Royal Times of Nigeria.
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
TRENDING
Alleged killing: CSO writes A-Ibom CP over prolonged...
JUST IN; 10 ships shortlisted as possible origin...
Nigeria ranks lowest on affordable internet – Global...
World Bank to erect 159 schools, modernize 69...
Newspaper vendors in Aba criticize harassment by security...
Goods worth millions destroys in Sabo market Oyo
It is the right time to bring football...
FG extends tenure of MNOs on NIN/SIM
Matawalle vows to arrest any politician sponsoring bandits
Igbo can feed themselves – South East group
Kwara, Oyo collaborate on security, economic matters
US President celebrates Gorbachev on His birthday
Emir of Kagara, Salihu Tanko is dead
Olympic Merseille Chief Scout arrives Ilorin for 1st...
Warri-Uvwie drainage projects will be ready in 2022-...

Royal Times of Nigeria.

Banner
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
Business & EconomyNewsROYAL FM BROADCAST NEWS

Transport owners call for lifting of inter-state travel ban

written by Taiwo Adediran June 26, 2020
Transport owners call for lifting of inter-state travel ban

Transport owners under the aegies of Public Transport Owners of Nigeria Association have appealed to the Federal Government to lift the ban on their operation.

The bus owners comprising luxury coaches and mini buses bemoaned the financial losses so far suffered by their members since the ban came into effect as part of the measures preventing the spread of COVID-19 put their losses in the region of 200 billion.

The bus owners recalled that for almost four months, their vehicles have been parked which is dangerous to the state of the vehicles. They, therefore, called on the government to intervene with a special fund to save their already battered businesses, even as they drew attention to the debilitating concomitants of the ban on the travelling public and the economy generally.

The transporters made the appeal in Lagos explaining that road transport accounts for 90 percent of movements in the country, and deserves priority consideration in the prevailing situation. According to the National President of PTONA, Isaac Uhunmwagho, the transporters are saddled with heavy burdens and need incentives to enable them revive their businesses after the ban.

They had earlier forwarded a  request for a bailout in form of a N20 billion intervention fund through the office of Vice President and Chairman of the Presidential Economic Sustainability Committee on COVID-19 pandemic, Prof. Yemi Osinbajo, in April.

The association, however, warned that the adverse effects of the ban on inter-city travels are so dire that many of the transport firms and businesses stifled by the consequences “are bound to go bankrupt”, if the prohibition is reversed without bailout.

Join our twitter community :

Follow @royaltimesng
0 comment
0
Facebook Twitter Google + Pinterest
Taiwo Adediran

previous post
UK Govt Under Pressure To Lift Cricket COVID-19 Ban
next post
Nigeria faces worst recession in four decades — World Bank

You may also like

Photos: Buhari receives briefing from Osinbajo at state...

August 21, 2017

‘Do not try us’: Trump warns North Korea

November 8, 2017

Police Raid House Of Zuma’s Allies In Graft...

February 14, 2018

South Korea’s Moon seeks fourth summit with North...

April 15, 2019

Nurse association disown suspected placenta seller in Kwara

November 9, 2018

FG warns state govts, LGA’s to brace up...

September 8, 2017

Court refuses Metuh’s application for suspension of trial

June 20, 2017

Offa robbery: Senator-elect calls for unity, prayers year...

April 5, 2019

Governor’s wife warns against child abuse

February 12, 2020

U.S set to groom 15 million women entrepreneurs...

September 17, 2019
Facebook
  • Elon Musk toppled as world richest man, loses $15 billion

    February 23, 2021
  • Davido named among world most influential people by TIME Magazine

    February 18, 2021
  • Why I married Tonto Dikeh’s ex-husband – Rosy Meurer

    February 18, 2021
  • Tessica Brown to donate $20K of Her GoFundMe Money to reconstructive surgery Organization

    February 16, 2021
  • Nigerian gospel singer Sinach releases new single ‘Greatest Lord’

    February 15, 2021
  • It is the right time to bring football home- Boris Johnson

    March 3, 2021
  • Olympic Merseille Chief Scout arrives Ilorin for 1st Governor AA Talent Hunt

    March 2, 2021
  • I don’t want the COVID-19 vaccine – Blake

    March 1, 2021
  • Kidnapped United FC driver regains freedom

    February 25, 2021
  • Liverpool goalkeeper father found dead

    February 25, 2021
  • Facebook
  • Twitter
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy

@2017 -Royaltimes of Nigeria. All Right Reserved.