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.

Kayode Issa     Umaru Saro     Kazeem Gbolagade     Funmi Salau     Simeon Ajibola     Ahmed Dankaya     Amusa Bello     Arinola Lawal     Akom Construction And Engineering Synergy Ltd     Ojo Fadumila     JMK Construction Company Limited     Moses Salami     Oba Abu     Afonja Descendants Union     Chief Imam Of Omu-Aran     Al-Adaby     Babata     Saad Belgore     Henry Olaosebikan     Rapheal Ashaolu     Hamza Usman     Kwha.gov.ng     Christopher Tunji Ayeni     Abdulfatai Baakini     Abiodun Abdulkareem     Alapansapa     Sa\'adu Gambari     Muritala Awodun     Association Of Kwara State Online Media Practitioners     Kale Belgore     Opolo Global Innovation Limited     Belgore     CUTI     Funmilayo Zubair     Centre For Digital Economy     Valsolar     Gbemisola Oguntimehin     Labour Party     Yahya Mohammed     CCEPE     Shuaib Abdulkadir     Ile Arugbo     Kayode Yusuf     Offa     Isaac Aderemi Kolawole     Shola Odetundun     Ilorin East/South Federal Constituency     Akanbi-Oke     Ayeyemi Sulaiman     Umar Yakubu Jaja     Zulu Gambari     Oko-Olowo     Hakeem Idris     Kwara University Of Education     Charcoal     Okeose Christian Cementary     Olabanji Orilonishe     Alimi     Isiaka Danmeromu     Muyiwa Oladipo Kanu     Dan-Kazeem     Funmilayo Isiaka Oniwa     Tunde Idiagbon Road     Ademola Kiyesola     Muslim Media Watch Group Of Nigeria     Saadu Gbogbo Iwe     Ayodele Kuburat Olaosebikan     Ahmed Mohammed Rifun     Aisha Ahman-Pategi     Biliaminu Aliu     Veterinary Teaching Hospital     Ibrahim Agboola Gambari     Mubarak Oladosu     Haashim Initiative For Community Advancement     Manzuma     Hijab     Gbenga Awoyale    

Cloud Tag: What's trending

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

Road Transport Employers Association Of Nigeria     Seun Bolaji     A.G.F Abdulrasaq     Isau     Post-utme     Ilofa     Oluwatoyin Lukman     Rafiu Olasile     Sulu Gambari     Joseph Offorjama     Olushola Saraki     Ayobami Akanbi     Rebecca Olanrewaju     Seed Technologies     IFK     Idris Garba     Bond     LAK Jimoh     New Naira Notes     Kwara Muslim Pilgrims Welfare Board     Awoye     Ganmo Electricity Sub-Station     Ahman Pategi University     Aliyu Alhassan     Bolakale Saka     Abdulmalik Bashir Mopelola Risikatullahi     Abdulrahman Iliasu     Kwara Coalition Of Business And Professional Associations     Bello Taoheed Abubakar     Bisi Oyeleke     Atiku Abubakar     Abatemi-Usman     Laduba     College Of Arabic And Islamic Legal Studies     Mogaji Aare     Wole Oke     Veterinary Teaching Hospital     Taofik Mustapha     Oniye     Ayoade Akinnibosun     Marafan Shonga     AbdulGaniyu Kareem     Forgo Battery     Oro Grammar School     MalHub     Olusola Saraki     Sun Qing Rong     Sardauna     Idiagbon     Ajayi Okasanmi     Umar Gunu     Susan Modupe Oluwole     NTA Ilorin     Surajudeen Akanbi     NITDA     Read With Me     Abdullahi Samari     Aisha Gobir     Ibrahim Akaje     Assayomo     John Olajide Adedipe     NNPP     Ilorin South Constituency     Shonga     Gambari     Tunde Oyawoye     A.E. Afolabi     Na\'Allah     Kayode Alabi     Olatunji Ayeni     Olugbense     Aliyu Muyideen     Siddiq Adebayo Idowu Salawu     Ilorin Central Mosque     Mutawali     Kwara State Fish Farmers Association     Aisha Ahman Pategi