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.

Sunset Workers     Wahab Egbewole     PharmAccess Foundation     Islamiya Abdulraheem     Rebecca Bake     Garba Dogo     Isiaka Oniwa     Toyin Olayinka Tejidini     Timothy Akangbe     Hassanat Bello     Sardauna Of Ilorin     Ahman Pategi     Kehinde Boyede     Tunde Akanbi     Olabode Towoju     Kwara TV     Olaiya Victor Mobolaji     Yusuf Arowosaye     Admiralty Villa     Read With Me     Funmi Salau     Col. Adedipe     Mazars Consulting     Ganmo Electricity Sub-Station     Amusa Bello     Saliu Shola Taofeek     Jimoh Bashir     Ahman Pategi University     Yoruba     Mufutau Gbadamosi Esuwoye     Standard Organization Of Nigeria     Rotimi Samuel Olujide     Abdul Jimoh Mohammed     Adanla-Irese     Egbewole     Kwara State Fish Farmers Association     Omotoso     John Olobayo     Kwara State Governor     Ilorin Emirate     Opobiyi     Kayode Ishola     Old Oyo     Muazam Nayaya     Oniyangi     Oko Erin     Risikat Lawal     Halidu Danbaba     Dan Iya Of Ilorin     Mamman Saba Jibril     Saka Asiat Ayinke     Gamji Members Association     Balogun Ajikobi     IYA ALFA NLA     Niyi Ogundiran     Alao Ayotunde     Elesie Of Esie     Adedayo Yusuf Abdulkareem     Adamu Atta     QuickWin     Micheal Imoudu     Ojuekun     Atunwa     Ganiyu Abolarin     Tunde Yusuf     Guber Aspirant     Abdulhakeem Adelaja Amao     Durosinlohun Atiku     Abdulrasheed Akogun     Ayobami Seriki     Patience Jonathan     Monthly Sanitation     Olugbense     Code Of Conduct     Arandun     March 18     Ajibike Katibi    

Cloud Tag: What's trending

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

Turaki     Adebara     Babajide Ajayi     Dankaka     Twitter     Peter Obi     Abubakar Abdulraheem     KFA     Soffiyyallah Kamaldeen     Abdulmumini Sanni Jawondo     Salihu Yahaya     Law School Scholarship     Madawaki Of Ilorin     Odolaye Aremu     Mogaji Aare     Ayedun     Emir Of Shonga     Amuda Bembe     Hajj     Yusuf AbdulRasheed     Jimoh Bashir     Abdulkarim Adisa     Stephen Fasakin     Olohungbebe     Ilorin Central Mosque     Ilorin Likeminds Foundation     Mahmud Babatunde Baker     Salihu S. Yaru     Kamoru Kadiri     Ilorin Emirate Staff Association     Abdullahi G. Mohammad     Seed Technologies     Ile Arugbo     Sheikh Ridhwanullah El-ilory     COVID-19 Palliatives     Mohammed Ibrahim     Student Learning Support Helpline     Democracy Day     Afolabi-Oshatimehin Adenike Harriet     Abiodun Abdulkareem     Abdulkareem Alabi     Olomu Of Omu-Aran     Siddiq Adebayo Idowu Salawu     Ayegbeni     Col. Ibrahim Taiwo     Ilorin West     Ilorin West/Asa Federal Constituency     AbdulHamid Adi     Yaman     Bashir Adigun     Radio Kwara     Olaitan Buraimoh     Shade Omoniyi     Samuel Olusegun Adedayo     Yeketi     Justina Oha     Ajase-Ipo     Abdulmumini AbdulRazaq     Moronfoye     Kwha.gov.ng     Centre For Community Empowerment And Poverty Eradication     Federal Neuro-Psychiatric Hospital     Shero     Ojuekun     Yakubu Shaaba     Tayo Alao     Aishat Sulu-Gambari     Sheu Ndanusa Usman     Tafidan Kaiama     Sulyman Tejidini     Ilota     ASMAU PLAZA     Garba Ayodele Wahab     Oro Grammar School     QuickWin     Roseline Oni Aremu     Yusuf A. Usman