The Chairman, Board of Directors, Harmony Holdings Limited, Professor Halidu Abubakar has dismissed insinuations that the company is jointly owned by the Kwara State Government and other private individuals.
Professor Abubakar, who made this known to CEOAFRICA, confirmed that the company is 100 per cent owned by Kwara State Government.
Also, the board chairman, Emir of Ilesha-Baruba and Chairman, Traditional Council in Baruten Local Government Area added that there were no plans to bring the state ministries, departments and agencies under the company.
He said this while fielding questions from journalists during an interactive session organised by the company, stating that all Kwarans are shareholders in the company.
“100 per cent of the shares in this company is owned by Kwara State Government and all Kwarans are shareholders of harmony holdings. There is no plan to transfer the MDAs to the holdings because it was not incorporated for such purposes.
"Let us look at this with a common sense; nobody will transfer his responsibility to any other person to manage it. If we have transferred the MDAs then it means we are taking over government which legitimately, no government will do. So, that is a blatant rumour, there is no true in it", he said.
Abubakar added: "I challenge any member of the society who thinks otherwise to take steps to verify the ownership status of the company from the Corporate Affairs Commission. At my age, with my experience and position, I will not sit over the affairs of a company whose books and affairs are not open to the public, as I have nothing to fear, except God."
Reacting to Statement that the state government is planning to move all the higher institutions to the company for effective monitoring, Abubakar said:
“I wonder how institutions established by enabling laws would be ceded to Harmony Holdings by individual fiat. Such ridiculous claims could only have been fabricated by elements with rich sense of imagination and comedy, as there has never been, nor ever would be such plan by the responsible and progressive administration of Alhaji Abdulfatah Ahmed”, he said.
