ADVERTISEMENT
TechEconomy
Sunday, May 11, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Lagos Releases Impounded Vehicles to Owners Free of Charge

Lagos Releases Impounded Vehicles to Owners Free of Charge

Justice Godfrey Okamgba by Justice Godfrey Okamgba
March 7, 2023
in Travel
0
PSP Operators

RelatedPosts

UK visas | Visa

UK Visas: You Can Now Submit Application in Enugu, Port Harcourt

May 7, 2025

African Airlines Record 3.3% YoY Rise in Passenger Demand in Mar ’25

May 5, 2025

The Lagos State Government has started returning impounded vehicles to their owners without a fee.

This was announced on Tuesday in Lagos by the state commissioner for transportation, Dr. Frederic Oladeinde.

The State Government Took The Decision As A Move To Ease The Cash Crunch On Its Citizens As A Result Of The Central Bank of Nigeria’s Naira Redesign Policy, He Added, Noting That The Exercise Commenced Last Saturday And Is Currently Continuing.

The commissioner stated that fines would be dropped and vehicles seized for minor traffic infractions would be released to their owners.

He said, “There are some people that committed offenses during that period and we understand the fact that money wasn’t easy to come by.

“Looking at the governor’s magnanimity, the governor has deemed it fit to ensure that people who committed crimes within that period and wanted to pay or couldn’t pay as a result of the shortage of cash, should come and pick up their cars and he has waved the fines.

“Mind you, that does not include major crimes committed. These are just minor traffic offenses that have been committed in Lagos and this is showing empathy and trying to understand that look, we understand how difficult it has been and it is not a reason for us to stop you from making ends meet and so hence the governor’s magnanimity.

All those who have committed a crime within that period should come and pick up their cars, that doesn’t mean people should continue to offend and so right now, what we are doing is to caution them not to commit the offense again.”

United BANK

Recall that the Lagos State Governor, Babajide Sanwo-Olu, had introduced palliative measures to cushion the effect of the naira redesign policy on residents in the state by slashing the BRT fares by 50 percent.

The commissioner further stated, “When you look at what the governor proposed, especially during the cash crunch period, we have reduced public transport fares by 50 percent. So when you go on our BRTs and all the Lagos state-funded public transport, including Lag Ride, we have reduced the fare by 50 percent just to alleviate the suffering of our people.

“Apart from that, moving away from transport, we have opened up food banks in certain areas. So we’re beginning to give out palliative just to ensure that people get through this cash crunch period.

“We’re happy that APC has won at the national level and we are beginning to see some of these policies being reversed.

“So we’re hoping that in a short time, life would return to normal.”

Loading

United BANK

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares

Tags: LagosTransportVehicles
Previous Post

VPD Money Hits 2,548% in Transaction Volume, Processes Over $200m

Next Post

#IWD23: Ecobank Assures Women of Equal Treatment at Workplace

Justice Godfrey Okamgba

Justice Godfrey Okamgba

Related Posts

UK visas | Visa
Travel

UK Visas: You Can Now Submit Application in Enugu, Port Harcourt

by Destiny Eseaga
May 7, 2025
0

To effectively cater to the growing outbound travel to the United Kingdom, VFS Global said that residents of Nigeria, travelling...

Read more
Aircraft, Air travel traffic, African Airlines, IATA, Lagos Airport, MMIA, MMA - Photo by Techeconomy, Covid-19

African Airlines Record 3.3% YoY Rise in Passenger Demand in Mar ’25

May 5, 2025
Digital Borders are Transforming Travel (Credit: bannerflow)

How Digital Borders are Transforming Travel

April 30, 2025
Akanu Ibiam International Airport Enugu

BREAKING: FAAN Announces Date for Enugu Airport Reopening

April 26, 2025
Akanu Ibiam International Airport Enugu

FAAN Shuts Enugu Airport, Gives Reasons

April 19, 2025
Easter gateway Travel

Maximise Your Easter Getaway in Nigeria with Smart Travel Hacks

April 16, 2025
Next Post
Ecobank Nigeria

#IWD23: Ecobank Assures Women of Equal Treatment at Workplace

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.