MEDIA ORGANISATIONS TO ENJOY FINANCING AT SINGLE-DIGIT INTEREST RATES- FG. (PHOTO). #PRESS RELEASE

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 Media Organisations to Enjoy Financing at Single-Digit Interest Rates - FG  President Bola Ahmed Tinubu has directed the Federal Ministry of Industry, Trade and Investment, through the Bank of Industry (BOI), to extend its single-digit interest-rate financing to media organizations in the country. The Minister of Information and National Orientation, Mohammed Idris stated this in Abuja on Wednesday when he received members of the Independent Broadcasting Association of Nigeria (IBAN) on a courtesy visit to his office.   According to the Minister, the gesture is in keeping with the administration’s resolve to create an enabling business environment for the media to operate in Nigeria. “Let me say that the Federal Ministry of Information and National Orientation under my leadership, as part of our five pillars, will support all media platforms in this country, whether they are public or private. “I can tell you that the President has directed the Federal Ministry of Industry, Trade and
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TWO DROWN, MANY INJURED IN THIRD MAINLAND AUTO CRASH. (VIDEOS/PHOTO).

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Two drown, many injured in Third Mainland auto crash


Two passengers have reportedly drowned after they fell into the lagoon from a commercial bus on Third Mainland Bridge in Lagos State.

Other passengers sustained varying degrees of injuries from the incident, The Nation learnt.

The crash occurred on Eid-el-fitri when Muslims are celebrating the end of Ramadan.

The Nation learnt that the driver of the 20-seater bus with number plate FKJ 872 YA was trying to avert plunging the vehicle into lagoon when the passengers fell off. 

Southwest Coordinator for the National Emergency Management Agency (NEMA) Ibrahim Farinloye.confirmed the incident. 

He said a rescue team has commenced search-and-rescue operations.


Passengers thrown into lagoon as bus crashes on Third Mainland Bridge

By Ogaga Ariemu

A commercial vehicle (Danfo) carrying several passengers crashed on the Third Mainland Bridge in Lagos on Wednesday.

Confirming the incident, Mr Ibrahim Farinloye, Lagos Territorial Coordinator, National Emergency Management Agency, NEMA, said the impact of the accident threw two passengers, both adults, off an 18-seater bus into the Lagos lagoon.

Farinloye disclosed that personnel of the Marine Police are conducting a search for the two passengers, a male and female, who fell off the bus.

He further disclosed that the crash, involving the bus with registration number FKJ 872 YA, occurred by Adeniyi Adele axis inward of Lagos Island.

The NEMA official explained that the driver of the vehicle, who was on speed, swerved off the road and hit the bridge rails.

The impact of the crash forcefully pushed the two passengers off the bus into the Lagos lagoon.

“The victims, an adult male and female, are being searched by the Marine Police.

“The injured have been evacuated to a nearby hospital,” Farinloye added.

Watch videos below. 


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