Kwara State Government has announced a temporary closure of the Harmony Transport Services Ltd (HTSL), known as Kwara Express
A Statement by Harmony Holdings Ltd
Corporate Affairs Unit, said the temporary closure officially begins a wholesome repositioning of the legacy firm for improved productivity, efficiency, and economic development.
The Statement noted that the restructuring involves full payment of exit benefits to all the workers in the distressed company amid best wishes in their future endeavours.
According to the Statement the overhaul will modernize the company’s fleet and infrastructure, leveraging cutting-edge technology to enhance operational efficiency and customer service delivery, it said.
The body said while the decision to pay off the workers is difficult, it is essential for establishing a sustainable operational framework for HTSL, which has faced challenges in maintaining consistent growth and has experienced multiple closures within the past years.
It pointed out that recent customer feedback has underscored the need for improvement, prompting this decisive action
The Harmony Holdings Ltd assured that all exit entitlements of the staff are currently being settled, while their contributions to the company are sincerely appreciated.
It called on those staff members interested in rejoining the company after the overhaul will have the opportunity to reapply
The Statement acknowledged the inconvenience this temporary shutdown may cause to the valued customers and assured that efforts are underway to minimize the duration of this service interruption.
It general public can rest reassured that all measures are being implemented to ensure a seamless transition during this crucial phase of the company’s evolution
