COVID-19: FG approves N10 billion for transport sector

COVID-19: FG approves N10 billion for transport sector

COVID-19: FG approves N10 billion for transport sector
President Muhammadu Buhari

By Dirisu Yakubu – Abuja

The federal government has approved the injection of N10 billion into the transportation sector to cushion the effect of the coronavirus pandemic, Minister of State for Transportation, Senator Gbemisola Saraki has said.

The Minister stated this on Wednesday while playing host to a delegation of the Public Transport Owners of Nigeria Association, PTONA, led by its President, Engineer Isaac Uhunwagbo.

Senator Saraki told the delegation that the fund which is intended to cushion the sufferings encountered by road transport workers and operators as a result of the novel virus is domiciled with the Federal Ministry of Trade, Industry, and Investment stressing that the Federal Ministry of Transportation is already working on the modalities for its disbursement.

While noting that more than 90 per cent of Nigerians travel by road, the Minister added that the President Muhammadu Buhari-led government is devising strategies aimed at revamping the sector for the benefit of Nigerians.

READ:  ONDO 2020: Ondo PDP leaders ask Judge to withdraw from suit over party Congresses

Reacting to challenges operators face from state governments and other stakeholders, the Minister gave the assurance that she will discuss the issues through the National Transport Commissioners Forum, adding that talks are ongoing with the Federal Ministry of Works and Housing on the concessions of some routes, to increase revenue generation for the government.

ALSO READ: Herbalist asked me to escape to provide blood for spirits ― Ibadan serial killer

In his response, Engr. Uhunwagho, said the visit is to keep the Minister abreast of the challenges confronting the association and commended her effort since her appointment by President Buhari.

He also demanded COVID-19 financial palliatives for members of the association to prevent their businesses from folding up even as he noted that PTONA members felt the impact of the pandemic the most owing to the ban placed on interstate travel by the federal government to prevent the spread of the virus.

READ:  Group lauds Sanwo-Olu’s intervention in entertainment industry

He further lamented that despite PTONA members being major investors in the transportation sector, “it is ironical that their companies are the prime target for state and local government authorities who impose taxes, levies, and other ridiculous conditions,” while leaving the general motor parks.

Vanguard News Nigeria.

The post COVID-19: FG approves N10 billion for transport sector appeared first on Vanguard News.

LT Staff

Next Post

Tacha reveals what she does every night

3 weeks ago
Reality TV star and Big Brother Naija star, Natacha Akide popularly known as Tacha has revealed what she always does every night. She made this known as she shared some lovely photos on her Instagram handle. Her photo has really garnered some lovely views as well. Sharing the photos, she […]<!-- AddThis Advanced Settings above via filter on wp_trim_excerpt --><!-- AddThis Advanced Settings below via filter on wp_trim_excerpt --><!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts below via filter on wp_trim_excerpt --><div class="at-below-post-recommended addthis_tool" ></div><!-- AddThis Related Posts generic via filter on wp_trim_excerpt -->