Upon completion, the Federal Government will toll the Lagos-Ibadan Expressway, Abuja-Kano road and the second Niger Bridge to ensure maintenance and also to pay back loans used for them. Godwin Emefiele, governor, Central Bank of Nigeria (CBN), disclosed this on Wednesday at the end of the 12th edition of the Bankers’
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Dana Air on Friday said it has introduced N18,000 flash sales for passengers traveling from Asaba, Owerri and Enugu to Lagos in order to enable them to celebrate the yuletide season. The airline in a statement by Mr. Kinglsey Ezenwa, its Communication Manager said that the slashed fair would valid till
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K-Impex Airlines is set enter the industry as it prepares to commence scheduled passenger, cargo and charter operations across the country. Its Managing Director, Dr Abel Ozigi, will also operate local cargo targeting perishable and non-perishable goods. He noted that insecurity and decaying road infrastructure had made the transportation of goods and
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China Civil Engineering Construction Corporation, CCECC, weekend, said it has proven over time to be a reliable supporter in infrastructure upgrade and creation for the Nigerian economy, noting that in the last five years, it has delivered some four major railway projects after completion. It added that the delivered four major
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America may arguably be the most stabilised economy by many indices, but $6b-valued ride-hailing company, Bolt is not playing in the market and not planning to be there in the near future. Instead, Bolt finds favour in Nigeria and African market despite uncertainties and stories of harsh business environment and political
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The Bayelsa State government has offered reasons why it is embarking on construction of concrete roads across the Yenagoa metropolis. In a veiled response to criticisms that the state government is not performing, the Commissioner for Works and Infrastructure, Moses Teibowei in an interview after inspection of some road projects defended
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Nigerian flag carrier, Air Peace, recently marked its seventh anniversary in the local sector where startups rarely see the sixth birthday or more. Amid commendations for the feat, stakeholders say more carriers can also turn the corner by learning from the Air Peace model to emerge stronger and last decades.
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The Minister of Works and Housing, Mr Babatunde Fashola, on Wednesday, disclosed that Federal Government is currently undertaking a total of 854 highway contracts worth N7.430 trillion across the country through various intervention funding arrangements. These include; Highway projects financed through Presidential Infrastructure Development Fund PIDF) being managed by Nigerian Sovereign
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The federal executive council (FEC) has approved N621.2 billion for the Nigerian National Petroleum Corporation (NNPC) to take over the reconstruction of 21 federal roads across the six geopolitical zones of the country. Babatunde Fashola, minister of works and housing, disclosed after the FEC meeting presided by Vice-President Yemi Osinbajo on
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Although the infrastructure deficit in Nigeria is alarming generally, the state of the roads in the country is particularly shameful. Dilapidated and abandoned, the crater-infested federal roads litter every region of Nigeria. The situation has reached a point where we must find long-lasting solutions to the problem. The list of the
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