Truck Driver Kidnapped Following Refusal to Yield to Extortion

The Council of Maritime Truck Union and Associations (COMTUA) has alleged that thugs around Amuwo Odofin Local government Area of Lagos state have turned to kidnapping over failure of maritime truck drivers to yield to extortion demands. A letter written to the Commissioner of Police Lagos state, by the President of COMTUA, Mr, Adeyinka Aroyewun,…

Read More

Transportation Ministry Tasks Company on Local Content

The Permanent Secretary, Ministry of Transportation, Dr Magdalene Ajani, has urged the Lagos Deep Offshore Logistics Base (LADOL), to promote local content and youth employment. Ajani, in a statement said this was in furtherance of the Federal Government’s policy on job creation. She said this when she led a senior Management team to inspect the…

Read More

Nigerian Government Reduces Import Duty On pickup vehicles

The Federal Ministry of Finance, Budget and National Planning has approved implementation of the ECOWAS Common External Tariff (CET) 2022-2026 which provides for a slash in import duty of pickup vehicles to 10 per cent without payment of the controversial National Automotive Council (NAC) levy. The circular obtained dated April 8, 2022 signed by the…

Read More

Pay-As-You-Go Tractor Financing Launched In Nigeria

Heifer International and Hello Tractor have launched pay-as-you-go tractor financing for Nigerian farmers who find it impossible to get credit through normal channels. The two organisations inaugurated the initiative on Thursday, in Abuja with a pledge to generate agribusiness opportunities for young Nigerian entrepreneurs. Heifer is an international development organisation working to end hunger and…

Read More