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Kwara denies ceding state-owned institutions

03 August 2015, 14:04

Kwara - The Kwara State Government has denied rumours of a plan to transfer the management of state-owned tertiary institutions and media organisations to Harmony Holdings Limited.

Muyideen Akorede, Senior Special Assistant on Media and Communications to Governor Abdulfatah Ahmed, explained Harmony Holdings Limited was established to manage the state government's dormant assets.

It therefore did not have the mandate to take over any state owned tertiary institution or media organisations.

Also read: Tertiary institutions in Plateau go on strike

Akorede said all government-owned tertiary institutions and media organisations in the state were established by law and could not be handed over to Harmony Holdings Limited or any other body without recourse to the state's House of Assembly and the people of Kwara State through a public hearing.

The state government alleged that the rumour was sponsored by those seeking to distract the successes achieved by Harmony Holdings Limited since its inception.

It thus called on the public to ignore the reports.

The government spokesperson added that Harmony Holdings had turned around the fortunes of companies under its management and had since started paying dividends to the state government.

- CAJ News


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