Transport Minister Joseph Bukari Nikpe has disclosed that the State Transport Company (STC) has started making a profit with the few buses it has available.
He says this improvement is what prompted the president’s intervention to secure a loan from GCB to purchase new buses for the company.
Joseph Bukari Nikpe is assuring the people of Ghana that by the end of the first quarter of 2026, STC will take delivery of new buses to augment the work they do.
Speaking on Accra-based Channel 1 Television, he said, “God willing, we should have buses by the end of the first quarter.”.
He continued, “Before the President would have agreed to talk to any bank, there were some inner arrangements we had to make.
Now put them on their own toes to see how they can be able to manage, and we have seen improvement in their daily mobilization of funds. The little buses they have, they are beginning to make a profit, which is a clear indication that if we do any arrangement for them, they will be able to pay.”
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