Rivers, on Thursday. He said the removal […]

Nigeria Loses $6bn Freight Cost Yearly to Maritime Piracy

The federal government is losing $6 billion on freight cost yearly to piracy in Nigerian waters, the Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, has disclosed. Speaking in Lagos yesterday during the 2018 World Maritime Day celebration, Mustapha disclosed that the federal government plans to invest in maritime security and local […]

Specialists decry ‘poor’ response to Overland aircraft fire incident

Experts in the aviation industry have decried the response of Airport Rescue and Fire Fighting Services (ARFFS) team to a recent fire incident involving Overland Airways aircraft, describing it as poor and unbefitting of a modern airport. The incident, which was captured on video clips, showed poor response time by emergency handlers, inadequate water supply […]

Flights, Business Activities Resume At Lagos Airport

Flight operations and business activities on Friday resumed at the Murtala Muhammed Airport 2 (MMA2), Lagos, following the suspension of the industrial action against the terminal owners by aviation unions. The News Agency of Nigeria (NAN) reports that the unions had on Thursday night, called off their two-day industrial action against Bi-Courtney Aviation Services Limited […]

Air Peace resumes Asaba flight operations

Air Peace has resumed its Lagos-Asaba-Lagos operations with the addition of Abuja-Asaba-Abuja to the service, pledging to deliver the best flight experience to the travelling public on the routes. The airline pulled out of the route more than two years ago due to safety concerns with respect to the runway of the Asaba Airport.Air Peace […]

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