Airports Concession, Others Will Go Ahead Despite Opposition – FG         Moves to concession Nigeria’s four major airports and the establishment of a national carrier are still on course and the results will materialise soon, the Federal Government said on Monday. The Minister of Aviation, Hadi Sirika,...

FG Signs Investment Promotion Pact With Morocco, Singapore       The Federal Government on Monday announced that it had signed an investment promotion agreement with Morocco and Singapore. It also stated that it was in talks with the World Bank to develop a strategic plan for trade and...

Discos Owe N416.94bn In Nine Months - NBET         Power distribution companies in the country failed to pay a total of N416.94bn for the electricity sold to them from January to September this year, the latest data from the Nigerian Bulk Electricity Trading Plc have shown. The...

Local Airlines Hike Fares To 100%         One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week. The spike, which operators blamed on an exchange rate that hit N500 to $1...

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers           The Federal Government has launched the transport support track under its MSME Survival Fund schemes for artisans and transporters. President’s spokesman, Laolu Akande, in a statement issued on Sunday, said the grant was in continuation of the...

FEC Okays N120.7bn For Roads, Patrol Vehicles, Others         The Federal Executive Council approved different contracts totalling about N120.7bn at its weekly meeting on Wednesday. The contracts included those of roads, application software for the Federal Mortgage Bank, operational vehicles for the Nigeria Immigration Service and irrigation...