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.

Ibrahim Taiwo Road     UITH     Oyeyemi Olasumbo Florence     Abioye Bello     National Democratic Congress     Mutawali Of Ilorin     Olabimpe Olani     IHS     Kawu     Ahmed Ayinla Jimoh     Kwara     Pius Abioje     Fatimah Abdulkadir     Christopher Odetunde     Abdulwahab Ololele     Abdul Jimoh Mohammed     Elerinjare-Ibobo     Kwara State University Of Education     Ibrahim Abduquadri Abikan     MMWG     First Lady     Soffiyyallah Kamaldeen     Ibrahim Abikan     Segun Olawoyin     Segun Abifarin     Irepodun     Onilupeju Of Ilupeju     Pakata     Aliyu Sabi     Babatunde Ishola Babaita     Alanamu     Joseph Yemi Ajayi     Bashir Badawi     Garuba Alikinla Shittu     Senate     Otunba Taiwo Joseph     April 11     Modupe Oluwole     Bamidele Aluko     Javed Khan     Wale Oladepo     Taofeek Ibraheem     Wasiu Onidugbe     Baba Isale     Isaac Gbenle     AbdulRazaq Jiddah     Bisi Oyeleke     20 Billion Bond     PAACO-PCL Consortium     Isiaka Rafiu Mope     Tunde Oyawoye     Kwara State Football Association     Emir Of Lafiagi     Owu Fall     Apaokagi     Omu Aran     Galadima     Shaykh Luqman Jimoh     Adebayo Mohammed Kamaldeen     Vasolar     Mohammed Halidu     Ike Ekweremadu     John Olajide Adedipe     Salary     Yusuf Aiyedun     Rasaq Jimoh     Umar Adelodun     Yahaya A Paniyaro     AbdulRazaq Abubakar Jiddah     Mohammed Jimoh Faworaja     Baba Issa Awoye     Kale Belgore     Facemasks     Paul Olawoore     Musa Yeketi     COVID     Susan Modupe Oluwole    

Cloud Tag: What's trending

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

Alfa Modibbo Belgore     Abdulganiyu Oladosu     Binta Abubakar-Mora     TESCOM     Fatimoh Lawal     Egbejila     Ibrahim Akaje     Mazars Consulting     Osuwa     Jebba     Tosho Yaqub     Bayo Mohammed Onimode     Hassan Saliu     Mujtabah Bature     Chief Imam Of Omu-Aran     AbdulRazaq AbduMajeed Alaro     Mohammed Kamaludeen     Woro     Ibrahim Kayode Adeyemi     Press Release     Aminu Ado Bayero     Issa Oloruntogun     Abdulkadir Orire     Bond     Afolabi-Oshatimehin     Segun Adeniyi     Rex Olawoye     IsDB     Olaitan Adefila     Kwara Coalition Of Business And Professional Associations     Ileloke     Amos Bajeh     Tanke Flyover Bridge     Ronke Adeyemi     TIC     MAI Akande     Maigida     JAMB     Oluronke Adeyemi     Olatunde Oyeyiola     NTA Ilorin     Saduki Lafiagi     Plat Technologies     IYA YUSUF     Okin Biscuits     International Aviation College     Yahaya Abdulkareem     Muhammad-Mustapha Suleiman     Makama Of Kaiama     Sidikat Akaje     Sarafadeen Kayode Akorede     Aishat Mohammed Lawal     Abdulhakeem Amao     Law School Scholarship     Charles Ibitoye     Suleman Abubakar     Sam Okaula     Ndakene     Ibrahim Jawondo     Turaki     Saba Jibril     Dan-Kazeem     Forgo Battery     Abdulrahman Onikijipa     Air Peace     Arinola Lawal     Ibraheem Adeola Katibi     Bankole Omishore     GRA     Ibrahim Labaika     Gbemi Saraki     Muhammad Mustapha Suleiman     Dan Iya     Communication Network Support Services     Sobi     International Vocational Centre     Abdulrahman Iliasu