Saturday, September 22, 2018

Tag "rotimi amaechi"

    Amaechi: Abe conspiring with Wike to tarnish my image

Amaechi: Abe conspiring with Wike to tarnish my image

Rotimi Amaechi, minister of transportation, has alleged that Nyesom Wike, governor of Rivers state, and Magnus Abe, lawmaker representing Rivers south-east at the senate, are conspiring to disparage and defame him.In a statement on Friday, Amaechi, who governed Rivers between 2007 and 2015, alleged that the duo are plotting to use his former cabinet members to tell fake, concocted [...]

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    Magnus Abe: I want to be Rivers governor, nobody can deny me my right

Magnus Abe: I want to be Rivers governor, nobody can deny me my right

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    Rivers asks Amaechi to account for proceeds from sale of state’s assets

Rivers asks Amaechi to account for proceeds from sale of state’s assets

The Rivers government has asked Rotimi Amaechi, minister of transportation, to account for proceeds from the sale of $308 million gas turbine power stations formerly owned by the state.Amaechi was governor of Rivers from 2007 to 2015. The gas turbines were sold to Sahara Energy, a company owned by Tonye Cole, governorship aspirant of APC.In a statement on Monday, Emma [...]

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    Buhari challenges African countries to improve ports infrastructure

Buhari challenges African countries to improve ports infrastructure

President Muhammadu Buhari says Africa should take full advantage of maritime endowment within the continent as part of measures to strengthen economic development.The president said this during the opening ceremony of the first International Association For Ports and Harbours (IAPH) Africa regional conference hosted by the Nigerian Ports Authority (NPA) in Abuja, on Monday.He said nations in Africa are largely [...]

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    Amaechi to Abe: I’m not your leader, a hypocrite can’t be my follower

Amaechi to Abe: I’m not your leader, a hypocrite can’t be my follower

Rotimi Amaechi, minister of transportation, says he is not a leader to Magnus Abe, senator representing Rivers south-east.There has been a face-off between the two politicians in recent months, but last week, at the secretariat of the All Progressives Congress (APC), Abe described Amaechi as his leader.Reacting in a statement issued on Sunday, Amaechi said Abe is a devious character and [...]

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    FG negotiating $6bn loan from China for Ibadan-Kano rail

FG negotiating $6bn loan from China for Ibadan-Kano rail

Rotimi Amaechi, minister of transportation, says the federal government is negotiating a $6 billion loan with the Chinese government to complete the Ibadan to Kano rail track.Amaechi made this known on Tuesday in Abuja during a news conference on the overhaul of the transport sector since the inception of the current administration."We are currently in negotiation with the China EXIM [...]

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    Amaechi defends construction of N18bn Transportation University in Buhari’s hometown

Amaechi defends construction of N18bn Transportation University in Buhari’s hometown

Rotimi Amaechi, minister of transportation, has defended the planned construction of Transportation University in Daura, Katsina state, where President Muhammadu Buhari is from.The construction of the N18 billion project is scheduled to start in 2019.Addressing journalists in Abuja on Tuesday, Amaechi said there is nothing special about siting the university in the president’s hometown since "Daura is also part of [...]

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    Tonye Cole resigns from Sahara Energy to join politics

Tonye Cole resigns from Sahara Energy to join politics

Tonye Cole, an executive director of Sahara Group, has resigned from his position to join active politics.Cole, who co-founded the company in 1996, will be contesting for the gubernatorial seat in Rivers."The Board and management of The Sahara Group of Companies wish to inform the general public and other stakeholders that one of our co-founders and Executive Director, Mr Tonye [...]

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    Amaechi: It’s a fallacy! I never appointed governorship candidate for Rivers APC

Amaechi: It’s a fallacy! I never appointed governorship candidate for Rivers APC

Rotimi Amaechi, minister of transportation, says he never appointed a governorship candidate for the All Progressives Congress (APC) in Rivers state.Amaechi, a former governor, is the leader of the political party in Rivers.The minister was alleged to have endorsed Tonye Cole, co-founder of Sahara Energy, as the candidate of the party for the 2019 governorship election.But in a statement released [...]

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    Amaechi ‘not satisfied’ with work on Lagos-Ibadan railway

Amaechi ‘not satisfied’ with work on Lagos-Ibadan railway

Rotimi Amaechi, minister of transportation, says although work is progressing on the construction of the Lagos-Ibadan rail line, he is not satisfied.Amaechi said this on Monday when he inspected sections of the projects.The minister lamented that the rains have slowed down the project as it has hindered earthwork."We are progressing and you will agree with me that we are. We [...]

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    Amaechi: If Buhari contests election on a sick bed, Bauchi people will vote for him

Amaechi: If Buhari contests election on a sick bed, Bauchi people will vote for him

Rotimi Amaechi, minister of transportation, says some of the legislators who defected from the All Progressives Congress (APC) are from areas President Muhammadu Buhari would win comfortably.On Tuesday, 14 senators, including Isa Misau from Bauchi state, and 37 members of the house of representatives left the ruling party.Speaking with journalists after inspecting sections of the Itakpe-Warri rail line on Friday, [...]

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    Sanusi unhappy with Nigerian ministers for missing meeting with investors in Washington

Sanusi unhappy with Nigerian ministers for missing meeting with investors in Washington

Sanusi Lamido Sanusi, the emir of Kano, has expressed displeasure with the absence of government officials at a meeting with investors in Washington DC.Speaking to journalists at an investment programme organised by the Nigerian embassy, Sanusi said Nigeria might lose investors because of tardiness and lackadaisical attitude.The ministers who did not attend the event were Audu Ogbeh (agriculture), Ogbonnaya Onu [...]

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    Amaechi: We increased train fare because rich people use it more than the poor

Amaechi: We increased train fare because rich people use it more than the poor

Rotimi Amaechi, minister of transportation, says the train fares between Kaduna and Abuja were increased because a majority of those using the service are rich.Speaking on Thursday at the 3rd edition of the Kaduna Investment Summit, Amaechi said the intention of the president towards the railway was to transport poor people."Some of you have been asking why we increased the fare [...]

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    Amaechi asks Igbo to seek forgiveness for voting against Buhari in 2015

Amaechi asks Igbo to seek forgiveness for voting against Buhari in 2015

Rotimi Amaechi, minister of transportation, has asked the Igbo to support President Muhammadu Buhari's second term bid.But he says they should first “go for confession, seek forgiveness” and join the All Progressives Congress (APC) where they will have a chance of producing Buhari's successor.Amaechi said this on Wednesday while delivering a lecture on ‘The Igbo in the politics of Nigeria’ [...]

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    Amaechi: PH to Maiduguri rail line to cover 2,000km in six states

Amaechi: PH to Maiduguri rail line to cover 2,000km in six states

Rotimi Amaechi, minister of transportation, says the Port-Harcourt to Maiduguri rail line will cut across six states of Imo, Anambra, Ebonyi, Gombe, Adamawa and Yobe.Addressing journalists on Friday, the minister said the rail line will cover a total of 2,000 kilometres.In August, Amaechi said President Muhammadu Buhari approved the rail line alongside the ones of Kano to Daura, in Katsina [...]

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    PDP: Amaechi is an overwhelmed salesman of a rejected product

PDP: Amaechi is an overwhelmed salesman of a rejected product

The Peoples Democratic Party (PDP) has described Rotimi Amaechi, minister of transportation, as an "overwhelmed salesman of a rejected product".There are reports that President Muhammadu Buhari has appointed Amaechi as the director-general of his reelection campaign.Although Amaechi has not spoken about the appointment publicly, he told journalists on Thursday that corruption would return "automatically" if the All Progressives Congress (APC) did not win [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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