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.

Sidikat Akaje     Adesoye     Adama Isa     Soffiyyallah Kamaldeen     Col. Taiwo     Isaac Gbenle     Trade Lenda SME Fair     Amule Elementary School     AbdulRahman Saad     Ahmad Belgore     Kwara Basketball Association     Irepodun     Sarah Jubril     Illyasu Abdullahi     07039448763     Joseph Yemi Ajayi     Solomon Edoja     Student Learning Support Helpline     Garba Idris Ajia     Mohammed Alabi Lawal     Mohammed Saidu     Unilorin     Solomon Edojah     Rafiu Olasile     Eleja     Ajayi Okasanmi     Centre For Peace And Strategic Studies     John Mayokun Dada     Sheikh Ridhwanullah El-ilory     Ben Duntoye     Daud Adeshola     Ghali Muhammed     Shuaib Boni Aliyu     Sarafadeen Kayode Akorede     Saheed Popoola     Muyiwa Oladipo Kanu     Jide Oyinloye     Folajimi Aleshinloye     Kumbi Titiloye     Hamza Usman     Mohammed Ibrahim     Ramat Oganija     COVID-19 Palliatives     Alabi Olayemi Abdulrazak     Press Release     Nagode     David Adesina     Oke Sunna     Abdulrazaq Solihudeen     Benin Republic     Abdulhakeem Amao     Mamman Saba Jibril     Tinubu     Chief Imam Of Omu-Aran     Aliyu Adebayo     Muslim Stakeholders Of Kwara State     All Confederation Of Principals Of Secondary Schools     Prince Mahe Abdulkadir     Amule     TIC     Galland Marcias     Borgu     Ministry Of Women Affairs And Social Development     Freshvine Nigeria Limited     Kwabes     Kwara Consultative Forum     Vasolar-Kwara Company Ltd     Taofik Abdulkareem Babaita     Manzuma     Kwara State Television (KWTV)     Goodluck Jonathan     Elesie Of Esie     Age AbdulKareem     Abdulkadir Akanbi-Oke     General Tunde Idiagbon International Airport Ilorin     Abubakar B.M     Elerin Of Adanla Irese    

Cloud Tag: What's trending

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

Kehinde Baale     Aliyu Sabi     Ijakadi     Musa Alhassan Buge     Facemasks     Bukola Ajikobi     Clara Nwachukwu     NITDA     Niguel Gallando Marcias     Yusuf Amuda Aluko     Ilorin Central Mosque     Abatemi Usman     Abdulrasheed Akogun     Wahab Abayawo     Hamza Usman     Alfa Modibo Belgore     Ramat Oganija     Oke-Ode     Kwara State Pension Board     Abdullahi Adisa Akodudu     Chief Imam Of Ilorin     Alfa Modibbo Belgore     Kwara State Internal Revenue Service     Radio Kwara     Yeketi     Kunbi Titiloye     Aliyu Muhammed     Ahmed Ayinla Jimoh     Nigerian Medical Association     Ahmad Ali     Press Release     Tosho Yaqub     S.O. Opowoye     Oyin-Zubair     Kwara Basketball Association     UNILORIN Alumni Association     Chartered Institute Of Personnel Management Of Nigeria     Abdulrazaq Solihudeen     Saidu Yaro Musa     Raymond Olaitan     Adama Isa     Olanrewju Okanlawon Musa     Bond     Alloy Chukwuemeka     Young Progressives Party     College Of Arabic And Islamic Legal Studies     Abdullahi Biffo     Sanitation Exercise     Third Estate     Dunmade     Omu Aran     Lanwa     Aishat Sulu-Gambari     Flights To Ilorin     Allocation     Gbadeyan Gbadura Yomi     Abdulkadir Bolakale Sakariyah     General Hospital, Ilorin     Kumbi Titiloye     Vishvas KOZ Tractors     Congress For National Consensus     Kayode Ishola     Agbarigidoma     ER-KANG     Galland Marcias     Minister     Laolu Saraki     Shagari     Oni Adebayo     JMK Construction Company Limited     Zubair Folorunsho Erubu     Abiodun Musa Aibinu     Ayobami Akanbi     Sarah Jubril     Ahmed \'Lateef     International Public Sector Accounting Standards     Akanji