Gov Ahmed unveils Harmony Holdings, to Manage 21 State-Owned Entities

Date: 2013-03-29

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.

Source

 

Cloud Tag: What's trending

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

Law School Scholarship     Elerinjare     Elelu     Muhammad Fawaz Abubakar     Femi Gbajabiamila     Abdulkadri Ahmad Alaiye     Lola Ashiru     James Ayeni     Patience Jonathan     Abdulbaqi Jimoh     Mike Omotosho     JAAC     ASKOMP     Chief Imam Of Ilorin     Afolabi-Oshatimehin     Edret Sabi Abel     Kwara NIPR     Oba Mogaji Abdulkadir     Benin Republic     Adamu Attah     Ebola     Olushola Saraki     Ariyo     SDP     UNIFEMGA     Public Holiday     Aliyu Umar     Kwara State Internal Revenue Service     Kale Bayero     Ojo Fadumila     Crystal Corner Shops     Hydroelectric Power Producing Areas Development Commission     Press Release     Ophthalmological Society Of Nigeria     Ilorin South Constituency     Soffiyyallah Kamaldeen     Belgore     Ubandoma Of Ilorin     Adedeji Onimago     Kwara State University Of Education     Mufti Of Ilorin     Kuliyan Geri     Idris Garuba     Saka Saadu     Pakata Development Association     Muhammed Aliyu     Abdulwasiu Bolaji Adeyi     Mohammed Khadijat Kubura     Garba Ado Sanni     TIIDELab     Olokoba     Tunji Olawuyi     Ijagbo     Alikinla     Kwara Liberation Group     MAI Akande     Iyabo Adewuyi     Al-Adaby     AbdulHamid Adi     Muhammed Taofeeq Abdulrazaq     Okoolowo     Sambo Murtala     Medinat Folorunsho Salman     Sobi Hill     Taofeek Ibraheem     Muhammed Abdullahi     Onilu     Rex Olawoye     Chief Imam Of Offa     Durbar     Bolaji Nagode     Oke-opin     Sadiq Buhari     Demola Banu     Ogidi-Oloje     International Vocational Centre     Abdulrahman Abdulrazaq    

Cloud Tag: What's trending

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

International Public Sector Accounting Standards     Markaz Arabic And Islamic Training Institute, Agege     Earlyon Technologies     Ado Bayero     AbdulRasaq Abdulmajeed Alaro     Ajase-Ipo     Ilorin West/Asa Federal Constituency     Standard Organization Of Nigeria     Lateef Alagbonsi     Kale Belgore     Post Utme     Abubakar Abdulraheem     Aremu Odolaye     Shagari     Elerinjare-Ibobo     Okin Malt     Oyedepo     Oba-Solagberu     Yahaya Abdulkareem     IPSAS     Kwabes     Adam Abdullahi Al-Ilory     Mohammed Tunde-Jimoh     Local Government     Emir Of Shonga     Umaru Saro     Kwara NIPR     Zulu Gambari     Mashood Abdulrafiu Agboola     Kolawole Akande     Tafida     Salman Suleiman     Madawaki Of Ilorin     Post-utme     Kola Shittu     Samari     Taibat Ayinke Ahmed     Awili Pedro     Fatai Garuba Labaka     Federal Polytechnic Offa     Rice Farmers Association Of Nigeria     Muhammad Mustapha Suleiman     Ogbondoroko     Yahaya A Paniyaro     Hassan Abdulazeez Elewu     Ebola     Kupchi Hosea Maxwell     Clara Nwachukwu     Magaji Erubu     Ademola Kiyesola     Segun Adeniyi     Ayodele Kuburat Olaosebikan     Bello Taoheed Abubakar     Ilorin East/South Federal Constituency     Federal Road Maintenance Agency     Khairat Gwadabe     Tunde Idiagbon Road     Nagode     Harmony Holdings     Maja     Shola Odetundun     Kwara 2023     Adeniyi Ojo     KWACOBPA     Olatunde Oyeyiola     Abdulfatai Baakini     Balogun Gambari     Zaratu Umar     Ganiyu Abolarin     Freshvine Nigeria Limited     Hamza Usman     Suleiman Ajadi     Kwara State Sports Commission     Bashir Adigun     Ilorin Amusement Park     ANCOPPS     Halidu Danbaba