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    Nine die, one injured as container falls on bus at Ojuelegba Bridge

    Nine die, one injured as container falls on bus at Ojuelegba Bridge

    LAGOS DISTRIBUTES 100 VEHICLES TO SUBSTANTIVE DIRECTORS ON GL 17 

    LAGOS DISTRIBUTES 100 VEHICLES TO SUBSTANTIVE DIRECTORS ON GL 17 

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    LRMT RED LINE PROJECT: LAGOS EXTENDS TRAFFIC DIVERSION AT MURITALA MOHAMMED WAY, KAYODE, OGUNMOKUN STREET

    QUEUE AT FILLING STATIONS: LAGOS MOVES TO REGULATE ACTIVITIES OF PETROLEUM MARKETERS TO EASE TRAFFIC FLOW

    QUEUE AT FILLING STATIONS: LAGOS MOVES TO REGULATE ACTIVITIES OF PETROLEUM MARKETERS TO EASE TRAFFIC FLOW

    215 people die in road crashes, as FRSC arrests 11,557 traffic offenders in Kano

    215 people die in road crashes, as FRSC arrests 11,557 traffic offenders in Kano

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    FG CONDEMNS KIDNAPPING OF PASSENGERS AT EDO TRAIN STATION

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    LASG WARNS NIGHT CLUBS OWNERS OVERS ILLEGAL PARKING

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    A/Ibom state first auto assembly plant is 70% ready – Govt

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    MAJAN set to honour reputable stakeholders, commission secretariat

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    LASG WARNS NIGHT CLUBS OWNERS OVERS ILLEGAL PARKING

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Tough time for Travelers as APTCON Increases fare by 25 Percent

Tplusng by Tplusng
July 27, 2022
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Tough Time for Travelers as APTCON Increases Fare by 25 Percent
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Tough time is obviously looming for interstate travelers in Nigeria as they are expected to pay more from August 25 following the decision of All Private Transport Company Owners (APTCON) to increase fares by 25 percent over rising costs of operation.According to an internal memo of the association sighted by newsmen on Tuesday titled: Notification of price increase effective 25th August, the increase is to prevent a situation where the operators run at a loss.

The memo reads: ‘’This is to formally advise all private interstate passenger transport company owners of Nigeria to increase bus fares across all interstate routes by 25% effective 25th August, 2022.Tough Time for Travelers as APTCON Increases Fare by 25 Percent

ALSOREAD

Nine die, one injured as container falls on bus at Ojuelegba Bridge

Nine die, one injured as container falls on bus at Ojuelegba Bridge

January 29, 2023
LAGOS DISTRIBUTES 100 VEHICLES TO SUBSTANTIVE DIRECTORS ON GL 17 

LAGOS DISTRIBUTES 100 VEHICLES TO SUBSTANTIVE DIRECTORS ON GL 17 

January 27, 2023
IKORODU ROAD REHABILITATION: LAGOS ANNOUNCES TRAFFIC DIVERSION AT OJOTA

LAGOS ISSUES TRAVEL ALERT AHEAD OF STUDENTS RAVE EVENT

January 26, 2023

‘’Sequel to the prevalent harsh economic situation as well as the recently announced increase in petrol pump price across the country, the board of APTCON, in collaboration with its member companies, have deliberated and have unanimously agreed that a marginal increase in interstate transportation fares is inevitable.’’

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“Nigeria is facing a downturn that has greatly affected all sectors of the economy especially transportation. In response to the high cost of operations, while many trade associations have increased charges as a means of survival, some others, like the elitist airlines, have received post pandemic intervention funds from the government.

‘’Unfortunately, our industry, who moves 96% of Nigerians, is not exempt from the crisis as our operating costs have risen significantly without any form of governmental support or incentive.’’

Listing challenges facing the sub-sector, the explained fuel price has risen from N165 to N179, percentage increase of 7%, cost of diesel has risen from an average of N250 a year ago to over N800 today (percentage increase of 220% while the inflation rate hits a 65-month high of 18.6% in June 2022 significantly increasing cost of operations by at least 50%.

It also pointed out scarcity of forex and high exchange rates have made it impossible for transporters to purchase new vehicles while cost of spare parts for vehicle maintenance has risen by almost 80%.

‘’These challenges have taken a significant toll on the revenue of private transport company owners across Nigeria as most transporters are either operating at a loss or at cost. While some have had to shut down operations completely, many others have expressed their inability to pay salaries much less run profitably. To address the situation, APTCON hereby implores all private interstate passenger transport company owners of Nigeria to increase bus fares by at least 25% effective 25th August, 2022”, the operators said.’

Transportation Plus July Edition

 

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Transportation Plus Magazine is an industry based publication, focusing on the transportation and allied sector.

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TRAFFIC ALERT: SEE TRAVEL ADVISORY AHEAD OF ACCESS BANK LAGOS CITY MARATHON

TRAFFIC ALERT: SEE TRAVEL ADVISORY AHEAD OF ACCESS BANK LAGOS CITY MARATHON

February 3, 2023
LAGOS SENSITISES VEHICLE INSPECTION OFFICERS ON CREATIVITY, INNOVATION

INCESSANT TRUCK ACCIDENTS: LASG WARNS TRUCK DRIVERS, OWNERS AGAINST RECKLESSNESS

February 1, 2023
Ojuelegba: COMTUA Pledges Synergy with Authorities to Curb Truck Crash

Ojuelegba: COMTUA Pledges Synergy with Authorities to Curb Truck Crash

January 30, 2023

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