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FRSC Sets to Bar Trucks Off Lagos Bridges

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THE Federal Road Safety Corps, (FRSC) on Monday hinted that efforts are being made to place bars on some Lagos bridges to prevent indiscriminate parking of tankers and articulated vehicles.

Mr Hyginus Omeje, the FRSC Lagos State Sector Commander, made this known in Lagos.

Omeje disclosed further that a committee had been inaugurated to look into how owners of trucks and tankers could do their business without climbing bridges in the state.

He said, “We are working on how truck drivers can use the ground instead of climbing bridges in Lagos State to prevent accidents and gridlock.

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“It has been proposed by the government that we can bar the bridges to prevent accidents and indiscriminate parking of trucks and tankers on the bridges”.

He added that, putting bars on the bridges will curtail gridlock and crashes involving cars and articulated vehicles especially the over-aged ones.

The FRSC boss said that many of the tankers and trucks had been on the road for more than 25 years, saying that some of the vehicles could not withstand the load placed on them.

“Many of them breakup on top of the bridges and caused traffic jam.

‘’Many truck and tanker drivers deliberately park on the bridges on their way to Apapa Port and obstruct vehicular movement. All these acts will end soon.

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“We are more concerned about the menace of gridlock on roads leading to Apapa Port.

“The state government inaugurated the task force to ensure that the trucks are streamlined to allow free flow of traffic along the corridor,’’ Omeje said.

He said that the gridlock created by trucks and articulated vehicles on bridges in Lagos were dangerous and had damaging effects.

“We are sitting on a keg of gun powder because the bridges are weak as tankers, trucks and articulated vehicles are parked on them.

“When these vehicles are stationary on the bridges for a long time, they have  negative impact, including deterioration, bridge-fatigue, damage or even collapse.

“The Ijora, Eko, Carter and Third Mainland bridges were expensive projects that cost huge capital to execute,’’ Omeje said.

The state government, as learnt had mandated all owners of articulated trucks coming into Lagos to obtain the Ministry of Transportation’s Road Worthiness Certificate at any of the designated centres within 30 days.

The ultimatum on road worthiness certificate followed the recent tragic tanker explosion on Otedola Bridge inward Ojodu Berger along Lagos-Ibadan Expressway.

Fuel tanker drivers were also directed to ply designated trailer routes – Apapa-Oworonshoki Expressway via Ogudu to Lagos-Ibadan Expressway.

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Ex-NCC Chair, Akande extols Senator Sarafadeen Ali on his 61st birthday

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Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.

In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.

“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.

He added, “I wish you many more years of God’s grace in your life.”

 

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.

The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.

Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.

He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.

“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.

Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.

While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.

Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.

He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”

Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.

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He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”

 

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