The Nigerian Shippers Council (NSC) is collaborating with the Nigerian National Petroleum Corporation (NNPC), NEXIM Bank and other investors to build world-class Truck Transit Park ( TTP) in Ogun State to boost the economy and generate more revenue for the government. Executive Secretary of the old truck park in Ogere, along Lagos/Ibadan Expressway
Author: Casandra Aniemeke
Lagos State Government Seals N85bn bond to boost Int’l Airport Road project
The reconstruction of the degraded Murtala Muhammed International Airport road is to commence in a matter of weeks, as Lagos State on Monday, sealed an N85.14 billion bond issuance at the Nigerian capital market, putting it on a sound financial footing to deepen investment in infrastructure development. Other projects likely
Cargo freighting In Nigeria Increases by 10%
Freighting of agricultural and perishable cargoes and other non-consumable products at the nation’s international airports has increased by 10 per cent, Nigerian Aviation Handling Company (NAHCO) Chief Commercial Officer Seyi Adewale has said. He said the air freight of such cargoes increased from about two per cent to 12.5 per cent
Transport infrastructure driving boost in Africa’s cross border trade
Nigeria, Minister for Transport Sacks Train Station Manager, Ticket Seller
Nigerian, Minister for Transportation, Mr. Rotimi Amaechi has ordered the removal of Station Managers, Ticket Sellers and Porters at Idu and Rigasa train station.The affected people are allegedly responsible for extorting money from passengers in Business Class. Passengers have in the last six weeks complained of extortion by Porters whose role
Road Traffic Offenders in Lagos to Pay Fine Electronically
Lagos state government is set to test run its electronic central billing system for road traffic offences. The electronic platform will make it possible to generate bills and fines on traffic offences online and deliver such to offenders either at homes or offices, as obtained in some advanced economies. The Lagos state
Nigeria, Minster for Industry,Trade and Investment Charges Government Agencies
Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has charged the government agencies to obey Federal Government’s Presidential Executive Orders on ease of doing business. According to him, This will bring about ease in trade facilitation and also boost investor confidence in the country’s trade. The minister, who disclosed this during
Nigeria Ports Authority MD emerges VP of International Association of Ports and Harbours
The Managing Director of the Nigerian Ports Authority (NPA), Mrs. Hadiza Bala Usman has emerged vice-president (Africa Region) of the International Association of Ports and Harbors. It is a global trade association for seaports based in Tokyo Japan and non-governmental organisation which represents the interest of ports across the world. Bala
Nigeria Ports loses more revenue on vehicles import to Cotonou ports
The Ban of Importation Of second-hand cars by the Federal government Of Nigeria through neighbouring countries may remain a mirage, as importers appear to have taken solace in the range of incentives offered by the Port of Cotonou in the Benin Republic. Recently, The Port of Cotonou slashed its transit
Uber, Visa Signs Partnership for Electronic Payments
Uber and Visa have agreed to a multi-year strategic agreement that aims to grow digital commerce across Africa. The partnership leverages both technology platforms to encourage the use of electronic payments among consumers across the continent. Under the agreement, Visa will work with its financial institution partners to set up debit
