Associated Bus Company PLC

  • Sector: Transportation
  • Reach: International
  • Board Gender Diversity:  6; 1
  • CSR/sustainability report: No
  • Impact management: Sustainability Desk

ABC Transport Plc commenced operations in road passenger transport on February 13, 1993, with a view to running a modern road transportation service in Nigeria and West Coast of Africa based on internationally accepted standards. ABC Transport Plc is a diversified company in terms of ownership and investments. The company went through a successful initial public offer in September 2006, thereby converting the company to a public limited liability company, with over 22,000 shareholders.

The company’s services are specifically designed for discerning travellers. Its inter-city operations are carried out in modern terminals, with comfortable lounges, courteous crew on ground and onboard. Its terminals are spread across the country and in Ghana, Togo as well as Benin Republic. The company’s last 25 years have been characterized by ground-breaking innovations, marking ABC Transport as an outstanding and innovative company in land transportation in Nigeria and West Africa. They are the only road transport company in West Africa currently quoted on the Nigeria stock market.

The company had a 2.62% reduction in turnover from N6.86b to N6.68b in 2019 when compared with 2018. Profit before tax increased by 515.11% from N67.13m to N412.89m in 2019, which led to a 274.64% increase in profit after tax in 2019.

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