News
COVID-19: FG approved N10bn for transport sector, says Saraki
The Federal Government Has Approved The Injection Of N10 Billion Into The Transportation Sector To Cushion The Effect Of The Coronavirus Pandemic, The Minister Of State For Transportation, Senator Gbemisola Saraki Has Said.
The Minister stated this on Wednesday while playing host to a delegation of the Public Transport Owners of Nigeria Association, led by its President, Isaac Uhunwagbo.
Saraki told the delegation that the fund, which is intended to cushion the sufferings encountered by road transport workers and operators as a result of the COVID-19 pandemic, is domiciled with the Federal Ministry of Trade, Industry, and Investment.
She said the Federal Ministry of Transportation is already working on the modalities for its disbursement.
While noting that more than 90 per cent of Nigerians travel by road, the Minister added that the President Muhammadu Buhari-led government is devising strategies aimed at revamping the sector for the benefit of Nigerians.
Reacting to challenges operators face from state governments and other stakeholders, the Minister gave the assurance that she will discuss the issues through the National Transport Commissioners Forum, adding that talks are ongoing with the Federal Ministry of Works and Housing on the concessions of some routes, to increase revenue generation for the government.
In his response, Uhunwagho, said the visit was to keep the Minister abreast of the challenges confronting members of the association.
He also demanded COVID-19 financial palliatives for members of the association to prevent their businesses from folding up even as he noted that public transport owners felt the impact of the pandemic the most owing to the ban placed on interstate travel by the Federal Government to prevent the spread of the virus.
He further lamented that despite his association’s members being major investors in the transportation sector, “it is ironical that their companies are the prime target for state and local government authorities who impose taxes, levies, and other ridiculous conditions”.
-
Latest5 days agoPastor Chris Oyakhilome announces mother’s passing at 88 [VIDEO]
-
Latest6 days agoArsenal eye €70-80m move for Real Madrid star
-
Football3 days agoHow David Beckham made $51.1m from 2026 World Cup, surpassing winners’ prize
-
Crime6 days agoPolice arrest suspect, launch manhunt for 2 others over Delta Education Director’s death
-
Latest5 days agoHow adulterated palm oil, coloured pepper are putting consumers at risk
-
Crime5 days agoDeaths in NSCDC Custody: Can Nigeria guarantee the safety of detainees?
-
Latest6 days agoObi left $155m in Anambra, Otti insists amid debt controversy
-
Crime6 days ago184.5kg Cocaine Bust: NDLEA docks KC Luxury, two accomplices, remands them in custody


