Transport

FG to Increase Revenue from Maritime Industry

A significant opportunity exists for the Federal Government to increase its revenue generation in the Maritime industry and there are plans in the works to ensure this.

The Vice President, Yemi Osinbajo, has expressed the optimism about the potential of the International Cargo Tracking Note (ICTN) scheme to enhance government revenue being generated at the nation’s ports. The ICTN is a web-based technological tool that monitors cargo from port of loading to destination.

FG Revives 14 Automobile Assembly Plants

The Director-General of the National Automotive Design and Development Council (NADDC), Aminu Jalal, on Tuesday said 14 assembly plants, which existed before the automotive policy, had been revived.

Mr Jalal stated this in Lagos at a stakeholders meeting of the Committee on Implementation of the Nigerian Auto Policy.

He said the policy objective of bringing back the automobile assembly plants had been achieved.

Volkswagen Recalls 8.5 million Vehicles in Europe

Volkswagen's diesel emissions crisis will take a lot of fixing.

The automaker said Thursday it was recalling 8.5 million diesel vehicles in Europe, including 2.4 million in Germany. The cars are fitted with software that makes their engines produce far fewer toxic emissions in official tests than on the road.

"Remedial action on the vehicles will begin in January 2016 -- at no cost to our customers," Volkswagen said in a statement.

Air France Executives Chased from Jobs Talks

Photo: Human resources manager Xavier Broseta was escorted away after his jacket and shirt were torn off


Two Air France managers have had their shirts torn as they were forced to flee a meeting on job cuts by angry workers, BBC reports.

Human resources manager Xavier Broseta and senior official Pierre Plissonnier had to clamber over a fence, while several others were injured.

The men were taking part in talks about plans for 2,900 job losses when hundreds of workers stormed into Air France headquarters at Roissy.

Industrial Action: Aviation Unions Give NCAA 14-day Ultimatum

Trade unions in the aviation sector have given the Nigeria Civil Aviation Authority (NCAA) a 14-day ultimatum to promote their members who were due for promotion or risk industrial action.

The ultimatum was issued by the National Union of Air Transport Employees (NUATE) and Air Transport Senior Staff Services of Nigeria (ATSSSAN) at the weekend in Lagos.

The unions accused the NCAA management of nonchalance to the promotion of their members which they claimed had been due since January 2015.

Committee on Establishment of National Carrier Submits Report

The Ministerial Committee on Establishment of National Carrier has submitted its report to the Permanent Secretary, Federal Ministry of Aviation, Binta Bello on Friday in Abuja.

The Committee was inaugurated on Aug. 25 in Abuja, and was given four weeks to complete its assignment.

Mrs. Bello, after receiving the report, commended the Committee for keeping to the stipulated time and assured that the recommendations would be thoroughly studied and forwarded to the President.

FRSC Warns Against Use of Fog Lights

The Federal Road Safety Commission (FRSC) has warned drivers using fog lights especially at nights that they would be prosecuted.

Isah Seidu, an Assistant Corps Commander in Ijebu-Ode Unit, gave the warning in an interview with the News Agency of Nigeria at the weekend in Ago-Iwoye, Ogun State.

He was speaking on the sideline of a road safety enlightenment campaign organised for commercial drivers at the Olabisi Onabanjo University (OOU), Ago-Iwoye.

Mr. Seidu said that fog lights could cause accidents.

German Economy Can Weather Volkswagen Crisis –Minister

The emissions scandal engulfing Volkswagen will not harm the German economy if the carmaker deals with it promptly and comprehensively, Economy Minister Sigmar Gabriel said on Tuesday.

According to news agency reports, Gabriel played down the broader economic impact, provided the company tackled the scandal properly.

“It's up to the politicians to try to ensure that the jobs of the company's 600,000 global employees...are not at risk," Gabriel told reporters.

Volkswagen Emission Scandal Could Dent Car Prices

If you were planning to sell your diesel Jetta any time soon, you might want to hold off. Resale values are going to take a hit in the wake of the company's emission scandal; according to CNN’s report.

In a worst-case scenario, resale prices might decline 3% to 8%, said Eric Ibara, senior residual value analyst at price tracker KBB.com. But he's not sure that prices will be hurt even that much since there is no safety risk to owners.

Volkswagen Apologises for Emissions Scandal

Volkswagen's chief executive has said sorry after US regulators found some of its cars disguised pollution levels.

"I personally am deeply sorry that we have broken the trust of our customers and the public," Martin Winterkorn said.

He has launched an investigation into the device that allowed VW cars to emit less during tests than they would while driving normally.

The company's shares were down 19% in Frankfurt by lunchtime.

VW has stopped selling the relevant diesel models in the US, where diesel cars account for about a quarter of sales.

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