Gov Ahmed unveils Harmony Holdings, to Manage 21 State-Owned Entities
WorldStage Newsonline-- Governor, Dr Abdulfatah Ahmed of kwara State officially unveiled the Corporate Headquarters of Harmony Holdings Limited on Thursday in Ilorin and reiterated the government’s resolve to harness and maximize the profit potentials of government-owned entities through innovative management, in order to halt the scenario of government-owned companies being drain-pipe on the states resources.
The Governor added that Harmony Holdings to manage 21 state-owned entities, is expected to provide strategic direction, supervision and coordination to the State-owned companies and generate revenue for the State in the face of inadequate Federal Revenue Allocation.
“The whole essence of Harmony Holdings Limited is to drive the entities to profitability in order to generate revenue for the growth and development of Kwara State,” the governor emphasized.
Governor Ahmed disclosed that Harmony Holdings Limited is expected to invest in potentially profitable ventures such as banking, housing, power generation and other lucrative sectors with an optimism that with articulated growth plan and present achievements, the future of Harmony Holdings Limited remained bright.
Chairman, Board of Directors, Harmony Holdings Limited, Prof. Haliru Abubakar, in his speech, said the board and management would ensure that Harmony Holdings Limited becomes a major player to ensure robust economic growth and sustainable development in Kwara State.
According to Group Managing Director of the Company, Mr Tope Daramola said the vision is to transform Harmony Holdings to one of the top three Government-owned Holding companies in Nigeria with a minimal annual turnover of N50billion by the year 2022.
Mr Daramola, who described the unveiling as water shed in the annals of the company with an assurance that its commitment to human capital development remained unwavering, added that all the 21 subsidiaries of the Holdings company are being turned around so that they could be major players in national economy.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Ilorin Anchor Men And Women Sola Saraki Educational Foundation Bolakale Saka Tafida Of Kaiama Kola Olota Abdulraufu Mustapha Tayo Alao Yakubu Danladi Tescom.kwarastate.gov.ng Sherif Shagaya Niyi Ogundiran IDPU SSUCOEN NULGE Centre For Peace And Strategic Studies Raliat AbdulRazaq Toyin Falola Saka Adeyemo Balogun Fulani Saadatu Modibbo-Kawu Muslim Stakeholders Of Kwara State Mubarak Oladosu Muhammad Sirajo Aliyu AbdulRazaq Jiddah Saidu Kawu Sheriff Shagaya Ijakadi Ajuloopin Sarah Alade Haliru Yahaya Baboko Primary School Olatunji Abdulmumeen Salihu Ajia Idris Amosa Saidu Solomon Edojah General Tunde Idiagbon International Airport Ilorin Moshood Mustapha Tsaragi Ibrahim Oloriegbe Danladi Taiwo Joseph Gobir Abdullah Janet Amudat Isiaka Gold Olayinka Oladapo Jogunola NaAllah Abdulmajeed Wahab The Herald Tope Daramola Aliyu Muhammed Musa Alhassan Buge Nagode Rotimi Atere Musa Yeketi Wahab Kunle Shittu Sarakite Daud Adeshola Wahab Isa Busari Toyin Isiaka Pius Abioje Muritala Awodun Olayinka Olaogun HAMFAT Clinic And Maternity Sidikat Akaje Presidential Election Gaa Olobi Jide Oyinloye Abdulrosheed Okiki Bio Ibrahim Offa Grammer School REO CAKES Pakata Development Association Yusuf Zulu-Gambari Umar Yakubu Jaja Amule Tsaragi/Share Olatunde Oyeyiola

