IN A FIRST FOR INDIAN RAILWAYS, AN AUTOMATED TELLER MACHINE (ATM) HAS BEEN SUCCESSFULLY TESTED INSIDE A TRAIN COACH. (PHOTO).

Image
 In a first for Indian Railways, an Automated Teller Machine (ATM) has been successfully tested inside a train coach.  The trial took place on Tuesday inside an air-conditioned coach of the Panchavati Express, which runs daily between Manmad in Nashik and Mumbai. This ATM facility is part of a joint effort by the Bhusawal division of Indian Railways and the Bank of Maharashtra. The ATM worked smoothly during the journey, with only minor interruptions when the train passed through the no-network zone between Igatpuri and Kasara, an area known for its tunnels. Despite the short signal losses, the ATM continued to function well and served its purpose. Union Railway Minister Ashwini Vaishnaw shared a video of the ATM on social media, calling it the first of its kind in India. This unique idea came from a meeting under the Innovative and Non-Fare Revenue Ideas Scheme (INFRIS) by the Bhusawal division. Divisional Railway Manager Ity Pandey said the proposal was quickly taken forward...

FUEL SUBSIDY INTERESTS FIGHTING US- SHETTIMA. (PHOTO).



Fuel subsidy interests fighting us – Shettima


The Vice President, Sen. Kashim Shettima has raised an alarm that those who lost out as a result of the removal of subsidy are determined to frustrate government policies and programmes.


He made the accusations in Abuja at the 16th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria (CIBN).


Sen. Shettima said the Bola Ahmed Tinubu administration remains committed to its decisions, policies and programmes and vowed that the removal of subsidy is irrevocable.


Addressing the audience, Vice President Shettima stated that ā€œwe know the consequences of unveiling a masquerade. We know the fuel scam industry is a very hugely loaded industry, they will make every efforts to undermine us but as I said earlier the removal of fuel subsidy is irrevocable; truly we are in dire straitsā€.


Speaking on the consequences of recent government policies and programmes especially the removal of subsidy, Sen. Shettima said ā€œI must announce with pride that our decisions are already yielding tangible results, with both state and federal governments now enjoying more substantial allocations.ā€


ā€œThese funds promise a direct and positive impact on the lives of our citizens. Without the serially unaccounted fuel subsidies, we can now redirect our savings towards more deserving causesā€.


He however, called on the banking community to join the government in rejuvenating the economy.


ā€œWe must now do what pessimists may regard as impossible: turning the economy around in record time. We seek your partnership in getting this done. We cannot take your support for granted.ā€


ā€œThis journey towards economic rejuvenation is not one to be undertaken in isolation. It is a call to forge robust partnerships with strategic nations and multilateral organizations, for in unity, Nigeria can reposition itself as a formidable, globally competitive partner.ā€


On the ā€˜Eight-Point Agenda’ of the Tinubu Administration, Shettima said ā€œwe have resolved to prioritise food security and ending poverty. We are prioritising economic growth and job creation. We are prioritising access to capital and improving security.

 

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).