State government signs agreement with private transport company to manage Delta Line
Few weeks after its disinvestment from the state owned transport company, Delta Line, the state government has signed a Memorandum of Understanding (MoU) with a private transport company, God is Good Motors Limited to manage the company.
At yesterday’s signing ceremony in Asaba, Governor Ifeanyi Okowa expressed confidence that the partnership will benefit the people.
Okowa explained that since inception of the company, it has not rendered returns to the state government despite series of recapitalisation.
The Attorney-General and Commissioner for Justice in the state, Mr. Peter Mrakpor, signed the agreement on behalf of the government while the Chairman of God is Good Motors Limited, Mr. Chidi Ajaere signed on behalf of his company.
“We just witnessed the signing of MoU between the Delta State Government and God is Good Motors Limited which is a Private Public Partnership arrangement that will entail God is Good managing Delta Line, our state-run transport company to make it the best for our people and a company we all can be proud of,” the Governor said.
Okowa lamented that since inception in 1999, the company has grown and gone down because of lack of expertise to effectively run it profitably.
He said: “Every time it is down, government will recapitalise the company, but at the end, what we get is another set of debts to be paid,” he disclosed, stating, “it is only an administration that does not care for its people that will allow such to continue and I am glad that after following due process, I believe we made the right choice by choosing God is Good Motors to manage Delta Line, they are efficient, professionals in the transportation business and they have well trained drivers.”
With the agreement, the governor said that he was optimistic that in the next few years, the government will get returns from the company.
Ajaere assured that with the track record of the transport company, Delta Line would be repositioned to use the best technology to serve Deltans and humanity better.
He said that the people would get better services through with the new deal.
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