FG Distributes 4,116 Buses Valued N37bn Nationwide . . A total of 4,116 buses valued N37 billion have been delivered to beneficiaries nationwide under the Federal Government’s Public Mass Transit Revolving Fund (PMTF) Scheme. . The Managing Director of The Infrastructure Bank, Mr Adekunle Oyinloye, stated this in a paper he presented at a National Workshop for Chief Executive Officers of Mass Transit Companies in Abuja. . Oyinloye said the buses were released to mass transit companies to provide cheap and affordable road transport services to Nigerians across the six geo-political zones and the FCT. . According to him, the vehicles were provided under Phases I and II of the N25 billion PMT scheme being managed by The Infrastructure Bank. . He stated that the scheme has also empowered over 50,000 Nigerians, including bus drivers, bus assistants, auto-technicians and booking clerks, through direct employment. . #instaglobal9ja #naijanews #globalbanta

10/6/2016 6:26:40 PM 0