Alhaji Collins Dauda, the Minister of Transport, has said the government would do its best to revitalize the ailing Intercity State Transport Corporation (STC) that is at the brink of collapse with a huge debt handing around its neck.
He said the government was determined to provide the people with
good transport services and would seek ways to revamp the STC that is
indebted to the tune of $15m.
Alhaji Dauda said this when he visited the company in Accra to
discuss with its officials possible ways of turning around the
company.
He said the most appropriate way to change its fortune was to
invite a private investor to partner it and buy stock, adding that
negotiations were underway with the Metro Mass Transport management to
off load some of its buses and coaches to the company.
Alhaji Dauda appealed to management of the company to also come
out with cost effective ways of running the company by re-examining
its operations.
Read more here:
Government Promises To Revamp STC