Business

Akwa Ibom AFAN Appoints New Spokesman

Published

2 years ago

April 9, 2024

549 Views

The All Farmers Association of Nigeria (AFAN), Akwa Ibom State chapter, has appointed Samuel Enobong Akpan as the new Head of Media to handle its publicity and media relations.

Akpan is the immediate-past General Manager and Head of Station of Inspiration 105.9 FM, Uyo.

Announcing the appointment in a press statement issued in Uyo, the Akwa Ibom State capital and signed by the State Chairman of AFAN, Prince Bassey Inwang, he hinted that the New Media Head of the umbrella body of all farmers in the State was bringing in a wealth of experience spanning over 25 years in the media.

According to Prince Inwang, Mr. Akpan will help shape AFAN’s image in Akwa Ibom by ensuring that all activities of the Association are adequately captured by the thriving media houses in the State and beyond.

He noted that Samuel Enobong Akpan, a member of the Prestigious Nigeria Guild of Editors (NGE) and the Nigerian Union of Journalists (NUJ) is also an Organic Poultry farmer and was the producer and presenter of a popular Agric program on radio in Akwa Ibom State known as ‘Agriculture and You’.

He was the first Channels Television Correspondent in the Niger Delta region based in Port Harcourt, Rivers State. He was also a former Head of News of AIT & Raypower FM in Port Harcourt before joining Love FM Crowther Radio, Abuja as the General Manager/Head of Station.

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Business

Naira Rates To Dollar , Pound, EURO… Monday, October 5

Published

2 days ago

October 5, 2026

OCHEFA

38 Views

Black Market Exchange Rates

₦1365DOLLAR (USD)

₦1820POUND (GBP)

₦1535EURO (EUR)

₦970 CANADIAN DOLLAR (CAD)

₦65 SOUTH AFRICAN RAND (ZAR)

₦350 UAE DIRHAM (AED)

₦190 CHINESE YUAN (CNY)

₦100 GHANAIAN CEDI (GHS)

West African CFA ₦2300CFA

Central African CFA ₦2200

Australian Dollar currency ₦850AUSSIE (AUD)

Official CBN Exchange Rates

DOLLAR (USD)₦1330.10

POUND (GBP)₦1759.58

EURO (EUR)₦1496.76

SWISS FRANC (CHF)₦1605.62

JAPANESE YEN (JPN)₦8.45

CFA FRANC (XOF)₦2.29

WEST AFRICAN UNIT OF ACCOUNT (WAUA)₦1801.60

CHINESE YUAN (CNY) ₦198.39

SAUDI RIYAL (SAR)₦354.25

SOUTH AFRICAN RAND (ZAR)₦79.91

Business

Diesel Costs Bite: LAMATA Accelerates Shift To CNG, Electric Buses

The move comes as diesel prices have more than doubled, rising from about N950 per litre at the beginning of the year to between N1,950 and N2,100 per litre, depending on the source.

Published

3 days ago

October 4, 2026

OCHEFA

49 Views

Lagos is accelerating its transition away from diesel-powered public transport as the Lagos Metropolitan Area Transport Authority (LAMATA) begins phasing out diesel buses from its regulated fleet, amid a surge in diesel prices that has pushed operating costs sharply higher.

LAMATA is targeting clean-energy propulsion for 52 per cent of its Bus Rapid Transit (BRT) fleet by 2050, with compressed natural gas (CNG) and electric vehicles (EVs) taking the place of conventional diesel buses under a policy that took effect at the beginning of 2026.

The Managing Director and Chief Executive Officer of LAMATA, Mrs. Abimbola Akinajo, disclosed this weekend, during the handover of 20 additional high-capacity CNG buses under the Presidential Initiative on CNG and EVs.

The latest delivery brings LAMATA’s CNG fleet to about 170 buses, following the deployment of approximately 150 CNG buses before the new vehicles were received.

The authority also operates high-capacity and medium-capacity electric buses.

Akinajo said some of the new CNG buses would be deployed on the busy Ikorodu–Tafawa Balewa Square corridor, where passenger demand remains high.

“We will only work with CNG or EV buses, and this has been the policy since the beginning of the year,” she said.

The move comes as diesel prices have more than doubled, rising from about N950 per litre at the beginning of the year to between N1,950 and N2,100 per litre, depending on the source.

For LAMATA, the shift is therefore not only an environmental policy but also a cost-management strategy aimed at shielding commuters and transport operators from the impact of rising fuel expenses.

Akinajo said regulated public transport fares had not been increased, partly because the lower operating costs of CNG and electric buses were helping to contain the pressure on operators.

“Regulated public transport fares have not increased, and these buses have helped us achieve that,” she said.

Diesel phase-outUnder the new policy, existing diesel-powered buses in the regulated system will be progressively replaced with CNG and electric alternatives.

Akinajo said the long-term direction was for the regulated system to ultimately operate an entirely electric fleet, while the broader clean-energy target provides a pathway towards reducing emissions from Lagos’ transportation sector.

Transportation remains a major source of emissions in the megacity, making the switch to cleaner buses a key component of Lagos State’s long-term ambition of achieving net-zero emissions by 2050.