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Harmony Holdings Lauds Abdulrazaq Over Disbursement Of Bailout Funds, Clears 6 Months Outstanding Salaries

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Harmony Holdings Limited, Kwara State wholly owned investment management company, has lauded Governor AbdulRahman AbdulRazaq over his approval of the disbursement of bailout funds, part of which was used to pay the six months outstanding salaries of staff at the holdco and several years of other entitlements including the ones inherited from the previous administration.

Group Managing Director and Chief Executive Officer, Mallam Abdullahi Abdulmajeed in a statement on Tuesday appreciated the Governor on behalf of the group, noting the intervention was very timely as the staff now wear glad looks into the Eid-el-Kabir celebration.

“On behalf of Harmony Holdings Limited, I offer deep appreciations to His Excellency, Mallam AbdulRahman AbdulRazaq, the Executive Governor of Kwara State who is also our business owner for his recent approval of disbursement of bailout funds to the company. We are sincerely grateful as this is not the first time we will be benefitting from His Excellency’s magnanimity,” the statement read.

“Part of the funds have been judiciously used to pay the six months outstanding salaries of staff and several years of other entitlements including the ones inherited from the previous administration dating back to 2018. This intervention could not have come at a better time as our staff are now smiling to the banks and are very much elated into the Sallah celebrations. The buck now stop on our table. We will always take responsibility and ensure the turnaround of the investment portfolios under the holdco despite the daunting challenges we inherited. One step at a time, we will clear all the mess.”

The GMD/CEO meanwhile explained that the payment of all the dues will be followed up by restructuring to enable the company meet its overhead and ensure a sustainable system, adding that same will cascade to all the strategic business units.

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JUST IN: Bandits Abduct Zamfara Speaker’s Father

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Suspected bandits have abducted the biological father of the Speaker of Zamfara state House of Assembly, Alhaji Nasiru Muazu Magarya.

The armed men also kidnapped the Speaker’s stepmother, uncle and four others in a raid on his community, Magarya in Zurmi Local Government Area of the state.

The speaker is representing Zurmi east in the assembly.

Salihu Zurmi, lawmaker representing Zurmi West in the state assembly, told Daily Trust that the armed men invaded the community on Wednesday evening.

“This is the fourth time they are attacking the community, the first one they killed some people while during the second assault they torched residential houses and carted away cows and other domestic animals,” he said.

The Director General, Press Affairs of the state House of Assembly Mustapha Jafaru Kaura told our correspondent that they would soon issue press statement on the matter.

“I’m right now with the Honourable Speaker, we will issue statement, give us some times please,” Mustapha said.

In the same vein, the spokesman of the state police command SP Muhammad Shehu said the command would soon issue press release.

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Ilorin South Chair Embarks On Project Inspection Tour, Assures Of Timely completion

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In fulfilment of the promise being made by the Ilorin South TIC Chairman Hon. Aiki during his last visitation to the site of the proposed shopping complex at Ero-Omo, the TIC Chairman has paid yet another inspection visit to the site of the modern shopping Complex.

While he commended the workers at the site for their steadfastness and commitment, Hon. Aiki reiterated the commitment of the Ilorin South Local Government administration towards the completion of the project.

The Chairman further stated that the right step being taken by the administration is an adoption of the good leadership model being laid down by the Governor of Kwara State, Mallam Abdulrahman Abdulrazaq.

While the Chairman appreciated the Governor of Kwara State, Mall. Abdulrahman Abdulrazaq, he further encouraged the residents of the community present during the inspection exercise to continue their revamped support towards the successful administration of the Governor.

The TIC Chairman train further moved around Oko-Olowo axis as well to insect some boreholes and Modern public Toilet sites as well which came as a surprise to most of the workers. While he commended the dedication of the Oko-Olowo residents he further implored them as well to stick to their continued support for the local and state Government at large making another vow to continue his good works.

The residents of Oko-Olowo area of Ilorin South LGA commended the tremendous efforts of the TIC Chairman and wished him well in his various endeavours.

The inspection exercise shall continue across all other sites as well as stated by the Chairman.

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KOPAN Condoles With Former Minister Bolaji Abdullahi Over Mother’s Death

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Kwara Online Publishers Association of Nigeria, KOPAN has mourned the death of Alhaja Rafat Ajeigbe Abdullahi, the Mother of the Former Minister of Sports, Bolaji Abdullahi.

KOPAN in a condolence message signed by the Association Interim Chairman, Ogbeni Hammed Adedayo Said, said;

“On behalf of the members of our prestigious association, KOPAN, we sympathise with a brother and a senior colleague, Mallam Bolaji Abdullahi, on the demise of his beloved mother, Alhaja Rafat Ajeigbe Abdullahi.”

He further said “Please accept our sincere condolences on the death of your mother! No one can replace her but Almighty can comfort you.

May Allah repose her soul. Our deepest sympathies to you and the entire Abdulahi family!”

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