The Business Review and Investigation Committee (BRIC) inaugurated by the Abdulrahman administration to look into the affairs of Harmony Transport Services Limited (formerly Kwara Express) have submitted its report, recommends total overhaul.
In its 91-page report submitted to the Group Managing Director and Chief Executive Officer (GMD/CEO) of Harmony Holdings Limited, Mallam Abdullahi Abdulmajeed on Thursday, November 19, 2020, the investigation committee revealed that:
“Since 2015 when Kwara Express transitioned to Harmony Transport Services Limited, the company has not been running as a full-fledged business of its own. There has been too much undue interference in the company’s business by both the holding company and other political interest, which was described as ‘government house’.”
The report also contained revelations of how an illegal union was operating in the transport company even after its transition into a private company, noting that the in-house union backed by some political interests of the previous administration orchestrated bully, assault, intimidation and threat to the peaceful operation of the company.
BRIC also explained how staff indiscipline constituted a major setback for Kwara Express as many staff members engaged in theft, sabotage and outright mismanagement of the company’s assets under the watch of the previous administration.
A total overhaul of the system was recommended by the BRIC, which asserted that a new start for the company has the potential of blocking leakages that could save an average of N100 million naira annually.
It will be recalled that the BRIC was inaugurated on Friday, September 11, 2020, by the GMD/CEO of Harmony Transport Services Limited (HTSL) as part of the state Government’s effort to reposition and revamp all state-owned business entities left to rot by the previous administration.
The committee had Comrade AbdulRazaq Hamzat as its chairman, Mrs Olaide Adebanjo Adejobi as secretary, alongside 12 other eminently qualified professionals who are top players in both private and public sectors drawn from various local government areas of the state.
Receiving the BRIC’s report, the GMD/CEO of Harmony Holdings Limited, Abdullahi Abdulmajeed said Kwara State government under Governor AbdulRahman AbdulRazaq possesses the required expertise and single-minded commitment to forthrightly turn around all state-owned enterprises to serve Kwarans better while establishing many other viable ones to stimulate the economy. He promised that Kwara Express will not be an exception.
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