Business
Abali Park: Illegal Loading Bays Worries NURTW
The National Union of Road Transport Workers (NURTW) have expressed dissatisfaction over the multiplicity of motor parks and loading bays littering around the Abali motor park near the Isaac Boro flyover, Mile One Diobu, Port Harcourt.
NURTW also expressed dismay over the infiltration of the Abali motor park by various transport group, operating illegally around the vicinity, since the sack of transport operators under the flyover.
According to the chairman of the Union, Abali Motor Park branch, Chief Bethel Dappa, who spoke to The Tide on the matter, said that the major challenge they are facing presently is that of multiple loading bays around the park pointing out that the revenue generation of the park, had grossly been affected.
Chief Dappa explained that due to the proximity of these loading bay, passengers who usually patronise Abali Park, now find themselves dragged or lured to these other areas.
He said the scenario had created a sort of lawlessness in the park operations, as these group of park operators adopt various method to drag or attract passengers to their beat.
The NURTW chairman however, questioned the ability of regulatory authority in park operations in the state, to check the indiscriminate setting up of motor parks, around the government approved functional park, pointing out that those who do not have operational base under flyover, even before the scrap of operations at the area, have taken advantage of the fallen fence of Abali Park to launch themselves into the systems.
He said his union would not engage any group in fracas, more over, given the fact that government is yet to make its decision clear about the Abali Park, since the fence has been pulled down by government.
The chairman, however, posited that the NURTW is only waiting to know the next line of action of government, pointing out that the ultra modern motor park that government planned to build at the outskirt of the city could mean that all other motor parks will be closed.
He therefore urged the state government to execute whatever plans it has on motor parks, so as to close the matter of multiple parks in the city of Port Harcourt.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.