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TUC Buses To Attract N700m Adverts Annually

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The Trade Union Congress of Nigeria (TUC) transportation investment buses rolled out recently will generate N700 million revenue annually through advertisements.

TUC Comrade Peter Esele President, announced this in Lagos at the inauguration of the 150 buses on the fleet of the investment outfit of the union in Lekki, Lagos.

He said that the revenue generated from the adverts would hasten the repayment of the loans.

The Tide reports that the bodies of some of the 150 buses were adorned with various adverts from leading manufacturing companies in Nigeria.

He said that buses were purchased to boost transportation business in the country, especially in Lagos.

“The buses were bought with a loan from Urban Development Bank, now, Infrastructural Bank, and guaranteed by the Federal Government during Late President Umaru Yar’Adua’s administration,” he said.

He said that the bank had approved N10 billion, which was guaranteed by the Federal Government, while NLC and TUC received N5 billion.

Esele said the Congress took N2.3 billion of the loan to buy the buses which arrived on February 7.

“The loan is expected to be paid within five years with five per cent interest rate.

“It is our first venture into business and we hope to succeed.

“We used our five per cent holding in Trust Fund as collateral for this business,” he said.

The TUC’s President said that the union was partnering with the Lagos State Government to ensure that licensed project managers run the business for the union.

He said that the buses would be operated by Country Wide logistics and Eko mega City and the fare would be handled by lagbus.

“We are running the buses on a private-public partnership. There is no TUC worker among the bus operators. If the TUC President is out of office, the business will continue to function effectively,” Esele said.

He said that the transport project would be managed by the Country-wide Logistics and the Eko Megacity to ensure transparency and prudence.

“The two operators have the licence to route the buses so as to ensure that the loan was repaid within the specific period,” Esele said.

He expressed the confidence that the transport project would improve the lives of Nigerians.

Esele said the TUC also planned to implement a housing project whereby Nigerians would not pay more than N9 million to own a house, while the loan could be offset within 15 years.

Our correspondent said that 100 of the buses are to operate within Lagos while the rest are to ply inter-state routes.

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Maritime

Union Urges NIMASA, RSG To Dredge PH/Bonny Jetty

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The Bonny Maritime Transport Association (BMTA) has called on the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Rivers State Government to dredge the Port Harcourt/Bonny Jetty to enhance marine operations.
The union said the low shore of the river hampers its operations and grounds boats.
The Marine Safety Officer, BMTA, Comrade Kings Don, who made the call, said the low shore of the jetty was not helpful to marine operations.
According to him, drivers and passengers find it difficult to ply the route whenever the tide is low, thus wasting man hours.
“Sometimes, we push the boat to a level it would afloat due to low tide suffered in the jetty. We are appealing to NIMASA and the state government to assist and dredge the jetty for more efficiency”, he pleaded. 
Don described the Port Harcourt/Bonny Jetty as the gateway to Bonny Island and other riverine communities, and called on NIMASA and the state government to intervene and make the marine sector viable in the area. 
He said that the prompt dredging of the jetty would enhance water transportation in the state and improve its revenue generation.
He, however, commended the security agents, especially the Nigerian Navy and the marine police, for rescuing the waterways and creeks from all forms of criminality.
Comrade Don appealed to the security agents to engage in 24-hour patrol of the routes and other channels to save lives and property.

By: Chinedu Wosu

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Maritime

Boat Mishaps: Ship Owner Blames Absence Of Safety Regulations

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A renowned ship owner in the country, Alhaji Aminu Umar, has decried lack of standardisation and enforcement of safety measures on the nation’s inland waterways by the National Inland Waterways Authority (NIWA).
He also blamed lack of will to enforce regulations, safety, standard and regulations on overloading, night voyage, rickety and old craft as causes of mishap on the inland waterways.
Alhaji Umar, who is a former president, Nigerian Shipowners Association (NISA), said in Minna, Niger State, recently that enforcement of safety and standard on the nation’s inland waterways was weak.
Reacting to incessant boat mishaps in the country, Umar said, “there is no standard applied on movement of people, as all kinds of boat are being used. It is important that we standardise, because lack of safety and standard will increase accident.
“I think, the task of NIWA is to standardise conditions and procedures on the nation’s waterways”.
He also called for the regulation of movement of badges and passenger boats across the port environment.
“It’s a huge risk allowing badges moving containers around the port area side by side with boats carrying passengers.
“Moving people and containers at the same time is a huge risk, and a safety concern.
“NIWA and the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports Authority (NPA) should see to this and tackle the menace”, he said.

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Maritime

Another Two Ships Arrive Onne Port, Today

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The Nigerian Ports Authority (NPA) says two ships laden with cargoes will arrive Onne Port in Rivers State today.
This was contained in its weekly Shipping Position made available to newsmen in Port Harcourt.
The shipping position gave the names of the vessels as UAL Bodewes and SI Osiris, scheduled to berth at the port.
The statement also gave the names of the shipping agents as Interservice Nig Limited and Alraine Shipping.
The ships, according to the statement, were laden with oil well tools/containers and general cargoes.
The ships are expected to berth at the Brawal Federal Light Terminal (FLT) Berth 1B and Brawal FLT Berth 1A in Rivers State. 
The length of the vessels was, however, not indicated in the shipping position.

By: Chinedu Wosu

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