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Tag: Transportation

Transportation

Tinubu, govs move to cut transport fares nationwide

President Bola Tinubu on Thursday disclosed that state governors have resolved, on their own initiative, to reduce the cost of transportation nationwide. He said a joint federal-state committee would be established immediately to ensure that cheaper Compressed Natural Gas translates into lower transport fares for commuters from October 1, 2026. The disclosure was made in […]

Food

Insecurity, transport costs push Lagos ginger price to ₦46,000 — Report

Traders in Lagos have blamed insecurity in major producing communities, supply shortages, and rising transportation costs for the sharp increase in ginger prices, with a paint bucket now selling for as high as N46,000. The News Agency of Nigeria on Sunday, conducted interviews with market participants across Lagos, showing that reduced output from key producing […]

Conferences

Sterling Bank hosts summit to unlock Nigeria’s transport, logistics potential

Stakeholders including industry leaders, policymakers, financiers and innovators converged at the inaugural Nigeria Transport & Logistics Summit 2026 hosted by Sterling Bank at Eko Hotel & Suites in Lagos. The gathering charted a clear way forward towards improving Nigeria’s transport and logistics sector by proposing actionable strategies for building a faster, more connected nation through […]

News

Nigerian ride-hailing drivers launch SimpliRide to rival Bolt, Uber

A group of Nigerian ride-hailing drivers have launched SimpliRide, a locally developed app aiming to challenge industry heavyweights like Uber, Bolt, LagRide, and InDrive. Frustrated by high commissions, the drivers introduced a subscription-based model where they pay a flat daily fee of ₦500 ($0.33) instead of losing up to ₦15,000 ($10.03) monthly through commission deductions. […]

[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables
News

[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables

Following Multichoice’s recent announcement of a three-day technical downtime, concerns have been raised by telecommunication companies over potential connectivity disruptions as construction progresses on the 700km Lagos-Calabar Coastal Highway. While acknowledging the anticipated impact of the ongoing construction project on their uplink facilities, telecommunication firms emphasized the critical role of telecommunication services and the potential […]

FG to improve public transportation with electric vehicles
Transportation

FG to improve public transportation with electric vehicles

The Ministry of Transportation has revealed its plans to acquire a fleet of electric vehicles in an effort to improve transportation effectiveness and address growing concerns over fuel costs. The Punch reported that this change is anticipated to improve commuter convenience countrywide as well as cut carbon emissions. The recently sworn-in Minister of Transportation, Said […]

Engineers working on railway
Business

FEC approves N454bn for rail transport, others 

The Federal Executive Council on Wednesday approved a sum of N453.90bn for the purchase of rolling stock, operation, and maintenance equipment for the Kano-Maradi standard gauge rail line, which is presently being built. The Punch reported that the approved amount also includes N510.93m, which will be used to acquire four customised fire service and search […]

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