Presidential Jet Up For Sale, Soludo Visit IVM Plant, Opebi-Mende-Ojota Bridge 65% Completed, FX Rate For Cargo Clearance Now N951/$, News In The Past Week

Soludo visit IVM plant, Presidential Jet up for sale, FG raises exchange rate for cargo clearance to N951/$, Opebi-Mende-Ojota link bridge 65% completed, news in the past week.

Nigerian Air Force Put Up ‘Dassault Falcon 900B’ Presidential Aircraft For Sale, Calls For Bidders

The Nigerian Air Force (NAF) has put up the Dassault Falcon 900B aircraft for sale, following the approval of the Federal Government to sell the aircraft, which is a part of the presidential air fleet.

Details about the sale, including how bids can be submitted and the specifications of the aircraft, was shared on the X page (formerly Twitter) of the Nigerian Air Force on Monday, December 04, 2023.

“The Federal Government of Nigeria has approved the sale of Falcon 900B aircraft owned by the Nigerian Air Force (NAF).

According to NAF, the 16-passenger aircraft on sale has had just one owner since it entered into service on October 3rd 1990. A wide range of private owners, businesses and small airlines operate Falcon 900s.

Gov Soludo Of Anambra Visits Innoson Factory, Urges Nigerians To Embrace Local Brands

Anambra State Governor Chukwuma Soludo has emphasized the importance of promoting local brands as a crucial strategy for economic growth, job creation, and the development of Nigeria as a whole.

Soludo made the emphasis during his visit to Innoson Vehicle Manufacturing (IVM) manufacturing plant in Nnewi, where he urged Nigerians to reduce their dependency on foreign products and embrace indigenous brands.

Soludo is one of two State Governor’s in Nigeria that uses Innoson-branded IVM G80 SUV as official vehicle, a promise he made during his Governorship campaign.

“I made a proclamation during my campaign that if elected as your Governor, I would make Innoson vehicles my official mode of transportation. Today, I reaffirm that commitment. I am prepared to serve as the Chief Marketing Officer for any indigenous manufacturer.”

Opebi-Mende-Ojota Link Bridge 65% Completed, Will Be Ready In Q2 Of 2024, Says Sanwo-Olu

Lagos State Governor, Mr. Babajide Sanwo-Olu on Tuesday said the Opebi-Mende-Ojota link bridge and other arterial roads connecting the link bridge will be ready for commuters by the Second Quarter of 2024.

Governor Sanwo-Olu made this known while speaking with journalists at the Odo Iya Alaro area of the state on Tuesday, after an inspection tour of the Opebi- Mende- Ojota link bridge.

Sanwo-Olu, who was accompanied by his Deputy, Dr. Obafemi Hamzat during the inspection tour, further revealed that the project conceived over a year ago is currently at about 65 percent competition stage.

When completed, Sanwo-Olu said that the link Bridge would not only provide an alternative route, but would also ease traffic congestion in the axis and would bring about economic development to the state.

FG Raises Exchange Rate For Cargo Clearance To N951/$ As Importers Abandon Thousands Of Tokunbo Cars At Seaport

The Federal Government, through the Central Bank of Nigeria (CBN), has again raised the exchange rate for cargo clearance from N783/$ to N952/$, which represents a 17.8 per cent increase.

The latest increase is coming barely three weeks after the exchange rate for cargo clearance was raised from N757/$ to N783/$, representing a 3.3 per cent increase.

Recall that the Nigeria Customs Service (NCS) had lamented the abandonment of thousands of imported fairly used vehicles (Tokunbo) at the Seaport by importers due to the rise in foreign exchange rates.

The Customs area controller, Tin Can Island Command, Compt. Dera Nnadi, stated this in September when members of the Association of Nigerian Licenced Customs Agents (ANLCA) paid him a courtesy visit.

Nnadi stated that the number of vehicles throughput had continued to dwindle from 32,000 vehicles in 2018 to as low as 6,000 in 2022 and a mere 4,000 units in 2023.

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