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Updated weekly. For daily updates check our LinkedIn page

WACT acquires 15 new rubber- tyred gantry cranes

24/2/2021

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The West Africa Container Terminal (WACT), Onne, has acquired 15 new Kone Rubber Tyred Gantry Cranes (RTGs) to enhance service delivery at its terminal in Onne Port, Rivers State. The first batch of six RTGs has arrived at WACT, Onne.  The Commercial Manager of WACT, Mr. Noah Sheriff, who confirmed this in a statement issued by the company on Monday, said the concessionaire had commenced training operators of the highly technical cranes, which are the first in Nigeria’s eastern ports.
 
“We expect to deploy this first set of RTGs into operations in May 2021. Awareness campaign with the trucking community is also ongoing,” he said.
 
Sheriff said the deployment of the six new cranes “is the start of WACT’s transformation from the use of Reach Stackers to RTGs in the terminal, which will immediately increase our current import yard capacity…
 
More details through:
https://www.sunnewsonline.com/wact-acquires-15-new-rubber-tyred-gantry-cranes/
​
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MMCC, Port of Antwerp to construct $2.9bn Escravos Seaport Industrial Complex

8/2/2021

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Mercury Maritime Concession Company Limited (MMCC) and Port of Antwerp are collaborating to build the proposed $2.9 billion Escravos Seaport Industrial Complex (ESIC), to boost economic and national development of the nation, particularly, Delta State.
 
Speaking at a briefing in Lagos at the Sailing Club exhibition race 2021, the Chairman of MMCC, Rear Admiral Andrews Okoja (rtd), said that the Escravos seaport, which would be on 20,000 hectares of land, comprises deep seaport, international airport, Free Trade Zone, crude oil refinery and gas complex, an estate and recreational components.
 
He stated: “When we got our provisional approval, one of the first things we are supposed to do is to put together a team of consultant financiers and partners. And one of the partners that played a major role in the seaport complex project is the Escravos Seaport project, actually it is a deep seaport project…
 
More details through:
https://www.sunnewsonline.com/mmcc-port-of-antwerp-to-construct-2-9bn-escravos-seaport-industrial-complex/
​
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Water Transportation: Britain Demonstrates Hovercraft In Lagos

5/2/2021

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Recognising the urgency to tackle climate change by quickly reducing Carbon Dioxide emissions, the British Deputy High Commissioner, Ben Llewellyn-Jones and the General Manager, Lagos State Waterways Authority (LASWA) Mr. Oluwadamilola Emmanuel, have witnessed the demonstration of a hovercraft in Lagos on Friday.
 
Hovercraft, an amphibious boat-like vehicle that travels over water, sand and grass, can enhance waterways transportation system and help to reduce the chaotic Lagos traffic. Griffon Hoverwork, a UK hovercraft design and manufacturing company, carried out the demonstration on Friday in Lagos, as part of the UK Government’s effort to enhance the waterways transportation system of the Lagos State Government…
 
More details through:
https://dailytrust.com/water-transportation-britain-demonstrates-hovercraft-in-lagos
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Lagos BRT Goes Cashless With Cowry Card

2/2/2021

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The Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA), Abimbola Akinajo has disclosed that fare collection on bus services offered by Primero Transport Services Limited, will from February 1, 2021 henceforth be through the use of the State Travel card known as Cowry Card.
 
Akinajo in a statement signed by the Assistant Director, Corporate Communication, Mr. Kolwole Ojelabi noted that Primero Transport Services Limited, operators of the Ikorodu to TBS Bus Rapid Transit (BRT) will commence use of cowry cards…
 
More details through:
https://dailytrust.com/lagos-brt-goes-cashless-with-cowry-card
​
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FG to pay $182.4m counterpart funding for six railway projects

25/1/2021

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The Federal Government is to partly fund six rail projects connecting virtually all regions of the country with a counterpart funding of $182.4m (N71.15bn) this year.
 
Also, N15.1bn will be spent on the development of safety and security critical projects, airport certification, runway construction, terminal building, among others in the aviation sector in 2021.
 
A report on selected projects in the 2021 budget obtained by our correspondent from the Federal Ministry of Finance, Budget and National Planning in Abuja showed that in the rail sector, the government had mapped out six projects that it would partly fund this year…
 
More details through:
https://punchng.com/fg-to-pay-n71bn-counterpart-funding-for-six-railway-projects/
​
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Private Firm To Manage Abuja-Kaduna E-Ticket For 10yrs

21/1/2021

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A private firm, SecureID, has the concession to manage the Abuja-Kaduna e-ticketing platform for 10 years and recoup up to N900 million before handing over to the Nigeria Railway Corporation (NCR).
 
The Minister of Transportation, Mr. Rotimi Amaechi disclosed this on Wednesday during the official launch of the e-ticketing platform held virtually.
 
The minister said the online ticketing which marks the beginning of automation of ticket sales in all major stations in Abuja- Kaduna train service is in line with global world best practices and will enhance efficiency, save time, promote accountability, reduce ticket racketeering, reduce leakage and promote economic growth…
 
More details through:
https://dailytrust.com/private-firm-to-manage-abuja-kaduna-e-ticket-for-10yrs
​
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Portugal's Moto-Engil to build Nigeria-Niger rail line – minister

11/1/2021

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Portugal’s largest builder Mota-Engil has won the contract to build a railway line between Nigeria and neighbouring Niger, Nigeria’s Transportation Minister Rotimi Amaechi said on Monday.
 
The contract, which will link the northern Nigerian city of Kano with Niger’s Maradi, is expected to be worth nearly $2 billion, according to a budget approved by Nigeria’s Federal Executive Council last year. “Today, we signed the contract documents for the commencement of the Kano-Maradi, Kano-Dutse railway project,” Amaechi wrote in a tweet…
 
More details through:
https://www.reuters.com/article/idUSL8N2JM54L
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FG grants Edo dry port provisional licence

6/1/2021

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THE Federal Ministry of Transportation has granted the AMES-Edo Inland Dry Port, IDP, a provisional licence as port of origin and destination, giving the operator and management full power to commence engagement with investors.
 
Promoter of the Edo IDP project, Atlantique Marine & Engineering Services Ltd, AMES, who disclosed this said the licence was jointly and formally issued to the state government by officials of the Federal Ministry of Transport and the Nigerian Shippers’ Council during an official visit to the Edo State Government, recently…
 
More details through:
https://www.vanguardngr.com/2021/01/fg-grants-edo-dry-port-provisional-licence/
​
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‘FG fixes roads connecting Nigeria, African countries’

25/11/2020

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The Federal Government is currently working on roads connecting Nigeria to other nations of Africa as part of measures to boost Nigeria’s competitiveness in the African Continental Free Trade Area market.
 
Minister of Works and Housing, Babatunde Fashola, said this at the ongoing virtual workshop organised by the National Action Committee on the AfCFTA with focus on ‘Nigeria – the Transportation Hub for Africa.’
 
Fashola, who was represented by the Director, Highway Planning, Federal Ministry of Works and Housing, Chukwunwike Uzo, said the ongoing work on the roads was part of the Federal Government’s efforts at improving road infrastructure…
 
More details through:
https://punchng.com/fg-fixes-roads-connecting-nigeria-african-countries/
​
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FEC approves $256.768m for road contracts

5/11/2020

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The Federal Government on Wednesday approved contracts for construction of new roads and augmentation of existing roads contracts worth $256.768 million (N97.572 billion) across Nigeria. Minister of works and housing, Babatunde Fashola, while briefing State House correspondents after the 22nd virtual Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari in Abuja…
 
More details through:
https://businessday.ng/exclusives/article/fec-approves-n97-572bn-for-road-contracts/
​
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