Govt approves N10b intervention for transporters
To cushion the adverse impact of the COVID-19 pandemic on the transport sector, the Federal Government has approved a N10 billion intervention fund for the operators.
Minister of State for Transportation, Gbemisola Saraki, made the revelation while receiving the National Executive Committee (NEC) of Public Transport Owners of Nigeria Association (PTONA), led by its president, Isaac Uhunwagho, in Abuja, yesterday.
According to her, the bailout is domiciled with the Ministry of Trade, Industry and Investment.
She added that her ministry was working on the modalities for its disbursement.
On challenges transporters face from state governments and other stakeholders, the minister promised to liaise with the relevant authorities for their resolution.
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