Connect with us

News

Bus Reforms Will Create 3,000 Jobs – LASG

Published

on

Pic.02. From Left, Permanent Secretary, Lagos State Ministry Of Transport, Dr. Taiwo Salaam, Managing Director Planet Projects, Mr Biodun Otunola, Commissioner for Information And Strategy, Mr Kehinde Bamigbetan, his Transport counterpart, Mr Ladi Lawanson and Managing Director, Lagos Metropolitan Area Transport Authority, Mr Abiodun Dabiri during the facility tour of Ikeja Bus Terminal and other Bus Terminals in the State

Lagos State government has said no fewer than 3000 jobs would be created when the 13 bus terminals springing across the city finally comes on stream. This is as it disclosed that about 473 buses to flag-off operation of the bus reform would soon arriving the country.

 

Speaking over the weekend during a media tour to both the Ikeja and yet to be completed Oshodi Bus Terminals, Mr Ladi Lawanson, Lagos State Commissioner for Transportation said the bus terminals are part of Governor Akinwunmi Ambode’s gift to the 12 million masses of the state, who uses public transportation daily.

 

He said the terminals will put an end to insecurity, unreliability, accident and mugging associated with the current commercial bus regime in the state.

 

Lawanson said construction is ongoing in 13 different bus terminals all aimed at ensuring that more people embrace public transportation and that sanity returns to the roads.

 

He said: “We have Alapere Bus Shelter, Ilupeju Bus depot, Yaba Bus Terminal, Anthony Bus depot, Maryland Bus Terminal, Agege Bus Terminal, Ojota Bus Terminal, Oyingbo Bus Terminal, Tafawa Balewa Square Bus Terminal among other proposed corridors.

 

“These facilities will provide over 3000 jobs for youths and increase transport connections and inter modal connectivity in the state.

 

His colleague, Kehinde Bamigbetan, Commissioner for Information and Strategy said the idea is to cater for low and medium income residents who cannot afford to fuel their own cars every day.

 

“We are expecting over 800 buses that the government has procured to kick-start operation for the benefit of the residents,” he said.

 

He said the Ikeja Bus Terminal is a major transportation infrastructure constructed to improve efficiency, adding that 23 routes would be serviced from the terminal and while the facility would be servicing 400,000 passengers daily. It would reduce traffic congestion, occasioned by the present street loading and dropping off of passengers and reduce environmental pollution.

 

Bamigbetan said the Ikeja terminal has facility to cater for 100 buses daily, adding that the government hoped to take off with the Ikeja-Obalende route before June ending.

 

Also speaking, the Managing Director Planet Project Mr Biodun Otunola said the Ikeja Bus Terminal which sits on 10,000 square metres of land is more than a bus stop as “some ignorant critics have lately being ranting.”

 

He said the facility has a sheltered walkway, 13 ticketing booths, an ATM gallery, and a food court. Also, the facility has a functional Intelligent Transportation System (ITS) which makes routes and travel planning easy. The terminal is provides conveniences for both sexes and free wifi spot for the the use of commuters.

 

Otunola who also took the reporters on tour of the Oshodi Bus Terminal and Interchange said the iconic terminal on completion would be servicing 300,000 passenger traffic every day, which he said is projected to hit one million in the next five years.

 

He said each of the three wings five-floor terminals, which would be completed with a skywalk is the first of its kind in the world. “While Terminal One, is intercity transport, Terminal Two exclusively services intra city transportation , while Terminal Three would service Lagos Island, Ikorodu corridor. Each terminals is one five floors, has multi level car park, conveniences, six lifts and one escalator each, food court, a park and ride facility, cctv system, holding bay with capacity for 70 buses and a control centre.”

 

Otunola described what is going on in Lagos as revolutionary as it was the first time government is deliberately planning and providing world class facility to road transport users. He added that the facilities presently going on across the state would redefine the transportation system in the state.

 

He said the Oshodi interchange will be delivered by October this year.

 

The tour was led by the Commissioners for Transportation and Information and Strategy, Permanent Secretary in the Ministry of Transportation Mr Taiwo Olufemi Salaam, Mamaging Director of the Lagos State Bus Services Ltd., Mr Idowu Oguntola, MD Planet Projects Ltd., Mr Biodun Otunola, directors in the Ministry of Transportation, among others.

 

 

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

Samsung in N65m Copyright Infringement Suit in Nigeria

Published

on

Eagle Eye Production Limited, an Abuja-based production company has slammed N65 million lawsuit against Samsung Nigeria and Ringier Media Nigeria Limited for allegedly using a part of its ‘Lekki-Ikoyi Link Bridge at Night’ video in a Galaxy S8 advert without authorization.

 

Samsung had, after receiving the lawsuit, claimed it had no knowledge of the creative process of the ad, as it outsourced the job to one Cheil Communications Nigeria Limited.

 

Cheil Communications, in turn, claimed it outsourced the job to Ringier Media Nigeria Limited.

 

At the first hearing on the lawsuit on May 3, before Justice Hassan of the Federal High Court sitting in Ikoyi, Lagos, Ringier Media’s Counsel applied to strike out the suit, claiming that the court lacked jurisdiction to entertain the suit because Eagle Eye in suing Ringier Media omitted the word ‘media’ in its name.

 

Ringier Media also argued that the suit did not disclose a reasonable cause of action against it.

 

Mrs. Abimbola Akeredolu (SAN) however, prayed the court to dismiss Ringier Media’s application with substantial cost on the basis that the omission of the word media from Ringier Media’s name is “a misnomer” and that the suit disclosed a reasonable cause of action against Ringier Media.

 

The learned Silk also pointed out that the omission of the word “media” was infact caused by Ringier Media and its counsel who in various correspondences exchanged prior to the suit represented to Eagle Eye’s counsel that the full name of Ringier Media is Ringier Nigeria Limited instead of Ringer Media Nigeria Limited.

The learned Silk also pointed out that Ringer Media’s counsel also described its client’s name as Ringier Nigeria Limited in the conditional memorandum of appearance filed by the said counsel on Ringier Media’s behalf.

 

On the same day, Eagle Eye’s Counsel also moved an application to amend their Writ of Summons and other accompanying originating processes to reflect the proper name of Ringier Media.

 

Court proceedings were witnessed by a Newsroom correspondent when Justice Hassan gave his ruling on Monday, June 2, 2018.

 

On Ringer Media’s application to strike out the suit, the learned judge held on the first leg, that the omission can be treated as a misnomer and representatives for the plaintiffs are allowed to file an application for amendment.

 

“There is no kind of mistake or error which the court cannot correct, except it is intended to cause injustice to a party. The omission can be corrected without causing injustice to the other party,” he ruled.

 

The Learned judge also held on the second leg, that looking at certain paragraphs in Eagle Eye’s Statement of Claim, the court is satisfied that a reasonable cause of action has been disclosed against Ringier Media.

 

The learned judge thereafter dismissed Ringier Media’s application and awarded cost of N20,000 in favor of the Plaintiffs against Ringier Media.

 

On Eagle Eye Production’s application to amend, the learned judge ruled that representatives for Eagle Eye Production Limited were misled by Ringier Media.

 

He made references to the exhibits submitted by the legal counsel for the Eagle Eye, where it was established that Ringier Media Nigeria Limited described itself only as Ringier Nigeria in various correspondences. Thus, the learned judge reiterated as follows:

Continue Reading

News

ITB Nigeria Set to Complete its First Steel & Concrete Building

Published

on

ITB Nigeria Ltd, innovative construction company providing full and advanced integrated engineering and construction solutions in both private and public sectors, is set to complete its first steel & concrete building project, Azuri Peninsula, in Eko Atlantic City, Lagos state.

The Azuri Peninsula project, which began in early 2015, is a unique steel and concrete residential building project that consists of three sets of over 30 storey towers.

It offers a unique collection of four-bedroom luxury and super luxury apartments, two and four-bedroom stunning Marina Town houses as well as s six-bedroom simplex (penthouses).

Commenting on the project, Mr. Ramzi Chidiac, Managing Director of ITB Nigeria, said, “We are excited about this project because it’s our first composite structure created by a combination of steel and concrete to form a single element.

This helps to deliver performance that is more effective than when individual components are used together but not unified. This testifies to the excellent work that we do at ITB Nigeria.

We are focused on fully understanding the needs of our clients and delivering on our promises, regardless of the scale or complexity of the challenge at hand”.

Steel and concrete structures involve a mix of steel and concrete together to form a single element. The tensile capacity of the steel and the compressive capacity of the concrete results in a standard structure.

This gives rise to benefits like speed, performance and value. Additionally, concrete encasement protects the steel from buckling, corrosion and fire.

On his part, Engr. Emmanuel Adeyemi, QA/QC Coordinator, ITB Nigeria,  stated, ‘the uniqueness of composite structures is that it enhances speed of construction, performance and value.

Steel framing for a structure can be erected quickly and the pre-fabricated steel floor decks can be put in place immediately.

When cured, the concrete provides additional stiffness to the structure, making the structure one that can stand the test of time”.

Continue Reading

News

BoI Secures $750M Afreximbank Loan at Single Digits for MSMEs

Published

on

Bank of Industry (BoI) will be disbursing the $750 million (N250 billion) syndicated loan facility which she received from the African Export-Import Bank (Afreximbank) to Micro, Small and Medium Enterprises at single digit interest rate.

Mr Olukayode Pitan, Managing Director, Bank of Industry, made this disclosure on the last day of the Afreximbank 25th Anniversary and Annual General Meeting during an interview with journalists in Abuja.

Pitan revealed that “the loan will be given to entrepreneurs in Nigeria for a period of between five and seven years, would enable the BoI bridge the funding gap for MSMEs which estimated at about N700 billion.”

This fund he said would be “given to companies operating in the creative industry, manufacturing and gender based businesses to help reduce the unemployment rate in the country and create wealth for small and medium scale entrepreneurs.

“We are looking at small, medium and large enterprises. We are looking at enterprises or companies that have a focus in using local raw materials, companies that generates that generates employment and bring down their cost of borrowing” he said.

Pitan stated that “the loan will be deployed at less than ten per cent interest per annum. We are working with the Central Bank of Nigeria so that the loan we will give to Nigerian businesses will be a longer term loan of between seven to eight years for the industrial sector.”

The landmark deal was signed off in the presence President Muhammadu Buhari who insisted on witnessing the agreement signing ceremony in Abuja because the N250 billion syndicated facility financed by 16 banks (among which are: Africa Export-Import Bank, the ECOWAS Bank for Investment and Development,  and British Arab Commercial Bank Plc and four Nigrrian banks based in the United Kingdom) is the single largest facility of its kind to be received by a Development Finance Institution (DFI) in Nigeria.

According to Pitan, “the idea is to support industries. What this loan allows us to do is, it gives additional N250 billion depending on the exchange rate that is used, between N230 billion to N250 billion to deploy to the industrial sector.

There is gap in the funding of the industrial sector, to the tune of N704 billion. This is our way to reduce that gap.”

Continue Reading

Trending

Copyright © 2017 Communication Week Media Limited.