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.

LABTOP     John Olobayo     JAMB     Saraki     Ilorin Amusement Park     Radio SBS     Tope Daramola     SDP     Firdaos Amasa     Durbar Festival     Asa     Mohammed Haruna     Ahmed Dankaya     Khairat Gwadabe     Joshua Adeyemi Adimula     Osinbajo     Bilikisu Oniyangi     Fatai Adeniyi Garba     Ilorin.Info     Azeez Salawu     Sunday Otokiti     Doyin Agbamu     Read With Me     Madawaki Of Ilorin     Aliyu Sabi     IPSAS     Abdulrahman Onikijipa     Lawal Jimoh     Sabi     Budo-Egba     Muhammadu Gobir     Nigeria Foundation For Artificial Intelligence     Kola Ologbondiyan     Ahmed Ayinla Jimoh     Bayo Mohammed Onimode     Elese Of Igbaja     Quarry Royal Valley     Ahmad Uthman     Abubakar Usman Jos     Saadatu Modibbo-Kawu     Ronke Adeyemi     Asa LGEA School     Abdulrazak Shehu Akorede     Joana Nnazua Kolo     AbdulRasaq Abdulmajeed Alaro     Baruten     Danladi     Musa Aibinu     Wasiu Odewale     Dumagi     Imam Gambari     Jide Ashonibare     Okin Biscuits     Lateef Alagbonsi     Boko Haram     Towoju     Olaitan Adefila     Overland     Justina Oha     Tosin Saraki     Issa Memunat Moyosore     Issa Baba     Ajibola Saliu Ajia     Ijakadi     SAPZ Project     Yetunde Balogun     Abubakar Imam     Mohammed Lawal     Raliat Elelu-Habeeb     Abdulfatai Baakini     Osi     Gurei     Taibat Ayinke Ahmed     Olaiya Victor Mobolaji     Alabi Olayemi Abdulrazak     Charcoal     Oluwatoyin Lukman    

Cloud Tag: What's trending

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

Modupe Oluwole     Olaiya Zuberu     Kwara South     Wasiu Odewale     Baaziki Sulaiman     CCB     Okin Biscuits     Abdulkadri Ahmad Alaiye     Oke-Odo     Local Government Pension Board     Police Commissioner     Muritala Awodun     Ayedun     Shehu Alimi Foundation For Peace And Development     Saba Mamman Daniel     Afeyin-Olukuta     Sodiya     Olusin Of Ijara Isin     Kola Shittu     Ishola Balogun Fulani     Balogun Fulani     Admiralty Villa     Roheemat Hammed     Afin Descendants Union Of Odo-Owa     Sheikh Ridhwanullah El-ilory     KWSUED     Labour Party     Kwara North     Federal Allocation     Joana Nnazua Kolo     Ilofa     Ajibola Ademola Julius     Lawan     Maryam Ado Bayero     AbdulRazaq Abubakar Jiddah     Gbenga Awoyale     Idi-Ape     Pius Abioje     Sherif Sagaya     NIPR     Omupo     Kwara State Government     Aliyu Kora-Sabi     Radio SBS     Kwara Restoration Project     CKNG     Ilorin West/Asa Federal Constituency     Hamza Usman     Anilelerin     Saliu Ajia     Saadu Yusuf     Yashikira     Saka Saadu     Kupchi Hosea Maxwell     General Hospital     United Nigeria Congress Party     Olabode Towoju     Democracy Day     Abdullah Janet Amudat     Halimat Yusuf     Ella Supreme Tissue Paper     Imodoye Writer’s Enclave     Bamidele Adegoke     Oloye     Facebook     Kwara State Fire Service     Oloruntoyosi Thomas     Akorede     Matthew Babaoye     Oke-opin     Alanamu     NNPP     Baba Adini Of Kwara State     Kayode Ogunlowo     Kazeem Adekanye     Olatunji Ayeni     Nigeria Computer Society