Minister of Works Engineer Dave Umahi has approved the review of existing guidelines for private sector participation in Nigeria’s road infrastructure development under the Highway Development Management Initiative (HDMI). n a statement signed by the Special Adviser on media to the works minister, Orji Uchenna Orji, the review aims to strengthen the concession policy for…
The Delta State Government has approved N230 billion worth of projects across different sectors in line with Governor Sheriff Oborevwori’s continued commitment to infrastructure development and wellbeing of Deltans. The approvals were disclosed by the State Commissioner for Works (Rural Roads) and Public Information, Mr. Charles Aniagwu, shortly after the State Executive Council meeting on…
Why Peter Obi should heed my advice, by OkpebholoFederal Capital Territory (FCT) Minister Nyesom Wike yesterday inaugurated 100 buses belonging to the New Edo Line Transport Company revived by Governor Monday Okpebholo. The state-owned transport firm was founded in 1968 and was grounded in 2010. In 2017, its workers were relocated to the state Ministry…
The House of Representatives Committee on Petroleum Resources (Downstream) has launched a comprehensive investigation into several critical issues affecting Nigeria’s downstream oil sector,. The investigation will cover, among others, the controversial Turn Around Maintenance (TAM) of the country’s refineries, the acquisition of OVH Energy, and the mounting concerns over market dominance by the Dangote Refinery….
Aliko Dangote, President/Chief Executive of Dangote Industries Limited, said Africa loses an estimated $90 billion annually to the importation of refined petroleum products due to its inadequate domestic refining capacity. Speaking at the West African Refined Fuel Conference in Abuja on Tuesday, Dangote warned that the continent’s reliance on fuel imports not only bleeds its…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a profit after tax of N905 billion for June 2025, according to its Monthly Financial and Operations Report. The report showed that crude oil and condensate production stood at 1.68 million barrels per day for the month, slightly below the May peak of 1.73 million…
The Lagos Metropolitan Area Transport Authority has reaffirmed its commitment to fairness by pledging equitable compensation to residents affected by the ongoing Quality Bus Corridors and Multimodal Transport Interchange Project. In partnership with Agence Française de Développement, LAMATA is disbursing compensation to landlords and tenants affected by the project. At the Surulere Local Government Office…
The Oyo State Government subsidised transport fare for 5,880,000 passengers under the Sustainable Action for Economic Recovery between January and July 2025. This was disclosed by the Chairman/Sole Administrator of the Pacesetter Transport Services, Ibrahim Dikko, on Monday. Speaking with newsmen at the Governor’s Office, Secretariat, Agodi in Ibadan, Dikko, in a statement by the…
The Nigerian Content Development and Monitoring Board (NCDMB) has formally launched the Centre for Marine and Offshore Technology Development (CMOTD). The centre, established under a Public-Private Partnership (PPP) initiative, aims to promote the growth and adoption of marine and offshore technologies, research, and training in the Nigerian Oil and Gas Industry Content Development (NOGICD) Act….
OLORUNDARE ENIMOLA, Lagos In a bid to consolidate on earlier directives banning trucks from turning the Ojuore-Ilogbo Road into a parking bay by logistic trucks servicing the manufacturing companies bestriding the road; the Ogun State Traffic Management and Enforcement Agency, TRACE has reiterated the ban on trucks from indiscriminate on the road shoulders. The Agency…
