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Obiano invests N 765 mn for shuttle buses for Okada operators

The interest-free loan can be given within a year and a half. The shuttle buses will cost between N 700,000 and N 800,000 each.


Devdiscourse news desk Nigeria
Updated: 21-06-2018 10:46 IST
Obiano invests N 765 mn for shuttle buses for Okada operators

The first delivery of 200 units of the 1,000 buses in the plan will reach in the state anytime from now from Japan. (Image Credit: Wikimedia)

Governor Willie Obiano of Anambra State has put N 765 million for commercial motorcyclists in the state to enable them to buy shuttle buses following the government's decision to restrict them from operating in Awka, the state capital, and Onitsha, the Southeast commercial hub, from July 1.

This was implied in a statement issued yesterday by the Anambra State Commissioner for Information and Public Enlightenment, Mr. C. Don Adinuba.

According to the statement, the funds will be reached via the Anambra State Small Business Agency (ASBA). Existing commercial motorcyclists, popularly known as Okada operators, will take delivery of the buses once they deposit N 100,000 with ASBA undertaking to make payments every two weeks.

The interest-free loan can be given within a year and a half. The shuttle buses will cost between N 700,000 and N 800,000 each.

The first delivery of 200 units of the 1,000 buses in the plan will reach in the state anytime from now from Japan.

Adinuba, in the statement, said Obiano's administration decided to phase out Okada operations in Awka and Onitsha so as to economically empower the operators and quicken the procedure of changing the state into a modern place like Dubai.

COUNTRY : Nigeria

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