Connect with us

Auto

Oyo Earmarks N9.4bn for 106 Mass Transit Buses

Published

on

Mass Transit Buses

By Modupe Gbadeyanka

A total of 106 new buses would be purchased with the sum of N9.4 billion for the Oyo State’s mass transit scheme, Mr Taiwo Adisa, the Chief Press Secretary to Governor Seyi Makinde, has disclosed.

Mr Adisa, in a statement on Wednesday, noted that the purchase of the buses will greatly assist the development of intra-city transportation in Ibadan and other parts of the state and also boost the economic development of the state.

It was disclosed that the decision to pay N9.6 billion for the purchase of the vehicles was reached at the Oyo State executive council meeting held in Ibadan yesterday and it was because the present administration sees transportation as a vital factor in the economic development.

The Commissioner for Youth and Sports, Seun Fakorede, while addressing newsmen after the meeting, explained that the operations of the Bus Rapid Transit (BRT) scheme as a major means of public transportation has been accepted in some Nigerian cities over the years, stating that the Pacesetter Transit Scheme is a good example of the BRT system existing in Oyo State.

“I wish now to state that the effort and the commitment of the present administration under the visionary leadership of Engineer Oluseyi Makinde are revamping the agriculture sector in the state.

“So, it is imperative that the state provides adequate and effective means of transportation, of moving persons, goods, and services, which will have a multiplier effect on commerce and economic development of the state,” he said.

The Commissioner added that “a company, by the name Petrobridge Nigeria LTD, has been identified as having the capacity and the capability to immediately supply 106 units of the buses to complement the transportation-related activities in Oyo State.

“And, to this end, it is worthy to note that there is an urgent need to purchase 106 units of brand-new buses to complement the fleet at the PTS and also to improve the mass-transit system in the state and, by extension, boost the economy of the state.

“Therefore, the council considered and approved the supply of 106 unit of brand-new buses at a total cost of N9,395,427,659.5 only, all taxes inclusive.”

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

Company Gets Ultimatum to Stop Indiscriminate Truck Parking on Aina Obembe Road Baruwa

Published

on

Aina Obembe Road traffic agbaje

By Dipo Olowookere

Residents and motorists plying the Aina Obembe Road in Baruwa, Ipaja, Lagos, may soon heave a sigh of relief as the excruciating traffic gridlock being experienced in the area both day and night may soon be a thing of the past.

This is because the chairman of Ayobo-Ipaja LCDA, Mr Lukmon Agbaje, has directed those involved in indiscriminate truck parking along the road to remove the heavy-duty vehicles within one week, threatening to invoke appropriate enforcement measures for noncompliance with this directive.

Speaking during a meeting on Wednesday with the management of SENA Company, which owns the affected trucks, as well as the leadership of Oluwadara CDA and other key stakeholders like the Lagos State Traffic Management Authority (LASTMA), at the council’s secretariat, Mr Agbaje frowned at the prolonged inconvenience suffered by the community, stressing that public roads must remain accessible and safe for all users.

He emphasised the need for a collaborative approach in resolving the issue without undermining legitimate business operations, noting that he’s focused on finding a lasting solution to the gridlock experienced between Oluwaga and Aina Obembe, where parked trucks have continued to obstruct traffic, disrupt business activities, and pose safety concerns for residents and motorists.

He tasked the firm and the CDA to jointly identify and implement alternative parking arrangements that would remove all trucks from the affected roads and restore the free flow of traffic.

He declared that, “The welfare of our people remains our highest priority. No individual or corporate organisation should obstruct public infrastructure or create avoidable hardship for residents. We must ensure that economic activities coexist with public safety, order, and convenience.”

The council chief reaffirmed his administration’s commitment to promoting orderly development, ensuring safe and accessible roads, improving traffic management, and creating an environment where businesses can thrive alongside the well-being of residents.

Continue Reading

Auto

FG Rolls Out Green Tax, Cuts Vehicle Import Levies

Published

on

Green Tax Surcharge

By Adedapo Adesanya

The federal government has cut import levies on new and used vehicles by as much as 10 per cent in a move aimed at reducing the cost of vehicle importation, even as it commenced the implementation of a new Green Tax surcharge.

According to an update issued by the Nigeria Customs Service (NCS) on Wednesday, the import levy on new vehicles has been reduced from 20 per cent to 10 per cent, while the levy on used vehicles has been slashed from 15 per cent to five per cent under the 2026 Fiscal Policy Measures, which took effect on July 1, 2026.

The customs said the policy is designed to ease the cost of vehicle imports while advancing the government’s environmental sustainability objectives through the newly introduced Green Tax.

The implementation also reduces the overall import duty on fully built passenger vehicles from 70 per cent to 40 per cent.

As part of the Green Tax framework, a new environmental surcharge of between two per cent and four per cent will apply to petrol-powered vehicles with engine capacities exceeding 2,000cc. However, mass transit buses, electric vehicles, and passenger cars with engines below 2,000cc are exempt from the surcharge.

Beyond the automobile sector, the fiscal measures also lower import duties on several essential goods. The duty on imported rice has been reduced from 70 per cent to 47.5 per cent, while crude palm oil now attracts a 28.75 per cent duty.

In addition, import duties on agricultural and manufacturing machinery have been completely removed to support local production, while Waste PET has been added to the export prohibition list to encourage domestic recycling.

Continue Reading

Auto

Ayobo-Ipaja LCDA Plans Data Capture of Commercial Motorcycle, Tricycle Riders

Published

on

lukmon agbaje ayobo ipaja data capture

By Dipo Olowookere

Plans are underway to carry out a comprehensive data capture and registration exercise of all commercial motorcycle and tricycle operators within Ayobo-Ipaja LCDA.

This move, according to the council chairman, Mr Lukmon Agbaje, is part of proactive measures to strengthen the security of lives and property across the Local Council Development Area (LCDA). The exercise, he said, would be executed in partnership with security agencies and transport unions.

On Tuesday, the council chief convened a high-level security meeting with leaders of commercial transport unions and key security stakeholders operating within the area.

Mr Agbaje expressed concern over the increasing influx of commercial motorcycle (Okada) and tricycle (Keke) operators into the LCDA without proper documentation or profiling.

According to him, the absence of reliable records poses significant security challenges and could provide opportunities for criminal elements to infiltrate communities under the guise of commercial transportation.

He stressed that security is best achieved through preventive measures, noting that effective profiling and documentation remain essential tools in safeguarding residents and protecting the council from emerging security threats.

Mr Agbaje disclosed that under the new security framework, all Okada and Keke parks and operational locations across the LCDA would be officially documented, adding that every duly verified operator would receive an official identification jacket bearing a unique coded number to facilitate easy identification and monitoring.

He also said a mandatory guarantor system will be introduced to strengthen accountability, ensuring that every registered rider has a verifiable guarantor who can be contacted whenever necessary.

The chairman noted that these measures are designed not only to improve security coordination but also to protect law-abiding commercial operators and discourage criminal activities within the council.

Leaders of the various transport unions welcomed the initiative, noting that proper documentation will distinguish genuine operators from criminal elements, enhance public confidence, and promote a safer working environment for commercial transporters.

Also, the Divisional Police Officers (DPOs) of Ayobo and Ipaja Commands commended the initiative, describing it as a timely and commendable step towards strengthening community policing. They reaffirmed the Nigeria Police Force’s commitment to working closely with the council to ensure full compliance and sustain peace and public order.

Continue Reading