The Minister of Transportation, Mr. Chibuike Rotimi Amaechi, will in November inaugurate the ongoing Funtua Inland Dry Port project in Sokoto State. Also the French government has indicated its interest in collaborating with its Nigerian counterpart and therefore hinted that it will assist the government in form of financial assistance to the sector. The Executive Secretary/CEO Nigerian Shipper’s Council (NSC), Mr. Hassan Bello, made this known Thursday in Abuja during a meeting between the Council, Concessionaires for the Inland Dry Ports and the French Embassy. NSC ES, while highlighting the successes so far recorded by the Council stated that the federal government thought it necessary to bring shipping closer to the people by establishing ports in the hinterland. Hassan told the audien...
The Nigerian Railway Corporation (NRC) on Friday said its Internally Generated Revenue (IGR) as at Sept. 30 stood at N1.4billion as against N4.4billion projection for 2020. Mr Fidets Okhiria, Managing Director of NRC, in a statement said the sum of N245million was remitted to the TSA as at Oct.31. Okhiria said this at the 2021 Budget Defence to the Joint Committee of Land and Marine transport at the National Assembly in Abuja. He said that the Coronavirus (Covid-19) pandemic affected its operations as train services were stopped during its peak, thus affecting the IGR projection for the year. “The Joint Committee should also note that for the year 2020, the Corporation presented a separate Internally Generated Revenue & Expenditure Budget. “The sum of N1.4billion has been generated as ...
The Federal Government on Monday announced that it had received some coaches and locomotives to be deployed on key rail lines in Nigeria. It said the coaches were the last set which were ordered in March. It was also gathered that the locomotives and coaches, which arrived Nigeria from China, would be deployed once operations begin. The government disclosed this via a tweet by the Nigerian Railway Corporation through its official Twitter handle, which was also confirmed to our correspondent by the NRC’s spokesperson, Yakub Mahmood. The corporation said, “Some days ago, Nigeria took delivery of the last dozens of train coaches ordered in the month of March. “The coaches have been transported to Nigerian train base in Papalanto, Ogun State and will be used on the Lagos-Ibadan railway when op...
File Photo The Nigeria Customs Service, Oyo/Osun Area Command, has made a total seizure of 180 bales of second hand clothes from a train operated by the Nigerian Railway Corporation with a total Duty Paid Value of N13,252,311. The Area Controller, Oyo/Osun Command, Helen Uche-Ngozi, disclosed this during a press conference at the Command’s headquarters in Ibadan on Tuesday. Uche-Ngozi said, “During our anti-smuggling activities of March and April 2020, the Command made a seizure of 310 drums of 100 litres each and 180 kegs of 25 litres each of Premium Motor Spirit, otherwise called petrol, at different points and axis of the Command. “They will be auctioned and the proceeds will be remitted accordingly. We were also able to identify a petrol station carrying out illegal activities within i...