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Business News

Lagos Bus Service records 10 million passengers in 10 months

The Lagos Bus Service Limited (LBSL) reportedly transported 10 million passengers in 10 months of its operations in Lagos State.

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Lagos Bus Service records 10 million passengers in 10 months, to compete with PlentyWaka, OBus

The Lagos Bus Service Limited (LBSL) has reportedly transported 10 million passengers in 10 months of its operations in Lagos State. Managing Director/Chief Executive, LBSL, Idowu Oguntona, disclosed during the company’s celebration of the milestone at its bus terminus.

Oguntona also reiterated LBSL’s commitment in aiding to reduce the number of cars on Lagos roads during business hours.

Lagos Bus Service records 10 million passengers in 10 months, to compete with PlentyWaka, OBus

Oguntona said, “As part of our efforts to facilitate intermodal transportation in Lagos State, we collaborate with LAGFERRY to ensure seamless movement of people, and we are ready to work with other sister organisations to ensure that the Sanwo-Olu administration’s blueprint for the transport sector is realised.

“The Greater Lagos we envisage with Governor Babajide Sanwo-Olu is a smart city where a resident can get of home, ride on our bus, get on a ferry link a train and still return home in a bus, all in a day’s journey. It is no longer a dream without a date. It is now a realisable goal in our life time.”

[READ MORE: Crowdyvest launches PlentyWaka to compete with Uber and OBus)

In a statement sent to Nairametrics, Oguntona further disclosed that the company had been growing organically, tripling its fleet from 50 buses in May 2019 to 150 high capacity buses by December 2019.

Additional 65 high capacity buses were deployed and seven new major routes opened in February for the use of commuters affected by the restriction order placed on motorcycles and tricycles in some parts of Lagos.

Oguntona also stated that LBSL transports 80, 000 passengers daily on its 15 routes and as such, has been able to achieve the significant feat of effectively transporting 10 million passengers in 10 months since 2019 while creating jobs for hundreds of people.

He also disclosed that plans were underway to introduce more high capacity and mini-buses into the company’s fleet to serve more commuters across the state.

“LBSL is a key player in the Traffic Management & Transportation; Health and Environment component of the THEMES agenda of Governor Babajide Sanwo-Olu. We have created jobs for over 700 Lagosians, with about 87 per cent of the staff being bus captains, operations staff and technical staff.

“We have also empowered Lagosians for employment through our driving school that successfully produced 1,969 certified high capacity bus drivers in 2019,” he added.

 

Speaking against the backdrop of the recent confirmed cases of COVID-19 in the State and the need for relevant organizations to embrace precautionary measures, Oguntona disclosed that the company is putting in place, necessary measures to minimize exposure to the virus on the buses.

“As we speak now, the use of sanitizers in all our stations is now compulsory. This is in addition to provision of Thermometer already deployed across our stations to check passenger’s Temperature before they board our buses, to contain the spread of this virus and ensure that users of LBSL are safe and protected,” he added. 

Jaiz bank

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: [email protected]

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    Business News

    Tip Jar, Twitter’s new giveaway feature that lets users send money to you

    Twitter has introduced a new feature called Tip Jar that allows you send money to your favourite tweeters.

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    US Elections: Twitter, Facebook suspend several news accounts

    Twitter has introduced a new feature called Tip Jar that allows you send money to your favourite tweeters.

    According to the blog post, “Tip Jar is an easy way to support the incredible voices that make up the conversation on Twitter. This is a first step in our work to create new ways for people to receive and show support on Twitter – with money.”

    The new feature utilizes different payment platforms like PayPal, Venmo, Patreon, CashApp, and others.

    Users can link their Twitter accounts with Tip Jar to any of these payment providers. Twitter takes no cut.

    You’ll know an account’s Tip Jar is enabled if you see a Tip Jar icon next to the Follow button on their profile page. Tap the icon, and you’ll see a list of payment services or platforms that the account has enabled. Select whichever payment service or platform you prefer and you’ll be taken off Twitter to the selected app where you can show your support in the amount you choose.

    Twitter has released series of features this year as part of its efforts to grow Twitter’s user base to 315 million daily active users by the end of 2023.

    The company also launched Twitter crop where images don’t get crop again on Twitter for Android or iOS. Standard aspect ratio images (16:9 and 4:3) will now display in full without any cropping and images will look just like they did when you shot them.

    Lauren Alexander, a Twitter spokesperson said, “Today’s launch is a direct result of the feedback people shared with us last year that the way our algorithm cropped images wasn’t equitable, The new way of presenting images decreases the platform’s reliance on automatic, machine learning-based image cropping.”

    Twitter has tested several features and more will be rolled out soon.

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    Business

    Customs Apapa Command generates revenue of N65.4 billion in April

    This indicates a 64% increase in collection and an unprecedented record that has never been achieved in the history of Apapa Area Command.

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    Border closure: Amid N5bn daily revenue, Customs officials lament allowance slash  

    The Nigerian Customs Service (NCS) Apapa Area Command has announced a revenue of N65,463,398,355.85 for the month of April—an increase of N25,585,561,139.92 compared to the same period last year.

    This was disclosed by Comptroller Ibrahim Yusuf, Area Controller of Apapa command, in a press briefing on Thursday.

    What Ibrahim Yusuf is saying

    “This indicates a 64% increase in collection and an unprecedented record that has never been achieved in the history of Apapa Area Command.

    In line with the provision of extant laws, trade guidelines and enforcement of government fiscal policy measures, the command was able to further strengthen its anti-smuggling operations against economic saboteurs through credible intelligence-driven operations.

    This led to the seizure of 4×40 feet containers laden with unregistered pharmaceuticals (674 cartons of tramadol tablets in 225mg and 120mg, and 805 cartons of codeine syrup in 100ml) at APMT and SIFAX 3 bonded terminal respectively.

    Other items seized in the period under review include: two containers of unprocessed wood and one container of scrap copper wire,” he said.

    He added that the progress the Apapa Command made in the month of April was possible due to the resilience of the officers, citing that the Command had taken steps to ensure efficient revenue collection by creating an enabling environment for legitimate businesses to thrive.

    What you should know

    Recall Nairametrics reported that the Nigeria Customs Service (NCS) Apapa Command stated earlier that it generated a revenue of N159.58 billion in the first quarter of 2021.

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