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Business

Lagos says transport operators, drivers, conductors, others must get accredited

Transport operators in Lagos have been directed to get accredited under the state’s Ministry of Transportation.

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Emerging Market and a Frontier Market

The Lagos State Government has asked all Transport Operators within the state to get accredited at the Public Transport and Commuter Service Department (PTCS) of the Ministry of Transportation.

The exercise is to help further promote the safety and security of drivers and passengers in the commercial transport system.

This disclosure is contained in a press statement that was issued by the Lagos State Ministry of Transportation and signed by the ministry’s Director Public Transport and Commuter Services, Mr Ajewole Ashaolu, on Friday, February 12, 2021.

In the statement, Ashaolu stated that the accreditation was vital for the procurement of Vehicle Body Tag, Driver’s Badge, Stage Carriage Permit and Terminal Access Permit as part of documents required for operation within the metropolis.

Ashaolu explained that all commercial passenger vehicle operators, owners, drivers and conductors, as well as Mini-buses, Tricycles, all Commercial buses, E-hailing and regular cabs are required to get accredited to legitimise their operations as well as enhance public trust.

He further disclosed that the exercise will hold continuously at the Directorate of Public Transport and Commuter Services, Block 3, Building of Code of Conduct Bureau, opposite the Police College, Oba Akinjobi Way, GRA, Ikeja, adding that this documentation is mandatory for operators.

The statement also appealed to stakeholders in the public transport sector to participate in the exercise to avoid enforcement measures by the State Government.

What this means

  • This exercise that is being carried out by the Lagos State Government, appears to be geared towards providing a more secured environment for residents, by having records of transport operators, drivers and others in the state for better monitoring.
  • This is as some commuters have gone through harrowing experiences with some criminal elements among the commercial vehicle drivers and conductors.
  • This could also be a revenue generation drive by the state government as the registration could likely come with a fee to be paid by these stakeholders.

 

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

3 Comments

3 Comments

  1. Oye

    February 13, 2021 at 10:22 pm

    This should have been done long ago. How can people operate as drivers and conductors in Lagos,yet the government has no clue who they are. If you know what it takes to be black cab driver in London, you’ll squirm.

    Every danio should be registered and numbered, with the owner, driver and conductor known.

  2. Sunny Bayefa

    February 14, 2021 at 12:19 pm

    What about the park touts popularly called AGBERO. That exhort transporters? Will the need to be registered too?

  3. Kingsley

    February 15, 2021 at 1:15 pm

    The state Government should think of building parks they can control rather than laying another burden on the drivers who are struggling to make ends meet couple with the touts collection for morning afternoon and evening due. Except the Lagos state transport director will assured the drivers will stop henceforth after the compliance by the commuters drivers. If not the Lagos state transport director will aim at increasing hardship on the commuter drivers. Provide adequate security for the commuter drivers.

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Business

SEC denies Oando’s shareholder court victory

SEC has denied ever being served with court processes with respect to the purported matter at the FCT High court.

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unclaimed dividend, SEC restrains fintech company, Chaka from advertising or offering for sale shares

The Securities and Exchange Commission (SEC) has denied the claim by one of Oando Plc’s shareholders, Engr Patrick Ajudua, that he won a court case against the capital market apex regulator.

SEC disclosed in a statement it issued and seen by Nairametrics on Wednesday that there was never a time it was served with court processes with respect to the purported matter at the FCT High court.

It stated, “The attention of the Securities and Exchange Commission (the Commission) has been drawn to several publications in the media, where it is reported that a shareholder of OandoPlc, purportedly obtained a judgment from the Federal Capital Territory High Court against the Commission.

“The Commission wishes to inform the general public that it was never at any time served with court processes with respect to the purported matter at the FCT High court. The Commission will consequently take all necessary steps to verify and set aside the purported decision of the said Court.”

What you should know

  • On Tuesday, Ajudua, reportedly won a legal suit, which was filed at the High Court of the FCT against SEC, according to Nairametrics.
  • He filed that the directive of the SEC suspending Oando’s Annual General Meeting is in breach of his right to freedom of association as guaranteed under Section 40 of the Nigerian Constitution and Articles 9, 10 & 11 of the African Charter on Human and Peoples Rights.
  • In the said hearing presided over by Honorable Justice O. A Musa, all cases filed were granted in his favor.

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Business

FG urged to sell-off “unproductive” Ajaokuta Steel Plant

The FG has been urged to sell the moribund Ajaokuta steel plant located in Kogi State.

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Ajaokuta Steel Plant: FG Spends N2bn Salary Every Year on Workers Doing Nothing 

The Federal Government has been urged to sell the moribund Ajaokuta steel plant located in Ajaokuta, Kogi State. The FG was advised to sell the defunct facility to the private sector, which would be more capable to turn the massive structural investment into a profitable venture.

The call was made by the Chairman and Managing Director of Energy Services Limited, Chief Sunny Onuesoke who spoke to newsmen in Warri after visiting the plant last week.

He lamented that no Nigerian would feel good about the country after visiting the $8bn structural investment which has never “produced a single bar of steel since reaching 98% completion as far back as 1994.”

On his visit to the plant, he reported that it was a very emotional experience for him.

“I went there, I cried and asked what exactly is the problem?” he said.

He reflected on the numbers associated with the moribund Ajaokuta steel Plant from its flag off in 1979 to date.

  • 3.9bn was budgeted for the resuscitation of the facility in 2016
  • 4.27bn was budgeted for the same purpose in 2017

Onuesoke said that successive governments have plunged about $8bn into the complex since 1979. He lamented that the FG has been wasting the huge sum of N2 billion for payment of staff salaries every year for doing nothing.

“Why would anyone continue to pump money into an unproductive enterprise? Why do government keep promoting, paying staff salaries, pensioning, and retiring them?

“Why does government spend an appropriation budget on the maintenance of a plant that is not working? How do you maintain a non-commission plant?” Onuesoke queried.

The Ajaokuta steel plant has been in a moribund state for four decades with no concrete plans on the ground for its full resuscitation.

What you should know 

  • Nairametrics earlier reported on the 3 key reasons why the Ajaokuta Steel Plant has remained moribund for more than 4 decades. You can find them here
  • The Ajaokuta steel company was constructed by the Soviet Union in 1979 under a cooperation agreement with Nigeria, the complex reached 98% completion by 1994.

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