Firms from the United Kingdom have revealed plans to invest over $1bn (about N305bn) in the transport sector of the Nigerian economy. The investments, expected to come on stream within 18 months, are aimed at improving the operations of Nigeria’s maritime, railway and aviation industries,...

The construction of a total of 195 kilometres of light rail projects will commence in three different locations in Ogun State in January next year, Governor Ibikunle Amosun has said. Amosun, who spoke in Lagos at a rail conference organised by Planet Project and Transport...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has inaugurated a committee to review the parameters for charging the three percent freight benchmark currently collected by the Agency saying that the vision of the Agency is to...

The Federal Executive Council has approved the release of a N30 billion intervention fund for mining sector development. The Minister of Mines and Steel, Kayode Fayemi, disclosed that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from...

The Federal Government of Nigeria has expressed its commitment to the implementation of the 1992 International Civil Liability Convention and the 1992 International Oil Pollution Compensation (IOPC) Fund. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside said this...

The Federal Government has reiterated Nigeria’s commitment to maritime security through the full implementation of the International Ship and Port Facility Security (ISPS) code. This commitment was made by the Transportation Minister, Rotimi Chibuike Amaechi when he led a delegation to the United States Coasts...