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Driver’s Licence: FRSC Warns Motorists Against Patronising Quacks
The Zonal Commander, Federal Road Safety Corps (FRSC), Zone 2, Lagos, Mr Nseobong Akpabio, has warned motorists in Ota and its environs to desist from patronising quacks when processing drivers’s licence.
Akpabio disclosed this on Saturday at a stakeholder’s forum organised by the corps in Ota.
According to him there are nine centres in Sango-Ota where original driving licence can be obtained.
He urged people to report cases of loss of driving licence to the nearest police station to prevent criminals from using the licence to commit crime.
Akpabio said the forum was part of steps taken to sensitise members of the public on speed violation and other related traffic laws offences to ensure safety of lives and property.
“Safety on our roads is a collective responsibility of everyone and the need to tell people to do the right thing in order to reduce road crashes,” he said.
The Zonal Commander said that the right attitude of members of the public could go a long way in reducing accidents on the roads.
He said there was the need for joint efforts and co-operation between the FRSC and other stakeholders in ensuring that lost of lives are reduced when crashes occurred.
He appealed to passengers to be active rather than being passive by asking questions and cautioning drivers when the need arise.
Earlier, Mr Leye Adegboyega, the Unit Commander of FRSC, Ota, said the business of safety on Nigerian roads required the attention of everyone.
Adegboyega said that road users needed to be reminded of the proper use of the roads, especially during the remaining ember months of the year.
He said that the meeting could not have come at a better time, in view of the year going to an end, with the expected increase in human and vehicular movement across the country.
Adegboyega said that subtle enforcement of speed-limiting device and safe to load programme, which seek to ensure that trucks and their drivers meet the minimum safety standard require before and after loading.
The Unit Commander added that there was an urgent need to continually improve synergy through collaborative efforts with other stakeholders.
In his remarks, Assistant Commissioner of Police, Sango-Ota, Mr. Fatayode Adegoke said that there was also the need to intensify enforcement strategies to ensure safety on our roads.
Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, signifying a positive balance of N2.22 trillion month-on-month.
Year-on-year, the figure represents a nine per cent increase compared with the N76.13 trillion recorded in June 2025. The latest figures come as the CBN continues to balance efforts to control inflation with the need to support economic growth and expand credit to businesses.
The CBN data shows that credit to Nigeria’s private sector increased by approximately 2.74 per cent month-on-month between May and June 2026. Also, the CBN data noted that credit to the government fell slightly to N40.03 trillion from N40.38 trillion. Other assets, net, dropped to N10.76 trillion from N12.63 trillion.
The credit surge signifies sustained growth in lending to businesses and other private-sector borrowers during the month. The rise in private sector credit was recorded alongside an increase in net domestic credit, despite declines in credit to government and other assets.
Further analysis of the report says that compared with June 2025, private sector credit rose by about N7.13 trillion yea-on-year but net domestic credit increased by approximately N1.87 trillion during the month.
The CBN’s relatively tight monetary policy stance notwithstanding, more banks still loaded funds to the private sector within the period. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 306th meeting on July 20 and 21.
The Committee reviewed recent developments in the global and domestic economies, assessed emerging risks to the outlook and considered their implications for monetary policy and retained all rates.
The Committee decided to retain the Monetary Policy Rate at 26.5 per cent; the Standing Facilities Corridor around the MPR at +50/-450 basis points and retain the Cash Reserve Requirement (CRR) for Deposit Money Banks at 45.00 per cent, Merchant Banks at 16.00 per cent, and non-TSA public sector deposits at 75.00 per cent.
The MPC decision means that credit extension in the private sector will likely continue to rise because of rising confidence in the sector and calls by stakeholders for banks to invest in the private scetor instead of government securities.
