Reports of the imminent loss of Volkswagen’s worldwide sales crown are exaggerated, global data house JATO Dynamics suggests in its list of the top 10 global automakers. Volkswagen Group is firmly in the top position on this list, while Renault-Nissan and Toyota are neck-and-neck in the next two places. Also: “Peak
Year: 2017
Nigeria’s Aviation sector supports 650,800 jobs, contributes $8.2bn to GDP
The International Air Transport Association (IATA) has declared that Nigeria’s air transport sector has contributed $8.2 billion to the economy of the country while supporting over 650, 800 jobs. The aviation world body’s Regional Vice President for the Middle East and Africa, Muhammad Ali Albakri, who last week led a delegation
Why Domestic, International air travels are declining
According to an analysis of top 10 international airports in Africa by ForwardKeys, in the coming five months from August to December 2017, there will be 16 per cent fewer airline seats on domestic routes and 9 per cent fewer seats on international routes to and from Lagos. Domestic and international
How Nigerian Airlines Spend N50bn Yearly Overseas on Aircraft Maintenance
The low value of the naira according to a THISDAY newspaper report has increased the cost of overseas aircraft maintenance to over N50 billion annually, Nigerian airline operators have said. They noted that the cost would have been higher if many of the airlines did not shut down their operations in
Lagos-Badagry Expressway Project On Course
Nigeria, Lagos/Badagry Expressway expansion projects being handled by the Contractor, The China Civil Engineering and Construction Company (CCECC) through one of its official Mr. Izuchukwu Obioma assured Lagos residents that the project would be delivered on schedule. The contract for the rehabilitation of the Lagos/Badagry Expressway was awarded in 2009
UBER SUSPENDED IN THE PHILIPPINES
...... VIOLATED NEW DRIVERS REGISTRATION RULES Ride-Sharing Services App"Uber" has been suspended of its accreditation and operation for one month over its violation of a ban on new drivers in the Philippines. The Land Transportation Franchising and Regulatory Board (LTFRB) did not give a reason for its decision, which came amid regulatory
Ogun State Government Advised to build standard bus stops
Nigeria, Ogun State Government has been advised by the Federal Road Safety Commission (FRSC) to erect standard bus stops across the state to curb indiscriminate parking by operators of commercial Vehicles which causes traffic and at such resulting in delays in deliveries by delivery companies. The Sango-Ota Unit Commander of (FRSC) Mr. Adekunle Oguntoyinbo,
Nigeria’s bogus auto policy pushes car prices up 200%
Nigeria Government To commences expansion of Railway
The Federal Government Of Nigerian has started a $41bn railway expansion to reduce dependence on oil and diversify the economy. The contract for the repair of the Itapke-Ajaokuta-Warri rail link was approved By the Federal Executive Council of Nigeria The plan’s key projects include building a second railway line connecting the
Arik Air Migrates To Hitit’s Full Crane Solution
Arik Air has completed the migration of passenger service solution to Hitit’s crane solution suite becoming the airline eighth African airline to sign to the facility. A statement by its spokesman, Mr. Adebanji Ola, said that Hitit CS actively supports airlines’ operations in Nigeria, Tanzania, Tunisia and Namibia, having prioritised Africa