Category: Transportation

  • Night travels still driving transportation economy

    Night travels still driving transportation economy

    Despite the raging harsh economic conditions, worrisome spate of accidents and growing insecurity, Nigerians have continued to travel at night when the need arises, leading to sustained boom in operators’ businesses. ADEYINKA ADERIBIGBE writes on the many reasons why it has remained a thriving business

    Transportation–either for commuters or the operators, especially night travels in Nigeria–is not a tea party or for the faint-hearted.

    This correspondent discovered that despite all odds, many Nigerians have continued to travel at night, the growing insecurity, and harsh economic realities, notwithstanding. For these Nigerians, the goodnight Lagos, and good morning at their destinations–Abuja, or wherever, be it the Southeast, or any towns in the Northeast, as far as Maiduguri, is an allure that cannot be traded for anything or wished away. It is the reason night travels will always trump day trips whenever the need for long distance trip arises.

    Besides the convenience, many said the fear of insecurity is even abating now with the numerous checkpoints mounted by Nigeria’s security agencies which come alive at night on the country’s highways.

    The Nation’s investigation showed that businessmen and women formed the bulk of night travellers. One of such, Ikechukwu Obiora has been a night traveller since 1993, even as a boy learning auto spare parts business.

    Now, going to his home state in Anambra, or coordinating his growing business, in the past 31 years, have always been by night trips. He cannot remember when last he made a day trip, except if it is not an interstate.

    Asked if he is not bothered by the growing insecurity, Mr Obiora said: “Even daytime travelling isn’t better as people still get robbed, abducted or killed or injured from serious accidents.”

    Like before, over 80 per cent of nighttime travellers are still businessmen and women. Night trips, for some reasons, have been very favourable to businessmen; either for personal travel or logistics reasons for their businesses.

    Notable operators who have continued to operate at night have to rely on luxury buses, many of which have seen better days, as many of them were bought in the early to late ‘90s. Virtually all operators spoken to during this investigation at Jibowu and Agboju, two of the over 100 major parks across Lagos State admitted that no operator bought new luxury vehicles to replace the aging ones in the past 25 years.

    The result is that many of the buses due to age are no longer in good condition and cases of malfunctioning are rampant today, compared to early to mid-8‘0s when night trips gained popularity. This usually results in delays and unpalatable experiences by patrons as these could even happen in the dead of the night.

    Mrs. Kate Onyeabuchi recalled such a nightmarish experience when their vehicle developed a major fault at night and they had to sleep overnight in the middle of nowhere until daybreak. Yet, such incidents won’t dampen her interest to travel by night.

    Investigation shows that some of these operators are culpable of putting rickety vehicles on the road. Many of the passengers are hoodwinked by the longstanding names of the operators, while, for others, fresh dab of colour are used to mask the grievous state of a wearied engine they put on the road to service interstate roads. Due to age, many of the buses packed waiting for passengers at Jibowu and Agboju areas, two of the places noted as interstate hubs are rickety, with torn seats, poor interior lighting and other sundry issues.

    But none of these reasons, including a poor network of roads which could make night trips worrisome, would deter commuters who said that night trips remained their preference. As more Nigerians embrace this mode of travel, it underscores a broader shift in transportation preferences and lifestyle choices. 

    They said rather than spend the day time on a boring trip with accompanied heat and traffic congestion which often causes delays and increases travel time, night time ensures a more comfortable ambience, a relaxed traffic and the opportunity to even take a deserving nap at night leaving you refreshed and ready for the day’s business by dawn of the next day.

    Commuters have increasingly seen night journeys as safer and faster despite warnings by officials of the Federal Road Safety Corps (FRSC) and other relevant agencies about the dangers and risk associated with such trips.

    Some commuters pointedly said that they had resorted to night trips because they could not afford the high fares since the removal of petrol subsidy last year by the Tinubu administration.

    Dave Obibi, a Lagos-based teacher cited his Christmas trip back home last year with his family. He said he couldn’t afford the cost for day time and resorted to travel by night which is affordable. Obibi, who is heading back to check on his parents, said he would be able to take his ailing dad for medical checkup and nurse him back to health, before returning to Lagos at the end of the long vacation.

    Many of the bus operators are also able to deploy GPS tracking solutions to track in real time their vehicles and secure up-to-date information about their location, making night travel more comfortable and efficient.

    The rise of mobile apps and virtual money have also made it possible for passengers to book and pay their fare online; thereby making planning and managing night travel much easier. Travelers are able to book tickets, check schedules, and receive updates directly from their smartphones, adding convenience and reassurance to their journey experience.

    Peter Idahosa, an assistant station manager of a popular operator at Jibowu said rather than bothering about the worsening insecurity, operators are more concerned about the worsening state of highway roads across the country. He urged the Federal Government to fix the roads as this would give the needed fillip to those in the travel and logistics business.

    Kenneth Odeh, a station manager with a transport company based in Bolade, in Oshodi, confirmed that unlike the last one decade security has improved significantly and insecurity is not top priority among the challenges for operators.

     According to him, unlike before when all luxury buses are accompanied by policemen and Federal SARS, many operators no longer go with security details while those who still do now employ trained in-house personnel and even first aiders to accompany their vehicles in case of medical emergencies on the road. He said traveling with security men could expose the vehicles to attack from armed gangs prowling on the road.

    “Largely today, because of the improved security, most luxury bus operators do not put security men on our buses. Most of us go in convoy and that provides some safety net and if any of our vehicles or any vehicle from our park runs into crisis, whether attacked or it breaks down, we will all wait to offer assistance and ensure the safety of all the passengers,” Odeh said.

     Botched move

    The Nigerian Senate, in 2011, had attempted to ban night travels. In a motion by Senator Chris Anyanwu, from Imo State, she had lobbied her colleagues to ban night travels to arrest the spate of carnage on the road and to curb the growing insecurity. However, other lawmakers argued that such a ban would infringe on the people’s right to free movement, but resolved to direct the Federal Government to speed up on road rehabilitation and to better equip the FRSC to perform their statutory functions of ensuring that the road is safe.

     Scary statistics

    But the FRSC would insist that road monitoring is a cumbersome exercise at night. It insisted on advising Nigerians to stop night traveling to avoid road carnage.

    According to its road traffic crashes statistics, FRSC claimed that about 4,387 people were killed through road crashes between January to June 2023, across the 36 states and the Federal Capital Territory (FCT), while 14,108 others sustained different forms of injuries within the same period.

    Also, between December 23, 2023 and January 2, 2024, five crashes recorded across the country accounted for 58 deaths and all accidents occurred by night.

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    While admitting that the rate of accidents had indeed dropped significantly, in recent time, yet, fatality rate anytime accidents are recorded is scary.

    FRSC have consistently warned Nigerians and transporters about the dangers of night travel.

    The agency also warned luxury bus owners to keep their vehicles in good condition always and not to use them at night in view of the risk involved.

    However, despite the warning, night travelling is gaining popularity among commuters in the country, especially in big cities like Lagos and Abuja.

    A top official of the FRSC told The Nation that night travel often comes with poor visibility and, in most cases; the drivers do not observe adequate rest in the daytime before embarking on the trips.

    “That is why the level of fatigue is on the rise and many would not park to get some rest because of security reasons.

    “We have deployed patrol vehicles, tow trucks, bikes and ambulances for rescue and emergency operations to our formations nationwide.

    “This deployment is among others targeted at increasing visibility on the highways and also ensuring prompt removal of obstructions and enhancing effective patrol operations,” the official who spoke to our correspondent ii confidence said.

     Lifestyle preference

     But many who preferred night trips say the risk is worth taking if juxtaposed with the huge benefits derived from it. “I regularly travel at night because of my business, I supply goods to my customers in Aba and I can’t waste my time going in the day, the last time I tried it, I spent two days on the road.

    “The many checkpoints and roadblocks on the Southeast roads are something else. These, coupled with bad roads, lead to traffic congestion making the journey a nightmare,” Isaac Okafor, a businessman, said.

    Okafor stressed that he was not bothered about the security implications of night trips, adding that even the day is not safer. “There is more security on the roads at night than in the day,” he added.

    Okafor may be right, at the Agege, Jibowu, Agboju and Oshodi parks visited by our correspondent, same pattern was recorded: Passengers merely strolled in up till 5pm to book their seats for the night journey to different parts of the country, especially Abuja, Southsouth and Southeast. The parks do not get busy until 7:00 p.m. when travellers who either had booked online or had earlier come to book come in and loading the buses with cargo begins. At around 8:00 p.m., passenger loading commences and by 9:00 p.m., the bus(es) are ready to leave the station en route to their destinations, Abuja or the East.

    Though Abuja-bound travellers enjoy more compact and urbane Sienna cars or Hiace buses popularly called Hummer buses by locals, most transport companies dedicate luxury buses for night journeys because they are studier and rugged for the bad road terrain.

    Logistics is a major business component of all transport operators. Traders and businessmen were seen thronging the logistics section to weigh their goods and ensure they are loaded, whether or not they are on the bus themselves. It is a huge business.

     Big cash business

     At Jibowu, a manager in one of the parks, simply known as Mr Gabriel, said all the parks are under the same umbrella and they operate the same fare either for Abuja or the Southeast.

    Gabriel, who disclosed that 15 stations are in Jibowu, said on a good day, seven 57-seater buses are loaded from Jibowu alone. Similar experiences may be recorded across all the over 100 parks scattered across the state daily.

    Calculated at N25,000 per passenger, to either Abuja, or the Southeast or Southsouth, an operator could rake in N1.350 million per day, while all operators on a good day could make N17.5 million, or about N87.5 million weekly on ticket sales alone. This is apart from what they raked in from cargo fares. With over 100 such stations scattered around the state, Lagos and many urban centres across the country are sitting on a billion naira economy weekly, just on night travels.

    Chukwudi Okoro, an auto parts seller in Anambra, said that he frequents Lagos weekly to restock parts and other equipment and said he prefers night trips by luxury buses because it is less stressful and affords him the opportunity of going with his goods.

    “I take a night journey because it is faster and more convenient for me to move what I have. People say there is danger, but I have never experienced any problem.

    “For businessmen, daytime is horrible for business as security operatives could extort the hell out of you and if you do not give them money, they would seize your goods no matter how much it is worth,” he said.

    Another night traveller, Josephine Akor, said she is a frequent night traveller as she shuttles Abuja at least twice a month for business.

    Though she said she realized it was risky, the option of going by flight had dimmed since last year when flight tickets began to rocket.

    “I understand that a night journey could turn awry, but I have no choice. I have so many things to do in Abuja, and at least twice a month, I hit the road en route. Until I rent a place there, I might have to resort to these trips,” Akor said.

    Yusuf Tanimowo, an unemployed graduate who confessed some trepidation at the prospect of the trip to Abuja, said he had no choice as he had even to borrow some money to add to what he had, to buy the ticket for the trip. He was going to Abuja for an interview at the Federal Civil Service Commission (FCSC). Though his chance may look slim, he, nonetheless, decided to seize it and pray it leads him somewhere.

    “Though I am a bit afraid, I’m prepared for this journey, though it is my first time going to Abuja, my brother; forget, it is only God that is guarding us.

    “I can’t travel by plane, because I don’t have money for a ticket; perhaps if railway had been extended to Abuja, I could have considered it but our government had made things difficult and left the people with no choice than to expose themselves to avoidable risks because alternatives are limited for the masses of the people,” he added.

    But Berth Chukwu, a loader with one of the transport companies at Agege Park, listed the many reasons he felt night travels continue to thrive. Ranking high in his reckoning is the low fare attraction. Besides, road accidents are becoming rare since the federal government decided to work on many of the roads; turning them from single to double lanes.

    “Since 2023 till date, we have not recorded any accident unlike before. This reinforces the confidence of people and this reflects on the boom we are experiencing.

    “Significantly, the temperature at night is cooler making travelling better and more enjoyable. Before day break you have reached your destination. There is also no disturbance or traffic congestion during the night,” he said.

    Chukwu added that the deployment of technology which has seen a rise in cashless transactions is a major boost to the business as it has discouraged armed robbers and other criminals from attacking night buses knowing people don’t carry cash any more.

    “We now have cashless transactions, so robbers know that people don’t carry money again; there is no point attacking buses and commuters.

    “Also, the country is hard now; the night bus fare is low when you compare it to buses that move during the day.

    “Day buses can charge N29, 000, N27, 000 for a journey to any South-East states and night buses can collect N18, 000 or less to Abuja and about N25, 000 to the Southeast.

    Conclusion

    The advantage of luxury buses is that they are more stable, especially on rough roads than smaller buses which are susceptible to accidents. This is even more because the luxury buses are driven by professionals who are proficient in defensive driving.

    He stressed that the high cost of diesel and gas has also affected fare and transport business in recent times, urging the government to intervene.

    “Even if the government cannot reverse the subsidy, they could subsidise transportation. They did it in the yuletide season and Nigerians were happy. Let them devise a way to give relief to operators as this would lead to a significant drop in the cost of transportation and this would cascade down to everything as transportation cost would be reflective.” a traveller said.

    But whether or not the Federal Government did anything to bring down the cost, travellers would continue to make night journeys their preference.

    “The benefits far outweigh its risks,” was how Mrs Ojuawo, another traveller heading to Abuja sums it.

  • Caverton Marine partners with ExploMar to electrify Lagos ferries

    Caverton Marine partners with ExploMar to electrify Lagos ferries

    Caverton Marine Limited, a leading Nigerian provider of marine logistics services, has announced partnership with ExploMar (Suzhou) Energy Technology Co. Ltd. of China. This partnership is aimed  sustainable transportation in Nigeria, as Caverton Marine integrates electric outboard engines from ExploMar into the recently launched passenger ferries aptly named OMIBUS.

    The OMIBUS, built by Caverton Marine in its facilities in Lagos, Nigeria, were recently commissioned by the Lagos State Government. 

    By equipping these ferries with ExploMar’s advanced electric outboard systems, Caverton Marine is not only enhancing the operational efficiency of its fleet but also contributing to the reduction of carbon emissions and environmental impact.

    ExplorMar Battery Pack

    Caverton Marine, in collaboration with the Lagos State government, successfully launched a pilot programme  for the OMIBUS two weeks ago (July 29th) to ascertain operating expenses. 

    One of the key takeaways from this pilot programme is the significant impact of the removal of the fuel subsidy on operations and, ultimately, the cost of a ferry ticket. This underscores the urgent need to explore alternative cheaper and cleaner forms of propulsion for the ferries.

    ExplorMar Charging Unit 

    This collaboration between Caverton Marine and ExploMar underscores a commitment to sustainable innovation. The electric outboard engines from ExploMar will significantly reduce the environmental footprint of the ferries, promoting cleaner waterways and air quality in Lagos. ExploMar’s state-of-the-art electric outboard systems are designed for high performance and reliability. These engines will improve the operational efficiency of the ferries, offering quieter and more cost-effective alternatives to traditional fossil fuel engines.

    OMIBUSES at Caverton Marine Boatyard, Badore Ferry Terminal, Badore, Lagos

    Commenting on the partnership, Bode Makanjuola, CEOof Group Caverton Offshore Support Group, said: “This agreement with ExploMar represents a significant milestone in our journey towards sustainable maritime operations. By leveraging ExploMar’s cutting-edge technology, we are setting new standards for passenger ferry services in Nigeria and demonstrating our commitment to a greener future. This initiative not only supports environmental goals but also aligns with Caverton Marine’s mission to empower local industries. The electrification of our marine vessels showcases the potential for homegrown solutions to address global challenges.”

    WAVE 300, WAVE 150+ and WAVE 70+

    ExploMar’s CEO, Alex Dong, added: “We are thrilled to collaborate with Caverton Marine on this groundbreaking project. The ferries equipped with our electric outboard systems will serve as a model for sustainable marine transport, not just in Nigeria but across Africa. The partnership was born out of our proactive engagement, recognizing the need for innovative solutions in Nigeria and across Africa. This collaboration promises to deliver substantial benefits, including reduced operational costs, enhanced passenger experience, and a positive environmental impact.”

  • Sanusi introduces first electric motorcycles, solar powered tricycles in Oyo

    Sanusi introduces first electric motorcycles, solar powered tricycles in Oyo

    An Ibadan-born business mogul and philanthropist Engr. Dotun Sanusi has introduced first batch of electric motorcycles and solar powered tricycles in Oyo State

    This significant development comes shortly after Sanusi’s recent introduction of the first electric bus in the State, marking a major step towards sustainable transportation.

    Speaking in Ibadan at the unveiling ceremony, Sanusi’s reiterated commitment towards transforming transportation sector in the State which according to him was an evident when he initially announced his plans to bring electric buses to the pacesetter state. 

    He noted that the first set of electric motorcycles and solar powered tricycles will brings new era of eco-friendly transportation for residents of Ona Ara local government, Ibadan and beyond.

    He highlighted importance of adopting green technology towards combating environmental challenges and enhance quality of life for residents of the state. 

    According to him: “The arrival of these electric motorcycles and solar powered tricycles is a testament to our dedication to the economic development of our beloved state.

    “We are committed to reducing our carbon footprint and providing efficient, cost-effective transportation options for our people.”

    According to him, the introduction of  electric vehicle, motorcycles and solar powered tricycles are expected to significantly reduce air pollution and noise levels, contributing to a healthier environment.

    He said these transformations will offer lower operating costs compared to traditional petrol-powered means of transportation, making them an economically viable option for many.

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    Residents of Akaran, Amuloko, Olunloyo, Adesola,  Olorunsogo and environs expressed excitement and gratitude for the innovative initiative.

    Local leaders and community members praised Sanusi’s vision and leadership in driving this change, noting the positive impacts it will have on the state’s transportation infrastructure and environmental sustainability.

    The residents said as the first electric motorcycles and solar powered tricycles begin to operate in Ilaji, the state is poised to become a leader in green transportation within Nigeria, saying the initiative aligns with global trends towards sustainable mobility solutions and sets a precedent for other regions to follow.

    Sanusi-vehicles
  • Why CNG vehicles can work In Nigeria – A rejoinder to Babachir Lawal

    Why CNG vehicles can work In Nigeria – A rejoinder to Babachir Lawal

    • By Dami Agboola

    In a commencement speech on the 26th of May 2011, at Harvard University, the former president of Liberia – Ellen Johnson Sirleaf admonished the Harvard Graduating class of 2011 with the following: “I urge you to be fearless about the future. Just because something has not been done yet, doesn’t mean it can’t be…….The size of your dreams must always exceed your current capacity to achieve them. If your dreams do not scare you, they are not big enough.”

    It is from the lens of being fearless about our collective future that Mr. President on May 29, 2023 at the Eagle square announced the end of fuel subsidy which subsequently ushered in the initiative and drive for the adoption of CNG as an alternative fuel.

    It is pertinent to examine critical concerns raised by well meaning patriotic former government officials such as those raised in the article published in the Daily Trust newspaper of May 18th 2024.

    Babachir Lawal’s argument against the feasibility of Compressed Natural Gas (CNG) vehicles in Nigeria is premised on the lack of infrastructure and perceived government inefficiency. While his concerns are valid, they reflect a short-term perspective rather than considering the long-term benefits and potential solutions.

    Lawal argues that CNG vehicles cannot work without widespread refueling infrastructure. This is true; however, infrastructural development is a gradual process. The government’s directive to convert vehicles to CNG is a step towards reducing dependency on imported fuel and utilizing Nigeria’s abundant natural gas reserves. By prioritizing infrastructure development, the government can create a sustainable CNG network. The success of such projects in other countries demonstrates that Nigeria can achieve this with proper planning and investment.

    To further counter this argument of infrastructure, using the example of Adamawa, according to the Adamawa office of the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in 2022, it renewed the operation licenses of about 85 percent of the existing 530 petroleum stations in the state. Meaning there were 425 petrol stations serving an equivalent 2022 population of 4.9 million people. Would you argue that is the appropriate infrastructure? Lack of infrastructure represents an investment opportunity for the private sector, and with the influx of investments into CNG since last year when the President blew the whistle and the package of incentives the sector have received including duty and tax waiver, concessionary pricing and mandate of Purchase by the FEC, there is no better time to invest in Compressed Natural Gas (CNG). 

    The economic benefits of CNG for transportation are significant. CNG is cheaper than petrol and diesel, reducing operational costs for vehicles. For a country grappling with high fuel costs, this transition could alleviate financial pressure on both the government and consumers. Additionally, CNG is cleaner than other fossil fuels, contributing to a reduction in greenhouse gas emissions. This aligns with global environmental goals and can help Nigeria meet its climate commitments. Natural gas supply especially non-associated is reliable and can be harnessed from the billions of cubic feet of gas flared annually, if we plan and put our mind and heart to it. Gas vehicles are also more reliable, they require less maintenance and overall benefit the user economically.

    Former SGF Lawal mentions the need for a comprehensive implementation strategy, which is essential. The government has outlined a phased and systematic approach, starting with major urban centers and gradually expanding to rural areas as indicated in its roadmap. The professionalism of the Presidential CNG Initiative’s team must be noted; the energy the Dr Zacch Adedeji team has brought to the task has been astounding propelled by a young and savvy management team. 

    Countries like India and Pakistan have successfully integrated CNG into their transportation systems. These countries did not have a built out infrastructure when the drive and push for adoption of CNG began. Yet we can review the numbers of ‘having dreams that exceed our current capacity to achieve them’

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    India: India has one of the largest CNG vehicle markets globally. The government has implemented policies promoting CNG use, resulting in over 3 million CNG vehicles. Major cities like Delhi and Mumbai have extensive CNG refueling infrastructure. The success in India is driven by the need to reduce pollution and lower fuel costs. And the infrastructure followed the policies.

    Pakistan: Pakistan has also embraced CNG, with over 3.5 million CNG vehicles and around 3,000 refueling stations. The shift to CNG was motivated by the need to cut fuel import bills and reduce environmental impact. The government provided subsidies and incentives to encourage the transition which is what the Nigerian government is doing.

    Iran: Iran has the world’s largest fleet of CNG vehicles, with more than 4 million vehicles. The country leveraged its vast natural gas reserves to reduce gasoline consumption. Government initiatives, including subsidies for CNG conversions have been crucial to this success. The case of utilizing Nigeria’s gas similarly is crucial.

    Brazil: Brazil has a substantial number of CNG vehicles, particularly in major cities like Rio de Janeiro and São Paulo. The adoption of CNG is part of Brazil’s broader strategy to diversify its energy sources and reduce dependency on oil. I personally witnessed this as far back as 2014 in Rio de Janeiro.

    Thailand: Thailand has embraced CNG as part of its alternative energy strategy. The government supports the development of CNG infrastructure and offers incentives for vehicle conversions. This has led to a growing number of CNG vehicles and refueling stations across the country. The key here is support which the Nigerian government is providing.

    The successful adoption of CNG vehicles in these countries highlights several critical factors: We cannot be fearful of a future of CNG that other nations have demonstrated capacity and capabilities. Nigeria is developing a comprehensive strategy to successfully integrate CNG vehicles into its transportation system and its in its early days. Our dreams of CNG must exceed our current capacity to achieve, for this is the only way to move our Nation forward.

    CNG of course won’t stand alone. There is limited CNG infrastructure to the North, but that is already being solved by the incredible investment by NNPCL in Ajaokuta-Kaduna-Kano Gas Pipeline that will move pipe gas up North, and several planned Mini-LNG and C-LNG projects that form part of a planned virtual pipeline network by the Presidential CNG Initiative with Kwara, Nasarawa, FCT, Lokoja and Kaduna already planned for activation in few weeks. The PCNGI also engaged stakeholders and disclosed that it will extend EV Buses and Infra to far out locations through captive locations like university campuses. This is good for Nigeria. 

    While Babachir Lawal raises important points, dismissing the potential of CNG vehicles without considering long-term strategies and benefits is shortsighted. With careful planning, infrastructure development, and public-private collaboration, CNG can significantly benefit Nigeria’s economy and environment. The government must commit to this transition, ensuring sustainable and inclusive growth for the nation.

     Agboola writes from Austin, Texas

  • Transport stakeholders canvass increased safety education for drivers

    Transport stakeholders canvass increased safety education for drivers

    Transport stakeholders drawn from the Lagos State Ministry of Transportation, Nigerian Police Force, and the ride-hailing company inDrive have agreed to join forces in deepening awareness of safety issues among drivers and riders.

     This submission was made during the Safety Education event organised by inDrive on Thursday in partnership with the Nigerian Police Force and the Lagos State Ministry of Transportation.

     Speaking at the occasion, the Director of Transport Operations, Lagos Ministry of Transportation, Engr. Olasunkanmi Ojowuro emphasised that all relevant stakeholders should intensify yearly efforts to train commuters and drivers, focusing on safety measures and road signage.

     Ojowuro equally called on law enforcement agencies to step up to ensure adequate enforcement of violators of traffic laws in the State,

    He stated that the Lagos State Government was playing its part in providing the much-needed infrastructure to enhance road safety and providing manpower support.

    He urged all road users to adhere strictly to traffic and safety laws as enshrined in the state’s guiding principles, adding that this would help reduce the number of accidents leading to deaths and injuries and ensure the efficient management of traffic flows.

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    Also speaking, Senior Business Development Representative inDrive Timothy Oladimeji highlighted the newly added safety features on the inDrive app that form part of inDrive’s existing Safety Center. These features allow users to add more emergency contacts, make it easier to share ride information with authorities, and improve in-app communication between riders and drivers. Oladimeji stated that the ride-hailing app has many security features that can assist the rider and the driver against security threats.

    The latest updates to the safety features are part of the inDrive Safety Pact, enhancing a comprehensive suite of safety measures. These include driver verification and onboarding, real-time ride sharing with trusted contacts, and the ability for both riders and drivers to make informed choices based on ratings, reviews, and full details of rides. This empowers users to make safety-conscious decisions, reinforcing inDrive’s commitment to putting the power of choice firmly in the hands of its users.

    In her remarks, Chief Superintendent of Police, Nigerian Police Force, Mrs. Funmilayo Omosehin, stressed the need for drivers to be more responsible while driving.

     According to Omosehin, most road users have either been harassed or arrested by traffic officers because they disobeyed traffic rules and regulations.

  • Sustainable travel: Five ways to reduce carbon footprint while exploring the world

    Sustainable travel: Five ways to reduce carbon footprint while exploring the world

    The role of sustainable travel in reducing carbon footprints is increasingly recognized across the globe. As we face the escalating challenges of climate change, individuals are looking for ways to travel responsibly while minimizing environmental impacts.

    The Casinoenligneguru team has prepared five effective strategies for reducing carbon dioxide emissions while traveling:

    Shift Your Finances: Consider where your money goes, especially with respect to banking and investments. Banks that fund fossil fuel industries significantly contribute to carbon emissions. Opting for banks that support sustainable practices can make a significant difference.

    Adopt a Plant-based Diet While Traveling: The food industry, particularly meat and dairy, are substantial contributors to greenhouse gas emissions. Choosing vegetarian meals can significantly reduce your carbon emissions, making a huge difference in environmental impact.

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    Choose Sustainable Transportation: Opting for public transportation, biking, or walking can drastically cut down CO2 emissions. For longer distances, choosing trains over airplanes significantly reduces your carbon footprint. If driving is necessary, consider renting electric or hybrid vehicles.

    Select Low-Carbon Energy Providers: When traveling, choose accommodations that utilize renewable energy sources. This switch can greatly reduce the carbon footprint associated with your stay.

    Practice the 3Rs: Reduce, Reuse, Recycle: Aim to minimize waste by reducing consumption, reusing items, and recycling wherever possible. This practice not only decreases carbon emissions but also reduces the overall environmental impact of your travels.

    Each of these steps not only contributes to a sustainable travel experience but also encourages broader changes in the tourism industry, urging companies to adopt more environmentally friendly practices. Implementing these strategies can help ensure that travel remains enjoyable and accessible for future generations while protecting the planet.

  • For improved Lagos transportation capacity

    For improved Lagos transportation capacity

    How should a world-class agency such as the Lagos Metropolitan Area Transport Authority (LAMATA) celebrate itself in 20? Some of those who witnessed its birth gathered to x-ray and chart the path for its future. ADEYINKA ADERIBIGBE who was there, reports.

    What does the future hold for public transportation in a megacity state such as Lagos? To proffer the right answer, the Lagos Metropolitan Transport Authority (LAMATA) held a stakeholders’ forum to celebrate its 20th anniversary recently.

     Transportation experts, dons, industry stakeholders and subject matter specialists had gathered not only to x-ray the past but also to critique the present and chart the future, as LAMATA grapples with improving access and increasing capacity for transportation alternatives for the 23 million residents of Lagos.

     Welcoming the stakeholders, LAMATA’s Managing Director, Mrs Abimbola Akinajo set the tone when she said the agency brought together some of those who were there when LAMATA was established and had been part of the journey, to assess the growth of the baby they delivered 20 years ago. She recalled that at its formal launch on December 2, 2003, at Sheraton Hotel, the then governor, now the President of Nigeria, President Bola Ahmed Tinubu had envisaged an agency that would coordinate integrated and intermodal transportation.

     For her, therefore, the assignment before the experts was simple: X-ray how well LAMATA has carried out its mandate and what needed to be done as the future beckons.

     The former World Bank Specialist, and author of the LAMATA blueprint, Dr George Banjo said the march to a multi-modal system aborted in the second republic, resumed 30 years ago, in 1993 and was approved by Col. Olagunsoye Oyinlola (as he then was).

     Incidentally, he wrote the memo for the blueprint and watched as the project became twisted after approval. The project suffered implementation largely because the state at the time had just two engineers and none were high enough to be consulted for any transport initiative to be implemented by the government.

     To avoid a repeat of the failure of that era, when approached to put together an integrated multi-modal blueprint for the state, Banjo strongly recommended the establishment of an agency to supervise the government’s initiatives. That proposal culminated in the establishment of LAMATA, which he supervised as a World Bank official. LAMATA for him, more than anything else, had over the years provided an opportunity for transportation professionals/specialists to freely practice and implement initiatives which have left huge footprints in the state.

    As LAMATA’s responsibility gets more complex, with the injection of more modes to service the growing population projected to hit 54 million by 2043, Banjo recommended among others that LAMATA must aggressively generate more revenue to enable it to provide the rolling stock required for a mobility authority of its size.

     Quoting the World Bank’s estimate of 1,000 buses per one million people, Banjo, who is now the Chief Executive of Transport and Development Consultants Limited noted that Lagos will need a minimum of 23,000 buses to cater to its present population. He said the present total fleet, but at a little over 2000 is a far cry from the minimum threshold. He therefore called for greater LAMATA/private sector collaboration if the agency is to succeed in a world of mobility that would be shaped, largely by technology.

    A peep into the past

       Experts unanimously agreed that the transportation sector before the coming of LAMATA was a study in chaos, populated by unregulated private operators and hardly befitting vehicles with 90 per cent of the mobility needs of residents almost exclusively mono-modal, by the road mode alone. In an overview titled LAMATA: The Past, the Present and the Future, presented by LAMATA’s Technical Adviser, Corporate Investment Planning, Engr. Osa Konyeha said the agency couldn’t have come at a better time. Reason, Lagos, Nigeria’s commercial and economic capital, with a population of about 23 million has risen to be the fifth largest economy in Africa topping over $100 billion GDP and a trillion naira budget cannot continue to be driven by a mono-modal transportation, where the road continues to play a dominant role.

     According to him, the transport profile of the state showed that Lagosians make approximately 22 million trips per day, with 90% of this made by road, less than 2% by water and walking takes the remaining 8 per cent.

     The state, in the past, had a plethora of unplanned, weak and insufficient transportation plans and policies that ensured that the sector underperformed  with the proliferation of the transport space by inefficient vehicles owned by private operators. The result of this was traffic congestion, longer travel time, stress and shocks of road-induced fatigue, and non-adherence to safety standards, among other shortcomings with unimaginable consequences to travellers in the state.

    The coming of LAMATA, according to Konyeha, was the game-changer as it not only prioritises research but also systematically began a reordering of the state’s transportation architecture, ensuring the leverage of the state’s comparative advantage in waterways and rail systems thereby evolving an intermodal system. The agency came with a Traffic Operational Manual (TOM), which over the years has made a significant impact on the state’s transport ecosystem. The state government also ceded to it over 600 federal, state and council roads under what is called the Dedicated Road Network (DRN), which it was permitted to palliate to make commuting easier for the people of the state. LAMATA, Konyeha said, has greatly helped to sanitize the transport sector in the last 20 years, as it has not only engaged in the development of dedicated bus routes, it has injected over 500 mixed range of buses under the Bus rapid transit scheme, engaged in the introduction of intelligent transport system (ITS), introduction of automated Cowry Card for transport fare collection across all the modes operated by the government, and the regulation of concessionaire system.

     LAMATA has activated two (Blue and Red Rail lines) of the six colour-coded rail transit (the remaining four are: Green, Purple, Yellow and Brown). Also included are a mono-rail, over 460 bus routes, and 12 waterways where work is currently ongoing with modern jetties, all of which were part of the state’s Strategic Transportation Master Plan (STMP), Though, it started with the Lagos Urban Transport Plan (LUTP1), which focuses on urban areas, LAMATA over the years had gotten bigger and its scope of operation and coverage getting more and more complex with the addition of new modes such as rail and the First and Last Mile bus fleet added to make transit more reliable and enjoyable for the people. He said the agency is currently implementing the policy initiatives included in the LUTP 2, which further gives LAMATA a wider scope of coverage which now straddles the entire metropolis of Lagos, and gets to four local governments in the adjoining state of Ogun.

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    In his lead paper, the Director of the Centre for Multi-Modal Transport Studies, University of Lagos Prof. Iyiola Oni said LAMATA in the last two decades has demonstrated capacity and competence in transforming the face of public transportation in Lagos State. He lauded it for not only fulfilling its mission and mandate to provide a world-class sustainable integrated transport system that satisfies stakeholders and drives the growth of Lagos but for being the only Lagos government agency that is ISO-certified.

    For Oni, LAMATA has, in the past 20 years, turned challenges into assets and enhanced road network efficiency even as it has strengthened institutional capacity and has developed a bus industry transition programme. He said the agency leads in the green transportation advocacy with the promotion of the Non-motorised Transport (NMT) policy and is already edging towards an energy transition that is moving from fossil-fuel-propelled engines to Compressed Natural Gas (CNG) and Electric Vehicles.

     Oni canvassed a LAMATA that should continue to propagate five of the Sustainable Development Goals (SDGs) 5, 7, 11, 13 and 17: where SDG 5 addresses gender and equality strategy, SDG 7 speaks to affordable and clean energy, SDG 11, sustainable cities and communities, SDG 13 climate action and SDG 17 addresses partnerships.

       What next?

      For Oni, what is next is for LAMATA to address itself to the mobility needs for the future where smart transportation and digitalised processes would play a key role. LAMATA should also be a major player of Green transportation not only within the state but on the continent by promoting the full injection of Electric Vehicles, the activation of all the light rail corridors, the implementation of more terminals for major inter-state motor parks and the development of smart parking systems.

     He challenged LAMATA to continue research into more feasible means of mobility for the people by prioritising transportation projects. He also called for increased coverage of feeder connections that would take modern intermodal transit to emerging cosmopolitan cities of Ibeju-Lekki, Epe, Ikorodu and Badagry, thereby covering all the IBILE pillars of the state.

     While discussing Prof. Oni’s paper, LAMATA’s first Managing Director and one of the six panellists, Dayo Mobereola, said LAMATA has continued to sustain the dream of implementing transport options for the state.

     Mobereola, who was represented by former Transportation Commissioner Dr. Frederic Oladeinde said the state will continue to propagate inter-modal transit and optimize all the DRNs. Oladeinde said the state will continue to prioritise the people in the delivery of transportation mix as LAMATA has come to save them from a system where they spend about 40 per cent of their income on transportation, making Lagos one of the most expensive cities to live on the continent.

     His successor, Mr Oluwaseun Osiyemi said the Ministry of Transportation will continue to provide the needed support to LAMATA in its strides to provide world-class options in the state.   Osiyemi also assured that the government will continue to prioritise transportation and traffic management in line with its THEME+ Agenda.

    Prof. Charles Asenime, the Dean of the School of Transport and Logistics of the Lagos  State University (LASU-SOT) assured the agency that the school will continue to be available should it need to conduct any transportation-related research.

    The Executive Vice-President Oando Clean Energy Ademola Ogunbanjo said his company is happy and proud to partner with LAMATA in the injection of Electric Buses into the state’s fleet as part of its green transit initiative.

    The General Manager of Lagos State Waterways Authority (LASWA) Mr Damilola Emmanuel said LASWA is following the template laid down by LAMATA. Emmanuel listed the modernisation of the jetties, the inauguration of a command-and-control centre at LASWA, the injection of modern ferries and the dredging of 12 waterways routes as part of the benefits accruable from the integration of multi-modal transport in the state.

     The moderator of the panel discussion, Prof. Samuel Odewunmi urged LAMATA to continue to sustain the various initiatives already in place. He, however, urged the government to work more at making the roads fit for purpose as many of the bad road networks promote traffic congestion.

     The General Manager of Lagos State Parking Authority (LASPA), Mrs Adebisi Adelabu said the agency is working with the Lagos master plan on transportation to bring parking under a structured system to reduce traffic congestion in the state.

    As the network increases and the modes get more complex and bigger, the agency must strengthen itself to continue to discharge its responsibilities, even as they called for more investments in the road networks to relieve the people and make intra-city mobility more enjoyable.

  • Abdulraheem: Supply Chains’ efficient role in enhancing global manufacturing

    Abdulraheem: Supply Chains’ efficient role in enhancing global manufacturing

    Abdulmalik Olajuwon Abdulraheem is an expert in finance and supply chain with footprints across multiple sectors and regions. In this interview with OLUKOREDE YISHAU, he shares his unique and valuable perspectives on supply chain and finance. Excerpts:

    Could you share your thoughts on why efficient supply chains are critical for global manufacturing in today’s economic landscape?

    Thank you for having me. Efficient supply chains are the backbone of global manufacturing, ensuring the right products are delivered to the right locations at the right time. In an increasingly interconnected world, disruptions in any part of the supply chain—whether due to geopolitical tensions, natural disasters, or pandemics—can cause ripple effects across industries. As we’ve seen, efficiency isn’t just about speed; it’s about adaptability, cost control, and resilience. Today’s manufacturers rely on supply chains that can quickly respond to fluctuating demand, manage resource constraints, and maintain a competitive edge.

    How have technological advancements transformed supply chain management, particularly in the context of global manufacturing?

    Technology has revolutionized supply chains by shifting them from linear, siloed operations to dynamic, interconnected ecosystems. A decade ago, supply chain relied heavily on manual processes and static forecasting models. Today, innovations like artificial intelligence (AI), IoT sensors, and blockchain enable real-time visibility, predictive analytics, and end-to-end traceability. For example, AI-driven demand forecasting tools can now analyze historical sales data, weather patterns, and even geopolitical events to optimize inventory levels. Similarly, IoT devices track shipments in real time, reducing delays and improving coordination between manufacturers, suppliers, and logistics partners. These advancements minimize waste, lower costs, and enhance agility—critical factors for global manufacturing competitiveness.

    Technology is a game-changer. Digital tools like IoT devices, artificial intelligence (AI), and predictive analytics help manufacturers monitor supply chain activities in real-time, anticipate disruptions, and make data-driven decisions. For example, AI-powered demand forecasting can predict fluctuations more accurately, ensuring raw materials and components are available when needed. Blockchain technology also plays a key role by enhancing transparency and traceability, allowing businesses to verify the authenticity of goods and track their journey from production to delivery. This level of visibility improves accountability and reduces inefficiencies caused by miscommunication or lack of information.

    Cloud computing is another critical component. It facilitates global collaboration by allowing stakeholders—suppliers, manufacturers, and logistics providers—to access shared data. When used effectively, these technologies not only improve operational efficiency but also minimise costs and environmental impact.

    Fascinating. Could you elaborate on how data analytics specifically enhances supply chain efficiency?

    Absolutely. Data analytics acts as the backbone of modern supply chains. Advanced analytics platforms aggregate data from diverse sources—ERP systems, supplier databases, social media trends—to identify bottlenecks and predict disruptions. For instance, during the Suez Canal blockage in 2021, companies leveraging predictive analytics swiftly rerouted shipments using alternative routes, mitigating financial losses. Analytics also improves supplier performance by evaluating metrics like delivery times and defect rates, enabling companies to partner with the most reliable vendors. Furthermore, prescriptive analytics recommends actionable steps, such as adjusting production schedules during raw material shortages. This data-driven approach ensures that supply chains are not just reactive but proactive, aligning seamlessly with manufacturing demands.

    Speaking of disruptions, the pandemic exposed vulnerabilities in global supply chains. What lessons have we learned, and how can companies build resilience moving forward?

    The pandemic underscored the importance of diversification and redundancy. Many companies reliant on single suppliers or regions faced severe disruptions. Post-pandemic, resilient supply chains prioritize multi-sourcing strategies and regional hubs. For example, automotive manufacturers are now dual-sourcing semiconductors from both Taiwan and the U.S. to avoid future shortages. Another lesson is the need for digital twin technology, which creates virtual replicas of supply chains to simulate disruptions and test contingency plans. Additionally, fostering strong relationships with suppliers through collaborative platforms ensures transparency and rapid communication during crises. Resilience isn’t just about surviving shocks—it’s about adapting swiftly to maintain uninterrupted manufacturing flows.

    Resilience starts with diversification and flexibility. Companies need to move away from single-sourcing strategies and develop multi-tier supplier networks across different regions. Diversification ensures that disruptions in one region don’t completely halt production. Scenario-based planning is equally important. Using predictive analytics and digital twins—virtual models of physical supply chains—businesses can simulate potential disruptions and design contingency plans.

    Partnerships also play a critical role in resilience. Manufacturers should cultivate strong relationships with suppliers and logistics providers, based on trust and collaboration. Joint risk assessments, shared data access, and aligned recovery plans can help all stakeholders respond quickly when issues arise.

    Lastly, sustainability must be embedded into resilience strategies. Circular supply chains, which prioritize resource recovery and reuse, reduce dependency on raw materials and offer an additional layer of protection against supply shortages.

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    You mentioned sustainability. How can supply chains support manufacturers in meeting their environmental, social, and governance (ESG) goals?

    Supply chains are central to achieving ESG goals. Sustainable sourcing practices ensure that materials are ethically and responsibly obtained, reducing the environmental footprint and promoting fair labor practices. Manufacturers can track suppliers’ adherence to environmental standards using technologies like blockchain and automated auditing tools. Moreover, optimizing transportation routes and adopting electric or hybrid delivery vehicles can significantly cut carbon emissions.

    Waste reduction is another key area. Lean manufacturing principles and circular supply chains help minimize waste by recycling materials, extending product lifecycles, and reducing landfill contributions. By fostering collaboration between manufacturers and their supply chain partners, organizations can collectively advance ESG initiatives while maintaining profitability.

    This balance is achievable through circular supply chain models and ethical sourcing. Take Patagonia’s approach: they use recycled materials and partner with Fair Trade-certified factories, proving that sustainability doesn’t compromise efficiency. Blockchain also plays a role here by tracing raw materials from origin to end-user, ensuring ethical practices. For instance, Unilever uses blockchain to verify sustainable palm oil sourcing. Renewable energy adoption in logistics—such as Maersk’s carbon-neutral vessels—reduces emissions while cutting long-term fuel costs. Companies must view sustainability not as a cost center but as an innovation driver that enhances brand loyalty and operational efficiency.

    Financing supply chain improvements can be costly. How can companies justify these investments, especially when profit margins are under pressure?

    It’s true that supply chain investments require upfront capital, but they generate long-term value. Cost savings from optimized operations, reduced waste, and energy-efficient practices often outweigh initial expenses. Companies can leverage cost-benefit analysis tools to demonstrate ROI by quantifying savings from streamlined logistics, shorter lead times, and improved supplier reliability.

    Blended financing models, similar to those used in clean energy projects, can help businesses overcome initial cost barriers. By combining public funds, private capital, and incentives for sustainability initiatives, companies can finance large-scale supply chain transformations. Additionally, partnerships with tech providers offering flexible payment structures or usage-based models can ease financial burdens.

    With advancements in AI, blockchain, and other emerging technologies, what do you see as the future of global supply chains?

    The future is about smart, self-optimizing supply chains. AI and machine learning will play a central role in predicting demand, optimizing inventory, and automating routine tasks. Blockchain will enhance end-to-end visibility, creating transparent and trusted ecosystems. Meanwhile, decentralized networks powered by IoT sensors will enable real-time monitoring, from tracking raw materials in remote locations to monitoring product conditions during transit.

    Another trend to watch is the integration of sustainability into digital platforms. AI-driven systems will assess the carbon impact of supply chain activities and suggest optimizations to meet sustainability targets. Circular supply chains will also become more prevalent, especially as manufacturers face stricter environmental regulations.

    In addition, we’ll see greater emphasis on regionalisation and nearshoring. Manufacturers are increasingly shifting production closer to end consumers to reduce dependency on long-distance shipping and minimize risks associated with geopolitical tensions.

    Quantum computing and autonomous systems are game-changers. Quantum computing can solve complex optimization problems—like routing thousands of shipments globally—in seconds, a task that takes classical computers days. Autonomous drones and vehicles, already piloted by Amazon and DHL, will revolutionize last-mile delivery in congested urban areas. Additionally, digital product passports—a concept gaining traction in the EU—embed product data (e.g., carbon footprint, repair guides) into QR codes, empowering consumers and streamlining reverse logistics. These technologies will push supply chains toward hyper-efficiency and sustainability.

    What advice would you give manufacturers looking to strengthen their supply chains?

    Start by digitizing core processes and investing in workforce upskilling. Tools like AI and machine learning only deliver results when teams are equipped to interpret their outputs effectively. Without proper training, even the best technology can fall short. Next, adopt a “test-and-learn” mindset—pilot emerging technologies like blockchain through small-scale projects before rolling them out across the organization. This approach helps mitigate risks and refine implementations based on real-world feedback. Collaboration is equally crucial. Partner with peers, competitors, and industry consortia to share best practices, much like the Pharma Supply Chain Initiative, which has transformed how pharmaceutical companies address supply chain challenges collectively.

    Sustainability should be embedded into every decision. Whether you’re choosing suppliers or designing packaging, ask yourself: Does this choice advance both efficiency and responsibility? Sustainable supply chains are not only environmentally sound but also more resilient and cost-effective in the long run.

    Additionally, adopt a proactive approach to risk management. Regularly assess vulnerabilities, conduct simulations to test potential disruptions, and develop robust contingency plans. Embracing innovation is essential, but it must be done thoughtfully. Technology investments should align with your strategic goals and target specific pain points rather than serve as general solutions.

    Finally, prioritize collaboration. The most resilient and efficient supply chains thrive on strong partnerships, where stakeholders share information, resources, and risk mitigation strategies to achieve mutual objectives. A well-designed supply chain isn’t just a cost center—it’s a strategic asset capable of driving innovation, profitability, and long-term sustainability.

    Abdulmalik, thank you for sharing these valuable insights. It’s clear that supply chains will continue to shape the future of global manufacturing.

    Thank you for the opportunity. It’s been a pleasure discussing this critical topic. I look forward to seeing how businesses leverage supply chain innovations to thrive in a rapidly evolving world.

  • Arik Air Receivership – How Alhaji Ahmed Kuru, MD-AMCON Misinformed and Misled the Government.

    Arik Air Receivership – How Alhaji Ahmed Kuru, MD-AMCON Misinformed and Misled the Government.

    The attention of the Shareholders of Arik Air Limited has been drawn to press statements attributed to Alhaji Ahmed Kuru, the Managing Director of the Assets Management Corporation of Nigeria, AMCON.

    It is unfortunate that a senior government official, Alhaji Kuru, entrusted with the vital responsibility in the economic affairs of Nigeria will publicly make false and misleading statements in order to justify the monumental damage he led against Arik Air. This is a private airline that has proudly flown Nigeria’s flag around the world, while conducting its business constructively and contributing to the economic growth and development of Nigeria.

    While we wish to refrain from media assaults and trials of persons as Alhaji Kuru/AMCON has done repeatedly in the past 6 years, we are beholdenwiththe moraldutytosetthe recordsstraight, inorder to expose the desperate attempt to misinform Nigerians and distort the facts of the monumental destruction of Arik by AMCON and its receiver Manager(s). We wish to state as follows;

    The Forceful Takeover of Arik

    We state unequivocally that as at 9thFebruary 2017 when AMCON forced Arik Air into the receivership management of Mr. Oluseye Opasanya (SAN),the airline was not in default of any of its financial lease and operating loan obligations to any Bank, including the European Credit Agency(ECA)/HSBC facility. Suffice it to state that with the 2010 banking reforms, the CBN directed the conversion of all local bank guarantees of foreign loans from off-balance sheet to on-balance sheet. Thus, with this CBN directive, AMCON took over the European Credit Agency(ECA)/HSBC finance facility supported by the local guarantee of Union Bank plc. AMCON renegotiated the facility with Union Bank from single digit to double digit interest rate without involving Arik Air management. This was

    done arbitrarily without recourse to the fact that Arik Air had been servicing that facility without default for about 3 years. A case of shaving a man’s head in his absence.

    Attempt to blame the former Vice President-Not in good faith.

    It is a disservice to the nation for Alhaji Kuru to attribute Arik forceful Air take-over to the call for intervention by former Vice-President, Prof. Yemi Osinbajo while acting as President         This is a clear affirmation that it was an unnecessary intervention and an act of meddling in the affairs of a private company. We find it laughable that Alhaji Kuru would attempt to place the responsibility for AMCON’s misadventure in Arik on the former Vice President. We believe the former VP acted on the advice given by Alhaji Kuru

    Arik Air shareholders request that the AMCON MD should cite to the public the relevant section of the AMCON act which authorises or legitimises his use of security reports and hearsays of flights delays as the basis for an airline take over. Clearly this is a very poor attempt at justifying the takeover of Arik. He has simply admitted he went beyond the authority of his office and took actions that are reprimandable.

    Arik Fleet & Route Network

    Alhaji Kuru exposed the depth of his ignorance and mischief by claiming Arik owned only seven aircraft. For the avoidance of doubt, we hereby state categorically that Arik had 17 serviceable and operational aircraft and 2 aircraft parked for minor maintenance when AMCON took over on 9th February 2017. Suffice it to state that Arik takeover did not follow the due process of taking inventories of assets, liabilities etc and proper hand-over.

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    Arik Air under AMCON’s receivership as at today, 20 September 2023 managed by Kamilu Omokide operates only 2 aircrafts. The Arik Hangar in Lagos is now a static display of 14 abandoned new generation aircraft while the rest have either been cut to pieces, sold, and shipped out of the country. The spare parts inventory of Arik valued at overUSD150M has been significantly depleted to less than USD15M. About 80% of domestic routes have been shut down while all west coast, African and intercontinental routes of London , New York, etc have all been shut down completely after 3 months

    of operation by AMCON in 2017, In addition, over 3000 of Ariik highly trained manpower have lost their jobs. What an achievement for AMCON that claimed it got the best turn around Managers in aviation to run Arik in Receivership!!!

    Prior to the AMCON invasion. Arik Air had no issues with its lessors and financiers, the onus however lies with Alhaji Kuru and Mr Godwin Emefiele, the suspended Governor of CBN to explain the basis of the CBN’s letter dated 14th March 2017. In that letter, the CBN directed all Nigerian bank partners of Arik Air to discontinue the            long-standing  arrangement    for       scheduled        contracted payments on behalf of Arik to its trade/financial partners. Arik model involved the collection of all tickets’ sales proceeds by our Bankers who were mandated to ensure the first charge on all sales proceeds      were paid to lessors and multilateral lenders. This arrangement guaranteed Arik could not default on its financial obligations.

    Engine swap Claims.

    Contrary to Alhaji Kuru’s uninformed statements claiming engine swaps on Arikaircraft;the ArikAir fleet comprisesof newgeneration aircraft with OEM engines/warranties that do not require any form of engine swaps. Again, in a desperate attempt to cover the mismanagement of the airline, he resorted to false information to the public.

    Alleged Indebtedness To AMCON

    The MD of AMCON should cross check his facts as his agency never filed the sum of N240B, in its claim of the airline’s indebtedness in any court. This is patently false, contradictory, and misleading. We ask him to consult his lawyers so as to spare the public the needless overload of his misinformation.

    It is an incontrovertible fact that Arik had no issues with aircraft lessors      and      financiers,        and      neither was            any      aircraft impounded/seized anywhere in the world until mid – 2019 well into the receivership by AMCON when the lessors were not paid as directed by the CBN letter of 14 March 2017 to all banks.

    On The NG Eagle matter

    It is regrettable that Mr Kuru was economical with the truth on the issue of NG Eagle. The incorporation documents obtained from the Corporate Affairs Commission’s records shows that NG Eagle was incorporated on 11th         July 2019 with an AMCON’s employee, Mr Kamilu Omokide ( Arik Receiver Manager) as Shareholder/Director and AMCON as second shareholder with other AMCON employees as Directors         in a breach of fiduciary duties to Arik by Kamilu Omikide.

    Alhaji Kuru also did not tell Nigerians that, the registration, establishment, and expenses for the NG Eagle AOC was funded from Arik sales proceeds. The buyer of the NG Eagle is Alhaji Abdul Ahmad, an acquittance of Alhaji Kuru and bureau de change operator selling FX to Arik. This sale transaction of NG Eagle is another breach of public procurement/assets disposal protocols. The sale transaction was done in a hush hush arrangement on 20th February 2023, after a date had been reserved for judgment in the matter of Arik Shareholders Vs Kamilu Omokide, AMCON, NG Eagle & Ors at the Federal High Court Lagos. Alhaji Kuru also recently misled the Acting CBN Governor to grant a waiver for the lease and use of the Arik aircraft by the same NG Eagle without informing the Acting Governor of CBN of a subsisting order of court.

    The Federal High Court sitting in Lagos has recently ruled that the set-up of NG Eagle and transfer of assets of Arik Air to the said NG Eagle is illegal, null, and void . The court also ordered that AMCON, and its Receiver Manager to file audited accounts of Arik Air from 9 February 2017 with the Corporate Affairs Commission within 14 days of its judgement on 31 March 2023. Though AMCON used the courtsexparte ordertotake-overArik, it disobeyedthesamecourts when ordered to file audited accounts.

    AMCON Forcefully Took Over Performing Financial Obligations

    The fact remains that AMCON forcefully took over performing loans and must be made to account for its stewardship. Arik shareholders hereby challenge AMCON’s MD and the banks he claimed are owed by Arik Air to provide proof, records of the indebtedness,

    default, and demand letters from such banks. It is time to put a stop AMCON’s deception and misinformation to the Government and people of Nigeria.

    Appeal For Justice.

    It is unfortunate that Alhaji Ahmed Kuru’s 8-year tenure as the Managing Director of AMCON in a national role that should be developmental turned-out to be          a season of disruption of businesses In Nigeria. It caused heavy job losses, capital and businesses capacity deficits and unprecedented economic setbacks through some unjustifiable receiverships    and mismanagement caused by AMCON’s arbitrariness and deliberate misinformation to government.

    We, the shareholders of Arik are willing and ready for an open dialogue with AMCON     in the presence of the relevant investigative authorities including such as Police, EFCC, the CBN ,the Ministry of Justice and the Ministry of Aviation & Aerospace.

    We come to equity with clean hands and ask that AMCON do the same.

  • Marine/Blue economy: Expert highlights likely obstacles of EPT policy

    Marine/Blue economy: Expert highlights likely obstacles of EPT policy

    An expert in maritime sector and member of International Chartered Institute of Logistics and Transportation, Adeniyi Adeoye, has identified likely obstacles to effective implementation of Export Processing Terminal (EPT).

    Speaking in Ibadan while delivering a paper at a seminar titled: “Assessing economic benefits of maritime and blue Economy in Nigeria” organised by the Research Centre for Integrity Assessment and Evaluation (RCIAE), Adeoye commended President Tinubu for the establishment of a new federal Ministry to take care of maritime sector, Ministry of Maritime and Blue Economy.

    The seminar, which was attended by transporters, exporters and other stakeholders from the Maritime industry addressed two major problems identified in the operation of the recently initiated Export Processing Terminal by the present administration. 

    According to Adeoye, the first obstacle is the loopholes likely to negatively affect estimated revenue from maritime. 

    The second challenge, according to him, is the likely unnecessary and avoidable additional cost to be borne by transporters and exporters which may discourage exportation of cargoes through Nigerian ports.

    He said: “Implementing an Export Processing Terminal (EPT) policy is undoubtedly a commendable initiative.

    “However, it’s crucial to ensure that this policy is thoughtfully crafted and executed to benefit not only the government but also stakeholders in the transport, maritime industry, and the public. The policy should aim to address existing challenges, not exacerbate them.”

    “Presently, there are lot of loopholes (likely to encourage fraudulent practices) and inefficient operational procedure in the operation of EPT that are likely to jeopardize President Tinubu’s purpose of creating ministry of maritime and blue economy and also cause crisis between transporters and EPT, as well as terminal operators, customs are parts of the crisis as well.”

    “To uphold the spirit of the EPT policy, it’s imperative to tackle the issue of unauthorized and Illegal charges, policies and excessive costs incurred by drivers. This can be achieved through proper regulation and enforcement to create a fair and cost-effective transportation environment.

    “Adopting holistic approach in the implementation of EPT policy will successfully address critical issues that are likely to militate against achieving the objective of creating EPT and ministry of maritime and blue economy.”

    “This approach should focus on cost reduction, regulatory efficiency, and fostering cooperation between the EPT and existing port terminals to ensure a smooth and successful transition is covered in the Export Processing Terminal (EPT) operational system.”

    “Implementation of EPT policy to justify its establishment will require critical analysis of its operational procedure which will determine sustainability of the project, its advantages and disadvantages to all the stakeholders in the exportation business.”

    “President’s decision to diversify national economy is a good development, long overdue and will play crucial role in the national development. If the resources available in the maritime sector are judiciously, effectively and logically exploit, manage, control and utilize this sector of Nigerian economy will comfortably fund one-third of the national budget annually.”

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    “As a nation blessed with oceanic resources, such as fishing, aquaculture, coastal tourism, undersea cabling, seabed extractive, renewable energy,  biotechnology maritime shipping, water desalination, industries, deep-sea mining and enough qualified human resources, the new ministry of maritime and blue economy has responsibility of ensuring sustainable utilization of these unending ocean resources to foster economic growth, create jobs, improve livelihoods and move Nigerian economy out of recession.”

    The Operation Manager for RidakGate Nig Ltd, Mr. Saheed Alabi condemned the mode of operation of the EPT. 

    He said: “We initially thought establishment of EPT would eradicate the existing problems experienced by exporters and transporters, unfortunately reverse is the case, EPT has compounded and complicated the problems.”

    “We appeal to goverment to engage qualified and experienced professionals in the industry to map out ideas and strategy that will guarantee success of EPT operation in Nigeria.”