The current economic downturn being witnessed in Nigeria and the rising inflation figure is taking another dimension in the road transport sector, as players said their operations cost increased to a record high of more than 80 per cent in recent time. The players, under the aegis of Association of Private Transport Company Owners of Nigeria (APTCON), said in Lagos […]
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Private transport companies in the country plan to increase fares by as much as 70% to enable them stay in business. The transporters stated this, recently, at a stakeholders’ meeting in Lagos that was organised by the Association of Private Transport Companies of Nigeria (APTCON). In a communique, they resolved that “As a means of survival, to increase transport fares […]
Continue reading »The Minister of Transportation, Mr. Rotimi Amaechi, on Thursday said federal government had fixed the cost of travelling on the newly completed Abuja to Kaduna rail lines at N500 per passenger per trip on the economy class. Answering journalists questions after the final inspection of the project which is due for inauguration by President Muhammadu Buhari next week in Abuja, […]
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