onyishi maduka samuel – peace mass transit net worth, owner

onyishi maduka samuel – peace mass transit net worth, owner

peace mass/ Sam Maduka  Onyishi
Industry transportation
Founded 1994
Website pmt.ng
Founder Chief Sam Maduka  Onyishi
Area served Nigeria
Networth

Chief Sam Maduka Onyishi, Chairman/Managing Director of Peace Mass Transit Limited
Chief Sam Maduka Onyishi, Chairman/Managing Director of Peace Mass Transit Limited

Chief Sam Maduka  Onyishi, an Enugu State-born business mogul, has over the past 20 years, revolutionalized  the Nigerian road transport system. His company, Peace Mass Transit, PMT, ferries over 30,000 passengers daily across their destinations nationwide with   3,000 buses in its fleet.
Peace mass transit has over 4,000 total employees as at September  2017, a break down of this show that peace mass transit has a total of 3,000 drivers and about 1,000 workers who are on the field at the bus terminals

How old is Peace Mass Transit

By the time of writing this article Peace Mass Transit is 22 years now.

BIRTH OF NSUKKA MASS TRANSIT

When he started his lectures as a student, he discovered he had plenty of idle time. To fill that space, he went back to Kano and withdrew that N260, 000 in his account and used it to purchase two buses. He gave one out to another driver and managed one himself. He used the bus to convey passengers after lectures on week days and full time one Saturdays
“my going into transport business was like a film. At a time, I was only doing it to support myself in school. but before I knew it, I had moved from the initial 2 buses to 8. I went into a contract with Nsukka LGA to use their name. my company then was called Nsukka Mass Transit. The number of buses continued to grow that when I was graduating in 1999, I had up to 45 buses.

Chief Sam Maduka  Onyishi background

Born in Nsukka, Enugu State in November 1963, Sam is the first son in a family of nine. Sam’s father was a bricklayer at the University of Nigeria Nsukka. He slumped and died on the last day of February, 1977. Sam had his primary school education at the Enugu Road primary school, Nsukka from 1971-1976. He then was admitted into Bubendorf Grammar school, Adazi, in Awka, Anambra State. But the death of the father left the mother with no option than to withdraw him from the school for financial reasons and bring him closer home. He then entered Community Secondary school, Mbu in Isi-Uzo LGA of Enugu State.
Barely managing to survive in school because of poverty, Sam had only one pair of white khaki shorts and a white shirt as a school uniform as against two recommended by the school.” At that time, I only wash my school uniform on Saturdays, wear it clean to school on Monday to Wednesday and avoided morning assembly on Thursdays and Fridays because my uniform was too dirty. I used to report to school early those two days, but I would go and hide somewhere until the assembly was over. Of course, I was always punished for coming late. That was not all. I climbed all the mango and cashew trees around our school to pluck their fruits for food and for sale, to supplement what my mother was giving me as pocket and feeding money. I climbed these trees so often that I know those trees knew me by my name.”
At the end of his class 3 at Community Secondary School, Mbu, he could no longer cope with the financial demands and subsequently, had to be transferred to St. Theresa’s College, Nsukka where he felt a lot more relieved as it his home. But as a senior student as he was in class 4, he was expected to wear trousers to school. He had no money to buy trousers, and so he continued wearing shorts until the second term of his final year. It was a public embarrassment. Credit :millionaire.ng
Peace mass transit  Subsidiaries

  • Peace Mass Transit Ltd
  • Peace Petroleum Nig Ltd
  • Peace Express Services Ltd (Courier Services)
  • Peace Micro Finance Bank Ltd
  • Peace Capital Market Ltd
  • Peace Bureau De Change
  • PMT Beijing Trade Co. China Ltd

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