Tag: TRANSPORT

“Transport fares becoming unaffordable”, FCT residents cry out

Aminu Imam
FCT residents on transport

Many residents of the Federal Capital Territory (FCT) have decried increased transport fares, which have limited their movement around the city centre. Some of the residents who spoke to newsmen, said that one of the greatest challenges they encountered was the non-availability of fuel despite its increased cost. According to them, fuel is not readily available at many filling stations, leading to artificial scarcity and panic, thus increasing the cost of transportation. They reiterated their appeal to the Federal Government and other authorities to urgently intervene, sayibg Nigerians were suffering…

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Subsidy removal pushes transport industry into recession

Aminu Imam

Nigeria’s transport and storage industry shrank for the second time in the third quarter of 2023, entering a recession for the first time in 30 months, largely on the back of petrol subsidy removal, according to a published analysis. The latest Gross Domestic Product (GDP) report by the National Bureau of Statistics (NBS) showed that the sector in real terms contracted by 35.9% in Q3, when compared to a negative growth of 50.6% in the previous quarter. A breakdown of the NBS report revealed that four of the six sub-activities…

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Pilgrims Welfare: Saudi priorities transportation, health, technology

Abdul-Azeez Ahmed Kadir

By; Aisha Muhammad Ahmed, Makkah, Saudi Arabia is no doubt modernising as a means of easily accommodating and making life comfortable for millions of pilgrims who annually embark on lesser hajj and pilgrimage.  To achieve this, it is also utilising and prioritising technology in transportation and health. One of the major challenges that pilgrims face during annual hajj operations is traffic as you have a million to two plus simultaneously performing same rituals withing Makkah especially and moving from one point of ritual to another. The Saudi authorities are putting…

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RTEAN begs Lagos governor to reopen Lagos office

Aminu Imam

The national leadership of the Road Transport Employers’ Association of Nigeria, (RTEAN), has made a passionate appeal to the Lagos State Governor, Babajide Sanwo-Olu, to reopen its Lagos office, following the crisis in two out of the over 320 chapels of the association. Recall that Sanwo-Olu had reportedly sealed the state office, suspended the entire Lagos state branch of RTEAN and appointed a 35-member caretaker committee to run the affairs of the branch, shortly after the isolated incidents in two chapels. Speaking with newsmen on Saturday in Abuja, the Deputy…

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Transport Ministry to tackle rail insecurity with technology, community-policing

Aminu Imam

The Federal Government is to deploy modern technology and rapid response by relevant security agencies in tackling rail insecurity. The Minister of Transportation, Mu’azu Sambo, who made this known when he visited the United Nation (UN)’s Deputy Secretary-General, Amina Mohammed, at the UN’s Headquarters complex in New York, USA, said the decision was reached after studying several submissions and recommendations presented to him on tackling the menace. The Minister is a lead speaker on ‘Financing Nigeria’s Power and Transport Infrastructure’ at the Nigerian International Economic Partnership forum, at St. Regis…

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Conspiracy of Silence: Reps. summon NPA Boss, terminal operators over $753m, N1.61bn debts

Aminu Imam

The House of Representatives Public Accounts Committee (PAC), has summoned the Managing Director of the Nigeria Ports Authority (NPA), and 18 terminal operators to appear before it and explain why the sum of $753million and 1.61 billion was not paid to the coffers of the Federal Government. The summon followed the Committee’s deliberation on audit queries raised against the parties by the office of the Auditor-General to the Federation (AuGF) over the indebtedness of about 18 terminal operators doing business in the nation’s ports to the FG. According to the…

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Seafarers BOT Chairman, Ramalan congratulates new Ministers of Transportation

Aminu Imam

 Aminu Imam The Chairman, Board of Trustees National Seafarers Welfare Board, (NSWBN), Alhaji (Dr.) Ahmed Tijjani Ramalan, has felicitated with the new Minister of Transportation, Engr. Mu’azu Jaji Sambo, and the Minister of State for Transportation, Mr. Ademola Adewole Adegoroye, on their appointments by President Muhammadu Buhari. In a statement issued at the weekend, the Chairman of NSWBN, Alhaji Ramalan expressed confidence in the ability of the new Ministers to fulfill the vision of President Buhari for the maritime sector. Ramalan said that Sambo’s previous rich work experience in the…

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N50 Train Ticket Insurance Charge: Kidnapped train passengers not insured against terror attacks – NRC officials

Aminu Imam

The Abuja-Kaduna bound train that was bombed by terrorists in Kaduna State on March 28, as well as passengers who boarded the train were all insured but not against terror attacks, senior officials of the Federal Government have stated. It was learnt that N50 was paid as a premium to two indigenous insurance companies on every train ticket purchased by passengers who boarded the Abuja-Kaduna train. This came as family members of the abducted passengers stated that the kidnappers had refused to speak with the relatives of those abducted with…

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Thousands of imported vehicles trapped at seaports over VIN valuation

Aminu Imam

Clearing agents have raised the alarm that several vehicles have been trapped at the Port and Terminal Multiservice Limited (PTML) due to the Vehicle Identification Number (VIN) valuation policy introduced on all imported vehicles by the Federal Government. The agents, under the aegis of the Association of Nigerian Licensed Customs Agents (ANLCA), called for the cancellation of the policy saying the situation is not helping the nation’s economy as it lacks predictability and is not able to drive revenue. Speaking to maritime journalists at the weekend, the ANLCA Vice President,…

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FG shops for N5.9tr loan to deliver multiple rail projects over China delays

Aminu Imam

With a protracted delay from China in opening up funds for Nigeria, the federal government is turning to the British market where it expects to raise $14.4 billion (about N5.993 trillion) at least for multiple rail projects. Already, reports said the Standard Chartered Bank has agreed to offer a $3.02 billion (N1,256tr) loan to fund rail projects. There are indications that such a move could cut the exposure of the country to Chinese loans. Recall that Amaechi told Bloomberg, in June last year, that Nigeria is seeking $14.4bn loans for…

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