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.

John Obuh     VADA     Bello Bature     Akeem Olatunji     Moronfoye     Roheemat Hammed     Jumoke F. Ajao     Ekweremadu     National Broadcasting Commission     Galadima     Doyin Awoyale     Muritala Awodun     Tope Daramola     Mohammed Khadijat Kubura     Amuda Musbau     Abdulhakeem Adelaja Amao     COVID-19 Palliatives     Olupako Of Share     Nigeria Association Of Women Journalists     Olanrewju Okanlawon Musa     Alore     Esuwoye     Oja-Oba     Abdulmumini Sanni Jawondo     Aisha Gobir     Esinniobiwa Quareeb     Societe Generale Bank Of Nigeria     Arik     Salake     KWASSIP     Okanlawon Musa     UITH     Yakub Lai Gobir     Zaratu Umar     Samuel Olusegun Adedayo     20 Billion Bond     Facemasks     Adama Isa     Okedare     Ayobola Ipinlaiye     Abdulfatah Ahmed     Wale Oladepo     Chikanda     Aishat Sulu-Gambari     Jimoh Lambe Abdulkareem     Trade Lenda SME Fair     Isin     Ibrahim Oniye     Kwara TV     Bursary     Ariyo     AbdulKareem Yusuf Danhawa     Photo News     Fatima Abolore Jimoh     Stephen Fasakin     S.O. Opowoye     Maimunat Oniyangi     Oke-Ogun     Ibrahim Sulu Gambari     AbdulQowiy Olododo     Olatunji Ibrahim     Ajuloopin     Femi Agbaje     PPS     Agboola Abdulraheem     Ado Ibrahim     Kwara State Pension Board     Ibrahim Abduquadri Abikan     Academic Staff Union Of Universities     Ike Ekweremadu     Oba Of Jebba     A.G.F Abdulrasaq     Hassan A. Saliu     Oluronke Adeyemi     Bluenile Associates     T And K FOODS     Ishola Abdullahi    

Cloud Tag: What's trending

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

Katibi Ibraheem Adeola     Ophthalmological Society Of Nigeria     Maimunat Oniyangi     Oyedepo     LABTOP     Ilesha-Baruba     Oniye     Seun Bolaji     Ijagbo     Segun Olawoyin     Frootify     Suleiman Ajadi     Yakubu Dogara     Nnazua     Code Of Conduct Tribunal     Kwara State Council Of Chiefs     Wahab Femi Agbaje     Musa Alhassan Buge     Aisha Abodunrin Ibrahim     Olayinka Jelili Yusuf     Razaq Ayobami Akanbi     Yusuf AbdulRasheed     Yusuf Lanre Badmas     Adaramaja     Ilorin Durbar     Aisha Gobir     Opolo Global Innovation Limited     Vishvas KOZ Tractors     Bayo Onimago     Bola Ahmed Tinubu     Is\'haq Modibbo Kawu     Abiodun Oyedepo     Kola Adesina     Agbarigidoma     Kunle Akogun     Press Release     Shonga     Saba Mamman Daniel     Oye Tinuoye     Maja     Kola Olota     Laolu Saraki     Face Masks     Academic Staff Union Of Universities     Marufat Oladosu     Kassim Babamale     NIPOGA     Makama     Jimoh Olusola Imam     KWASSIP     Kwara Polytechnic     Aso-ofi     Moronfoye     Islamic Development Bank     Yekini Adio     Dan Iya     Agor Market     Muhammad Yahya     Abdulmumini Jawondo     Matthew Babaoye     Sola Saraki University     Doyin Agbamu     Tsado Manman     Shehu Alimi Foundation For Peace And Development     Tanke Road     Oloriegbe     Saliu Oluwole     Abatemi Usman     Olabimpe Olani     Abdulganiyu AbdulAzeez     Durosinlohun Kawu     Adijat Adebiyi     Jalala     Onilupeju Of Ilupeju     Joseph Alex Offorjama     Yoonus Lawal     Abdulganiy Abimbola Abdussalam