RTEAN Call On FG To Establish Transport Bank

The ROAD Transport Employers’ Association of Nigeria, (RTEAN), has called on the Federal Government to establish Transport Bank that could give transporters free interest loans.

The National President of RTEAN,
Alhaji Musa Muhammed Maitakobi, said this during the weekend at the launching of travellers accident insurance scheme (TAIS) in Abuja.

Maitakobi said, “The establishment of Bank of Transportation as well as the privatization of federal roads will attracts private investors to come in, so that the budget for road construction can be diverted to other prevailing matters that affect the country.

“I also appeal to our members across the country to always be law abiding, support the government to improve the security of this country, as well as to obey Covid-19 guide lines in all their area of operations.

“Today we have fulfilled one of our obligation as mentioned in our constitution Article 3g.. to ensure complete welfare of the passenger and the safety of his life means a lot to his family and the Nation.”

Also speaking the Vice Chairman senate committee on Transport, Senator Nicholas Tofowomo urged government at all levels to wake up, and do the needful to improve land transport by rebuiding the sector, so that passengers welfare would be taken care of while they are on transit to their various destinations, adding that the government should wake up, let us rebuild our land transport so that we can support this travellers Accidents insurance Scheme which will make life easier for Nigerian.

Sen. Tofowomo assured Stakeholders of the transport sector that before the end of May 2021 he would sponsor a Bill for travellers Accident Insurance Scheme to give it legal backing, so that the beneficiaries would have total confidence in it.

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