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BMW 3-Series GT breaks cover in Nigeria

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LAGOS – It was another pleasurable moment in Lagos, Nigeria’s commercial capital and the heartbeat of automotive business when Coscharis Motors, sole franchisee of BMW brand, pulled off the veil to herald the arrival of the BMW 3 Series Grand Turismo (F34).

By simple definition, BMW 3 Series Grand Turismo (F34) valued at a starting price of N11.5million is the estate or five door version from the family tree of the conventional of 3-Series sedan.

Giving a graphic detail of the Grand Turismo, Cosmas Maduka, president/ chief executive of Coscharis Group represented by Shola Adigun, assistant general manager, Coscharis Motors said that the new BMW 3 Series Gran Turismo is a completely independent concept within the BMW 3 Series range, providing a unique combination of sporty and elegant coupé design, excellent versatility, space and the hallmark BMW driving experience.

The now fifth variant of the BMW 3 Series clearly combines two apparent contradictions: a deliberately coupe-like vehicle design on one hand and on the other, an extraordinarily generous amount of space with excellent functionality which one would never expect to find in a car with such a sporty and elegant roofline.

However, this does not adversely affect the car’s dynamic appearance. It is simply a car with intelligent innovations. It is the first ever BMW vehicle with active rear spoiler which enables very coupe-like silhouette and elegant, low rear. Also it has aerodynamic benefits; increases down force at high speeds and reduces drag.

Main features include an elevated seating position, comfortable vehicle ingress and a highly versatile luggage compartment. At 4.82 metres in length, the latest member of the BMW 3 Series family is about 20 centimetres longer than the BMW 3 Series Touring. It provides an additional 7.0 centimetres of legroom for the rear passengers and with 520 litres of storage capacity, it offers an extra 25 litres of luggage space.

Maduka told the motoring press that BMW with its 3 Series is not just the best-selling manufacturer in the compact executive class- it was also the first car maker in this segment to offer no less than four different body variants: Saloon, Touring, Coupe and Convertible. Now the range has been expanded with the addition of another, so far unique vehicle concept: The BMW 3 Series Gran Turismo.

– BUSINESS DAY

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FCTA Pulls Plugs On Taxi Rank, Terminal Services Contracts

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The Federal Capital Territory Administration (FCTA) has ended contracts with taxi rank and terminal operators due to their failure to meet engagement terms and conditions.

Mr. Ubokutom Nyah, the Mandate Secretary of the Transportation Secretariat, FCTA, made this announcement during a meeting with managers of these terminals and taxi ranks in Abuja.

Nyah clarified that due to the operators’ failure to fulfill their engagement terms, the FCTA had to terminate their contracts.

He instructed them to transfer control of the ranks to the Administration within three months, starting from Nov. 21.

He lamented the presence of unauthorized motor parks in the city and assured the readiness of the Administration to establish proper taxi ranks and terminals in the capital.

He revealed that personally visiting the city’s taxi ranks, terminals, and unauthorized motor parks gave him direct insight into the poor condition of these facilities.

He emphasized that as the federal capital city, Abuja deserves better, highlighting that the poor condition of these facilities attracts various criminal elements.

He said “We must rid Abuja of all these. I have gone round the taxi ranks, and of all the places I visited, not one is worthy to be called even a village motor park.”

The Mandate Secretary stressed that the intention wasn’t punitive; rather, it aimed to revamp the sector, introduce new engagement terms, and modernize taxi ranks and terminals in the federal capital.

He also highlighted the plan to increase the number of terminals and ranks where necessary, which would positively impact the administration’s revenue.

He emphasized that this measure was part of a broader effort to eliminate illegal motor parks in Abuja and curb the associated criminal activities.

In response, Mr. Adebisi Lawal, the Operator of Jahi Taxi Rank, praised the administration’s initiative to modernize the taxi ranks and terminals.

Lawal urged the administration to prioritize current operators’ involvement in the selection of new developers for the modernization of the taxi ranks and terminals.

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Power Show Sees Soldiers Batter LASTMA Officer

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It was a show of power at the Ojota area of Lagos on Monday as soldiers pummeled an officer of the Lagos State Traffic Management Authority, (LASTMA).

Eyewitness accounts claim that the ugly scene played out around 8am, and saw about eight soldiers pounce on the yet to identified LASTMA official, while his colleagues took to their heels.

The video of the melodrama has gone viral, where the LASTMA official was appealing to the soldiers, who appeared bent on ‘teaching him a lesson’.

This onslaught comes on the back of a reported assault of a soldier at the same location by LASTMA officials last week.

It would appear that what played out today was the army asserting its authority and defending their khaki as the armed soldiers carried out what looked like a revenge mission.

Eyewitnesses further averred that the victim was rushed to a nearby hospital, after the soldiers left the scene.

It was gathered that the authorities at LASTMA has reported the incident to the military authorities who are said to be looking into the matter.

Meanwhile many members of the public are rejoicing that the soldiers have taught the crude LASTMA official that power is stronger than power, for all their atrocities against motorists on Lagos roads.

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Intra-City Fares Skyrocket By 98% Month-On-Month – NBS

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Kogi, Ogun, Cross River Propel Mining Sector’s 17.95% Growth – NBS

The impact of the removal of subsidy on Premium Motor Spirit (PMS), otherwise known as petrol, has seen the pump prices of the product skyrocket with a corresponding increase in the cost commercial transportation in Nigeria.

According to the National Bureau of Statistics (NBS), intra-city bus transportation fares across Nigerian cities, measured between May and June 2023, increased from N649.59 to N1,285.41 in June 2023.

This translates to 98 percent growth or N635.82 within the month in view.

The NBS made the data available in its Transport Fare Watch report for June 2023.

In the report, the NBS also shared the breakdown of bus journeys within the cities per drop for constant routes; bus journey intercity (state route); charges per person, amongst others.

On a year-on-year basis, the report has it that bus fares rose by 120.63 percent from N582.61 paid by commuters in June 2022.

The average fare paid by commuters for bus journey intercity per drop rose to N5,686.49 in June 2023 compared to N4,002.16 in May 2023 indicating an increase of 42.09 percent, month-on-month.

The report read, “The average fare paid by commuters for bus journeys within the city per drop increased by 97.88 per cent from N649.59 in May 2023 to N1,285.41 in June 2023.

On a year-on-year basis, it rose by 120.63 per cent from N582.61 in June 2022.

“In another category, the average fare paid by commuters for bus journey intercity per drop rose to N5,686.49 in June 2023, indicating an increase of 42.09 on a month-on-month basis compared to N4,002.16 in May 2023.

“On a year-on-year basis, the fare rose by 55.25 per cent from N3,662.87 in June 2022.”

Biztellers reported that the twin forces of forex pressure and increasing price of Brent in the global market would likely see the pump prices of petrol, increased again in no distant time in Nigeria.

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