FG, CRCC to seal deal on development of Ibadan Dry Port scheme
Strong indication has emerged suggesting that the negotiation meeting between the Federal Government and CRCC, the preferred bidders for the construction of the Ibadan Inland Dry Port may be sealed very soon. Nigerian Shippers’ Council (NSC) the guarantor to the…
National Theatre: Are FG, CBN, NBC unaware of concessionaire before planning redevelopment?
Rewind to when the Central Bank of Nigeria (CBN) and the Nigerian Bankers Committee (NBC) unveiled their joint plan to revive the National Theatre at Iganmu, Lagos, with about N25bn at the 11th Bankers Committee retreat in Ogere, Ogun State,…
Ayade happy as FG issues business case certificate for deep seaport
Strong green light has emerged on the aspirations of the Cross River State Governor, Ben Ayade to develop a deep seaport in Calabar as soon as possible. This is coming on the backdrop of Monday’s issuance of a Business Case…
Seaports without rail link can’t drive economy—NPA MD
The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman has argued that no country or economy should contemplate establishing sea port without the complement of adequate Rail Transportation linkage. Speaking in her welcome address at the beginning of the…
N47bn for Nigeria Air in 2019 budget enough to attract investors—Expert
The fact that the Federal Government has given a human face to the nearly controversial national air carrier, Nigeria Air, by scaling appropriation for it from paltry N8.7bn to N47bn, will serve as a strong indication that the government is…
25 years idle Independence Building in Lagos’ll go for 20 years—ICRC
Considering the emerging change of economic development tactics by the President Muhammadu Buhari-led second term, attention will henceforth move from government powered economy to private sector-led. Key in the implementation of the new economic policy will be the concessioning of…
ICRC assures on takeoff of Enyimba City project from Q1 2019
All needed logistics are now set for the effective takeoff of construction activities from January at the proposed multibillion naira Enyimba Economic City (EEC), Aba in Abia State. This was made public by the Director General of the Infrastructure Concession…
Sack Sirika, recover funds used to deceive Nigerians’ on Nigeria Air, Nigerians roar
Since the announcement of the indefinite suspension of build up to the December 24 take off of Nigeria Air by the federal government after the weekly Federal Executive Council (FEC) meeting in Abuja, mixed reactions have been engulfed the scenario….
Investors’ cold feet frustrating FG’s $8.5m TTP in Enugu as NSC gets projects OBC
Contrary to the earlier announced speed of delivery, there are strong indications that paucity of funds and private investors’ cold-feet to buy in are delaying effective construction of Truck Transit Park (TTP) in Ogbulafor Enugu State, at an estimated cost…
Minister says new national airline won’t kill domestic airlines, mute on reasons
…Notes that a failure will become a threat to us The Minister of State for Aviation, Senator Hadi Sirika has assured that the emerging new national air carrier, billed to be unveiled at Farnborough International Public Airshow on July 18,…
