N10bn COVID-19 bailout: Controversy as inter-state transporters allege marginalization
The N10bn Federal Government bailout fund approved to mitigate the impact of COVID-19 on transportation and reposition the sector is setting off ripples as some of affected operators allege that they have been sidelined in the disbursement. It was learnt that among those who have been asked to submit documents for verification were inter-state bus owners, under the aegis of the Public Transport Owners of Nigeria Association (PTONA). In a letter dated March 28, 2021, signed by the deputy president, Emeka Mamah, PTONA appealed to the Minister of State for Transportation, Gbemisola Saraki, to ensure the verification of two key issues concerning the fund. First, the association appealed to the minister to correct apparent confusion in treating the N10 billion COVID-19 fund approved for road transporters as MSME Survival Fund domiciled with the Federal Ministry of Industry, Trade and Investment. The group also asked for immediate disbursement of the N10bn to its members to prevent imminent collapse of inter-state passenger transport companies in Nigeria
The Sun
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