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.
Isiaq Khadeejah Kumbi Titiloye Ibrahim Abdullahi Oluranti Idowu Yakub Lai Gobir KW-GIS Public Holiday Ayinde Oki John Kehinde Salako African Democratic Congress Yusuf Arowosaye Jani Ibrahim Abatemi-Usman Atiku Abubakar Kunle Suleiman Lawyers Unite Against Corruption Sheu Ndanusa Usman Muhammadu Buhari Isiaka Rafiu Mope Yakub Ali-Agan Illyasu Abdullahi Mohammed Kamaludeen Simon Sayomi Kubra Kazum Aisha Buhari Nigeria Computer Society Aliyu Olatunji Ajanaku KWASSIP Funmilayo Isiaka Oniwa Muhammad Toyin Sanusi Kisra Pilgrims Board Oke-Ode Lanre Aremu Olaiya Victor Mobolaji Saduki Lafiagi Emir Of Ilorin Rafiu Olasile Road Transport Employers Association Of Nigeria Iyabo Dupe Adekeye Face Masks Ali Ahmad Danladi Abubakar Ndakene Nigeria Customs Service Shehu Adaramaja Idi-Ape Abdulwaheed Musa Vishvas KOZ Tractors Agor Market Maigida Jaigbade Alao Garment Factory Bola Sagaya Adamu Atta Emir Of Shonga Moses Adekanye Shade Omoniyi Code Of Conduct Tribunal Babaita Assayomo Abraham Ojo Kwara Consultative Forum Aliyu Muyideen Atunwa Abdulwasiu Bolaji Adeyi Bashiru Makama Bisi Kristien Onikijipa Sulyman Buhari Cassava Growers\' Association Isa Aremu Moses Salami KWASIEC Damilola Yusuf Bolakale Kawu Agaka Kwara Muslim Pilgrims Welfare Board

