• Senate probes Amaechi over $2bn rail concession

    Senate probes Amaechi over $2bn rail concession

    According to reports, the Senate has resolved to probe the country’s Ministry of Transport headed by Rotimi Amaechi over the procedure leading to concession of Port Harcourt-Maiduguri and Lagos-Kano rail lines to General Electric, GE, a U.S. conglomerate.

    Amaechi had in an interview with CNBC in June announced Nigeria’s engagement with GE regarding the concession of Western and Eastern rail lines – Lagos to Kano and Port Harcourt to Maiduguri respectively – worth around $2 billion.

    “GE is already in; we are […]

  • Lagos to Kick out Danfo Buses, Takes Delivery of $14.6m Light Rail Coaches

    Lagos to Kick out Danfo Buses, Takes Delivery of $14.6m Light Rail Coaches

    The Lagos state government, on Friday revealed plans to phase out the 14-seater commercial buses popularly referred to as ‘Danfos’ and other rickety buses over concerns for the safety of the buses plying roads in the state.

    Lagos state commissioner for transportation, Dr Dayo Mobereola made this known while addressing newsmen at the 2016 ministerial press briefing in commemoration of the first year in office of the state governor, Akinwunmi Ambode, in Alausa, Ikeja. Mr. Mobereola said that plans have been […]