Connect with us

Business

ALBON Tasks FG On Road Rehabilitation

Published

16 years ago

on

Sequel to the poor condition of the Lagos – Ore-Benin expressway, and other parts of the country,the Assocation of Luxury Bus Owners of Nigeria (ALBON), has called on the Federal Government of Nigeria (FGN) to urgently intervene on the rehabilitation of the deplorable federal road networks across the country.

The association noted that this issue has been a recurring incident, and that a lot of fatal accidents being recorded on so many occasions, has led to deaths on the Benin-Ore-Lagos expressway.

ALBON in a communiqué issued at the end of its crucial meeting recently has said that the failure of the federal government to address this issue immediately may force the association to withdraw its services across the country.

In a six-point communiqué signed by the assocation’s secretary, frank Nneji, the body believed that the solution to the hydra-headed problem could be approached through the immediate institution of programmed maintenance on all highways, with over 5,000 average traffic per day.

The association also advocated that funding for the road maintenance should be separated from road development, rehabilitation and reconstruction, as they are clearly distinct, so that the roads can be properly maintained.

It also stated that the constitution of a traffic compliance taskforce on the Ore tollgate/second Ore junction stretch will ensure that motorists comply with the proper use of lanes.

The group also appealed to President Umaru yar’Adua and the minister of works to come to the aid of the association and other road users, who daily suffer untold hardship.

ALBON, the communiqué further stated, believed that a long lasting accident-free road network across the country could be achieved through urgent interventionist programme on the Shagamu-Benin axis.

This according to the communiqué will restore normal flow of traffic on the highway, through the provision of immediate maintenance intervention regime.

It went further to highlight the importance of equipping the Federal Road Maintenance Agency (FERMA) to be able to intervene on all major high ways so as to ensure free passage of vehicles year round across the country.

 

Corlins Walter

Related Topics:
Continue Reading

Business

Mile 2-Jetty Toxic Leakage: SEREC Worries Over Environmental Pollution 

Published

2 hours ago

on

October 12, 2025

By

The Sea Empowerment and Research Center (SEREC) has raised alarm over the environmental pollution at Mile 2 Jetty following a sunken barge which cargo is leaking.
SEREC noted that the sunken barge has led to chemical pollution at the Mile 2 Jetty adding that the continued rainfall has worsened toxic leakage into the waterways, threatening marine life and public health.
In a Press Statement, the Head of Research, SEREC, Dr. Eugene Nweke, said the incident calls for immediate institutional reform of Nigeria’s barge operations.
According to him, independent findings showed that industrial chemicals stacked at a “shipping terminal and nearby bridge locations have been seeping into surrounding waters, with minimal visible regulatory response”.
He said the development was a wake-up call to strengthen the governance and administrative architecture of Nigeria’s barge operations adding that they are currently weakly coordinated across multiple agencies.
This, he said, has left gaps in safety enforcement, vessel standards, environmental control as well as emergency response.
In direct response to this and similar recurring incidents, SEREC strongly advocates the creation of a Directorate of Barge Operations and Logistics Services (DBOLS) within the Ministry of Marine and Blue Economy to be headed by a Director and operationally driven by a Deputy Director of Barge Operations and Logistics Services.
This specialized Directorate would, “Enforce mandatory registration, inspection and certification of all commercial barges and tugs operating along Nigerian inland and coastal routes.
“Institute safety, loading, and environmental standards for barge construction, cargo handling and waste management.
“Develop digital traffic monitoring systems (AIS/GPS) for barge movements to prevent congestion and accidents”, Nweke said
By: Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

“FCCPC Approves Sale Of Chivita|Hollandia To UAC Nigeria PLC 

Published

7 days ago

on

October 6, 2025

By

UAC of Nigeria PLC (UAC) has announced the completion of it’s in a press release on October 3, 2025, that it has completed the acquisition of Chivita|Hollandia (CHI Limited), following approval from the Federal Competition and Consumer Protection Commission (FCCPC).
Revealing this in a Press Release, at the Weekend, UAC said the transaction, first disclosed on July 30, 2025, involved the transfer of ownership of CHI Limited, a leading Nigerian food and beverage company best known for its market-dominant Chivita juice and Hollandia dairy brands, to UAC.
Commenting on the development, the Managing Director, CHI Limited, Eelco Weber, expressed optimism in the company’s future under UAC’s ownership.
“We are pleased to have received regulatory approval for this transaction. We look forward to a smooth transition and to seeing Chivita|Hollandia thrive under UAC’s ownership,” he said.
Group Managing Director of UAC, Fola Aiyesimoju, highlighted the strategic importance of the acquisition saying “We are excited to officially welcome the Chivita|Hollandia team and brands into the UAC family, and we are eager to work together to build on their strong legacy and market leadership”.
The acquisition is expected to strengthen UAC’s position in Nigeria’s fast-moving consumer goods (FMCG) sector, expanding its footprint into the growing juice and dairy markets.
UAC further said that the acquisition aligned with its growth agenda by adding two market-leading brands and a well-established distribution network to its por.
Continue Reading

Business

PenCom Reintroduces Gratuity For Federal Civil Servants

Published

7 days ago

on

October 6, 2025

By

The National Pension Commission has said it has deployed a framework to restore gratuity for Federal Civil Service under the Contributory Pension Scheme.
Director-General of PenCom, Omolola Oloworaran, disclosed this at a Stakeholders’ Conference on the Workings of the Contributory Pension Scheme (CPS) for Employees and Pensioners of Federal Government Treasury-Funded Ministries, Departments and Agencies, in Abuja, last Thursday.
Represented by the Acting Commissioner, Technical, PenCom, Hon. Hafiz Kawu Ibrahim, Oloworaran said, “Working with the office of the Head of the Civil Service, a framework has been developed to restore gratuity benefits for federal workers under CPS, in line with Section 4(4) of the PRA 2014.”
The PenCom DG added that “PenCom has enhanced pensions for over 241,000 retirees, representing 80% of those under Programmed Withdrawal. Monthly pensions rose from N12.157 billion to N14.837 billion, effective June 2025.
“Also, since July 2025, no retiree waits to access their pensions. Payments are now immediate, aligned with monthly salary releases from the Federal Ministry of Finance”.
Also speaking, the Chairman of the National Salaries, Income and Wages Commission, Ekpo Nta, stated that the Commission would partner PenCom to examine the current rate of retirement benefits and recommend appropriate mechanisms for periodic reviews of retirement benefits.
Continue Reading

Trending