Transport Transportation

NADDC tasks motorcycle manufacturers to deepen local content, boost economy

DailyTimesNGR DailyTimesNGR 19 April 2025 0

By Temitope Adebayo The National Automotive Design and Development Council (NADDC) has called on the Motorcycle Manufacturers Association of Nigeria (MOMAN) to increase the level of local content in the manufacturing of motorcycles and tricycles in the country. According to NADDC, increasing

Transportation

How engine size shapes vehicle speed and fuel economy

DailyTimesNGR DailyTimesNGR 19 April 2025 0

By Temitope Adebayo The automotive world is constantly evolving, with innovation driving improvements in performance, safety, and efficiency. However, one constant factor remains pivotal in determining how a vehicle performs on the road—its engine capacity. Also known as engine displacement, this specification significantly impacts a car’s overall performance and fuel

Transportation

Mercedes-Benz sells 529 vehicles in Q1 2025

DailyTimesNGR DailyTimesNGR 12 April 2025 0

BY TEMITOPE ADEBAYO Mercedes-Benz Group AG reported strong performance in the first quarter of 2025, selling a total of 529,200 cars and vans globally. The company navigated a dynamic market environment ahead of the highly anticipated launch of the all-new CLA model. Mercedes-Benz Cars Division The group’s passenger car division sold 446,300 vehicles in Q1, […]

Transportation

Nigeria’s Automotive Industry: A key engine of economic growth

DailyTimesNGR DailyTimesNGR 12 April 2025 0

BY TEMITOPE ADEBAYO Nigeria’s automotive industry has evolved over the past century from colonial-era luxury to a vital economic driver. With over 14 million registered vehicles, the sector supports mobility, commerce, and logistics across the country, while also reflecting infrastructure gaps and opportunities for sustainable growth. From Colonial Cars to Indigenous

Transportation

IATA: African airlines record 6.7% y-o-y increase in demand

DailyTimesNGR DailyTimesNGR 9 April 2025 0

BY CHUKWUEMEKE IWELUNMO The International Air Transport Association (IATA) released data for February 2025 global passenger demand for all the regions of the world. According to the statistics, African airlines saw a 6.7% year-on-year increase in demand. Capacity was up 4.0% year-on-year. The load factor rose to 75.3% (+2.0 ppt compared to February 2024). “While […]

Transportation

NRC, SEDC strengthen partnership for South-East rail revitalisation

Ihesiulo Grace 5 April 2025 0

BY TEMITOPE ADEBAYO The Managing Director and CEO of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, has highlighted the crucial role of the South-East Development Commission (SEDC) in the federal government’s vision to rehabilitate, expand and optimize the country’s railway infrastructure. He made this known on Wednesday during a working visit by the leadership

Maritime

CVFF: NCDMB grants 10 local shipping firms access to $360m intervention fund

DailyTimesNGR DailyTimesNGR 2 April 2025 0

BY TEMITOPE ADEBAYO The Executive Secretary/CEO, Nigerian Content Development and Monitoring Board, (NCDMB) Mr Felix Ogbe, has given opportunities to 10 local shipping firms to access its $360million domiciled at the Bank of Industry, BOI for single digit. This is unlike the controversial Cabotage Vessel Finance Fund (CVFF) domiciled under the Nigerian Maritime

Maritime

As Africa embarks on a sustainable path to maritime decarbonization

DailyTimesNGR DailyTimesNGR 19 March 2025 0

By Dooyum Naadzenga The maritime sector across Africa is making significant strides toward decarbonization, aimed at reducing global warming and fostering a sustainable future. According to the Association of African Maritime Administrations, “this transition promises numerous benefits, including the potential to limit global temperature rise to 1.5 degrees

Maritime

Shipping agencies urge tax reduction to halt cargo diversion

DailyTimesNGR DailyTimesNGR 16 March 2025 0

BY TEMITOPE ADEBAYO The Shipping Agencies, Clearing and Forwarding Employers Association (SACFEA) has called on the federal government to reduce port charges and operating costs to prevent the continued diversion of cargo from Nigeria’s seaports to neighbouring countries. SACFEA Chairman, Boma Alabi, warned that Nigeria’s high port charges have made its

Maritime

NIMASA strengthens local participation, boosts investment in maritime sector  

DailyTimesNGR DailyTimesNGR 6 March 2025 0

BY TEMITOPE ADEBAYO The Nigerian Maritime Administration and Safety Agency (NIMASA) has affirmed that it is taking strategic steps to enhance local participation and encourage investment in the maritime sector under the supervision of the Ministry of Marine and Blue Economy. The Director General of NIMASA, Dr. Dayo Mobereola, who disclosed this recently while receiving

Maritime

Reps Committee to NPA: Intensify action against revenue leakages

DailyTimesNGR DailyTimesNGR 5 March 2025 0

BY TEMITOPE ADEBAYO The House of Representatives sub-committee on public assets has urged the Nigerian Ports Authority (NPA), to intensify efforts to block all revenue leakages in all its facilities. The chairman of the committee, Rep. Uche Harris Annie-Okonkwo (LP-Anambra), made the call on recently in Abuja during a private meeting with the management of […]

Maritime

Shippers’ Council steps in to prevent truck owners’ strike

DailyTimesNGR DailyTimesNGR 26 February 2025 0

BY TEMTOPE ADEBAYO The Nigerian Shippers’ Council has moved to stave off the planned strike by the coalition of truck owners and maritime workers meant to protest the alleged extortion by the agents of the Lagos government on Lagos roads. The planned action, which was slated to commence soon, would have resulted to disruption of […]

Maritime

WACT-APM terminals to support diversification of nation’s revenue

DailyTimesNGR DailyTimesNGR 26 February 2025 0

BY TEMTOPE ADEBAYO West Africa Container Terminal (WACT)-APM Terminals Nigeria, has been honoured with the Special Economic Zones Industry Pacesetter Award by the Nigerian Economic Zone Association (NEZA). The operator, however, reiterated the company’s dedication to investing in Nigeria’s economy and supporting government efforts to diversify the nation’s revenue base

Maritime

Customs seizes 2,433kg of cannabis, codeine syrups in Lagos waterways

DailyTimesNGR DailyTimesNGR 26 February 2025 0

BY TEMTOPE ADEBAYO The Western Marine Command of the Nigeria Customs Service (NCS) on Wednesday, intercepted 2,433kg of Cannabis Sativa and 195 bottles of 300ml Codeine syrups also on Inland Waterways in the South-Western part of the country. Speaking in Lagos during the handing-over of the Cannabis and the cough syrup to the Marine Unit […]

Maritime

NIMASA strengthens collaboration with NCDMB to empower indigenous maritime players

DailyTimesNGR DailyTimesNGR 26 February 2025 0

BY TEMTOPE ADEBAYO The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to fostering a level playing field and creating an enabling environment for businesses in Nigeria’s maritime sector. The Director General of NIMASA, Dr. Dayo Mobereola, made this known while receiving the Executive Members of the Nigerian Merchant Navy Officers

Transportation

NCIS Clears Air On Cooperative Motor Vehicle Third Party Insurance used cars

DailyTimesNGR DailyTimesNGR 19 February 2025 0

By Nsikak Ekpenyong The National Cooperative Insurance of Nigeria (NCIS) has urged its members to go about their lawful businesses, using their authentic NCIS motor third party insurance. Briefing newsmen in Abuja on Wednesday, Adetokunbo Adesanya, a director at the NCIS, called on motorists to refer, police, VIO and Road safety to the necessary NCIS […]

Transportation

Railway unions pledge support for new NRC MD, Opeifa

DailyTimesNGR DailyTimesNGR 5 February 2025 0

BY TEMITOPE ADEBAYO The two labour unions of the Nigerian Railway Corporation (NRC), has agreed to cancel all strike action, and to partner with the new managing director, Dr Kayode Opeifa management in achieving the mandate of President Bola Tinubu for the rail sector. Opeifa who disclosed this yesterday said the labour leaders passed the […]

Transportation

FRSC Marshal vows safer roads, better services in 2025

DailyTimesNGR DailyTimesNGR 3 January 2025 0

The Corps Marshal of the Federal Road Safety Corps (FRSC), Malam Shehu Mohammed, has pledged enhanced service delivery and a renewed focus on road safety in 2025. In his New Year message delivered in Abuja, Mohammed commended FRSC staff for their dedication, which contributed to notable achievements in 2024. He assured that the agency would […]

Transportation

FG retains free train services nationwide during festive period

DailyTimesNGR DailyTimesNGR 27 December 2024 0

BY TEMITOPE ADEBAYO The Federal Government has announced that train services across Nigeria will remain free throughout the festive season, ensuring affordable and convenient travel for citizens. The Minister of Transportation, Sen. Saidu Ahmed Alkali, disclosed this in Abuja, stating that the initiative will run until 5 January 2025. Speaking about the ongoing travel

Transportation

Carloha Offered Tiggo 8, As A Hole-in-one Prize

DailyTimesNGR DailyTimesNGR 1 November 2024 0

Carloha recently celebrated a thrilling day of sportsmanship and excellence at the NAPE Charity Golf Tournament held at the prestigious IBB International Golf & Country Club in Abuja on October 26, 2024. In collaboration with NAPE (Nigerian Association of Petroleum Explorationists), Carloha proudly offered a Chery Tiggo 8 Pro as the coveted hole-in-one prize. This […]