The Lagos State Government (LASG) on Wednesday introduced technological-driven device called: the Traffic Management Solution Device (TMS), aimed at ensuring that the residents comply with traffic law. Speaking at a news briefing in Ikeja, the Commissioner for Transportation, Dr Frederic Oladeinde, described the TMS as a traffic law compliance initiative. Oladeinde said that the TMS, …read more →
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FG Commits N78.96 billion on Aviation Infrastructure Development Roadmap in 2021
The Minister of Aviation, Senator Hadi Sirika has said that Nigeria would commit N78.96 billion on Aviation Infrastructure Development Roadmap in 2021 noting that the emphasis would be on the implementation of the Aviation Roadmap as approved by President Muhammad Buhari. Sirika who was responding to questions from the House of Representatives Committee on Aviation …read more →
Partial Closure of Third Mainland Bridge Begins Friday Midnight
The Federal Government on Tuesday announced the partial closure of the Third Mainland Bridge in Lagos for scheduled rehabilitation work that will last from July 2020 to January 2021. The bridge, considered the busiest in the country with a total traffic of 132, 702 vehicles per day, will be officially closed to road users by …read more →
NCC to Boost Digital Transformation of Nigeria with 6 fully-functional Tier- 4 Digital Industrial Complexes
The Nigerian Communications Commission NCC is currently constructing and equipping fully-functional Tier-4 Digital Industrial Complex (DIC) in each of the geo-political zones in Nigeria with four of the packs already underway in Abeokuta, Enugu, Maiduguri and Kano. According to the Executive Vice Chairman (EVC) of NCC, Mr. Umar Danbatta the North Central and South geo-political …read more →
FCMB Deepens Empowerment of SMEs in Ogun State, as First Lady Commends Bank
First City Monument Bank (FCMB) has restated its commitment to the productivity and profitability of Small and Medium Scale Enterprises (SMEs) through funding, capacity building, advisory and other forms of support that would boost their overall contributions to economic development. FCMB, which is rated as the number one Bank for SMEs in Nigeria in the …read more →
CBN Banks Others to Raise N1.5tn to Fund Infrastructure
The Central Bank of Nigeria (CBN) is coordinating commercial banks, pension funds and other financial institutions to raise N1.5trillion to fund road, power and port facilities through a special purpose vehicle in collaboration with the Federal Government and key development finance agencies. The Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, said this at …read more →
Makinde Appoints Adepoju Adviser on Infrastructure
Governor Seyi Makinde, has appointed Mr Simiyu Adekola James Adepoju, an engineer as his Special Adviser on Infrastructure, Moses Alao, the governor’s special assistant on Print Media said. The appointment, which took effect from 9 March, was conveyed through a letter signed by the Secretary to the State Government, Mrs Olubamiwo Adeosun. “Prior to his …read more →
Experts discover new approach to making airplane parts, without massive infrastructure
Engineers at the Massachusetts Institute of Technology have developed a method to produce aerospace-grade composites without the enormous ovens and pressure vessels. The technique may help to speed up the manufacturing of airplanes and other large, high-performance composite structures, such as blades for wind turbines. They discovered that Carbon nanotube film produces aerospace-grade composites with …read more →
OPEC Secretary-General Says Iraqi Oil Facilities Secure, Production Continuing
Iraqi oil facilities are secured and the country’s production is continuing, OPEC’s Secretary-General Mohammed Barkindo said on Wednesday. “It’s a big relief that the facilities continue to be secured in Iraq, the production is continuing and effective,” Barkindo said on the sidelines of a conference in Abu Dhabi, He said he was optimistic Iraq would …read more →
We will turn Lagos to technology hub as quickly as possible – LASRIC
The Lagos State Science Research and Innovation Council, (LASRIC) says it will deploy all means at its disposal to ensure that the desire of the state government in turning Lagos to a technology hub is realised as quickly as possible. The leader of the 16-member council, Prof. Oluwatoyin Ogundipe, disclosed this in an interview with …read more →