Peace Mass Transit (PMT) Limited, has unveiled a unique staff welfare package that transforms its bus drivers to owners of such vehicles in record time.

Chairman and Chief Executive Officer of the company, Dr. Sam Maduka Onyishi, is optimistic the new policy will bring about a better safety record and in addition, give drivers an assured sense of belonging and responsibility to handle vehicles in their possession with more care.

The policy comes into effect Monday, July 1, 2019. It is the first of such innovation in the transport industry in Nigeria and code-named Driver-To-Owner (DTO) Scheme

It is on record that PMT pioneered the speed limiter innovation in commercial buses in Nigeria 10 years ago. Then Corp Marshal, Osita Chidoka, personally visited PMT headquarters at Emene, to commission the project.

Dr. Onyishi, who announced the new policy to a gathering of excited drivers at the Emene headquarters of the Peace Group Friday, told them all PMT buses in their possession had technically become theirs, and would formally change ownership if and when they made steady financial returns up to an agreed amount into the account of the company, in due course.

It is widely acknowledged that drivers of commercial vehicles are generally more considerate and safety conscious if and when they have an economic stake in the vehicle they operate.

Dr. Onyishi told them that from Monday, July 1, they would effectively become owners of the buses they drive, while assuring that the new policy was well-thought-out and particularly designed to appreciate and empower drivers in the service of PMT.

Dr. Onyishi recalled while addressing the staff that he had promised the present Corps Marshall, Boboye Oyeyemi, during his maiden visit to PMT, that as Chief Executive officer, he would continue to think out of the box and make necessary sacrifices to improve safety on the Nigerian highways. The DTO, he added, was in partial fulfillment of that pledge

The over 3000 buses in the PMT active fleet are involved in the scheme in the first instance, in addition to the 200 units of new Kingo Hiace buses to be injected shortly. They are undergoing final stages of installation at the Peace Mass Auto Assembly Plant.

The CEO told the staff that the DTO policy was meant to reward hard work and create future PMT drivers and their families would look forward to with assurance and pride.

Prior to the introduction of the DTO, PMT had had, over the years a reward policy for diligent drivers on long service. Under this policy, drivers who had put in 15 years and above in PMT service are entitled to a bonus of a fairly used vehicle on retirement.

PMT is the leading mass transit company in the country with operational depots in over 65 locations across the federation.

She has been around for over two decades.

https://autojosh.com/peace-mass-transit-transfers-bus-ownership-to-drivers

Hope this won't make them to drive rough and faster in order to meet target and own the bus. We Nigerians must always find a way to try destroying a system no matter how laudable it is

Good move. Same thing Dangote does.

This will make drivers to be more careful on the road knowing fully well the bus will become theirs few years to come.

But, I will also advise the drivers to take up this scheme on Toyota Hiace buses and not the KingLong and other Chinese make.

Keep making us proud, Dr. Maduka Onyishi. Peace Mass Transit, A Gift from Above.

JubrinElSudan:
Hope this won't make them to drive rough and faster in order to meet target and own the bus. We Nigerians must always find a way to try destroying a system no matter how laudable it is

My thought exactly

Smart guy...

Transfer of assets fully depreciated in their books..

Sam Onyishi is a wise business man. nice one

JubrinElSudan:
Hope this won't make them to drive rough and faster in order to meet target and own the bus. We Nigerians must always find a way to try destroying a system no matter how laudable it is

Hire purchase does not work like that, even if the driver drives roughly just to meet the target and if any fault arise to the bus, that will be not be at the expense of PMT but at the expense of the hiree, cause there's percentage of money the hiree must be depositing every month or some agreed time.

JubrinElSudan:
Hope this won't make them to drive rough and faster in order to meet target and own the bus. We Nigerians must always find a way to try destroying a system no matter how laudable it is

pls read again..
This system is better of.. Than acting like they are not the owner of the vehicle...

This is a very good way to go.......

JubrinElSudan:
Hope this won't make them to drive rough and faster in order to meet target and own the bus. We Nigerians must always find a way to try destroying a system no matter how laudable it is

in fact it will make the drivers to be more conscious of their vehicle and limit speed and recklessness.

wrong move!!!
na now those driver go wan double their hustle, they drive speed, without proper maintenance of the vehicle

PMT drivers that are so rude and always over speeding when they were not on target will become worse now that they have to pay for their buses. I wish those who board them safe journey. But for me it’s a NO with the experiences I had between PH and Enugu with PMT.

omoadeleye:



Hire purchase does not work like that

financial target? If normally making 2 trips daily will help a driver reach the target in a year, he decides to increase it to 4 trips daily to shorten it, won't it be "adversal" to him and maybe his passengers in the long run?

Good move...my own is different from our own.

Good move.

A way to curb incidents and accidents.

Another way of slaving the drivers.
If you know what I mean.

Na today??

ownership spirit, transferred, hope this will curb reckless driving, unnecessary hike their fare, good maintenance of the vehicle, @ simplydatmat...

G

JubrinElSudan:
Hope this won't make them to drive rough and faster in order to meet target and own the bus. We Nigerians must always find a way to try destroying a system no matter how laudable it is

Not at all. It's a good move. They will be more careful with the buses. After all, there's bnothing the driver's speeding will do, because they only go once a day or at most twice a day for short distances.

Obinnau:
in fact it will make the drivers to be more conscious of their vehicle and limit speed and recklessness.

This is it true. They don’t follow any traffic rules even when they were working for the company. It’s going to be worse now that they’re going to meet up with the purchase of their vehicles

Obinnau:
in fact it will make the drivers to be more conscious of their vehicle and limit speed and recklessness.

financial target? If normally making 2 trips daily will help a driver reach the target in a year, he decides to increase it to 4 trips daily to shorten it. That's another angle

My experience with this transport company will not even allow me acknowledge any good thing they do.

Goodmorning house. Pls am not going to ask for too much. All I want is a Keke Napep for Hire purchase. Abuja

Obinnau:
in fact it will make the drivers to be more conscious of their vehicle and limit speed and recklessness.

That's true

Who manhandles the things he own? Good development.

JubrinElSudan:
Hope this won't make them to drive rough and faster in order to meet target and own the bus. We Nigerians must always find a way to try destroying a system no matter how laudable it is

I think this is actually to check mate that. When one knows the vehicle will belong to you , it would make one driver smarter to avoid damage but yes maybe faster

Now the vehicles will last knowing that if you misuse it it's at the expense of the driver

Nice one.


I have noticed for some years now that almost 80percent of IMO TRAVELS AND TOURS drivers are yorubas.


Why is that?