Business
More than 5,000 commuters last Friday besieged the Iddo Terminus of the Nigerian Railway Corporation to board the Lagos – Ilorin Mass Transit Train, a special Sallah service announced by the corporation. Our correspondent reports that over 1,000 people went home disappointed as they could not secure seats on the train. The NRC had on October 28 announced the special transit service for the Eid-el-Kabir scheduled for this weekend. The corporation announced a fare of N180 for economy class passengers on Lagos-Abeokuta route of about 97km while passengers on Lagos-Ilorin route pay N680 and N1, 010 for economy and first class respectively. It was also reported that the first train of 10 coaches left at about 9.30am with scores of passengers seen standing and lapping themselves, whiles the second train left at noon. Passengers, who spoke to Our correspodent lauded the intervention of the corporation, while those who could not make the trip, criticised what they called “poor arrangement” by the officials. One of the passengers, Mr. Mustapha Adisa, said the special train service afforded him the opportunity of taking his entire family to Ede, Osun, for the Eid-el-Kabir celebration.
More than 5,000 commuters last Friday besieged the Iddo Terminus of the Nigerian Railway Corporation to board the Lagos – Ilorin Mass Transit Train, a special Sallah service announced by the corporation.
Our correspondent reports that over 1,000 people went home disappointed as they could not secure seats on the train.
The NRC had on October 28 announced the special transit service for the Eid-el-Kabir scheduled for this weekend.
The corporation announced a fare of N180 for economy class passengers on Lagos-Abeokuta route of about 97km while passengers on Lagos-Ilorin route pay N680 and N1, 010 for economy and first class respectively.
It was also reported that the first train of 10 coaches left at about 9.30am with scores of passengers seen standing and lapping themselves, whiles the second train left at noon.
Passengers, who spoke to Our correspodent lauded the intervention of the corporation, while those who could not make the trip, criticised what they called “poor arrangement” by the officials.
One of the passengers, Mr. Mustapha Adisa, said the special train service afforded him the opportunity of taking his entire family to Ede, Osun, for the Eid-el-Kabir celebration.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
News3 days agoDon Lauds RSG, NECA On Job Fair
-
Niger Delta23 hours agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Nation1 day agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Sports1 day agoSimba open Nwabali talks
-
Transport1 day agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Niger Delta1 day ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta23 hours ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy1 day agoElectricity Consumers Laud Aba Power for Exceeding 2025 Meter Rollout Target
