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.

Onilorin     Fulani     Osuwa     Christopher Ayeni     Adedeji Onimago     Mohammed Saidu     Okeose Christian Cementary     Erin-ile     Saeedat Aliyu     Mahee Abdulkadir     M.Y. Abdulrahaman     Abdulazeez Arowona     Farouk Salim     Olabimpe Olani     Ariyo     07039448763     Alanamu     Abdulmumini Sanni Jawondo     Reuben Paraje     Jimoh Lambe Abdulkareem     Fatimoh Lawal     A.O. Belgore     Kolade Solagberu     Amina El-Imam     Muftau Akanbi Oke     Moshood Kashimawo Abiola     Mohammed Jimoh Faworaja     Ilorin East     Jaigbade Alao     Monkey Pox     Ike Ekweremadu     Funmilayo Braithwaite     NFAI     Bolaji Aladie     Onikijipa     Saheed Akinwumi     Tayo Alao     Kwara Hotel     Daud Adeshola     Ridwan Agboola     Makama     Elerin Of Adanla Irese     Baba Isale     Adeola Abraham     Shao     Woro     Muazam Nayaya     John Olobayo     Illyasu Abdullahi     Imam Gambari     Lafia Aliyu Korasabi     Sheu Ndanusa Usman     Admiralty Villa     Shehu Raheem Adaramaja     Kulende-UITH     Patigi Regatta     Tunji Ajanaku     Bola Olukoju     Saba Mamman Daniel     Iyeru Grammar School     Gbadeyan Gbadura Yomi     Senate     Atunwa     Valsolar Consultoria     Alloy Chukwuemeka     Ibrahim Agboola Gambari     KWASIEC     Wole Oke     National Democratic Congress     Oyelere Oyinloye     Jawondo     Okin Biscuit     Saliu Mustapha     Ramat Oganija     Oloje     Firdaos Amasa     Fatai Garuba Labaka    

Cloud Tag: What's trending

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

Ilorin Like-Minds     Shagari     AGILE Programme     Lateef Fagbemi     Christian Association Of Nigeria     Kazeem Adekanye     Ibrahim Taiwo     Ilorin Descendants Progressive Union     Third Estate     Abdulwaheed Musa     Aliyu Salihu     Taofik Abiodun Ahmed     Agbarigidoma     Al-Ilory     Shehu Salau     United Nigeria Congress Party     Baba Adini Of Kwara State     Vasolar Consultoria     Local Government     SAPZ Project     Ijagbo     Kayode Oyin-Zubair     Yunus Oniboki     Al-Adaby     Ethical College     SDP     Kola Adesina     ENetSuD     Olanrewju Okanlawon Musa     Bamidele Adegoke     Abiodun Jacob Ajiboye     Tsaragi-Share     Olam Food Ingredients     Jamiu Oyawoye     Ibrahim Abdulkadir Abikan     Abdulwasiu Bolaji Adeyi     Societe Generale Bank Of Nigeria     Prince Sunday Fagbemi     ARMTI     Aliyu Olatunji Ajanaku     Mohammed Saidu     James Ayeni     Ibraheem Adeola Katibi     Yusuf AbdulRasheed     Mahmud Ayinla Giwa     Lawal Olohungbebe     Sulu Babaita Isiaka     Bello Oyebanji     Kola Bukoye     Oba Abdulraheem     Yusuf Amuda Gobir     Yusuf Lanre Badmus     AbdulRasaq Abdulmajeed Alaro     Yusuf Amuda Abubakar     Abdulfatai Salman Baakini     Ayinde Oki     Bisi Kristien     Marafan Shonga     Oluranti Idowu     Sadiq Buhari     Magaji Are     Jelili Yusuf     Saka Keji     Gurei     Charcoal     Adedayo Yusuf Abdulkareem     Riskat Opakunle     Oba Abu     ER-KANG     Ibrahim Abdulqadir Abikan     Tricycle Owners Association Of Nigeria     Aliyu Alhassan     Jaigbade Alao     Alfa Belgore     Post Utme     Olaoye B. Felix     Makama Of Ilorin