COVID-19: Luxury bus owners bemoan N12bn loss

The umbrella body of luxury bus owners, Association of Luxury Bus Owners of Nigeria, has lamented the loss of N12 billion by its members arising from the restriction of movements, the ban of interstate travels as a result of the coronavirus pandemic.

ALBON at a press briefing in Onitsha made the disclosure with claims that businesses of its members were near collapse with most luxury bus owners facing the difficulty of providing for their families and also paying staff salaries.

According to the National Task Force Chairman of ALBON, Joseph Ejiofor, and the Anambra State Task Force Chairman, bus owners are still counting their losses due to the continued interstate travel ban.

“Most of the bus owners find it difficult to pay salaries and feed their families. Our business is on the verge of collapse if government fails to support us through intervention fund to write off our loans.

“We also need funds to pay our banks, partners and bus suppliers who have been on our neck to pay up loan facilities and supplies. We have time limit based on the agreement to complete the previous ones to get new ones,” ALBON said.

The association, therefore, appealed to both federal and state governments to allow them to move essential goods across the country.


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