Connect with us

Auto

Access Bank Eases Traffic in Oniru With Better Road Network

Published

on

Access Bank Oniru1

By Modupe Gbadeyanka

In order to make life meaningful to residents and commuters around the Victoria Island–Lekki Axis by reducing travel time and decongest traffic in the area, Access Bank Plc has improved and expanded the existing roads in the vicinity.

The new road network was commissioned on Thursday by the Lagos State Governor, Mr Babajide Sanwo-Olu, who was full of appreciation for the gesture.

The Victoria Island and Lekki axis are two of the most commercial areas in Lagos State, witnessing a huge daily exchange of economic activities and as a result, commuters.

About 40 per cent of the employed population in the formal sector in Lagos work in Victoria Island, and a good percentage of these workers have their offices situated around the Oniru axis.

Expressing optimism about how the new and expanded road network will impact the lives of workers and commuters in the region, Mr Sanwo-Olu said, “I am glad that we achieved more than just creating a world-class road network. We have improved the drainage system of the community, reduced traffic and this has shown our drive to make the life of Lagosians easier.

“I am absolutely delighted with Access Bank as they have continued to support Lagos State Government and working with us on numerous projects across the State.

“Herbert Wigwe and his team have worked really hard to bring this project to life and have supported us on other projects like this. We appreciate the Bank for its contribution to public infrastructure improvement”

The Group Managing Director of Access Bank, while speaking at the commissioning yesterday, stated that, “At the heart of Access Bank’s business operations is our commitment to offering ‘More’ to our customers and more extensively, positively affecting the communities in which we operate.

“Our track record speaks for itself as we have successfully executed similar projects in Oyin Jolayemi Street, Danmole Street and other areas. Indeed, community and social impact have become enshrined parts of our DNA as a Bank.

“We appreciate the Lagos State Government, led by Mr Sanwo-Olu, for the incredible support received during the execution of this project.

“Our commitment to facilitating a greater Lagos will not end here and I am truly excited about the infrastructural, technological and social advancements that our partnership will foster.”

Having moved its corporate head office from Danmole Street, Victoria island to Oniru, Access Bank undertook a feasibility study on how to best to make for ease of movement.

In line with this, the bank has created new concrete-based road networks in the Oniru area, improving and expanding the existing roads.

It was gathered that the project was executed by renowned engineering firms, Craneburg Construction Company and Planet Projects Limited (PPL).

Access Bank Oniru

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Auto

Interswitch Digitises Nigeria’s Interstate Travel With Ticket Vending Platform

Published

on

Interswitch

By Modupe Gbadeyanka

Nigeria’s interstate transport ecosystem has been digitalised by the introduction of a ticket vending platform by one of Africa’s leading integrated payments and digital commerce companies, Interswitch.

This comprehensive digital solution was designed to transform ticketing, streamline operations, and enhance service delivery.

At the core of the solution is a secure, token-based system that allows travellers to purchase digital tickets across multiple channels, including web, mobile, and dedicated point-of-sale (POS) devices deployed at transport terminals.

These tokens serve as verifiable digital vouchers, which are validated and redeemed at boarding points, significantly reducing inefficiencies associated with manual ticketing, cash handling, and fragmented sales processes.

It was developed as both an operational management system and a digital marketplace to allow transport operators, particularly small and medium-scale businesses, to digitise their end-to-end processes while connecting to a broader customer base through the Quickteller ecosystem.

With this innovation, operators can seamlessly create and manage routes, oversee terminal activities, track sales, and access real-time performance insights from a single, centralised platform.

It also introduces a marketplace experience that enables travellers to search, compare, and select transport options across multiple operators based on routes, schedules, and pricing. This not only simplifies journey planning but also promotes transparency and choice for commuters.

The platform also supports corporate and institutional users by enabling bulk token purchases, offering a flexible and efficient solution for organisations managing employee or group travel.

In addition, it delivers value to regulators and stakeholders within the transport ecosystem by providing access to structured data and actionable insights that can support oversight, licensing, and consumer protection efforts.

“Transportation remains a critical backbone of Nigeria’s economy, yet much of the sector still operates with fragmented systems and manual processes that limit efficiency and growth.

“With the Ticket Vending Platform, we are introducing a scalable digital infrastructure that empowers transport operators to modernise their operations, expand their reach, and deliver a more seamless experience to travellers.

“Beyond ticketing, this is about creating a connected ecosystem, one that brings together operators, commuters, and regulators on a unified platform, while driving transparency, efficiency, and long-term value across the industry,” the Managing Director for Industry Ecosystems at Interswitch, Ms Chinyere Don-Okhuofu, said.

Continue Reading

Auto

FRSC, Brewery Companies Renew Pact to Tackle Drink-Driving

Published

on

FRSC Brewery Companies

The Federal Road Safety Corps (FRSC) has renewed a strategic partnership with major brewing companies in Nigeria to intensify efforts against drunk driving and improve road safety nationwide.

The renewed Memorandum of Understanding (MoU), signed with members of the Beer Sectoral Group (BSG), extends the collaboration for another five years, with both sides pledging to deepen public awareness, enforcement and community engagement.

FRSC Corps Marshal, Shehu Mohammed, said the partnership underscores the importance of synergy between government and the private sector in addressing road crashes, particularly those linked to alcohol consumption.

He stressed that saving lives on Nigerian roads requires sustained collaboration, adding that the corps would continue to work with industry players to promote responsible behaviour among motorists.

Speaking on behalf of the BSG, Managing Director of Nigerian Breweries Plc and Chairman BSG, Thibaut Boidin, said the renewal reflects the industry’s commitment to sustained collaboration with regulators. He cited previous joint campaigns, including the Don’t Drink and Drive Campaign, as impactful, adding that the next phase would focus on expanding reach and strengthening implementation.

Also speaking, the Managing Director of Guinness Nigeria, Girish Sharma, said the industry remains committed to supporting initiatives that promote safer roads. He noted that while alcoholic beverages are often blamed for road crashes, the real issue lies in irresponsible consumption, particularly drinking and driving.

“We are here to work with you and ensure that this programme grows bigger and delivers real impact. Saving lives is what matters most,” he said.

Similarly, the chief executive of International Breweries Plc, Mr Nicholas Kade, commended the FRSC for its dedication, describing the corps’ efforts as critical to making communities safer. He said the brewing industry would continue to support initiatives that promote responsible drinking and road safety.

The Executive Director of the Beer Sectoral Group, Ms Abiola Laseinde, described the renewal as a milestone in public-private collaboration.

She said the partnership had driven nationwide campaigns against drunk-driving, influenced behaviour and reached millions of Nigerians with road safety messages.

Ms Laseinde added that both parties would scale up interventions in the next five years to further reduce crashes and promote responsible alcohol consumption.

The FRSC and BSG’s partnership has been central to national campaigns discouraging drunk-driving, with stakeholders expressing optimism that the renewed agreement will deliver stronger outcomes.

Continue Reading

Auto

NRS Denies Introduction of New Vehicle Tax from July 1

Published

on

new vehicle tax

By Modupe Gbadeyanka

The Nigeria Revenue Service (NRS) refuted reports making the rounds on social media that the federal government plans to introduce a new tax on vehicles from July 1, 2026.

Mr Dare Adekambi, who serves as the Special Adviser to the NRS Chairman, Mr Zach Adedeji, and spokesperson for the organisation, said in a statement that the government was not planning to introduce the vehicle tax as claimed.

He described a viral infographic purporting the policy as false and misleading, urging members of the public to disregard it.

Mr Adekambi advised citizens to only rely on information from the NRS, urging them to follow the company its official handles on all social media platforms and its website for accurate information about tax and its activities.

In the infographic, motorists were directed to pay an unspecified vehicle tax rate online or at approved banks and agencies. The website listed as NRS’s was the old one, http://www.firs.gov.ng and not the new http://www.nrs.gov.ng created after it was rebranded.

“The NRS wishes to state categorically that the information did not emanate from the service or any government agency.

“Citizens are, therefore, advised to disregard the fabricated messages designed to mislead the public and instead rely on official government channels for information on government policies,” Mr Adekambi said in the statement.

Continue Reading

Trending