OSHODI-APAPA EXPRESSWAY GRIDLOCK: LAGOS GIVES TANKER/TRUCK DRIVERS 48 HOURS TO RELOCATE

Following persistent traffic gridlock in Apapa area which has spilled over into some parts of the state, the Lagos State Government, yesterday, issued a 48-hour ultimatum to tanker drivers parked within 300 meters of fuel depots in the state to relocate to safe parking lots pending the availability of petroleum products Hundreds of tankers had suddenly emerged on the Eko […]

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N500,000.00 REWARD ADVERTORIAL AND ITS AFTERMATH: DANGOTE TRANSPORT WORKERS CRY OUT!

Transport workers of Dangote Group of Industries have made a passionate plea to the management to improve their working conditions to make life better for them. The drivers were reacting to a recent advertorial in some national daily newspapers where the management of Dangote Industries Limited offered to pay N500,000 as reward to anybody with useful information that could lead […]

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COUNTING THE EXTREME COSTS OF APAPA GRIDLOCK: FEDERAL GOVERNMENT GETS A 30-DAY ULTIMATUM

Naturally and for a long time now, Apapa traffic has always been a basket case. However, the experience within that axis in the past few weeks could best be described as ‘hell on earth’. The protracted traffic gridlock especially around the port area has been somewhat of a nightmare- a nightmare that has taken extreme toll on all relevant stakeholders […]

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COUNTERPARTY CONTRACT & TREASURY MANAGEMENT: YEAR-END CONCERNS FOR HAULAGE BUSINESS

Most corporate haulage firms render non-exclusive services to 2 or more FMCGs or other categories of major haulage services users. These relationship or partnership are premised on some terms and conditions legally crafted in the form of contractual agreements. Since those contracts are renewable every 2 or 3 years and in some cases 5years, it makes a lot of sense […]

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INSURANCE AND TRACKING: YEAR-END CONCERNS FOR HAULAGE BUSINESS

Your GIT (Goods-in-transit) and Comprehensive Insurance are probably expiring at about now. How responsive was your Underwriter or Insurance Company during the year? What about claims payment- how much of what you deserve to get was knocked off on the basis of some independent assessor’s re-computation and extant clauses? What was the response time to claims payment? How many accidents […]

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