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.

Centre For Peace And Strategic Studies     Maryam Ado Bayero     Moses Afolayan     Olusegun Adeniyi     Yoruba     Kwara Apc     Senate Presidency     Yusuf A. Usman     Buhari     Iyabo Adisa Ibiyeye     Okoolowo     UNILORIN Alumni Association     Taofeek Ibraheem     Kwara United     Amoyo     Saka Abimbola Isau     LAK Jimoh     Suwa-Arabs     Saka Onimago     Senate     Majlis For Sadakah, Zakat And Waqf     Obuh     Bello John Olanrewaju     Alore     Senate President     Olokoba Abdullahi Ayinla     Abubakar Imam     Yusuf Lawal     Balogun Ajikobi     Pius Abioje     Abdulraheem Yusuf     David Oyedepo     Ebola     Yoonus Kola Olatinwo     Fatimat Saliu     Olayinka Are     Umar Gunu     Aisha Ahman Pategi     Abdulfatai Salman Baakini     Isiaka Saka Opobiyi     NIRSAL     Gafaru Olayiwola Olorisade     Lawal Olohungbebe     LABTOP     Taofik Abiodun Ahmed     Jebba     Ishola Abdullahi     Theophilus Oyebiyi     Suleiman Ajadi     Abdulmumin Yinka Ajia     Kayode Ogunlowo     Bio Ibrahim     Omotoso Musa     Oke-Kura     Ariyo     Dan Iya Of Ilorin     Hassan Oyeleke     Salaudeen Oyewale     Alaiye     Taibat Ayinke Ahmed     Soffiyyallah Kamaldeen     IYA ALFA NLA     Unicontinental Construction Company     Chemiroy Nigeria Limited     Post-utme     Suleiman Rotimi Iliasu     Omar Gambari     Sulu Gambari     Abdulquowiyu Olododo     Flights To Ilorin     Olaiya Victor Mobolaji     KWASIEC     S.O. Opowoye     Mahfouz Adedimeji     Gani Saadu     Titus Suberu-Ajibola     Sardauna Of Ilorin    

Cloud Tag: What's trending

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

Abraham Ojo     Shehu Salau     Dar-Al-Handasah Consultants     Ibrahim Jawondo     Medview Airlines     Ojuekun Sarumi     Oloye     Kwara State Fish Farmers Association     Oba David Oyerinola Adedunmoye     Ganiyu Abolarin     Babatunde Ishola Babaita     Oko-Olowo     Onilupeju Of Ilupeju     Ado Ibrahim     Ilorin South Constituency     Ibrahim Abiodun     Bankole Omishore     Yomi Ogunsola     Daud Adeshola     Rafiu Ajakaye     Joseph Daudu     New Nigeria People’s Party     Agor     Ubandoma Of Ilorin     Oyun     Samuel Adaramola     Femi Agbaje     Sa\'adu Gambari     Saad Omo\'ya     NYSC     Guber Aspirant     Durosinlohun Kawu     Abdulbaqi Jimoh     Idris Garba     IHS Towers     Abdullah Janet Amudat     Aminat Ahmed     CCT     Al-Hikmah Radio     Lucky Omoluwa     Raimi Iyanda     TIC     Bamidele Adegoke     Road Transport Employers Association Of Nigeria     Monkey Pox     Sarkin Malamai     Adedeji Onimago     Tunji Oyawoye     Kwara University Of Education     Adegoke Bamidele     Ahmed Dankaya     Otoge     Usman Alkali Baba     Kwara State Television     Ishola Balogun Fulani     Adama Isa     KWACOBPA     Kassim Babamale     Yunus Oniboki     Ilorin Airport     Bond     Garuba Alikinla Shittu     Elerinjare     Ronke Adeyemi     Transition Implementation Committee     Lateef Ademola Olatunji     Agboola Babatunde     Raliat Islamic Foundation     Okeose Christian Cementary     Plat Technologies     Imam Gambari     Sulaiman Gado     Joana Nnazua Kolo     Islamic Development Bank     Moses Rahman Popoola     Alaro     Lithium Deposit