The nation’s transport sector lost about N200bn in three months as a result of the lockdown occasioned by the coronavirus pandemic, transport operators have said.
The National President, Public Transport Owners of Nigeria Association, Isaac Uhunmwagho, disclosed this at a press briefing, while urging the government to lift the ban on interstate transportation as soon as possible.
According to him, 10 per cent, 25 per cent and 35 per cent of businesses died permanently in the first four, eight and 12 weeks. “Inability to continue paying salaries to staff has been the plight of many transporters, as the funds are no longer there. He expressed worry that some transport owners who had rented premises might be unable to continue using some of the premises.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID-19: Transport operators lose N200bn in 10 weeks…want ban on interstate movement lifted The Public Transport Owners of Nigeria Association (PTONA) yesterday called for immediate lifting of ban on interstate transportation. The Publi…
Read more »
COVID-19: Transport operators lose N200bn in 10 weeks…want ban on interstate movement lifted The Public Transport Owners of Nigeria Association (PTONA) yesterday called for immediate lifting of ban on interstate transportation. The Publi…
Read more »
Turkish Super Lig resumes after three months suspension
Read more »
Four matches to watch this weekend | Premium Times NigeriaAfter almost three months without regular football action, European leagues are returning to empty stadiums to finish the 2019/20 season disrupted by COVID-19.
Read more »
COVID-19: Beijing delays primary school pupils’ returnBeijing said Friday it would delay primary school pupils returning to class after three fresh coronavirus cases emerged in the capital — the first after two months of no infections in the cit…
Read more »
COVID-19: Security vehicles used to transport people ‘unlawfully’ into Akwa Ibom – Commissioner - Premium Times NigeriaThe ban was put in place in place by the federal and state governments to halt the spread of coronavirus.
Read more »