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.
Abdullahi Dasilva Yussuf Simeon Ajibola Abdulmutalib Shittu Code Of Conduct Bureau John Mayokun Dada Nurudeen Mohammed Ekiti Law School Scholarship Abdulmajeed Abdullahi Abdulmumini Jawondo Kwara 2019 Kwara State University Of Education Garuba Alikinla Shittu Kolawole Bashirat Moses Rahman Popoola Ilorin Metro Park Bola Shagaya Nigeria Foundation For Artificial Intelligence College Of Arabic And Islamic Legal Studies Yusuf Lanre Badmas Kwara Liberation Group IESA Baaziki Sulaiman Wahab Abayawo Saidu Kawu Road Transport Employers Association Of Nigeria Salihu Jibril Garbi Azeez Bello Muhammad Ghali Alaaya Elerinjare-Ibobo Kwara State Council Of Chiefs Al-Hikmah University Alagbado Kwara Hotel Federal Neuro-Psychiatric Hospital Makama Of Ilorin SDP Abdulquowiyu Olododo Muyideen Ajani Bello Ilorin West Sai Kayi Abubakar Bature Sulu-Gambari Senior Ibrahim Suleiman Abubakar Atiku Raymond Olaitan Olayinka Are Ajike People Support Centre Bashir Adigun Agboola Abdulraheem Orire Baboko Umaru Saro Issa Memunat Moyosore Sulu Babaita Isiaka M.Y. Abdulrahaman Isiaka Saka Opobiyi Doyin Agbamu CCB Abdulrazaq Adebayo Hikmah AbdulKareem Femi Agbaje Mohammed Danjuma Bolakale Ayo Sheikh Ridhwanullah Emir Of Shonga Turaki NSCIA Fatima Abolore Jimoh Adebayo Mohammed Kamaldeen Khadijat Ayoola Yusuf Dan Iya Of Ilorin Saheed Akinwumi Oko Aishat Mohammed Lawal Bashir Badawi Saheed Popoola Ahman Pategi University

