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THE TANKER EXPLOSION AT OTEDOLA BRIDGE: A CLARION CALL TO THE GOVERNMENT

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The tragic incident that occurred on Thursday 28th July,2017 will forever be one of the saddest moments in the minds of Lagosians and indeed Nigerians all over the world. The ill-fated fuel tanker which exploded on Otedola Bridge inward Ojodu Berger along Lagos-Ibadan Expressway killing several persons and destroying over Fifty Vehicles, it was indeed a Black Thursday and my condolence goes to the families of those who lost their loved ones.  I must commend the Lagos State government for showing once again that the state is indeed a model of excellence in governance the speedy response to the emergency situation and the evacuation of victims was “sine qua non” and it helped to reduce the number of casualties. According to the Police Chief, Mr Edgal (after a Security Council Meeting chaired by the Governor Akinwunmi Ambode), “ Henceforth, we are using this opportunity to call on all tanker drivers, all lorry drivers, all owners of such articulated vehicles to please submit th

THE APAPA GRIDLOCK; A NEED FOR TRAFFIC MANAGEMENT IN LAGOS STATE

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The traffic situation in Apapa which started few months ago has now taken another dimension, it has become more than a nightmare for commuters. It is not only affecting the revenue that both the State and Federal government ought to generate but also affecting private business owners across the country. The poor state of road conditions , the unprofessional conducts of some security officials, especially those of the Nigerian navy, the Nigerian Ports Authority (NPA) and the police drafted to control traffic on major roads in Apapa, and lack of truck parking yards are some of the factors responsible for the resurgence of gridlock in the area. The gridlock assumed a worrisome dimension on Wednesday morning as traffic on major routes in and out of the port city came to a standstill. The stretch of traffic extended from the Tin Can Island Port end to Mile 2 with all the lanes on the ever-busy Apapa-Oshodi expressway blocked by trucks and tankers. The Ijora Wharf end did not fare any

RE: OVERLOADED HEAVY DUTY VEHICLE OWNERS TO PAY N10m FINE — FG

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As reported by a Punch Newspaper Journalist Okechukwu Nnodim published March 20, 2018. The Federal Government of Nigeria has announced that owners of overloaded heavy duty vehicles that ply federal highways will start paying fines ranging from N1m to N10m according to an official

COST STRUCTURE FOR TRUCK BUSINESS IN NIGERIA (2)

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In the previous article i wrote about the need to allocate certain percentage of the total cash flow

COST STRUCTURE FOR TRUCK BUSINESS IN NIGERIA (1)

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Cost structure in truck business simply means what percentage of cash flow from a truck should go to

WHY IT IS DIFFICULT TO MAKE PROFIT ON YOUR TRUCK(S)

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When truck owners complain of not making money with their trucks, i knew instantly that the statement is “very true” right from inception.