THE Nigerian Maritime sector is the second revenue earner for the government, after the oil and gas sector. As oil revenue continues to dwindle, it is natural for the country to turn to the maritime sector, to close the gap. But this may not be, because the sector is going through its own crisis, orchestrated […]
Following a fresh outbreak of the Ebola Virus Disease in Liberia, the Nigerian Civil Aviation Authority , NCAA says it has no plan to ban the country’s airlines from coming into Nigeria. According to Fan Ndubuoke, general manager for public affairs at NCAA, rather than banning the airlines, the various agencies have intensified necessary preventive measures […]
The Federal Government has said it plans to introduce hovercrafts and hover barges to Nigeria’s 10,000-kilometre waterways in a bid to boost water transportation. A hovercraft is a vehicle that employs a air cushion to travel over land, water, mud or ice and other surfaces. The acting Managing Director, National Inland Waterways Authority, Barrister Danladi […]
Although the foreign direct investments in fell by 8.4 per cent in 2014, capital investment in Africa surged to $128b, a year-on-year increase of 136 per cent, according to the 2015 Africa Attractiveness Survey. It also stated that the average investment increased to $174.5m per project, up from $67.8m in 2013. The Managing Director of […]