BRIC Committee submits report, says political interference, management crisis in previous govt crumbled Kwara Express

written by Taiwo Adediran November 21, 2020

The Business Review and Investigation Committee (BRIC) on Kwara Express has said undue interference in the operations of the transport company by some political interests identified as “government house” in the successive administrations of the past is one of the key factors that drove the company to the state of disrepair.

The committee in its report also identified operation of illegal union in the transport company even after transition into a private company, which engaged in orchestrated bully, assault, intimidation and threat to the peaceful operation of the company as another factor.

The revelations were made as the Committee submitted it’s report to the Group Managing Director and Chief Executive Officer of Harmony Holdings Limited, Mallam Abdullahi Abdulmajeed in his office in Ilorin, the state capital.

The committee chaired by Comrade AbdulRazaq Hamzat, and Mrs Olaide Adebanjo Adejobi as secretary has 12 others ther eminently qualified professionals who are top players in both private and public sectors, drawn from various local government areas of the state.Some of the committee members are Kwarans playing prominent roles in the management of successful private sector model run transport companies owned partly or fully by some state governments in the country such as the Bus Rapid Transport (BRT)of Lagos State.

In its 91-page report, the investigation committee gave a blow-by-blow account of its findings after weeks of information sourcing and fact finding mission.

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 company’s assets under the watch of the previous administration.

The report reads “However, since 2015 when Kwara Express transitioned to Harmony Transport Services Limited, the company has not been running as a full fledge 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’.

“Our investigation showed that, the company is being managed by three layers of management, which include HTSL official management, the holding company (HHL) and unknown political managers from government house, a development that has made it impossible for the company to function properly, execute its plans successfully or run the business profitably,” the report read in part.

The committee recommended a total overhaul of the system, stating that a new start for the company has the potential of blocking leakages that could save an average of one hundred million naira annually.

“Finally, having discovered all of the above, the Committee recommended a total overhaul of the system, with a view to creating a new start for the company. The new start has these immediate results of low hanging fruit of improving revenue by quickly and innovatively providing mechanism of blocking leakages of both Revenue and Direct cost expenses. The Revenue side of inbound journey requires innovative approach of blockage and increase the number of inbound passengers. There is potential of bringing into HTSL coffer increased revenue of between N50m to N100m by these exercises.”

The CEO, Harmony Holdings thanked members of the committee for the job well done, and assured of the body’s readiness to implement the recommendations.

“Kwara State government under His Excellency, 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 promises that Kwara Express will not be an exception.

BRIC was inaugurated on Friday, September 11, 2020 by the GMD/CEO at the conference room of Harmony Transport Services Limited (HTSL) as part of the efforts of the Governor, AbdulRahman AbdulRazaq AbdulRazaq administration’s effort to reposition and revamp all state-owned business entities left to rot by the previous administration.

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BRIC Committee submits report, says political interference, management crisis in previous govt crumbled Kwara Express

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