shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » At Last, Jonathan ‘Fuel Subsidy Buses’ Arrive At Lagos Port

At Last, Jonathan ‘Fuel Subsidy Buses’ Arrive At Lagos Port

by Joshua
January 19, 2012
in Uncategorized

Scores of the mass transit buses that were promised by the Federal Government as a part of the palliative measures to cushion the effect of the controversial fuel subsidy removal have started arriving at the ports.
The buses which came in Monday aboard a ship called Graceful Leader from China. The ship, sources confirmed, as come in with about 165 units of the 48-passenger mass transit bus on Monday January 16, 2012 and sailed out early yesterday from Five Star Logistics terminal at Tin Can Island port.

Scores of the mass transit buses that were promised by the Federal Government as a part of the palliative measures to cushion the effect of the controversial fuel subsidy removal have started arriving at the ports.
The buses which came in Monday aboard a ship called Graceful Leader from China. The ship, sources confirmed, as come in with about 165 units of the 48-passenger mass transit bus on Monday January 16, 2012 and sailed out early yesterday from Five Star Logistics terminal at Tin Can Island port.
Shipping Position Daily also confirmed that the buses were manufactured in China and are of Yutong brand.
Our correspondent who witnessed the discharge of the buses confirmed that they have already being moved to a private bonded terminal in Lagos, even as details of their final destination could not be confirmed by port official.
President Goodluck Jonathan had recently commissioned some of those buses at a ceremony in Abuja.
The buses are part of the 1,600 diesel-powered buses that were promised to boost transportation in the country as a result of the fuel subsidy removal.
The buses, are the first batch purchased from the N10 billion revolving loan set aside by the government to address transport infrastructure in the country.
According to the government, the revolving loan is payable over five years period and attracts 5 per cent interest rate under the urban mass transit scheme and would be made available to credible transporters, Labour Unions and other Nigerians involved in the transport business.
Our correspondent confirmed also that the buses enjoyed duty- free concession.
The arrival in Lagos also coincided with the launch on Tuesday of the government’s mass transit scheme in Abuja.
While performing the launch, Minister of Trade and Investment Olusegun Aganga had said that a large chunk of the buses are made in Nigeria, while adding that the essence of the scheme is for passengers to be paying 20 percent less than what they were paying before the 1st of January 2012, adding that government could not launch the scheme earlier due to the strike.
"A large chunk of the buses you are seeing now are made in Nigeria and one example is from Innocent Motors in Nnewi and we asked him to go and produce more next year," he said.


Related Posts

Meningitis: Death Toll In Kebbi Hits 56 – Govt 

Meningitis: Death Toll In Kebbi Hits 56 – Govt 

March 24, 2025
Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

January 8, 2025
PHOTO NEWS: SIFAX Thanksgiving and Night of Praise 2.0

PHOTO NEWS: SIFAX Group Thanksgiving and Night of Praise 2.0

December 18, 2024
NEPC Frowns at $480m Expenditure on Importation of 3m Tonnes of Rice Importation

Eastern Ports Set for Boost in Investments as Dantsoho Tours Onne and Rivers Port Complexes

December 6, 2024

Discussion about this post

Latest News

NARTO, Maritime Workers Oppose e-Call Up levy

NARTO, Maritime Workers Oppose e-Call Up levy

June 17, 2025

Customs Refutes Extortion Allegation At Lagos Airport

Oyetola Seeks Island Nations’ Backing for Nigeria’s IMO Council Bid

Centre for Marine Surveyors Leads Initiative to Enhance Industry Standards, Regulations

Experts Advocate Stronger Marine Space Governance as Key to Nigeria’s Blue Economy Success

Dantsoho’s Giant Strides at NPA: Port Reforms, Trade Growth, Maritime Diplomacy Define New Era

Vessels Expected At Lagos Ports As At 16th June, 2025

Anxiety Mounts As Delay Stalls Nigeria’s National Single Window Project    

Stakeholders Clamour For Insurance-Based New Container Deposit Refund System, Says Old System Fraudulent

Lagos Govt Dares Tanker Owners As E-Call Up Starts On Lekki-Epe Corridor Today

Rail Cargo Movement Hits 133,116 Tonnes in Q1 2025 Amid Renewed Push for Multimodal Transport   

Why Commercial Motorcycles Still Ply Apapa, TinCan Port Access Roads Despite Government Clampdown 

kindly like our Facebook page

Health

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts
Health

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025

Association of Medical Laboratory Scientists of Nigeria, Lagos State chapter, has raised the alarm over the increasing number of men...

20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025
Some Truths and Myths About Agbo Herbal Concoction

Some Truths and Myths About Agbo Herbal Concoction

April 21, 2025
The Malaise Of Misuse of Antibiotics

The Malaise Of Misuse of Antibiotics

April 14, 2025
Urologist Debunks Breast-Cancer Prevention Myth

Urologist Debunks Breast-Cancer Prevention Myth

April 14, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition