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Kano state government approves N2.5bn for procurement of mass transit buses


By Bosede Olufunmi
Kano, June 14, 2021 The Kano State Government has approved N2.5 billion for the purchase of Mass Transit Buses to ease the movement of people in the state.
Gov. Abdullahi Ganduje disclosed this on Monday in Kano during an interactive session with newsmen to mark Democracy Day.
According to him, “the purchase will be done through the Public Private Partnership (PPP). We have identified some routes which will be designated for the buses.”
Ganduje said that the government is trying to introduce the mass transit system in addition to a light rail project, for which it has signed an agreement with a private company for the construction. ....

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Ehingbeti: Expediting the transformation of Lagos


Ehingbeti: Expediting the transformation of Lagos
On
By Babajide Komolafe
Since 2000, Nigeria’s commercial capital and Africa’s sixth largest economy, Lagos State, has been going through landmark policy and infrastructural transformation   to a modern city.
Driving this transformation is the Lagos Economic Summit, a   private sector-led participatory forum, also known as ‘Ehingbeti’.
Notwithstanding the absence of Ehingbeti between 2015 and 2019, the significance of the Lagos Economic Summit is evident across the State.
Even though the private sector-led conversation continues with the 2021edition holding this week, implementation of some of the consensus reached at pre-2015 summits,   also demonstrated that Ehingbeti is an unending dialogue in the quest for socio-economic and infrastructural development in Lagos State. ....

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A Review of Nigeria's Oil and Gas Industry in 2020


By Solomon Asowata
The year 2020 has undoubtedly been one of the most difficult years for the oil and gas industry globally in the last few decades.
It saw the Coronavirus pandemic grip nations across the globe, necessitating countries and states to lock down their borders for some time, thereby preventing movement of persons, goods and services for months unless under special circumstances.
This restriction of movement affected many sectors of the economy, but one of the worst hit was the oil and gas industry which fuels mobility of mankind and businesses across the globe.
With a sharp drop in air and land movement, the demand for Jet A1 (Aviation fuel) , Diesel and Premium Motor Spirit (PMS) also known as petrol declined drastically. ....

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