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7 Reasons why a 70 per cent Fare Hike is Planned by Inter-state Transporters

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Image result for aptcon

In order to stay in business, private transport companies have said they may have to increase fares by as much as 70 percent.

Their reasons for this was disclosed at a stakeholders’ meeting in Lagos, put together by the Association of Private Transport Companies of Nigeria (APTCON).

They claimed that they are facing challenges which have greatly increased their cost of doing business and are threatening their ability to stay afloat.

They also said that the 70 percent increase is inevitable, beginning from the end of the third quarter if no immediate help or support comes from the government and its agencies.

Here are their reasons:

  1. High cost of maintaining their fleet,
  2. Poor state of roads,
  3. Inflation,
  4. Rising cost of funds,
  5. Double taxation,
  6. Unstable value of the Naira,
  7. Harassment and extortion by security operatives.

 

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National News

BREAKING: Sanwo-Olu Approves Full Reopening Of Lagos Markets

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Sanwo-Olu Extends Lagos Curfew By 72 hours
BREAKING: Sanwo-Olu Approves Full Reopening Of Lagos Markets

Babajide Sanwo-Olu

The Governor of Lagos State, Babajide Sanwo-Olu has announced the full reopening of all markets across the state to enhance trade and commerce and mitigate the hardship of recent times.

The statement was made available by the governor’s Senior Special Assistant on New Media, Gawat Jubril on Tuesday.

Also Read: Lekki Shooting: Anyone Found Culpable Would Be Held Accountable – Sanwo-Olu

The Governor in the statement noted that both food markets and non-food markets can reopen every day of the week.

Recall that the state government had regulated the opening of the markets to curb the spread of COVID-19 in the state.

In the statement on Tuesday, the Governor urged traders and their customers to strictly adhere to the COVID-19 protocols for their safety.

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#EndSARS Protests Politically Motivated – Kogi Governor

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#EndSARS Protests Politically Motivated – Kogi Governor

Yahaya Bello

Governor of Kogi State, Yahaya Bello has expressed that the nationwide #EndSARS protests across the country were politically motivated.

Bello made the statement when he featured on Sunrise Daily, a Channels Television programme, on Tuesday.

Bello said the protest was sponsored by politicians who are benefitting from the disruptions caused by the demonstrations across the country.

The governor said Nigerians do not need a soothsayer to tell them that the protests had a political undertone even after the government agreed to the demands of the agitators.

Also Read: Criminal minds threatening Army with travel ban: Buratai

“Dear Nigerians, let me tell you, what is happening today, this so-called #EndSARS is politically motivated,” he said.

“Whether anybody says it or not, I am saying it once again and you can quote me anywhere, anyday and I will prove it to you.

“Why will you demand five items and you and granted and you refuse to take it.. which struggle, agitation or uprising across the world has ever succeeded without leadership?.

“100 per cent, I agree (with the agitations of the protesters) but if you look at what is happening today, you will have no option than to classify it as politically motivated”.

According to him, it is a “ploy to set we the youths of this country against one another.”

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National News

Hoodlums Loot Abuja NYSC Office

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Hoodlums Loot Abuja NYSC Office
Hoodlums Loot Abuja NYSC Office

NYSC

The National Youth Service Corps, (NYSC) orientation camp in Kubwa, Abuja has been reportedly attacked by some hoodlums.

According to reports, the orientation camp was invaded in the early hour of Tuesday, October 27.

It was reported that the hoodlums upon arriving at the NYSC camp at about 9 am today, blocked the major roads, and ordered motorists to follow another route.

Also Read: Criminal minds threatening Army with travel ban: Buratai

According to reports, the hoodlums were seen with mattresses, plastic chairs, rice, groundnut oil, and other items walking around the camp.

Military and police officers have cordoned off the area and there have been shooting there. A military helicopter is reportedly hovering around the area.

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