Transport union urges creation of dedicated bank for sector
The Road Transport Employers Association of Nigeria (RTEAN) has voiced its support for Bola Ahmed Tinubu in the upcoming general election and is calling for a specialised Bank of Transportation. Musa Maitakobi, the National President of RTEAN, highlighted the need for dedicated financial backing for operators in the transport sector. The union believes that recent reforms under Tinubu’s administration have positioned transportation as a key driver of national development. RTEAN also praised the government’s push for Compressed Natural Gas adoption among transporters.
TLDR
- RTEAN is advocating for the establishment of a Bank of Transportation to provide affordable credit and financial support for sector operators.
- The union has endorsed Bola Ahmed Tinubu for re-election, citing ongoing reforms and sectoral improvements.
- Musa Maitakobi emphasized that a dedicated financial institution would help with fleet renewal, infrastructure, and safety.
- RTEAN commended the government’s efforts to promote Compressed Natural Gas as an alternative vehicle fuel.
- The association called for policy consistency and leadership continuity to sustain and complete ongoing reforms in the transport sector.
