Transporters cry out over non-disbursement of N10bn COVID-19 bailout
File: Buses queue by the side of the road to pick up passengers in Oshodi, one of the largest motor parks in Lagos [Anthony Obayomi/Al Jazeera]
By Theodore Opara
Worried by their inability to cope with the challenges of providing adequate services to the citizenry, transport operators across the country have urged the federal government to urgently disburse the N10 billion COVID-19 palliative fund to their members to prevent imminent collapse of the sector.
This is as the N10bn COVID-19 bailout as intervention fund to operators in the Nigeria’s auto industry which is expected to rescue ailing companies and firms to reposition the sector seems to be shrouded in controversy.
Findings revealed that the huge fund earmarked as bailout for the transport operators is causing ripples as some operators are alleging that they were side-lined in the disbursement. It was learned that among the operators who have been asked to submit documents…