The Nigerian Association of Road Transport Owners (NARTO) has called on the Federal Road Safety Commission (FRSC) to insist that only vehicles with in-built speed limit device that can be imported into the country.
Speaking yesterday, after being inaugurated as the chairman of NARTO, FCT chapter, Alhaji Sidi Abubakar explained that the association supports any measure to reduce loss of innocent lives and property through roads crashes, but frowned at using the introduction of the speed limit device to extort money from motorists.
“I am of the view that if the FRSC can contact vehicle manufacturers so that they install speed limit device on vehicles to be imported into the country, it will be better for us.
“We in NARTO are in support of any measure aimed at reducing loss of innocent lives and property, but we are equally not in support of using the introduction of the device to extort money from our members,” he said.
Sidi also revealed that NARTO has contributed in no small way in reducing unemployment in the country, adding that the association has remained the highest employer of labour in the country, after government.
Also speaking, NARTO zonal chairman for South-west, Prince Ganiyu Salami called for the establishment of Transport Development Bank to reduce the high cost of transportation in the country.
According to him, “Every businessman wants his business to grow. And for any business to grow, it must have the support of the banks. But the banks in Nigeria are finding it difficult to give loans to people in the transport sector.
But if the government can establish the Transport Development Bank, the transporters can go straight to the banks and negotiate for loans in order to assist their businesses.