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.

Wahab Olasupo Egbewole     Women Radio     Moshood Bakare     LABTOP     TETFUND     Tinubu Legacy Forum     College Of Health     Plat Technologies Limited     Quarry Royal Valley     Umar Yakubu Jaja     Abdulganiy Abimbola Abdussalam     Adamu Atta     Fola Consultant     Suleiman Alege Kuranga     Femi Oladiji     Ilorin East     Lai Mohammed     Mansur Alfanla     National Association Of Nigerian Students     Centre For Digital Economy     Sulu Babaita Isiaka     Madawaki     Coalition Of Kwara North Groups     Erubu     Umar Adelodun     JMK Construction Company Limited     Maryam Nurudeen     Oke-Odo     Kamaldeen Ajibade     Abdulmutalib Shittu     Abdulganiyu Oladosu     BECE     Surajudeen Akanbi     Okiki     Neo Mundo Ltd     Shehu Salau     Seun Bolaji     Yusuf Abdulwahab     Lateef Fagbemi     Abraham Ojo     Offa Metropolitan Club     Olokoba Sulyman     Awwal Jawondo     Tosho Yaqub     Abdulquawiy Olododo     Abdullahi Imam Abdullahi     Maimunat Oniyangi     Shade Omoniyi     Igbaja     Christian Association Of Nigeria     Raheem Adaramaja     Muslim Stakeholders Of Kwara State     Bature Bello     Raji Ayodele Kamaldeen     Femi Gbajabiamila     Titus Suberu-Ajibola     Daud Adeshola     Abdulmalik Bashir Mopelola Risikatullahi     Durosinlohun Kawu     Issa Oloruntogun     Ishaq Salman     Razaq Atunwa     All Confederation Of Principals Of Secondary Schools     Omotosho     Sa\'ad Alanamu     George Funsho Adebayo     Aremu Odolaye     Akeem Lawal     Kwara Teaching Service Commission     Ubandawaki     Yahya Mohammed     Gobir     Idofin     Ogbondoroko     Kale Ayo     KWATMA     Bolaji Nagode    

Cloud Tag: What's trending

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

Yekini Adio     Yahya Mohammed     Bluenile Associates     Amuda Aluko     Musa Alhassan Buge     Sabi     Ilota     Salman Jawondo     Isiaka AbdulRazaq     Balogun Ajikobi     Bello Abubakar     TESCOM     Bilikisu Gambari     Aso-ofi     Muhammed Abdullahi     Durbar Festival     TIC     Ayoade Akinnibosun     Haruna Olawale Sulaiman     Oba Sulaiman Asude     Taofik Abiodun Ahmed     Oloruntoyosi Thomas     Wale Oladepo     Kwara State Health Insurance Agency     Ilesha-Gwanara     Alagbado     Abdullahi Atanda     Shehu Jimoh     Tope Daramola     Kwara     Centre For Community Empowerment And Poverty Eradication     Yunus Lawal     Abubakar Atiku     Bayo Ojo     Kwara State Branch Of The National Library     Budo Egba     Bahago     Y.A. Abdulkareem     Colleges Of Education Academic Staff Union     College Of Health     AbdulRazaq Jiddah     Kawu     Lanre Issa-Onilu     Kwara State Pension Board     Taofik Abdulkareem     Bolaji Gambari     Kisira     Sanusi Abubakar     Temi Kolawole     Taofeek Sanusi     Communication Network Support Services     FERMA     Admiralty Villa     Code Of Conduct Bureau     Wasiu Odewale     Nigeria Computer Society     March 18     Funke Adedoyin     Aso Ofi     Ibraheem Abdullateef     Salihu Ajibola Ajia     Amoyo     Dogara     Freshvine Nigeria Limited     Benin Republic     Mohammed Lawal Bagega     Bello Oyedepo     Hameed Oladipupo Ali     Mopelola Abdulmaliq-Bashir     Yakubu Gobir     Eleja     Ojuekun Sarumi     ER-KANG     Shehu Salau     Ishak Mohammed Sabi     Lanre Badmas     Hauwa Nuru