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.

Peter Obi     Ado Bayero     Kaiama     Garment Factory     Seni Saraki     Lithium     Ali Ahmad     Alfa Belgore     Abdulrazaq Adebayo     Shuaib Jawondo     Folorunsho Erubu     Playing Host     Alfa Modibbo Belgore     Busari Alabi Alausa     Adedipe     Ilorin East/South Federal Constituency     Samuel Olusegun Adedayo     Abubakar Baba Sulaiman     Yunus Oniboki     Mike Omotosho     Kale Belgore     Ilorin Amusement Park     Moji Makanjuola     A.E. Afolabi     Isiaka Gold     Jamila Bio Ibrahim     Balogin Alanamu     George Innih     Basic Education Certificate Examination     Balogun Gambari     Mutawali Of Ilorin     Plat Technologies     Jumoke Gafar     Oyun     Ayo Salami     Lateef Fagbemi     Suleiman Alege Kuranga     Ubandoma Of Ilorin     Lukman Adeloyin     Roseline Oni Aremu     Waziri Yakubu Gobir     Muhammadu Buhari     Moses Adekanye     Shehu Salau     Muyideen Ajani Bello     Adolescent Girls Initiative For Learning And Empowerment     Yaru     General Hospital, Ilorin     Abdulganiyu Oladosu     Abdulrazaq Magaji     Saad Omo Iya     Oko-Olowo     Federal College Of Education (Special), Afon     Kwara United     Elerin Of Adanla Irese     Abubakar Abdullahi Bata     Kulende-UITH     Kwara Restoration Project     Aiyedun     Ibrahim Sulu Gambari     Haliru Yahaya     Lawal Jimoh     Baba Issa Awoye     Senate     Sobi Specialist Hospital     Aishat Mohammed Lawal     Temitope Ogunbanke     Nigerian Medical Association     Kwara 2019     Simon Sayomi     Wasiu Odewale     Abubakar Kawu Baraje     Jide Ashonibare     Lanre Badmus     NNPP     Durbar Festival     Baboko Primary School    

Cloud Tag: What's trending

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

Mahmud Ajeigbe     Simeon Ajibola     Solomon Edoja     Yomi Adeboye     Kwara State Coalition Of Business And Professional Associations     Saduki Lafiagi     Mohammed Lawal Bagega     Muhammad Fawaz Abubakar     VADA     Special Agro-industrial Processing Zone     COEASU     Kwara State Fish Farmers Association     Shettima     Saidu Yaro Musa     Sobi Specialist Hospital     Abdulrazak Shehu Akorede     Ibrahim Kayode Adeyemi     Aso Ofi     SDP     Salman Suleiman     Ilota     Seun Bolaji     Atiku     Hamid Bobboyi     Adamu Ibrahim Sabi     Funke Adedoyin     Federal Allocation     Sheikh Ridhwanullah El-ilory     ITP     Sunset Workers     Mohammed Tunde-Jimoh     Yakubu Gobir     Christopher Odetunde     Lai Gobir     Bashirat Bola Bello     N-Power     Council Of The Wise     Centre For Peace And Strategic Studies     Modupe Oluwole     Kaosarah Adeyi     Erin-ile     Ayinke Saka     Ayegbeni     Bolaji Aladie     Garment Factory     Emir Of Shonga     Folorunsho Alao     Mopelola Abdulmaliq-Bashir     Kale Ayo     Freshvine Nigeria Limited     Timothy Akangbe     Bayo Onimago     Timothy Olatunde Fadipe     Hakeem Idris     IFK     Funmilayo Isiaka Oniwa     Sambo Murtala     Kwara State Governor     Fatai Olodo     Sam Okaula     Chief Imam Of Lafiagi     Yusuf Olaolu Ali     Kaiama     Abdulrahman Abdulrasak     Ibrahim Oloriegbe     Lawal Jimoh     REO CAKES     Ayobami Akanbi     National Broadcasting Commission     Kwara North     Raji Ayodele Kamaldeen     Valsolar Consortium     Toyin Olayinka Tejidini     Ubandoma Of Ilorin     Niguel Gallando Marcias     Umar Adelodun     Usman Rifun