Kwara Express to get 50 additional buses

Date: 2014-05-14

No fewer than 50 buses will be injected into the Kwara State Transport Corporation, the Kwara Express, by the state government.

This, according to the Managing Director, Harmony Holdings Limited, Mr. Tope Daramola, is aimed at improving the operations of the company.

Harmony Holdings is the coordinating and supervising entity of about 21 companies owned by Kwara State Government including the Kwara Express.

Daramola stated that the state government was committed to ensuring a transport company that would operate at global best practices and standards.

He added that efficient transport system would boast commerce and industry, agriculture, tourism and overall socio-economic, political and cultural well being of the residents.

He spoke in an interview with journalists on the sidelines of the first annual general meeting of Kwara Holdings.

According to him, the firm made a profit before tax of N275m aside from profit recorded by the Kwara Express and Ministry of Finance Incorporated.

It also declared a dividend of 75 Kobo per N1.00 ordinary share.

Daramola further said that the Kwara Express had been re-strategised for efficient operations and profitability.

He said, "We have gone far about the Kwara Express. We have done a complete turnaround of the company. We are planning to inject minimum 50 buses in the next batch. We are going to scale them and inject them depending on how their capacity can be sustained."

Source

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Abdulwaheed Musa     Ibrahim Kayode Adeyemi     Bureau Of Lands     Bolakale Saka     Salihu Jibril Garbi     Seun Bolaji     Haruna Tambiri Mohammed     Sunday Fagbemi     Ebun-Olu Adegboruwa     National Union Of Road Transport Workers     Oba-Solagberu     Lanre Issa-Onilu     Amusa Bello     Kehinde Boyede     Irepodun     Sulyman Abdulkareem     Saheed Akinwumi     Iponrin     Yemi Osinbajo     Omu Aran     Kayode Zubair     Saba Jibril     AbdulRasaq Abdulmajeed Alaro     Kunle Okeowo     Busari Alabi Alausa     Halidu Danbaba     Kwara State Polytechnic     Emmanuel Olatunji Adesoye     Abdulquowiyu Olododo     Bankole Omisore     Yusuf Aiyedun     Olatunde Jare     Sherif Sagaya     Yahya Mohammed     Apado     Mujtabah Bature     Olaoye B. Felix     Omu-aran     Earlyon Technologies     AbdulRahman Saad     Illyasu Abdullahi     Segun Adeniyi     Isiaka AbdulRazaq     Umar Ahmed Gunu     Salman Alada     Binta Abubakar Mora     Na\'Allah     Okin Malt     Obuh     Ojo Fadumila     Ganiyu Taofiq     Oyawoye     Hassan Taiye Salam     Awodun     LEAH Charity Foundation     Sarakite     Onilorin Of Ilorin     Photo News     Niguel Gallando Marcias     Abdulrazaq Akorede     Women Radio     Ayodele Kuburat Olaosebikan     Danladi     Harafat E. Mukadam     Abdulwahab Oba     Lawal Jimoh     Tayo Alao     Jimoh Akani     Okoolowo     Bukola Ajikobi     Millennium Development Goals     Bayo Mohammed Onimode     Emir Of Ilorin     Kayode Oyin-Zubair     Aliyu Muyideen     Ahmad Fatima Bisola     Ndama Al-hassan    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Lola Olabayo     Fatai Adeniyi Garba     Fola Consultant     Joseph Offorjama     Adekunle David Dunmade     Oba-Solagberu     Sidikat Alaya     Abdulrazaq Sanni     General Hospital     Ilorin East/South Federal Constituency     Yetunde Balogun     EFCC     AbdulRazaq Jiddah     Musa Alhassan Buge     Abraysports FC     Ajike People Support Centre     Nurudeen Mohammed     Shuaib Abdulkadir     Kwara Muslim Pilgrims Welfare Board     Ramadhan     Kwara State Printing And Publishing Corporation     2023 Elections     UTME     Yakubu Shaaba     Abubakar Aliagan     Asa LGEA School     Garba Ado Sanni     Abubakar Bature Sulu-Gambari     Al-Hikmah University     QuickWin     Tayo Alao     Abdulrazak Shehu Akorede     LEAH Charity Foundation     Abubakar Abdullahi Bata     Ekiti     Bello Oyedepo     Mohammed Saidu     Pius Abioje     Zulu Gambari     Lawal Arinola Kudirat     Modupe Oluwole     Hausa     Kehinde Baale     Simeon Sule Ajibola     Abubakar B.M     Iyeru Grammar School     Innocent Okoye     Onilu     Ethical College     Saraki     Ajia-Bako     Isiaq Khadeejah     Bilikisu Gambari     JSSCE     Sabo-Oke     Okeose Christian Cementary     Femi Ogunsola     Sa\'adu Salahu     Malete     Universal Basic Education Commission     Danladi     Aisha Buhari     Ayeyemi Sulaiman     Ishak Mohammed Sabi     Government High School (GHS), Adeta     AbdulRazaq Abubakar Jiddah     Diagnostic Centre     Code Of Conduct Bureau     Raliat AbdulRazaq     Moronfoye     Olatomiwa Williams     Cassava Growers\' Association     NSCIA     Laduba     Aisha Abodunrin Ibrahim     Alliance For Democracy     Olubukola Kifayat Adedeji