Kwara PDP Seeks Immediate Clarification On Alleged Plans To Liquidate Harmony Holdings
Kwara State PDP submitted on Thursday that sequel to receipt of multiple reports from concerned members of the public that the Abdulrahman Abdulrazaq administration may have initiated processes that will lead to the liquidation of Harmony Holdings, ‘a critical state-owned investment vehicle built with the collective resources of Kwarans’, there is a need for an immediate clarification on the issue.
The party in a statement made available to Team@orientactualmags.com by its state Publicity Secretary, Mr Olusegun Olusola Adewara said ‘although these reports are yet to be officially confirmed by the state government’, their weights and consistency however raise serious concerns that should not be ignored, particularly in the light of the current administration’s troubling history with the sale of public assets .
‘Harmony Holdings is not a private enterprise to be quietly restructured or disposed of at will. It is an economic heritage and shared patrimony of the people of Kwara State. Any attempt to alter its status, whether through liquidation, concession, or otherwise , must be subjected to full public scrutiny and due process. We therefore ask the Kwara State Government to provide clear answers to the following questions:
Has a liquidator been appointed for Harmony Holdings?
If so, under what legal and administrative framework was this decision taken?
Was the Kwara State House of Assembly duly notified and involved in this process?
What safeguards are in place to prevent the transfer of public assets into private hands under opaque arrangements?
It is important to state that these concerns do not arise from nowhere. Kwarans are used to a pattern under this administration where critical state assets have either deteriorated, disappeared, or been quietly stripped of value without accountability.
The once vibrant Kwara Express transport system, which previously served as a backbone of intercity mobility and economic activity, has now effectively collapsed. The buses inherited as public assets under that scheme have all been sold without any transparent accounting to the people’ the statement said.
PDP also noted that public assets are not personal estates to be managed in secrecy or transferred under the cover of administrative technicalities while urging civil society organizations, labor unions, professional bodies, and all well-meaning Kwarans to ‘rise in defense of our collective assets by demanding full accountability from the Abdulrahaman administration’--Team@orientactualmags.com Do you have any information you wish to share with us? Do you want us to cover your event or programme? Kindly send SMS to 08035023079, 08059100286, 09094171980 or get in touch via orientactualmag@gmail.com. Thank you
