ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home oriental news

We’ll return Abia Line Transport to part of profit –Nwagwu

23rd August 2017
in oriental news
0
We’ll return Abia Line Transport to part of profit  –Nwagwu
Share on FacebookShare on Twitter

From  Chuks Onuoha, Umuahia

Chief John Nwagwu, one of the pioneer members of staff  of  Abia Line Network Transport Company did not know how deep  the company’S neck was  deep in debt when he was appointed acting general manager.

It was when he mouted the saddle on December 28, last year that the picture of what was ahead of him became clear to him.

The two questions were whether to accept the offer and confront the huge challenges that had crippled the company headlong or run away. He was aware that if he took the later decision, posterity would record him as one who failed in the midst of all odds.

“I took up the challenges and resumed,” he reminisced.

According to him, “immediately it was New Year, debtors came from every corner, demanding to be paid, yet there was no money to pay them. One day I was in the office, when some of the banks that the company owed came with security agents to seal the company.

“So, when the banks came and threatened to seal the company, we pleaded with  them. I told them that If they did, how would they recover their debt. They reasoned with us and we entered into an agreement to pay certain amount so that they could  leave us to be paying the rest gradually.

“We mopped up fund from different sources and paid them about N8 million. We went further to concede some of our viable routes to them, that they will be collecting money directly from those routes.  So as I talk, they are collecting their  money directly from the field. If we are able to service our debts, we can now negotiate to get loans for buses.

It was obvious that the government handed over an ailing company and watched what he was going to do with it. And eight months after, Nwagwu can beat his chest that Abia Line Network is becoming a success story.

“Most of the vehicles you see here do not belong to the government; they belong to individuals because we also operate franchise. It is when the government gives out vehicles that they will be interested in what comes out from their investment.  Vehicles were not given to us by the government, they were on loan and the liability lies on the company.  They only grant us consent to negotiate for loans, and even that consent lies on Abia Transport Network. We have been battling to see how this place will survive. It is true that banks granted us loan, but the payment of that loan still lies on Abia Line Network. All we are doing is trying to make sure that this place exists so that by the time we are leaving, whatever is our  right will be given to us.  Anyone in position of leadership who has intention to cheat is doing harm to himself,” Nwagwu said.

The transport company boss explained that  when he first came the number of  vehicles were about 45 buses and operational buses were about 16.

“Most people had stopped coming to work when I came because of the one year salary debt and I did not  blame them because how can someone come to work and does not receive salary? We still continued, called for a meeting, appealed to them to agree for us to forget allowances and get at least our salaries.  By the grace of God we have paid up to eight months when most ministries are still owing up to eight months to civil servants.

“The only secret behind my success is that I am  as old as the company and I know the in and out of the organization. My only problem with all of them that sat  on this sit is that when they came, they look at those of us who had been here as enemies. They never asked us how the company could be made to move forward. They believed that the company is a mining site, but soon discover otherwise and move out.

“I know that those who came in here as politicians came to make little money and go, that is the truth about it. Most times they  go out of their way to compensate themselves. If you are the manager,  anybody who will be an obstacle to them, they keep you by the side.

“If you come into a place,you should be patient to find out how they are surviving , if you happen to ignore those who are on the ground to run the place the way you like, you will have problem. That is what we have been suffering here since we came in,  that is why the place is the way it is today. Those who came before us grounded it when they did not see the gold they wanted. But the gold is there, embedded in patience and hard work; only those who are true managers will find it and benefit from it. Abia Transport, if well funded and managed is a goldmine, but it is not everybody that sees the gold in it, only those who are ready to do work for the company will stand to enjoy it…

“There are lot of things to be done for the place to move forward.  If we diversify to  other areas, we can no longer depend on transport alone to survive. Moving passengers from one point to the other is not the dream we have in Abia Transport. If the government comes to our aide today, they will know that people who are capable of turning the fortunes of the place are now in charge,” Nwagwu said.

sunnews

sunnews

Related Posts

Gasping for breath
Features

Gasping for breath

1st February 2023
Festival with difference
Features

Festival with difference

1st February 2023
Royal rage
Features

Royal rage

25th January 2023
Next Post
 Anambra 2017 and the Uba challenge

Ufuma community honours illustrious sons, daughter at new yam festival

Flood wreaks havoc in Ebonyi community

Flood wreaks havoc in Ebonyi community

FG, States, LGAs share N467.8bn for August

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Nigeria decides 2023: People’ll vote for candidates, not parties  –Obidigwe

Nigeria Decides 2023: Tinubu’ll win 75% of Edo votes -Inegbeniki

Nigeria Decides 2023: Chidoka best choice for Idemili North/South –Group

PDP presents certificates to 351 Atiku/Okowa Volunteer Groups in Edo

APC suspends 100 members over anti-party

TI index: We’re not fighting corruption to impress –FG  

Trending

Tension, anxiety as Supreme Court settles Imo guber today
National

S’Court sacks Bwacha as Taraba APC guber candidate

2nd February 2023
0

The Supreme Court has nullified the nomination of the governorship candidate of the All Progressives Congress (APC)...

Tension as bandits kill Kaduna lawmaker

16-year-old killed as gunmen attack INEC office, police station in Anambra 

2nd February 2023
2 arrested in Ogun for gangraping girl, 18

… I called police early enough – Monarch

2nd February 2023
Nigeria decides 2023: People’ll vote for candidates, not parties  –Obidigwe

Nigeria decides 2023: People’ll vote for candidates, not parties  –Obidigwe

2nd February 2023
Nigeria Decides 2023: Tinubu’ll win 75% of Edo votes -Inegbeniki

Nigeria Decides 2023: Tinubu’ll win 75% of Edo votes -Inegbeniki

2nd February 2023
ADVERTISEMENT

Follow us on social media:

Latest News

  • S’Court sacks Bwacha as Taraba APC guber candidate
  • 16-year-old killed as gunmen attack INEC office, police station in Anambra 
  • … I called police early enough – Monarch
  • Nigeria decides 2023: People’ll vote for candidates, not parties  –Obidigwe
  • Nigeria Decides 2023: Tinubu’ll win 75% of Edo votes -Inegbeniki
  • Nigeria Decides 2023: Chidoka best choice for Idemili North/South –Group
  • PDP presents certificates to 351 Atiku/Okowa Volunteer Groups in Edo
  • APC suspends 100 members over anti-party
  • TI index: We’re not fighting corruption to impress –FG  
  • Its callous for APC to accuse Ortom of killings, cattle rustlings –PDP
  • ACF backs removal of subsidy as solution to fuel scarcity 
  • Presidential election’ll usher in new Nigeria, says Maduka, LP guber candidate 
  • Ezekwobi lauds Ojukwu for creating  Ezeship for Igbo in diaspora 
  • Women to march for peaceful election  in Lagos 
  • Withheld salary’ll be paid, ASUU President assures members
  • Ugwuanyi storms markets, receives endorsements from traders, supporters
  • Stop bloodbath in Imo, CUPP begs Buhari
  • Ooni of Ife commends OPU for being pride of Yoruba race
  • Why JAMB reduced CBT centres for 2023 UTME –Oloyede
  • Bayelsa begins awareness on NTDs

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation

© 2019 The Sun Nigeria - Managed by Netsera.