To survive decreasing incomes accruable to states from the Federation Account, the Kwara State Governor, Abdulfatah Ahmed, on Friday commissioned a N100 million project in the Federal Capital Territory (FCT).

Dwindling prices of oil in the international market, which fell below $30 per barrel from over $100 per barrel over a year ago, have reduced revenues to states.

Therefore many states have been battling to pay workers’ salaries among other challenges.

Some states have started exploiting other sources of revenue to survive.

Laying the foundation for Harmony HUB in Wuse, Abuja, Ahmed 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 inward. We tapped into assets that had not been fully utilized, those that had 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.”