A total of 4,116 buses valued at N37 billion have been delivered to beneficiaries nationwide under the Federal Government’s Public Mass Transit Revolving Fund (PMTF) Scheme. Adekunle Oyinloye, Managing Director of The Infrastructure Bank, said this in a paper he presented at a workshop for chief executive officers of mass transit companies in Abuja. Oyinloye said the buses were released […]
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The Managing Director of the Katsina State Road Management Agency, Alhaji Abdul Mohammed, on Tuesday said that when he assumed duty in the agency last year, he discovered that over N14 bn belonging to the agency had either been stolen or was missing. He told the Katsina Commission of Inquiry probing the immediate past regime of former Governor Ibrahim Sheu […]
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The Lagos State Government has warned drivers of trucks and other articulated vehicles against speeding and harassing of other road users. The government said it would intensify the enforcement of the Lagos State Traffic Law 2012 to reduce accidents as the year ended. The Chief Executive Officer of the Lagos State Drivers Institute, Philip Ogunlade, spoke at a sensitisation organised […]
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The Federal Government says it has been saving a total of $4m (N1.22bn) daily in fuel import bill since May 12, this year when it stopped paying subsidy claims to importers. The Minister of Budget and National Planning, Senator Udo Udoma, who confirmed the figure, said the liberalisation policy in the oil sector had also led to a 30 per […]
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