Oil prices crash: Kwara govt diversifies, begins N100m project in Abuja

Date: 2016-08-20

Kwara State Governor, Abdulfatah Ahmed has advised his colleagues to seek ways of diversifying the economy of their respective states by going into other ventures that would generate more revenues. Gov Abdulfatah Ahmed He stated that relying on federal allocation alone would help the states meet its statutory obligations to the people. The governor stated this while performing a foundation laying ritual of a N100 million project coordinated by Harmony HUB in Wuye, Federal Capital Territory (FCT), Abuja Friday.

He said: "This is in line with our desire to define resourcefulness which is the direction which states are expected to go these days in trying to help development and growth.

"And I am happy Harmony Holdings has taken this. It has not only broken this in Ilorin, but by creating something similar. But again, we need to demonstrate to the whole world that we have taken the right direction and also capable of driving this business not only in Kwara State, but in Nigeria at large. "You will recall that part of what we put in place as a prospect of driving the state forward is by looking inwardly. We tapped into assets that the state has that has not been fully utilized, that has been lying down and been wasting.

"We sought to allow these assets to be driven under the Harmony Holdings Limited Company, which indeed is trying to translate these assets to revenue-generating platforms. "We started this as far back as 2011. So what the Federal Government has said is in consonant with what we are doing in Kwara State."The governor stated that the project would cost N100 million to complete. "I don't think we will be looking less than N50 to N100 million to create an economic property like this", he said.

The Chairman of Harmony Holding, HRH Halidu Abubakar said that the project is construction of three floors building containing business suites, adding that it would take between nine months and one year if resources were available. "This is one of the manifestation of the governor's push that Harmony should be seen to be doing something, and that we should go outside Kwara State and make our presence known", he said.

Source

 

Cloud Tag: What's trending

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

New Naira Notes     Adesina Simon Sodiya     Diagnostic Centre     Aisha Buhari     Muhammad Fawaz Abubakar     Ahmad Ali     Ahmad Olayiwola Kamaldeen     Ibrahim Kayode Adeyemi     SSUCOEN     David Oyepinola Adedumoye     Dogara     Abdulquawiy Olododo     Bature Bello     Iyaloja-General     KWACOBPA     Adama Isa     Olajumoke Monsura Gafar     Gbenga Adebayo     Okin Malt     Baboko     Maimunat Oniyangi     Gafaru Olayiwola Olorisade     Saad Omo\'ya     Abdul-Rasheed Na\'Allah     Maryam A. Garuba     Tsaragi     Olatunde Jare     Moses Salami     Forgo Battery Company Limited     David Adesina     Curfew     Razak Atunwa     Peter Amogbonjaye     Kayode Ibrahim     Omupo     Mujtabah Bature     Umar Gunu     Saheed Akinwumi     Gbemisola Saraki     Ibrahim Agboola Gambari     Idowu Aremu     Mutawali Of Ilorin     Rice Farmers Association Of Nigeria     Yakubu Shaaba     Demola Banu     Balogun Ajikobi     College Of Arabic And Islamic Legal Studies     Shaaba Lafiagi     Afonja Descendants Union     Saba Jibril     Ben Duntoye     Mamman Saba Jibril     Muhammed Taofeeq Abdulrazaq     Ilorin Emirate Staff Association     Kwara NIPR     Musa Yeketi     Ramat Oganija     Yusuf Ali     SSA Youth     Saka Adeyemo     Yakubu Gobir     Tunji Olawuyi     Ishak Mohammed Sabi     Akanbi-Oke     Kola Olota     Mansurat Amuda-Kannike     Adedeji Onimago     Lanre Issa-Onilu     KWSIEC     Kumbi Titilope     Ibrahim Abdulqadir Abikan     Abdulrahman Abdulrazaq     Busari Alabi Alausa     Abdulazeez Uthman     Usman Alkali Baba     Kisra     Balogun Fulani    

Cloud Tag: What's trending

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

Peter Amogbonjaye     College Of Arabic And Islamic Legal Studies     Mahfouz Adedimeji     Kwara State Sports Commission     Amada Jidda     Yaman     Tsaragi/Share     Jimoh Lambe Abdulkareem     Abubakar Atiku     Ibrahim Bio     Sebastine Obasi     Isiaka Saka Opobiyi     Hamidat Sulyman-Yusuf     AIT Ilorin     Abdulganiyu Salahudeen     International Vocational Centre     Abubakar Olusola Saraki     Yakubu Shaaba     Harrison Osauwagboe     Muhammad Toyin Sanusi     Yusuf Abdulkadir     Naira Redesign     Revenue Court     Kwara State Health Insurance Agency     Toun Okewale-Sonaiya     Kwara North     Wasiu Onidugbe     Kwara Restoration Project     Opobiyi     Isiaka Abdulrazak     Olatunji Ibrahim     Mohammed Ghali Alaaya     Vasolar-Kwara Company Ltd     National Party Of Nigeria     Muhammad Sirajo Aliyu     Boko Haram     Kamaldeen Gambari     Idowu Aremu     Kwara Teaching Service Commission     Kunbi Titiloye     Muritala Awodun     Jimoh Saadudeen Muhammed     Siddiq Adebayo Idowu Salawu     Balikis Jawondo     Abdulrazaq Sanni     Baba Isale     Emir Of Ilorin     Quareeb Islamic Association     Agbarigidoma     Freshvine Nigeria Limited     Patience Jonathan     George Innih     Babatunde Ishola Babaita     Adamu Attah     Ogbondoroko     Iqra Books     Owo Arugbo     Aremu Odolaye     Sa\'adu Salau     Government High School Adeta     Maigidasanma     20 Billion Bond     Aliyu Olatunji Ajanaku     Ajayi Okasanmi     Olatunde Jare     Afusat Nike Ibrahim     Chikanda     Y.A. Abdulkareem     Issa Memunat Moyosore     Yusuf Lawal     Hassan Saliu     Taofik Mustapha     Sam Onile     Kamaldeen Kehinde     Demola Banu     Ahmed Shuaib Buranga     Adeleke Ogungbe