Business
FRSC Recommits To Safe Motoring
The Acting sector commander, Federal Road Safety Corps (FRSC), Rivers State, Mr Joseph Toby, says, the body is committed to creating a safe motoring road.
Toby who stated this at a town hall meeting with motorists in Port Harcourt on Friday, attributed some road accidents to overloading.
He appealed to the Rivers State Government to enact a policy to check overloading.
“The FRSC is committed to regulate, enforce and coordinate all traffic safety management activities that can be better achieved through active participation of all our stakeholders as the safety of roads is everybody’s business”, he said.
Also, the Deputy Road Commander of the corps, Mr Michael John, during the session, urged the motoring public to ensure that they use seat belts.
“Statistics show that 50 per cent safety can be ensured with the use of seat belts, and this time, the focus is on the rear vehicles”, he said.
On his part, the Traditional Ruler of Evo Kingdom, Ezse Leslie Eke, called for more enlightenment to the motoring public on the need to ensuring safety on the roads.
“The motoring public is always in a hurry because they are under pressure, that is why the enlightenment is very important.
“You should reach out to them to enable them appreciate that if you rush to a place, you may not reach that destination,” he said.
The monarch also urged members of the public to always exercise patience on the roads.
“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.