TruthVanta

Truth meets Depth…

𝐎𝐲𝐨 𝐋𝐚𝐰𝐦𝐚𝐤𝐞𝐫, 𝐘𝐮𝐬𝐮𝐟 𝐀𝐝𝐞𝐛𝐢𝐬𝐢 𝐋𝐞𝐚𝐝𝐬 𝐌𝐨𝐭𝐢𝐨𝐧 𝐀𝐠𝐚𝐢𝐧𝐬𝐭 𝐄𝐱𝐩𝐥𝐨𝐢𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐓𝐫𝐢𝐜𝐲𝐜𝐥𝐞 𝐚𝐧𝐝 𝐌𝐨𝐭𝐨𝐫𝐜𝐲𝐜𝐥𝐞 𝐑𝐢𝐝𝐞𝐫𝐬 𝐛𝐲 𝐇𝐢𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐎𝐩𝐞𝐫𝐚𝐭𝐨𝐫𝐬

The Oyo State House of Assembly has taken a bold step towards protecting thousands of commercial motorcycle and tricycle operators in the state, following a motion moved by Hon. Yusuf Adebisi, representing Ibadan South West I constituency.
At the plenary sitting held Thursday, Hon. Adebisi decried the growing exploitation of riders under the current hire purchase system, describing it as a form of modern-day slavery. 
He noted that many operators are trapped in unfair agreements with private dealers, paying exorbitant amounts far above the actual cost of the tricycles and motorcycles, with harsh consequences for default.
“The average rider ends up paying two to three times the cost of the vehicle, and in many cases, even after completing payments, their ownership is not guaranteed. This House must not fold its arms while our youths and breadwinners are subjected to such oppressive arrangements.”
The motion, which received overwhelming support from members, called on the executive arm of government to investigate the activities of hire purchase operators across the state and initiate regulatory frameworks to ensure fairness and transparency in their dealings.
Hon. Adebisi also proposed that the Ministry of Transport and other relevant agencies develop affordable and rider-friendly alternatives, possibly in partnership with cooperatives, microfinance banks, or government-backed credit schemes.
In their contributions, lawmakers emphasized the need to protect the livelihoods of commercial riders who contribute significantly to the state’s economy and provide critical transport services, especially in urban and semi-urban areas.
The Speaker of the House, Rt. Hon. Adebo Ogundoyin, commended Hon. Adebisi for the timely motion and announced the composition of an ad-hoc committee tobe headed by Hon. Rahman Cephas Olorunpoto representing Oyo East/Oyo West.

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