ABC Transport announces Kabiru Yusuf’s resignation after 20 years on board

ABC Transport Plc has announced the resignation of Alhaji Kabiru Yusuf as a Non-Executive Director, ending his 20-year tenure on the company’s board.

The resignation took effect on September 30, 2026, according to a notice filed with the Nigerian Exchange (NGX) and signed by the Company Secretary, Onyekachukwu C. Chigbo.

Yusuf joined the board in August 2006 and served on key board committees during his tenure.

According to the disclosure, Yusuf served as chairman of the Governance and Remuneration Committee and as a member of the Audit Committee before his resignation.

The company said he brought his wealth of experience to the boardroom and contributed to its progress.

Yusuf was appointed a Non-Executive Director of ABC Transport in August 2006.

Before joining the board, he worked as a university lecturer and served as editor of Daily Triumph, Today and Citizen Magazine.

He holds a Bachelor of Science degree in Political Economy from Ahmadu Bello University, Zaria, and a Master of Science degree in Political Economy from the University of Toronto, Canada.

ABC Transport Plc reported a pretax profit of N1.4 billion for the 2025 financial year, more than double the N634.7 million recorded in 2024.

This was followed by haulage operations at N4.8 billion, transport earnings at N3.2 billion, and sales of vehicle spares at N2.3 billion, with other segments accounting for the balance.

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