50% fare slash: Luxury bus owners increase trips as more travellers throng parks - Newstrends
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50% fare slash: Luxury bus owners increase trips as more travellers throng parks

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50% fare slash: Luxury bus owners increase trips as more travellers throng parks

 

More travellers heading to their country homes for the yuletide and end-of-the-year festivities have thronged luxury bus parks especially in Lagos to enjoy the Federal Government’s 50 percent fare slash offered on inter-state travels.

In response to this, the Association of Luxury Bus Owners of Nigeria (ALBON) has announced an increase in the number of scheduled trips on the Lagos-South East and Lagos-South South routes which will last until the end of the Christmas/New Year season.

This, it stated, was in response to the complaints of insufficient capacity to address the upsurge in the number of passengers on the affected routes.

The 50 percent fare slash on inter-state travels was last week approved by President Bola Tinubu for the Yuletide season.

A press statement by ALBON President, Mr. Nonso Ubajaka, and the Honorary Secretary, Mr. Frank Nneji, obtained on Monday disclosed that the Lagos-South-East and Lagos-South South routes had been witnessing an unprecedented increase in passengers since the commencement of the Presidential palliative.

The statement said there had been a sharp rise in the frequency of luxury bus departures from the popular Terminal 1 inter-state public motor park at Oshodi in Lagos as Lagosians were determined to take advantage of President Tinubu’s 50 percent fare palliative to travel to various destinations for the Yuletide season.

At the well lit Terminal 1 on Saturday, December 28, it was discovered that more people preferred to travel with the night buses as passengers thronged the various luxury bus transport companies’ booths to obtain their tickets at half the current fares.

A huge crowd of passengers was reported at the Oshodi Transport Interchange. They queued to obtain the rebate tickets even as others positioned their luggages for loading ahead of boarding.

The buses offering the special fares bore banners with bold inscriptions informing travellers that the gesture was a “Presidential Palliative” passed through the luxury bus owners umbrella body.

Despite large presence of intending passengers at the terminal, there was no stampede or breakdown of law and order as earlier reported by some online fake news platforms.

Checks at the various booths even on Sunday morning showed that a discounted fare of N23,500, which is half of the current N47,000 was being collected from the intending passengers for trips to eastern destinations like Onitsha, Owerri and Umuahia.

The high demand for the cheaper tickets has led to a situation where intending travellers throng the terminal hours ahead of night departures, while many others spend the night there to be able to pay for the discounted fare and board the early morning buses.

Some of the member-companies of the Association of the Luxury Bus Association of Nigeria (ALBON) seen selling the rebate tickets at the terminal are Evergreen Express, Okeyson Transport, Ifeanyichukwu Transport, Izuchukwu Transport, God Bless Ezenwata and Gobison Transport.

Just before departure on Saturday night, some of the passengers on board an Evergreen luxury bus going to Aba who paid N23,500 each, expressed their gratitude to President Tinubu for the fare palliative.

One of them said, ”This is the best Christmas gift anyone can get. I had given up hope of travelling home this season due to the high fares until I heard that the luxury bus transporters are partnering with the Federal Government to sell tickets at half the prices.”

Similarly, some excited Aba-bound passengers on board an Okeyson luxury bus confirmed that they benefited from the 50 percent discount, and thanked the President for subsidising Christmas season travels through the luxury bus transporters.

While an Izu Chukwu bus was seen departing to Asaba, another one belonging to Ezenwata was seen boarding Aba passengers all of whom were visibly excited that they could benefit from the “Tinubu’s palliative.”

Expressing their gratitude to the Federal Government for relieving them of the burden of high transport fares at a time of economic difficulties in Nigeria, most of them appealed for an extension of the January 5, 2025 end date, even as others hope for a similar gesture during the 2025 Christmas season.

“I am happy that I am travelling with my children with the 50 percent tickets. The President has done well, and pray he does it again next Christmas, so that poor people can travel home to meet their relations,” said a Gobison passenger, who disclosed that he and his family were also beneficiaries in 2023.

The leadership of ALBON last week commended President Tinubu for approving the subsidy on Yuletide trips.

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Nigeria Customs debunks fake recruitment update, warns job seekers

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Nigeria Customs debunks fake recruitment update, warns job seekers

Nigeria Customs debunks fake recruitment update, warns job seekers

The Nigeria Customs Service (NCS) has warned Nigerians to disregard a fake recruitment update circulating on social media, stating that the publication did not originate from the Service and should not be trusted.

In a statement released on Thursday, the NCS described the recruitment notice as false and advised prospective applicants to rely only on information released through its official communication channels.

According to the Service, the fake publication is part of a growing trend of recruitment scams in which fraudsters exploit the desire of Nigerians seeking government jobs by circulating false employment notices and demanding money or sensitive personal information from unsuspecting victims.

“The Nigeria Customs Service (NCS) wishes to inform the public that the purported recruitment update currently circulating on some social media platforms is fake and did not originate from the Service,” the statement said.

The Service urged Nigerians to verify every recruitment-related announcement before acting on or sharing it, warning that misinformation could expose job seekers to fraud and identity theft.

It stressed that all official information regarding Nigeria Customs recruitment, promotions, screening exercises and other activities is published only through its verified communication platforms.

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The NCS advised members of the public to follow its verified Facebook page (Nigeria Customs Service) and its official Instagram, X (formerly Twitter), Threads and TikTok accounts under the handle @customsng for authentic updates.

“Members of the public are advised to disregard the publication and rely only on information disseminated through the official communication channels of the Nigeria Customs Service,” the statement added.

The Service also reminded applicants that it does not charge any fee at any stage of its recruitment process, warning that anyone requesting payment in exchange for employment should be regarded as a fraudster.

The latest advisory comes amid a resurgence of fake recruitment notices targeting applicants following increased public interest in employment opportunities within government agencies.

In recent months, the NCS has repeatedly disowned forged recruitment documents, fake screening schedules and fabricated Computer-Based Test (CBT) notifications circulated online by scammers attempting to deceive job seekers.

The Service reaffirmed its commitment to transparency, fairness and merit in its recruitment process, assuring Nigerians that whenever recruitment begins, the public will be informed through its official website and verified social media platforms.

It further urged citizens to remain vigilant by avoiding unofficial recruitment websites, refusing to make payments for employment offers and reporting suspected recruitment scams to relevant security agencies.

The NCS concluded its advisory with a reminder to Nigerians: “Stay vigilant. Verify information before sharing.”

As recruitment scams continue to evolve, the Service encouraged applicants to confirm any employment-related information through official sources before submitting applications or personal details.

Nigeria Customs debunks fake recruitment update, warns job seekers

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ICPC uncovers 908 suspected ghost workers in Police, other federal agencies, recovers ₦942m

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ICPC uncovers 908 suspected ghost workers in Police, other federal agencies, recovers ₦942m
Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa Adamu Aliyu

ICPC uncovers 908 suspected ghost workers in Police, other federal agencies, recovers ₦942m

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered 908 suspected ghost workers across at least 50 federal Ministries, Departments and Agencies (MDAs), with the Nigeria Police Force (NPF) accounting for the highest number of suspected fraudulent payroll entries.

The anti-corruption agency disclosed that the nationwide payroll verification exercise also led to the recovery of about ₦942 million in salaries allegedly paid to fictitious employees, describing the discovery as a significant breakthrough in its ongoing efforts to eliminate payroll fraud and improve accountability in the public sector.

Speaking on the findings, ICPC Chairman, Dr. Musa Adamu Aliyu (SAN), said the investigation exposed widespread manipulation of government payroll systems through the insertion of fictitious names, ineligible beneficiaries and non-existent employees into salary records.

According to the commission, ghost workers are individuals whose names are fraudulently inserted into government payrolls to illegally receive salaries despite not being legitimate employees. In some cases, public officials allegedly add the names of relatives, friends or associates to the payroll and divert the salaries for personal gain.

Aliyu revealed that investigators uncovered one case involving a suspect who allegedly placed the names of his wife, son and mother-in-law on the payroll while simultaneously collecting salaries meant for 12 other fictitious workers.

The Nigeria Police Force recorded the highest number of suspected ghost workers, with 570 names flagged during the verification exercise.

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The National Water Resources Authority followed with 80 suspected ghost workers, while the Federal Ministry of Works recorded 56.

Other agencies affected include the Federal Ministry of Foreign Affairs, which had 24 suspected ghost workers, the Federal Ministry of Defence with 19, and both the Federal Ministry of Power and the Federal Ministry of Industry, Trade and Investment, each with 17 suspected ghost workers.

The Federal Ministry of Health recorded 15 suspected ghost workers, while the Office of the Head of the Civil Service of the Federation had 12.

The Office of the Accountant-General of the Federation and the Federal Ministry of Interior were also identified as agencies affected by payroll fraud, although the ICPC did not disclose the number of suspected ghost workers linked to the two institutions because investigations are still ongoing.

The commission explained that the payroll audit forms part of its broader strategy to support the Federal Government’s drive to eliminate financial leakages from the Integrated Personnel and Payroll Information System (IPPIS) and strengthen transparency in public financial management.

As part of the anti-graft campaign, the ICPC recently secured a final forfeiture order from the Federal High Court in Abuja for approximately ₦942 million traced to accounts linked to the payroll fraud scheme. The recovered funds have been forfeited to the Federal Government.

The commission disclosed that an earlier phase of the investigation initially identified 587 suspected ghost workers during a joint payroll audit conducted with the Office of the Accountant-General of the Federation. Following further verification, 120 individuals were confirmed to be legitimate employees, while investigations into the remaining suspicious accounts continue.

Aliyu said the ICPC would continue to deploy technology, data analytics and collaboration with relevant government agencies to detect payroll fraud, recover stolen public funds and prosecute anyone found culpable.

He also urged heads of ministries, departments and agencies to strengthen internal control systems, conduct regular personnel audits and ensure strict compliance with payroll verification procedures to prevent future abuses.

The ICPC reaffirmed its commitment to sanitising the Federal Government payroll system, blocking revenue leakages and promoting transparency, accountability and prudent management of public resources.

ICPC uncovers 908 suspected ghost workers in Police, other federal agencies, recovers ₦942m

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How to apply for FG’s YouthCred loan and qualify for up to ₦2 million

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How to apply for FG's YouthCred loan and qualify for up to ₦2 million

How to apply for FG’s YouthCred loan and qualify for up to ₦2 million

The Federal Government has launched YouthCred for Entrepreneurs, a new financing initiative designed to provide collateral-free business loans of between ₦200,000 and ₦2 million to young Nigerians running micro and small businesses.

The programme, unveiled in Abuja, is part of the government’s broader effort to improve access to affordable credit, reduce barriers to entrepreneurship and support the growth of Micro, Small and Medium Enterprises (MSMEs) across the country.

According to the government, the initiative will initially support 500,000 young entrepreneurs, with plans to expand the programme to one million beneficiaries before the end of the year.

Unlike conventional bank loans that often require collateral and guarantors, YouthCred uses an alternative credit assessment model that evaluates applicants based on their business cash flow, repayment capacity and credit behaviour.

Who is eligible to apply?

To qualify for the YouthCred loan, applicants must:

  • Be between 18 and 35 years old
  • Own or operate a business
  • Demonstrate responsible credit behaviour
  • Show evidence of business cash flow and ability to repay the loan
  • Complete the required verification process

How much can applicants borrow?

Eligible entrepreneurs can access loans ranging from:

  • Minimum: ₦200,000
  • Maximum: ₦2 million

The amount approved will depend on the applicant’s business performance, repayment capacity and credit assessment.

Who can benefit?

The programme targets young Nigerians operating small businesses and providing essential services, including:

  • Caterers
  • Fashion designers and tailors
  • Make-up artists
  • Hairdressers and barbers
  • Content creators
  • Ride-hailing drivers
  • Mechanics
  • Young farmers
  • National Youth Service Corps (NYSC) members
  • ICT professionals
  • Other eligible micro and small business owners

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How to apply for the FG’s YouthCred loan

Applicants can complete their application online by following these steps:

Step 1: Visit the official YouthCred application portal.

Step 2: Create an account using your email address and personal details.

Step 3: Select the Youth Entrepreneur category.

Step 4: Fill in the online application form with accurate personal and business information.

Step 5: Upload the required identification and verification documents.

Step 6: Submit the application for verification and credit assessment.

Step 7: If successful, the application will be processed through participating regulated financial institutions before the loan is disbursed.

Is collateral required?

No.

One of the major advantages of the YouthCred programme is that applicants are not required to provide collateral or guarantors.

Instead, loan approval is based on:

  • Business cash flow
  • Credit history
  • Repayment capacity
  • Overall financial assessment

Flexible repayment options

Successful applicants can repay the loan over a period of one to 12 months, depending on the repayment plan that best suits their business and financial situation.

The flexible repayment structure is intended to make borrowing more accessible while encouraging responsible financial management.

How to increase your loan limit

Borrowers who perform well under the programme can qualify for larger loans in future by:

  • Repaying previous loans on time
  • Building a positive credit history
  • Completing the platform’s financial literacy and business training modules

Government explains purpose of the scheme

Speaking at the launch, the Minister of Finance and Coordinating Minister of the Economy said the initiative was created to unlock the entrepreneurial potential of young Nigerians by giving them access to affordable financing.

According to the minister, more than 90 per cent of Nigeria’s MSMEs are microenterprises operated by individuals such as caterers, mechanics, fashion designers, ride-hailing drivers, content creators and young farmers.

He said improving access to credit would help these entrepreneurs expand their businesses, create jobs and contribute more to national economic growth.

The Managing Director and Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP), Uzoma Nwagba, said the government intends to reach 500,000 beneficiaries in the first phase and one million young Nigerians before the end of the year.

He encouraged beneficiaries to repay their loans promptly, noting that responsible borrowing would strengthen their credit profiles and allow more Nigerians to benefit from the programme.

The Federal Government said the initiative forms part of its broader strategy to promote financial inclusion, stimulate entrepreneurship and empower young Nigerians with affordable access to business financing.

How to apply for FG’s YouthCred loan and qualify for up to ₦2 million

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