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.

Akorede     Alliance For Democracy     Yoonus Lawal     Amoyo     Kwara State Pension Board     Igosun     Goodluck Jonathan     Kudirat Arinola Lawal     Samuel Elizabeth Keatswa     Galadiman Ngeri     Ronke Adeyemi     Raliat Elelu-Habeeb     Yusuf Abdulkadir     Kwara Central     Kaiama     Maryam Ado Bayero     Aso Ofi     Olam Food Ingredients     Isiaka Alikinla     Lateef Ademola Olatunji     Kwara Restoration Project     Umar Bayo Abdulwahab     Doyin Agbamu     Mohammed Lawal Bagega     Abiodun Abdulkareem     Dan-Kazeem     Damilola Yusuf     Suleiman Mora Omar     Salihu Ajia     Charcoal     Bluenile Associates     SWAN     Nigerian Army     NAWOJ     Ajibola Saliu Ajia     Ahmed Bolaji Nagode     Bankole Omishore     Kazeem Oladepo     Alagbado     Yomi Adeboye     Emmanuel Bello     Bola Sagaya     GGDSS Pakata     Government Girls’ Day Secondary School Pakata     Isaac Aderemi Kolawole     Samuel Adedoyin     Mahmud Ayinla Giwa     Alao Ayotunde     Ishola Balogun Fulani     Yusuf Olaolu Ali     Lithium     New Nigeria People’s Party     Shehu Adaramaja     Quranic Recitation Competition     Kwara TV     Emir Of Shonga     Halimah Perogi     Katibi Ibraheem Adeola     Prince Bola Ajibola     Bayo Ojo     International Public Sector Accounting Standards     Kwara Politics     Afetu Of Alabe     Usman Alkali Baba     John Obuh     Balogun-Ojomu     Arinola Fatimoh Lawal     Tope Daramola     Muslimah Entrepreneurship Forum     Irepodun     Otuka     Shettima     Abdulkareem Alabi     Isiaka AbdulRazaq     Shehu Alimi Foundation     Oko-Olowo     Igbomina    

Cloud Tag: What's trending

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

Victor Gbenga Yusuf     Valsolar     John Olobayo     Bilikisu Oniyangi     Grillo     Suleiman Rotimi Iliasu     Alagbado     Aishatu Ahmed Gobir     Tinubu     Bola Olukoju     Yunus Lawal     Simeon Ajibola     Olabode George Towoju     Dan Masanin     Kwara Pdp     Saraki     Amuda Musbau     Shururat Olatinwo     Bolakale Ayo     Ilorin Anchor Men And Women     Folorunsho Erubu     Ebun-Olu Adegboruwa     Wahab Femi Agbaje     Umar Yakubu Jaja     Kayode Yusuf     Ibraheem Adeola Katibi     M.Y. Abdulrahaman     Sango-UITH Road     UNILORIN Alumni Association     3MTT     Ahmad Uthman     Kumbi Titiloye     Afolasade Opeyemi Kemi     MMWG     Ayoade Akinnibosun     Folashade Omoniyi     David Oyerinola Adedunmoye     Valsolar-Kwara Company Limited     Yomi Ogunsola     TIC     Jimba Babatunde     Yeketi     Najim Yaasin     Yahaya A Paniyaro     Lanre Olosunde     Toyin Abdullahi     COVID     Salman Suleiman     Ekweremadu     Abdul-Rahoof Bello     Hamidat Sulyman-Yusuf     Nupe     Durosinlohun Kawu     Nagode     David Oyepinola Adedumoye     Tunde Kazeem     Abdulrahman Abdullahi Kayode     Olaitan Adefila     Lafiagi     Abubakar B.M     Hikmah AbdulKareem     SARS     Basic Education Certificate Examination     Awoye     Elections     Sanitation Exercise     Y.A. Abdulkareem     Abdulkareem Alabi     Abdulrazaq Solihudeen     Ahmed Idris Mohammed     Neo Mundo Ltd     Zaratu Umar     Kulende     Mukhtar Shagaya     Asa     Abdulmumini Jawondo     Abdullahi Atanda