The Lagos State Governor, Babajide Sanwo-Olu stated that road construction and maintenance is 60% of the Sate’s capital expenditure every year, citing that fixing road infrastructure is important as the state has over 10,000 roads. The Governor disclosed this in an interview with Channels TV on Sunday evening. “Infrastructure in terms of roads is critical
The Federal Government has given a timeline for the completion of the Apapa-Oshodi-Ojota-Oworonsoki expressway project. The government said the reconstruction/rehabilitation of the expressway which was inaugurated by President Muhammadu Buhari in November 2018, to resolve the Apapa traffic gridlock, will be completed within 9 to 10 months. This disclosure was made by the Federal Controller
he recently appointed police chief in Nigeria Alkali Baba has ordered the “immediate disbandment” of the IGP Monitoring Satellite Offices in Lagos and Port Harcourt following complaints of harassment and operating beyond their briefs by Nigerians. Baba, the acting Inspector-General of Police gave the announcement on Thursday at his first meeting with Command Police Commissioners
The Nigerian Government has stated that the claim made by the Edo State Governor, Godwin Obaseki, that N60 billion was printed as top-up for the Federation Account Allocation Committee (FAAC) in the month of March is untrue. This was disclosed by the Minister of Finance, Zainab Ahmed, at the Federal Executive Council (FEC) meeting in
The Nigerian Ports Authority (NPA) has announced the suspension of the Electronic Call-up for trucks (ETO) for cargoes bound for the AP Moller Terminal (APMT) in Apapa. This follows the disruption of operations at the terminal which is a fallout of the dispute between members of the Maritime Workers Union and the management of AP
Nigerian Communication Commission (NCC) has issued NIN enrollment guidelines for foreigners living in Nigeria. According to NCC, all persons in Nigeria who use mobile networks are required to register their SIM cards and link them with the NIN database. This was disclosed by the commission via its Twitter handle on Thursday. It tweeted, “All persons
Nigerian property group, Persianas, will take over Shoprite’s operations in Nigeria after a bidding process was concluded. The company is reportedly arranging debt to finalise the deal. This was disclosed in an exclusive report by Reuters on Wednesday. According to the report, the deal was confirmed by banking sources. What the report says Persianas Properties emerged
The Federal Government has issued operating licences to about 8 barge operators to move containers from Lagos Ports to Onitsha River Port and other inland ports through the country’s inland waterways. This is as the government is likely to generate billions of naira in revenue with the planned movement of cargo from Lagos ports to Onitsha
Onyinye Charity Okolie is the CEO and Managing Director of Sell Port Nigeria Limited. Charity hails from Anambra State, where she was also born. She is a graduate of the University of Nigeria Nsukka (UNN), where she obtained a degree in Linguistics. In 2007 after her first degree, she went on to participate in the
Nigeria’s largest bank by assets, Access Bank revealed it spent a whopping N18.7 billion in IT and E-Business related initiatives in 2020. The figure is nearly double (92% higher) the N9.7 billion spent in 2019. The same expense line cost it N11.39 billion in 2018. The bank claims the expenses is in line with its