KWSG acquires 42 buses for Harmony Transport Services

Date: 2015-06-22

As part of efforts to boost its Internally Generated Revenue and ensure financial independence, Kwara State Government has handed over 42 buses acquired at the cost of N270.6m to Harmony Transport Services to revitalise the operations of the defunct government owned transport company, Kwara State Transport Company, Operators of "Kwara Express".

Speaking in Ilorin, the State's capital, while handling over the buses, Governor Ahmed said Harmony Transport Services Limited, which replaced the defunct Kwara State Transport Corporation, was being steered towards growth, financial responsibility and generation of profit.

According to the Governor, the Harmony Transport Limited was being repositioned to reflect how government business should run. "Indeed, establishing Harmony Transport Services Limited reflects how we intend to run government business henceforth: through innovative approaches, prudent management and targeted diversification", he said.

Alhaji Ahmed allayed fears of the workers of the defunct Kwara State Transport Corporation saying "understandably, the dissolution of Kwara State Transport Corporation, for example, has created apprehension about the fears of its staff. Let me state clearly that no staff of the defunct corporation will lose his job on account of its take over; the workers had the choice of remaining in the new company or seek redeployment to the core civil service".

The Group Managing Director, Harmony Holdings Limited, Mr Tope Daramola said the defunct Kwara State Transport Corporate was unable to redeem its financial obligations, especially repayment of debts and payment of salaries due to its fleet of ageing buses.

Daramola said the transport company, through the intervention of the Harmony Holdings Limited was on the path of recovering as it reported profit for the year ended December 31st, 2013.

 

Cloud Tag: What's trending

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

Akume     Kudirat Arinola Lawal     Kwara State Internal Revenue Service     Smart School     Council Of The Wise     Kale Kawu     TIC     HICA     Binta Abubakar Mora     AGILE Programme     Yomi Ogunsola     Kannike     Sunday Otokiti     KWAFFA     Amos Justus Sayo     Abdulraufu Mustapha     Tafidan Kaiama     Aro Yahaya     Issa Manzuma     Ayinde Oki     Tunji Folami     Umar Adelodun     Omar Bolaji Gambari     Kwara State Government     Metro Park     Sulyman Buhari     Madawaki Of Ilorin     Onilorin     Maja     Abdullahi Samari     Bola Shagaya     Saliu Oluwole     Tsado Manman     Abdul-Rahoof Bello     Harmony Holdings     A.G.F Abdulrasaq     Tinubu Legacy Forum     Kayode Oyin Zubair     Olaitan Buraimoh     Deji Ajani     Ibrahim Abikan     Abdulrazaq Sanni     Haruna Tambiri Mohammed     Abdulmalik Bashir Mopelola Risikatullahi     Kwara State Football Association     Federal Neuro-Psychiatric Hospital     John Dara     Eleyele     Saadu Yusuf     University Road     Saraki     Buari Edun     Elerin Of Adanla     Dan Masanin     Adesoye College     Alaiye     Abdulrahman Onikijipa     Ilorin East/South Federal Constituency     Bamidele Adegoke Oladimeji     Lawan     Adijat Adebiyi     Oyun     Kamaldeen Ajibade     CCEPE     Oke-Ero     Rabiu Kwankwaso     Muhammadu Gobir     Suleiman Alege Kuranga     Funmilayo Mohammed     Www.Kwarareports.com     Kumbi Titilope     Saheed Alakoso     Onikijipa     CLAY POT     Lola Ashiru     SWAN     KFA    

Cloud Tag: What's trending

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

Presidential Election     Fulani     Tafida     Kwara State Council Of Chiefs     Arinola Lawal     Gbenga Adebayo     Yaru     Odogun Olushola Gabriel     Olatunde Jare     Iliasu     Mope Dasuki Belgore     Special Agro-Industrial Hub     Rebecca Bake     Bilikis Oladimeji     Abiodun Jacob Ajiboye     Kumbi Titilope     Adeleke Ogungbe     Edret Sabi Abel     Amule Elementary School     Taofik Abdulkareem     Local Government     Garba Dogo     Haashim Initiative For Community Advancement     Salihu Ajibola Ajia     Kwara State Internal Revenue Service     Ifelodun     Ahmed Shuaib Buranga     Bilikisu Gambari     AbdulFatai Adeniyi Dan-Kazeem     Balogun Ajikobi     Rapheal Ashaolu     Bolaji Nagode     Bio Ibrahim     Abatemi Usman     Abdulkadri Ahmad Alaiye     Plat Technologies     Fareedah Dankaka     Awoye     Kehinde Baale     Bukola Saraki     Owode Market     Iyabo Adisa Ibiyeye     National Union Of Road Transport Workers     KWATMA     Elerin Of Adanla Irese     Ilorin Descendants Progressive Union     Salihu S. Yaru     Yunus Oniboki     Ashiru     Ronke Adeyemi     Bayo Lawal     Yunus Lawal     Abubakar B.M     Toyin Saraki     Just Event Online     Dele Belgore     The Herald     Demola Banu     Sunday Otokiti     Borgu     Sodiya     National Pilot     GRA     Mujtabah Bature     Oyelere Oyinloye     Olayinka Olaogun     Is\'haq Modibbo Kawu     Baaziki Sulaiman     Rasheed Jimoh     Saad Belgore     Kwara State Geographic Information Service     Dan-Kazeem     Henry Olaosebikan     Sheikh Ridhwanullah El-ilory     Jamila Bio Ibrahim     Lanre Issa Onilu     Amuda Bembe