Business
Observe Traffic Rules During Sallah –FRSC
The Federal Road Safety Commission (FRSC)
on Monday in Abeokuta advised road users to observe traffic rules and
regulations during the Sallah celebration and during the “Ember” months.
The FRSC Sector Commander in Ogun, Mr
Adeboye Oyeniyi, told our correspondent that the command was doing everything
possible to ensure that the roads were safe for all.
Oyeniyi said, “We are not leaving any stone
unturned in our bid to reduce carnage on Ogun roads and beyond, the FRSC is
ready physically and psychologically to ensure sanity on our roads.
“We know that it is going to be a very busy
period and it has even started as we are speaking, we understand what is
expected of us, and we are going to be up and doing.
“All our vehicles have been well serviced,
we have been discussing with Federal Road Maintenance Agency (FERMA) and
Federal Ministry of Works so that potholes will be fixed for these periods.
“If that is done, the era of motor running
into pot holes and summersault will be reduced to a minimum.”
According to him, the FRSC will also
collaborate with other agencies such as the police, special marshals, and first
aid groups among, others during the periods.
Oyeniyi also advised drivers to be very
sensitive to the weather during the period.
He said, “Harmattan is fast approaching and
the weather will be so cloudy during this period.
“So we are warning drivers not to travel
late in the night or early in the morning because visibility will be minimised
and drivers may not be able to see far distance.”
The sector commander also said that the
FRSC had been going round the motorparks to sensitise commercial drivers on how
to maintain their vehicles and to educate them not to drink while driving.
He, however, said that appropriate
punishment would be given to recalcitrant drivers, adding, “we are working with
the magistrates so that mobile courts can come on stream during this period”.
Oyeniyi said that no fewer than 317 people
were involved in 65 road traffic crashes in the state in September.
He said that 178 of the people were either
seriously injured or killed in road crashes in the month under review, while
there were 37 cases of minor accident.
“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.