Road transport companies seek special stimulus | The Guardian Nigeria News - Nigeria and World News

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“To do otherwise will amount to throwing the sector into unfathomable crisis, the result of which may radically alter the sector’s growing contribution to the country’s Gross Domestic Product.”

As Nigeria confronts the challenge of rebuilding the economy from the ruins of COVID-19 pandemic, the Association of Private Transport Companies of Nigeria has called on the President Muhammadu Buhari-led administration to consider a special stimulus plan for the nation’s transport sector.

Gaddo, in a statement titled: “Save Nigeria’s Road Transport Sector”, said that government intervention had become necessary because road transport companies, in furtherance of government’s effort at containing the pandemic, will be forced to carry less passengers without significant increases in fares in addition to other unavoidable operating costs.

He also urged the government to be deliberate and strategic in forging a united response to the COVID-19 pandemic with the organised road transport companies made an integral part of the stakeholder team, and regularly consulted on the way forward. “We call on the Nigerian government and its agencies to urgently consider implementing tax waivers, access to cheap funds and special grants for APTCON members to assist us overcome the economic meltdown triggered by COVID-19 pandemic.

Notable road transport companies, among others, that dominate the country’s transportation landscape include God Is Good Motors , GUO Transport, The Young Shall Grow Motors, ABC Transport, Chisco Transport, EFEX, Peace Mass Transit, Edegbe Motors, Benue Links and Rivers Transport Company. “The transport sector, particularly the road segment which holds more than 90% of the about 2% contribution to GDP, has come off worse, with concerns raised over massive job losses.

 

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MC Oluomo to the rescue? I think not. All that money gone to Partê after Partê..

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