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Travel › Transporters Increase Fare Over Economic Crisis by NwaNimo1(op): 6:46pm On Jul 26, 2022

Private transport owners have announced a 25 percent increase in fares for commercial trips on inter state routes.

In a memo issued on Tuesday, the Association of Private Transport Company Owners of Nigeria (APTCON) asked its members to effect the increase from August 25, 2022.

The development comes after Premium Breadmakers Association of Nigeria (PBAN) announced that the price of bread is expected to rise by 20 percent over the increase in price of raw materials occasioned by the ongoing war between Russia and Ukraine.

The transporters said owing to the prevalent harsh economic situation as well as the recently announced increase in petrol pump price across the country, the board of APTCON, in collaboration with its member companies, deliberated and unanimously agreed that a marginal increase in interstate transportation fares is inevitable.

The operators also explained that this increase was borne out of the “downturn that has greatly affected all sectors of the economy, especially transportation. In response to the high cost of operations, while many trade associations have increased charges as a means of survival, some others, like the elitist airlines, have received post pandemic intervention funds from the government.”

The group pointed out scarcity of forex and high exchange rates have made it impossible for transporters to purchase new vehicles while cost of spare parts for vehicle maintenance has risen by almost 80%.

‘’These challenges have taken a significant toll on the revenue of private transport company owners across Nigeria as most transporters are either operating at a loss or at cost. While some have had to shut down operations completely, many others have expressed their inability to pay salaries much less run profitably.

‘’To address the situation, APTCON hereby implores all private interstate passenger transport company owners of Nigeria to increase bus fares by at least 25% effective 25th August, 2022.

“It is important to mention that although this increase will be beneficial to all stakeholders, it will only work if we all work hand in hand to enforce it at our various parks, stations and terminals,” it said.

https://dailytrust.com/transporters-increase-fare-over-economic-crisis

3 Likes

Politics › Re: No Bomb Explosion In Kogi Office, It Was A Plastic Bottle & Insecticide (Photos) by NwaNimo1(m): 5:36pm On Jul 26, 2022

Unknown Bomb Blast.......

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..reported by an Unknown blogger!

219 Likes 9 Shares

Politics › Re: Ekweremadu's Wife, Beatrice Nwanneka, Granted Bail by NwaNimo1(m): 9:43pm On Jul 25, 2022

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Education › Re: FG Shuts Down All Unity Schools In Abuja Over Security Threats by NwaNimo1(m): 4:58pm On Jul 25, 2022

Abuja has fallen......

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46 Likes 4 Shares

Business › Re: ASR Africa Donates 3million USD For Development Initiative In Niger Republic by NwaNimo1(m): 2:54pm On Jul 25, 2022

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Politics › Re: Atiku: Tinubu Jostled To Be VP On Muslim-Muslim Ticket To Buhari by NwaNimo1(m): 2:51pm On Jul 25, 2022

Islamist......

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5 Likes

Crime › Re: Police Officer Caught Demanding And Collecting Bribe From Motorist by NwaNimo1(m): 11:10am On Jul 25, 2022

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12 Likes 4 Shares

Politics › Re: Buhari, Atiku, Obi Congratulate Amusan, Brume by NwaNimo1(m): 11:09am On Jul 25, 2022

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2 Likes 1 Share

Travel › Re: LASG Gives Update On Reconstruction Of Adeniji Adele, Okepopo And Tapa Streets by NwaNimo1(m): 11:07am On Jul 25, 2022

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Politics › Re: Osun PDP, Babayemi Trade Accusations Over Court Case by NwaNimo1(m): 7:43am On Jul 25, 2022

Supreme court judgement loading

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4 Likes

Politics › Re: Peter Obi: Politicians Must Use Public Offices To Serve The People by NwaNimo1(m): 7:41am On Jul 25, 2022

Not in Nijeria

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1 Like

Politics › Re: Photos Of Senator Ademola Adeleke In This Year Convocation In Adeleke University by NwaNimo1(m): 10:21pm On Jul 24, 2022

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Family › Re: Couples: If Given Opportunity, Would You Renew Your Marriage Vow After 2 Years? by NwaNimo1(m): 10:12pm On Jul 24, 2022

Renew.......or Withdraw/annul/reverse!

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55 Likes 2 Shares

Politics › Re: Olowu Kuta Celebrates Buratai As He’s Turbaned ‘garkuwan Keffi by NwaNimo1(m): 9:48pm On Jul 24, 2022

Another Boko Haramist turbaned.....

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2 Likes 1 Share

Politics › Re: Mikano Denies Link With Atiku Abubakar by NwaNimo1(m): 9:48pm On Jul 24, 2022

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Sports › Re: Desire Oparanozie Wins Chinese Women's Cup. by NwaNimo1(m): 7:13pm On Jul 24, 2022

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Foreign Affairs › Ukraine War: Russia Denies Causing Global Food Crisis by NwaNimo1(op): 6:58pm On Jul 24, 2022

Russia's Foreign Minister, Sergei Lavrov, on a diplomatic offensive in Egypt, has dismissed claims that Moscow caused the global food crisis.

In a speech to Arab League ambassadors in Cairo, he said Western nations were distorting the truth about the impact of sanctions on global food security.

He accused Western nations of trying to impose their dominance over others.

Much of the Arab world and Africa is badly affected by grain shortages caused by Russia's war in Ukraine.

A landmark deal struck only this week to resume Ukraine's grain exports hangs in the balance after Russia attacked targets in the port of Odesa on Saturday.

Mr Lavrov will go on to visit three African nations to rally support amid anger over the war.

Mr Lavrov said that Western nations' "aggressiveness" in imposing sanctions on Russia indicated one simple conclusion: "It is not about Ukraine, it is about the future of the world order.

"They say everybody must support a rules-based world order, and the rules are written depending on what specific situation the West wants to resolve in its own favour."

Earlier, Mr Lavrov held talks with his Egyptian counterpart, Sameh Shoukry.

Egypt has significant ties with Russia, which supplies wheat, weapons and - until the invasion of Ukraine began - large numbers of tourists.

After his talks with Mr Shoukry, Mr Lavrov told a joint news conference that the West was prolonging the conflict even though it understood "what and whose end it will be".

It is the first stage for Mr Lavrov of a brief tour of Africa taking in Ethiopia, Uganda and Congo-Brazzaville.

In an article published by local newspapers in the run-up to his tour, Mr Lavrov said his country had always "sincerely supported Africans in their struggle for freedom from the colonial yoke".

He added that Russia appreciated Africans' "balanced position" on the issue of Ukraine.

How much grain is stuck in Ukraine?
Ukraine and Russia usually supply more than 40% of Africa's wheat, the African Development Bank says.

Egypt is normally a big consumer of Ukrainian wheat. In 2019, it imported 3.62 million tonnes of it, more than any country.

But in his article, Mr Lavrov rejected the accusation that Russia was "exporting famine" and blamed it on Western propaganda.

He added that Western sanctions imposed on Russia had exacerbated "negative tendencies" in the international food market that stemmed from the coronavirus pandemic.

Sergei Lavrov is trying to convince African countries that they are better off siding with Russia than the West - using phrases like "we'll help you complete the process of decolonisation".

But it is clear across much of the continent that there is a reluctance to take sides over the war in Ukraine. The Cold War had a devastating impact, fuelling conflicts in Africa and halting development.

Right now, of greatest concern is the spiralling cost of food and fuel. More than 40% of Africa's wheat comes from Russia and Ukraine.

Some African leaders will be aware that when people cannot afford to eat, their own positions in power are less secure.

https://www.bbc.co.uk/news/world-middle-east-62284377

https://ichef.bbci.co.uk/news/976/cpsprodpb/11F83/production/_126030637_hi077595101.jpg

Politics › Re: Jimoh Ibrahim Bags Cambridge's First Business Doctorate Degree (Video) by NwaNimo1(m): 12:37pm On Jul 24, 2022

Cambridge don become yeye university?

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3 Likes 1 Share

Politics › Re: Climate Clock Seeks Awareness To Achieve SDG Target On Climate Change by NwaNimo1(m): 10:02pm On Jul 23, 2022

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Politics › Re: Governance: Zulum Of Borno Vs Ortom Of Benue - Angula Bishop Reuben by NwaNimo1(m): 8:05pm On Jul 23, 2022

IDP Governors.....

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7 Likes 3 Shares

Politics › Re: Power Rotation: Fayose Reading PDP’s Constitution Upside Down – Atiku by NwaNimo1(m): 3:48pm On Jul 23, 2022

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2 Likes 1 Share

Politics › Re: Nigerians Engage In ‘Unknown Bishop Challenge’ To Mock APC (photos) by NwaNimo1(m): 11:35am On Jul 23, 2022

Wetin dey no fake for naija?

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75 Likes 7 Shares

Car Talk › Re: OCI Foundation Rewards Partner, Dr. Epunam With Mercedes SUV by NwaNimo1(m): 9:46pm On Jul 22, 2022

....the 'wheel arch' get dent,

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2 Likes

Politics › Re: Nigeria’s Unity Beyond 2023 Is My Priority – Buhari by NwaNimo1(m): 9:45pm On Jul 22, 2022

moslem/moslem no go work.....

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10 Likes 1 Share

Politics › Re: Why We Visited Peoples Gazette's Office – Police by NwaNimo1(m): 8:56pm On Jul 22, 2022

...they should visit all bloggers!

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Foreign Affairs › Re: Ukraine, Russia Sign Grain Export Deal by NwaNimo1(m): 8:49pm On Jul 22, 2022

Exactly what I would have done.....

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6 Likes

Food › Re: How I Prepared 2 Yam Delicacies. Which One Do You Prefer? (pics And Videos) by NwaNimo1(m): 8:03pm On Jul 22, 2022*

,,,,both,

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4 Likes 1 Share

Politics › Re: The Real Motive Behind Buhari's Privatization Of The NNPC by NwaNimo1(m): 10:43pm On Jul 21, 2022

Dangote owns NNPC LTD

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2 Likes

Politics › Re: Zainab Ahmed: FG To Spend N6.72trn On Subsidy In 2023 by NwaNimo1(m): 10:13pm On Jul 21, 2022

To dangote?

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6 Likes

Politics › Re: Sowore Replies Peter Obi On National Grid Collapse by NwaNimo1(m): 10:06pm On Jul 21, 2022

He served GEJ for 2 months or less....

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49 Likes 1 Share

Crime › Re: Nigerian Man Shot Dead By Armed Robbers In South Africa by NwaNimo1(m): 9:37pm On Jul 21, 2022

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3 Likes

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