The National Union of Road Transport Workers (NURTW) has assured commuters that it would not increase transport fare in spite of the tolls review by Lekki Concession Company (LCC).
Alhaji Taofeek Oluwa, its Chairman in Jakande, Eti-Osa Local Government Area of Lagos State, gave the assurance on Wednesday in Lagos.
The News Agency of Nigeria (NAN) reports that LCC had recently announced its plan to review to upward the tolls for different categories of motorists plying Eti-Osa-Lekki-Epe Expressway with effect from Feb.1.
Oluwa said that the development would not affect transport fares in the corridor.
“Following the announcement of the toll review at the Admiralty Circle Plaza and the Lekki-Ikoyi Link Bridge Plaza by the Lekki Concession Company, LCC, there will be no fare increase,’’ he said.
The NURTW chief said that the union was duly carried along by LCC, as one of the critical stakeholders during the engagement process for the toll review.
“It is encouraging that LCC carried the union along as one of the critical stakeholders consulted during the engagement process for the toll review which resulted in the minimal increase in tariff charged the branded commercial buses.
“From Feb.1, branded commercial buses popularly called “Danfo’’ which previously paid N80.00 would be paying N90 (Ninety Naira) for e-Tag payments and N100 (One Hundred) for cash payments.
“As long as LCC honours its agreement of our mutual understanding at the stakeholders’ meeting, we can confidently support LCC.
“We assure the commuters that they will not suffer any increase in the fare paid to board the branded commercial buses coming into or going out of Eti-Osa/Lekki-Epe Expressway.
“The NURTW is happy to endorse the toll fare review,” Oluwa said.
Another NURTW official in the area, Alhaji Quadri Adesokan, said that LCC had promised to improve the standards of the roads for the safety of passengers.
“We have heard the concerns of LCC and have agreed to support them because they have promised to maintain the roads.
“A large number of our buses are using the e-tag which affords us unhindered entry and return from Lekki-Epe Expressway,” Adesokan added.
NAN reports that LCC said it had been managing the operations of the roads for the past 10 years in spite of the yearly increase of the cost of operations and other relevant expenses without toll review.
According to it, LCC provides various other services to road users, especially as it relates to their convenience such as the 24/7 free vehicle breakdown and recovery services by the Company’s Route and Incident Management team.
The company said it equally provided the dedicated Police Team; the Toll free Customer Service helpline and other services and over 100,000 road users have benefited from the free services.
According to the company, the new Toll Tariffs on Admiralty Circle Plaza for motorcycles is N10; Saloon Cars and Tricycles will pay N200, while those on e-tag payment will pay N180.
The sport utility vehicle toll is N250, while the e-Tag is N225.
Light Trucks and 2-axle buses tariff is now N400, while the e-tag is N360.
The heavy duty trucks/buses with two or more heavy axles will now pay N1000, while those on e-tag is now N900.
On the Ikoyi Link Bridge Plaza, the tariff of motorcycles now is N200, the Saloon Cars will pay N300, while those on
e-tag payment is now N270.
The toll for the Mini-vans, sport utility vehicles and light trucks has increased to N400, while those on e-tag is N360.
Meanwhile, the light trucks and 2-axles buses now are to pay N1, 000 and those on e-tag moved to N900.
UBA Boss Advocates Curriculum Overhaul To Equip Graduates For Technology Advancement
The Group Executive Director of United Bank for Africa (UBA), Mr Liadi Ayoku, has called for the overhaul of the training curriculum in financial institutions across Africa to reflect current technological realities, which according to him will reflect the modern business expectations and ensure the relevance of graduates to the continent’s economic growth and aspiration.
Ayoku, said this while delivering a keynote address during the annual lecture of the Faculty of Management Sciences, Lagos State University (LASU) titled: “The Future of Finance – Technology at Play” on Wednesday. He explained that finance graduates and professionals must be aware that it was no longer business as usual following the fast-changing technological landscape.
He said, “I am not certain if the finance and accounting graduates of today are familiar with modern financial softwares packages, including global accounting and financial reporting standards.
“Have they been imbibed with the ready-to-market soft skills like leadership, communication, commercial acumen, flexibility/openness to change and strategic vision? “If not, I will like to propose an overhaul of the curriculum to accommodate these,” he noted.
Ayoku further explained that with technology replacing basic financing, the finance professional that would excel in the future must be quick to retool and adapt to changes.
“Traditional knowledge of finance is getting stale in today’s business world and indeed there is dire need for retooling our skills if we must remain relevant n tomorrow’s financial world. Technology is fast replacing the basics of finance,” he surmised.
According to Ayoku, financial reporting is increasingly being automated, just as data analytics is demystifying performance analysis. Tomorrow’s finance professionals must have capabilities for business intelligence and cognitive analysis. “We must apprise ourselves of the most recent technology and continue to retool our skills to remain relevant today and into the future,” Ayoku said.
The Chairman of the occasion, Dr Rotimi Oladele, the Executive Secretary, Institute of Entrepreneurship, commended Ayoku for delivering a profound paper worthy of equipping account graduates for a future driven by technology while also praising the Chairman of UBA, Mr Tony Elumelu for his contribution to entrepreneurship in Africa, describing him as a ‘global brand of the rarest value’. He said LASU would benefit from its collaboration with the entrepreneur.
“No doubt Tony Elumelu is not just a Nigerian of rare value to Nigeria but a Premium African of rarer value and of course a Global Brand of rarest value. Tony Elumelu today as an ultrapreneur is known all over for breeding entrepreneurs and start-ups in thousands and with millions of dollars ceaselessly in support for sustainability.
“We believe LASU partnering with Elumelu could be the best testimonial of a befitting support to the most multi-cultural and multi-tribal university in Nigeria. The profile of LASU Staff and studentship speak for this fact,” he said.
The LASU Vice-Chancellor, Prof Lanre Fagbohun, represented by the Deputy Vice-Chancellor, Prof Oyedamola Oke, thanked UBA for its support and sponsorship noting that a bank that believes in the support of education is indeed a special institution.
Jim Ovia Foundation Funds Over 100 Students In Computer Education
The Jim Ovia Foundation has funded the education needs of over 100 students in computer science and other related courses under the NCS-Jim Ovia Scholarship scheme. The scholarship scheme is a collaboration between the Jim Ovia Foundation and the Nigeria Computer Society (NCS).
Since the inception of the NCS-Jim Ovia Scholarship Award in 2015, Jim Ovia Foundation has continuously renewed its annual commitment of ₦ 15.75 million to fund 35 new beneficiaries under the scholarship,providingfor their studies and research in Computer and Information Science, Computer Engineering, Information Architecture, Information and Systems Technology and Information Technology and Systems Practice.
These 35 beneficiaries include 20 undergraduates, 10 Master’s degree students and 5 Ph.D students studying computer-related courses in tertiary institutions across Nigeria.
According to Mr. Jim Ovia, Founder/Chairman of Jim Ovia Foundation, “In this age of digitization and the use of the Internet for inclusive growth in the world economy, the Jim Ovia Foundation looks to maximize opportunities to provide education and technical know-how to empower youths in Africa to position themselves at the forefront of world-class information technology development.”
To apply for the scholarship, visit NCS at www.ncs.org.ng for details.
The Jim Ovia Foundation was founded in 2004 and is dedicated to investing in African youths’ unlimited and untapped potential as the key to their socioeconomic growth and improved standard of living. The Jim Ovia Foundation through its various programmes, including the James Hope College Foundation, Jim Ovia Foundation Leaders Scholarship (JOFLS) and Mankind United To Support Total Education (MUSTE), has supported over 3,500 young persons in education and entrepreneurial endowments all overAfrica.
Visit www.jimoviafoundation.org to learn more.
300-Level UNIBEN Undergraduate Commits Suicide Over Alleged Heart Break
A 300-level student of the Department of Medical Laboratory Science, University of Benin (UNIBEN), Miss Christabel Omoremime Buoro, has committed suicide after a break-up with her boyfriend of many years.
Christabel, aged 21, was discovered on Tuesday evening at her hostel flat at Plot 4, Uwaifo Lane, Newton Street, Ekosodin area in Ovia North East Local Government Area.
Witnesses said the body of Christabell was discovered after she allegedly took some deadly substance to end her life.
An empty sachet of Klin detergent was found at the spot where she took her life.
According to the source, “a small girl of that age will take her life all because of one boy. The policemen that came to evacuate the body were very angry after reading out loud the note she dropped.
“Thank God that she even dropped a note, if not the roommates would have been in hot soup, because investigation would have started from that point.”
Two persons were said to have been invited by the Police for questioning over contents of the letter.
In the suicide note, she reportedly stated that she took her life because the guy she loved didn’t love her in return .
The institution spokesman, Mr. Michael Osasuyi, said the incident did not happen within the school premises.
Osasuyi said a team had been dispatched to investigate the incident and report back.
He said the team was yet to submit its report.