The Federal Government on Wednesday announced that General Electric, a global conglomerate emerged the preferred bidder for the narrow gauge railway concession in Nigeria as announced by The Federal Government on Wednesday 24th May, 2017. The letter of award was handed over to GE at the headquarters of the Federal Ministry
Year: 2017
The World’s Largest Transportation Companies
Forbes magazine has published its 2017 edition of top largest companies in the world and in the list are some of the global and regional brands in transportation. The FORBES Global 2000 is an annual ranking of the world’s largest, most powerful public companies, based on equally-weighted measures of revenue, profits,
Customs intercepts harmful cargo containing 440 pump action rifles at Tin Can Island Port
Nigerian Customs has reported the interception and seizure by the Tin Can Island Customs Command of harmful cargo in a 40 feet container laden with 440 pieces of pump action rifles following intelligence reports it obtained. The service said the container was immediately taken away by Customs even before declaration
East Africa considers Kenya’s Standard Gauge Railway to facilitate moving goods across Lake Victoria
Kenya and Uganda are considering putting up new ports to carry cargo across the lake after Rwanda pulled out from the Kenyan standard gauge railway in favour of Tanzania’s Central Corridor. According to Analysts, the pulling out from the Northern corridor could have just been the saving grace for the collapsed Lake Victoria transport system
Nigerian Customs cuts inspection hour, attains 75% automation
Nigerian Customs says it has cut down considerably inspection hours of imported items and papers processing at seaports and airports to ease business operations. This was confirmed by the Comptroller General of Customs, Col. Hameed Ali (Rtd) at a three-day first Extra-ordinary Meeting of African Union Sub-committee of Directors-General of Customs
UNIPORT Logistics, Transport Centre to be revitalized
Nigerian’s maritime administration and safety agency (NIMASA) is gearing to strengthen the University of Port Harcourt (UNIPORT) Centre for Logistics and Transport Studies (CELTS) to play a catalytic role expected of such institution in the society. Dakuku Peterside, The Director General of NIMASA spoke in Port Harcourt shortly after his inauguration
Medview B767 aircraft arrives for Hajj logistics
… NCAA to audit the airlines and meet EU over ban Medview Airline’s B767 aircraft returned from a comprehensive maintenance at Federal Aviation Administration (FAA), Nigerian Civil Aviation Authority (NCAA) and European Aviation Safety Agency (EASA) approved MRO facility on Tuesday night. The aircraft with registration 5N-BQN, which has a capacity of
Lagos shops for new investors for 4th Mainland Bridge project …U.S, European and South Korean investors indicate interest
Disappointed with the old contractors’ inability to meet the expectations of the state government on the 4th Mainland Bridge project, the Lagos State Government on Monday told journalists that it was shopping for new investors to execute it. The state’s Commissioner for Waterfront Developemnt, Mr Adebowale Akinsanya, Lagos said this at
Load Lifting Techniques
MedView owners to share N29.25m dividend, Caverton posts profit
Med-view Airline Plc has declared a dividend payout of N29.25m, representing three kobo per ordinary share to its shareholders from May 19, 2017. The decision was taken after the company’s shareholders approved the payout at its first Annual General Meeting held in Lagos. The shareholders also authorised the company to raise an