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Truck Drivers Lament Policemen, Hoodlums’ Extortion

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Truck drivers have conto decry traumatic experiences from the lingering gridlock on Lagos ports access roads.

Truckers, a vital component of the logistics supply chain, on Saturday appealed to the Federal and Lagos State Governments to address the situation to save their lives and their means of livelihood.

The haulage operators under the aegis of Containerised Truck Owners (CTO) told our correspondent in Lagos that they were being extorted  by security agencies while truck drivers were subjected to inhuman conditions.

They said that long queues encountered by truck drivers negatively affected their health and their vehicles.

CTO is a nascent amalgam of the Association of Maritime Truck Owners (AMATO) and the Container Truck Owners Association of Nigeria (COTOAN).

The premier newspaper  reports that chieftains of the association have been holding meetings over the gridlock which keeps trucks about a month on port access roads.

The latest of such meetings was on Friday.

In a communique they issued after the meeting, CTO said: “We are hereby using this platform to beg the Federal and Lagos State Governments to urgently look into our plight, which has resulted in the following.

“Untimely death of truck drivers while in the queues of parked haulage vehicles and the inability of the drivers on those parked truck queues to bathe, eat, sleep and rest adequately.

“Exposure of truck drivers in queues to regular harassment by street urchins, commonly known as area boys.

“Subjection of truckers to wanton extortion by countless security agencies at alarming rates ranging from N80,000 to N120,000 on every truck, depending on the particular operator’s power of negotiation.

“Exposure of trucks in queues to vandals who constantly damage the vehicles and steal critical parts, which replacements further drain the lean purses of the operators.

“Subjection of the drivers to serial brutalisation and dehumanisation by security operatives,” the group said.

Our correspondent  reports that the communique dated Dec. 15, 2018, was signed by Chief Remi Ogungbemi and Alhaji Wasiu Oloruntoyin, representing AMATO and COTOAN, respectively.

According to CTO, although increased delivery of imports and congestion at Nigerian ports characterise Christmas season, increased security challenges caused by criminal elements have added to the problems of truckers.

“Ideally,  Christmas season spells good tidings and joy, but, in the current situation our members are contending with on Lagos ports access roads, it is  sorrow, tears and blood  for us except the Federal and Lagos State Governments listen to our cries and save our lives and means of livelihoods.

“CTO hereby makes a passionate appeal to members of the public, especially those who reside on corridors where trucks are either queued or parked, to kindly lend their voices for sanity on the roads by prevailing on the concerned authorities to do the needful by introducing an automated system to regulate movement of trucks in and out of the ports,’’ it said.

 

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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