The Kwara state house of Assembly has approved the transfer of interest and properties of Harmony Holdings and its subsidiaries to the Kwara state Government.
The approval was sequel to a motion on Notice titled “ Need for the Transfer of properties of Harmony Holdings limited to the Kwara state Government” moved by the House leader Hon. Mogaji Oba Abdulkadri during today’s plenary.
While leading the house in the debate on the motion on Notice, Hon. Abdulkadri said the motion was in response to the governor Abdulrahman Abdulrasaq request for the approval of the house in a letter read on the floor of the house on July 2, 2025 which is in line with approval of the Kwara state executive council.
According to him all the effort to resuscitate the company have proof abortive which necessitate the take over of the company to turn it into a profitable venture.
Other lawmakers who spoke in support of the motion on Notice urged Governor Abdulrahman Abdulrasaq to direct the ministry of justice to provide the necessary legal instruments for the process of transfer.
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