Oil prices crash: Kwara govt diversifies, begins N100m project in Abuja

Date: 2016-08-20

Kwara State Governor, Abdulfatah Ahmed has advised his colleagues to seek ways of diversifying the economy of their respective states by going into other ventures that would generate more revenues. Gov Abdulfatah Ahmed He stated that relying on federal allocation alone would help the states meet its statutory obligations to the people. The governor stated this while performing a foundation laying ritual of a N100 million project coordinated by Harmony HUB in Wuye, Federal Capital Territory (FCT), Abuja Friday.

He said: "This is in line with our desire to define resourcefulness which is the direction which states are expected to go these days in trying to help development and growth.

"And I am happy Harmony Holdings has taken this. It has not only broken this in Ilorin, but by creating something similar. But again, we need to demonstrate to the whole world that we have taken the right direction and also capable of driving this business not only in Kwara State, but in Nigeria at large. "You will recall that part of what we put in place as a prospect of driving the state forward is by looking inwardly. We tapped into assets that the state has that has not been fully utilized, that has been lying down and been wasting.

"We sought to allow these assets to be driven under the Harmony Holdings Limited Company, which indeed is trying to translate these assets to revenue-generating platforms. "We started this as far back as 2011. So what the Federal Government has said is in consonant with what we are doing in Kwara State."The governor stated that the project would cost N100 million to complete. "I don't think we will be looking less than N50 to N100 million to create an economic property like this", he said.

The Chairman of Harmony Holding, HRH Halidu Abubakar said that the project is construction of three floors building containing business suites, adding that it would take between nine months and one year if resources were available. "This is one of the manifestation of the governor's push that Harmony should be seen to be doing something, and that we should go outside Kwara State and make our presence known", he said.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

UNILORIN Alumni     Tsaragi     Alagbado     Lanre Olosunde     Sulu Babaita Isiaka     Funmilayo Isiaka Oniwa     National Democratic Congress     Bayo Onimago     Adebara     Muhammed Aliyu     Ayinde Oyepitan     Saheed Akinwumi     Fareedah Dankaka     Mumeen Lah     Kunbi Titiloye     Ahman Pategi University     Sheriff Olanrewaju     Maimunat Oloriegbe     Abdulraheem Olesin     Muhammadu Buhari     Shonga     Ijagbo     Ita-Ore     FOMWAN     Kwara 2023     Labaeka     Abikan     Chief Imam Of Offa     Ilesha-Baruba-Gwanara     Shehu Salau     Is\'haq Modibbo Kawu     Magaji Are     Sunday Otokiti     Undergraduate Bursary     Abdulkadir Bolakale Sakariyah     Wahab Abayawo     Asiwaju Bola Tinubu     Doyin Group     Atunwa     Kwara North     Adijat Adebiyi     Bamidele Adegoke     Ilorin East     Issa Baba     SWAN     Fola Consultant     Bayer Nigeria Limited     Sulyman Buhari     First Lady     Olaiya Victor Mobolaji     Adamu Jemilat-Baki     Hikmah AbdulKareem     Surajudeen Akanbi     Adesoye     Lucky Omoluwa     Bola Magaji     Ayodele Shittu     M.Y. Abdulrahaman     Minister     Apado     Ben Duntoye     Oloriegbe     Jimba Babatunde     Abdulquawiy Olododo     Saraki     Amuda Bembe     Emir Of Kano     Sunset Workers     Ajayi Okasanmi     AbdulGafar Tosho     Mohammed Tunde-Jimoh     John Olobayo     Modibbo Kawu     Olaiya Zuberu     Tunji Folami     Onikijipa     Nurudeen Muhammed    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Post Utme     Neo Mundo Ltd     Suraj Tunji Oyewale     Kwara State Internal Revenue Service     Medview Airlines     Adekunle David Dunmade     Tunji Moronfoye     Maryam Nurudeen     Henry Makinwa     Eghe Igbinehin     Voices Of Tomorrow     John Olobayo     Suwa-Arabs     Kwara State Sports Commission     All Confederation Of Principals Of Secondary Schools     Ganmo Electricity Sub-Station     Igosun     New Naira Notes     Sheriff Olanrewaju     David Oyerinola Adedunmoye     KWACOBPA     A.O. Belgore     Olupako     Lafia Aliyu Korasabi     Abdulrauf Aliyu     Yusuf AbdulRasheed     UNIFEMGA     Shehu Alimi Foundation For Peace And Development     Teachers Specific Allowance     Habeeb Saidu     Mohammed Lawal Bagega     Alaiye     Awoye     Hijab     Folorunsho Alao     Al-Ilory     International Aviation College     Oke-Oyi     Saka Keji     AbdulRasaq Abdulmajeed Alaro     Pategi     Kishira     Saadu Gbogbo Iwe     Abdullahi Biffo     Toyosi Thomas     Lawal Olohungbebe     Amos Sayo     Raji Ayodele Kamaldeen     Ajibike Katibi     Segun Adeniyi     Okin Biscuit     Abdullahi Dasilva Yussuf     HYPPADEC     Oko Erin     Abdulsalam A. Yusuf     Lithium     MAI Akande     Aisha Ahman-Pategi     Ijagbo     Kuliyan Geri     Saeedat Aliyu     Kunbi Titiloye     Raymond Olaitan     Kolade Solagberu     Alimi     Bolakale Kawu     Nigerian Army     Cornelius Adebayo     SSA Youth     Road Transport Employers Association Of Nigeria     Edu     Ibrahim Abduquadri Abikan     Jebba     IsDB     Flights To Ilorin     Kwara State University Of Education     Transition Implementation Committee