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.

Fatimat Saliu     Abubakar Bature Sulu-Gambari     Idris Garuba     Abdulganiyu Salahudeen     Amoyo     Special Adviser On Digital Innovation     Dan Iya Of Ilorin     Folorunsho Alao     Javed Khan     Ajibola Saliu Ajia     Cornelius Adebayo     Saliu Mustapha     Garuba Alikinla Shittu     Third Estate     Yakubu Danladi     Olusin Of Ijara Isin     Ilorin Likeminds Foundation     Coronavirus     Razaq Atunwa     Abioye Bello     UNILORIN Alumni Association     HAMFAT Clinic And Maternity     Kwara State Internal Revenue Service     Salihu Ajia     Sunday Fagbemi     Elections     Col. Taiwo     Hakeem Idris     Women Radio     Abdulkareem Alabi     Farouk Salim     Sango-UITH Road     Bankole Omisore     Oba David Oyerinola Adedunmoye     Sobi FM     Ahmad Olanrewaju Belgore     Abdullahi Adisa Akodudu     Kwara State Infrastructure Development Fund     Isapa     Share/Tsaragi     Ibraheem Abdullateef     Tafidan Kaiama     Haleeman Salman     Bamidele Adegoke Oladimeji     Vasolar-Kwara Company Ltd     KWAFFA     Okin High School     Ola Falade     Col. Ibrahim Taiwo     David Adesina     Bature Bello     Niguel Gallando Marcias     Moshood Bakare     Ariyo     Tanke Flyover Bridge     Raji AbdulRasaq     Benin Republic     Makama Of Kaiama     Government Girls’ Day Secondary School Pakata     Ilorin Emirate Stakeholders Forum     Sidikat Akaje     Ilota     TESCOM     Mohammed Halidu     Pakata Development Association     Woro     March 28     Mutawali     Malete     Alaiye     Salman Jawondo     Hajj     Chief Imam Of Ilorin     Kola Bukoye     Ilorin International Airport     Noah Yusuf     Saadu Alanamu    

Cloud Tag: What's trending

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

Aremu Bose Deborah     Ekiti     March 18     Modupe Oluwole     Ilorin Emirate Staff Association     Lafia Aliyu Korasabi     Olofa Of Offa     Oke-Oyi     Abdulrazaq Aiyelabegan     ITEM 7     Arinola Lawal     Toun Okewale-Sonaiya     Ghali Alaaya     Mohammed Yahaya Barki     Hakeem Lawal     Ayo Salami     Oke-opin     Makama Of Kaiama     Sabi     Erubu     Ahmad Uthman     Rasaq Jimoh     Okanlawon Taiwo     Niyi Ogundiran     Suleman Abubakar     Tayo Alao     Halimat Yusuf     Valsolar Consultoria     Hamidat Sulyman-Yusuf     Ojo Isekuse     Colleges Of Education Academic Staff Union     Salary     Olajumoke Monsura Gafar     Shururat Olatinwo     Crystal Corner Shops     Abdullahi Saadudeen Alikinla     Taofik Mustapha     Shettima Of Ilorin     Oko-Olowo     Post-utme     Yahaya Oloriegbe     Muhammadu Buhari     Ayodele Shittu     Toyin Falola     Folorunsho Erubu     Nigerian Supreme Council For Islamic Affairs     Bolaji Nagode     Ilorin Muslim Community     Moses Afolayan     Ganiyu Taofiq     Government High School Adeta     Kwara State Pension Board     Oya State     Adamu Attah     Sun Qing Rong     Illyasu Abdullahi     Opolo Global Innovation Limited     Shuaib Abdulkadir     KWSIEC     KWIRS     Ndakene     Yahaya Muhammad     Osuwa     Women For Change And Development Initiative     Code Of Conduct     Tunji Oyawoye     Hijaab     Iyaloja-General     Rex Olawoye     SUBEB     Babaloja-General     IESA     Afolayan     Taofeek Ibraheem     Bareke     Fatai Olodo     Saliu Tunde Bello