Business Hilights

Tracking Nigeria's Headline Business News Online

Rotimi Amaechi

Between what Buhari said on Nigerian Airways prior to 2015 elections and current realities

Since the resumption of the current administration in May, 29, 2015, the government had been somersaulting policy direction in the repositioning of the aviation sub-sector. Shortly after appointing ministers six months into the administration, the Minister of Transportation, Mr. Rotimi…

Hearing in Akeredolu, Abraham suit begins today in Abuja

Legal crossfire between the Ondo State chapter of the All Progressives Congress (APC) governorship aspirant, Dr. Segun Abraham and Governor Rotimi Akeredolu (SAN) at the Federal High Court, Abuja. Though the incumbent governor was declared winner in the September 3,…

Nigeria may lose out from Abuja MoU over low shipping capacity, infrastructure

Ahead of new drive to harmonize port state control inspection procedures that will lead to the elimination of substandard shipping in the West and Central Africa sub-region, the Abuja Memorandum of Understanding (MoU) will host its 3rd Ministerial Conference and…

FEC’s approval for Israeli maritime security may deepen Executive, NASS rift

Indication emerged weekend revealing that contrary to the opposition of the National Assembly against the contracting of a foreign firm (an Israeli security company, HLSI Security Systems and Technologies ) to guard Nigerian volatile waterways,   the Federal Executive Council (FEC) has approved…

Minister silent on controversial Israeli security deal, assures secured maritime domain

The Minister of Transportation, Mr. Rotimi Amaechi has assured stakeholders in the maritime sector that the Federal Government will leave no stone unturned in actualizing its goal for a safer and more secured maritime domain in the Nigeria. Speaking at…

National carrier on shipping, airline may elude Nigeria, stakeholders warn

Stakeholders in both shipping and airline industries have called for more explanation from the Minister of Transportation, Rotimi Amaechi over recent comments made by the Minister of State for Aviation, Hadi Sirika, that Nigeria would soon have a full private…

NIMASA DG lied in saying he lacks powers to disburse CVFF, TMF—BH Intelligence

Details showing that the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Dakuku Peterside lied in claiming that he lacks powers to disburse the intact Cabotage Vessel Financing Fund (CVFF) are embedded in the Act establishing the…

Reconstruction of Jibowu, Costain-Ojuelegba bridges not in 2017, ’18 budgets

Just as both the Minister of Transportation, Rotimi Amaechi and Lagos State Governor, Akinwunmi Ambode on Tuesday agreed on the need to demolish two strategic flyovers, the Jibowu and Costain-Ojuelegba to pave way for the effective takeoff of the Lagos…

Two reasons emerge on why piracy may increase soon on Nigerian waters

Strong indications have emerged suggesting that two major strategic plans by the federal government to tame the intractable cases of piracy on Nigerian territorial waters are in serious danger, thus fueling the fear of more attacks. The first is the…

Breaking: Amaechi’s security details knock down Wike’s escort rider, cork guns

Contrary to some media reports that Rivers State Governor, Nyesom Wike escaped assassination today, Saturday, November 11, 2017, what can best be described as endless rivalry between the Minister of Transportation, Rotimi Amaechi and Governor of Rivers State played out…