[ 2021-03-14 ]

Govt provides Ghs 42.8 million in operations and payroll support to STC et al
A cumulative amount of Ghs 42,891,021 was spent by
government in 2020 and in January this year on two
state-owned transportation companies – Intercity
State Transport Company (STC) and Metro Mass
Transit (MMT).


Metro Mass Transit was supported with an amount of
Ghs 36,552,789 whilst STC was supported with an
amount of Ghs 6,338,232.77 in January this year.

According to Caretaker Finance Minister Osei Kyei
Mensa-Bonsu, the support to the two state-owned
transport companies was to cater for cost of
operations particularly salaries of workers as the
two firms faced serious financial constraints
caused by the Covid-19 pandemic.



“Mr. Speaker, transport workers, drivers and
conductors of tro-tros were particularly
vulnerable as they work under informal settings,
and do not have access to social safety nets.
Formal operators also suffered serious financial
constraints. Government in 2020 spent GH¢
36,552,789 as operations and payroll support to
Metro Mass Transit for March to December 2020 and
supported the Intercity STC with an amount of
GH¢6,338,232.77 as of January, 2021,” remarked
Mr Kyei Mensa-Bonsu.

Restrictions such as the reduction in the total
number of passengers onboard commercial vehicles
such as the STC and Metro Mass imposed by the
president at the height of the pandemic last year,
adversely impacted the profitability of the two
transport companies.

In the case of Metro Mass, workers on several
occasions embarked on sit-down strikes to demand
payment of salaries.

Source - NorvanReports

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