Government eases holiday travel costs with free train rides and bus fare reductions in Nigeria

In a bid to alleviate the financial strain associated with holiday travels, the Nigerian government has introduced measures to provide relief to its citizens during the festive season. The announcement, made on Wednesday, includes free train rides and a 50% reduction in public bus fares across the country.

Dele Alake, the Minister of Solid Minerals Development and head of the inter-ministerial committee on presidential intervention, emphasized that the initiative aims to enable domestic travelers to visit their loved ones and hometowns "without stress and the extra burden imposed by the high cost of transport around this period." The move is seen as a gesture to enhance the well-being of citizens during the festive season.

The discounted inter-state fares and complimentary train rides, slated to be in effect from December 21 to January 4, are part of a collaborative effort with companies operating luxury buses across 22 routes nationwide. President Bola Tinubu has given his approval to this initiative, which notably focuses on the masses, as highlighted by Mr. Alake.

Transport Minister Sa'idu Alkali expressed the government's commitment to ensuring that the substantial reduction in bus fares and the provision of free train rides will allow "every Nigerian to partake in the joy of the season without the burden of exorbitant transportation costs." This move is poised to make holiday travel more accessible and affordable for the general population.

Segun Falade, the spokesperson for the National Union of Road Transport Workers, confirmed that bus operators would adhere to the agreed-upon fare subsidy, as reported by local media. This collaborative effort between the government and transportation stakeholders aims to ease the financial strain on citizens during what is traditionally the busiest month for travel in Nigeria, with the highest number of air, road transport, and railway passengers recorded in December.

By Afolake Oyinloye, Africa News

Judge kidnapped in Nigeria and guard killed

Justice Joy Uwanna, a distinguished high court judge in Nigeria, was kidnapped while returning from a court session on Monday night in southern Akwa Ibom state.

The incident occurred along Uyo-Okoboin in Oron town, where unidentified gunmen ambushed the judge's vehicle.

Tragically, the assailants not only kidnapped Justice Uwanna but also fatally shot her police guard during the abduction. The incident unfolded as the gunmen opened fire, targeting the judge's security detail before swiftly taking Justice Uwanna and her driver away.

The police spokesperson in Akwa Ibom state, Odiko Macdon, termed the incident as "unfortunate" and confirmed that security forces are actively investigating the matter.

As of now, no group has claimed responsibility for the abduction. However, it's noteworthy that criminal gangs frequently engage in abductions for ransom in certain regions of Nigeria.

The abduction of Justice Joy Uwanna highlights the ongoing security challenges in the country, prompting intensified efforts by law enforcement agencies to address and prevent such incidents.

Africa News

Related stories: Mikel John Obi recalls his dad’s harrowing kidnappings

Video - Over 100 kidnapped from four villages in Nigeria

 

 

Dangote refinery of Nigeria gets 1 mln barrel crude cargo from NNPC

Nigeria's new $19 billion Dangote oil refinery has received 1 million barrels of oil from state-owned oil company NNPC Ltd, its second crude cargo this month, as it steps up preparations to begin operations, a Dangote spokesperson said on Wednesday.

The refinery is years behind schedule but its operations are expected to turn Africa's largest oil producer into a net exporter of fuels, a long-sought goal for the OPEC member that almost totally relies on imports.

The Dangote spokesperson said the crude had been loaded at Bonny Terminal operated by Shell and would be discharged at the refinery outside Lagos on Wednesday. Another 3 million barrels were expected before month end, the spokesperson added.

Dangote has said it expects more cargoes to be supplied by NNPC this month as well as one from ExxonMobil.

Nigeria's OPEC oil quota for next year is 1.5 million barrels per day (bpd) but the government says it plans to produce 1.8 million bpd to ensure supplies to the Dangote plant and state-owned refineries that are being upgraded.

By MacDonald Dzirutwe, Reuters

 

Nigeria $11 bln damages bill for collapsed gas deal thrown out by London court

An $11 billion damages bill against Nigeria for a collapsed gas processing project which was procured by bribery has been thrown out by London's High Court.

The West African country was on the hook for the sum – representing around a third of its foreign exchange reserves – after a little-known British Virgin Islands-based company took Nigeria to arbitration over the deal.

But the High Court ruled in October that the contract was procured by Process & Industrial Developments (P&ID) paying bribes to a Nigerian oil ministry official.

Judge Robin Knowles also found that P&ID failed to disclose the bribery when it later took Nigeria to arbitration.

He said in a further ruling on Thursday that the damages award should be thrown out immediately, rejecting P&ID's argument that the case should be sent back to arbitration.

P&ID was also refused permission to appeal against the ruling, though the company can apply directly to the Court of Appeal.

By Sam Tobin, Reuters

 

TotalEnergies pledges $6 billion in Nigeria oil, gas investments

TotalEnergies (TTEF.PA) reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met Nigeria President Bola Tinubu in Abuja on Monday.

TotalEnergies said it had signed a co-operation agreement with Nigeria's state oil firm NNPC Ltd to carry out methane detection and measurement campaigns using its advanced drone-based AUSEA technology on oil and gas facilities in Nigeria.

TotalEnergies pledged to "invest $6 billion in the coming years," with focus on offshore oil projects and gas production across all terrain, Tinubu's office said in a statement, citing Pouyanne.

Tinubu's meeting with Pouyanne follows similar talks with oil majors Shell (SHEL.L) and Exxon Mobil (XOM.N) as part of moves to attract capital to Africa's top energy producer.

Oil output from Nigeria, Africa's biggest economy, has been in decline for years, hobbled by large-scale theft and sabotage. It has picked up in recent months, helped by offshore production that is less prone to attacks.

Tinubu pledged to remove "anti-investment impediments in the oil and gas industry" and provide incentives to producers to help boost gas output. 

By Sudip Kar-Gupta and Felix Onuah, Reuters

Related story: Video - Dangote Oil Refinery set to commence fuel production in Nigeria