Ministry of Transportation

Dr Dakuku Peterside, Director-General, Nigeria Maritime Administration and Safety Agency (NIMASA), says corruption discourages investment and growth of the country.

Nigerian Shippers’ Council (NSC) is collaborating with agencies under the Ministry of Transportation to develop strategies to curb corruption in Nigeria and Africa.

The House of Representatives has resolved to investigate an alleged $195.5 million contract awarded to an Israeli security firm to secure Nigeria’s waterways by the Ministry of Transportation. This is a sequel to a unanimous adoption of a motion by Rep. Benjamin Kalu (APC-Abia) at the plenary on Thursday.

Lagos State government Thursday held a-one day seminar to train over 300 driving school instructors operating in the state towards enhancing best practices for drivers and reduce road traffic accidents.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, stated this on Wednesday after the Federal Executive Council meeting presided over by Vice President Yemi Osinbajo.

The Federal Government on Saturday said the newly commissioned Wagon Assembly Plant located at Kajola in Ifo Local Government Area of Ogun state would generate 5,000 direct and indirect jobs apart from driving local capacity in the railway modernization.

The Federal Executive Council (FEC) has approved the sum of N718.6 million for the supply of one mobile security scanner at the Lagos Port Complex.

The Federal Government on Wednesday dismissed calls that Arik Air be converted into a national carrier rather than establishing a new one.

The riders of a bike hailing company in Nigeria OPay have protested against the incessant harassment by the members of the National Union of Road Transport Workers in Lagos state.

The Lagos State government has embarked on a massive clampdown on illegal activities in various areas of the metropolis, arresting traffic offenders, street traders and miscreants in Oyingbo, Idumota and Apapa.

A joint session of the House of Representatives Committee on Inland Waterways, Land Transport, Ports and Harbours, and Marine Safety and Education, and the Senate Committee on Marine Transport have reportedly uncovered ‘nonexistent’ projects worth N4 billion in the 2020 budget proposal it received.

Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said under-recovery of premium motor spirit (PMS), popularly referred to as fuel subsidy, will gulp N450 billion in 2020.

The Federal Government has signed a $3.9bn contract with the China Railway Construction Corporation Limited for the construction of a new Abuja-Baru-Itakpe-Lokoja rail line.

Office of the Auditor-General for Local Governments in Lagos State has concluded plans to embark on state-wide project inspection exercise in all the 20 Local Government Areas, LGAs and 37 Local Council Development Areas, LCDAs.

The Cross River Debt Review and Development Commission has revealed that the proposed Bakassi Deep Seaport to sighted in State, will cost between $1.7 billion and $2 billion.

Former President of Small and Medium Enterprise Group (SMEG) of the Lagos Chamber of Commerce and Industry (LCCI), Mr Jon Tudy Kachukwu, has said faullted six months export proceeds repatriation policy of the Central Bank of Nigeria (CBN).

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, has stated that the terminal B in Rivers port operated by BUA Ports and Terminals Limited was decommissioned because the terminal operator reneged on the concession agreement signed between it and the Federal Government.

President Muhammadu Buhari on Monday gave the clearest indication of his support for the Bakassi Deep Seaport Project of the Cross River State Government with the issuance of Outline Business Case certificate for the project by the Federal Government.