Kwara Holdings Lauds AbdulRazaq for Paying Workers Six Months’ Salaries

Hammed Shittu

The management of the Kwara State-owned company, Harmony Holdings Limited(HHL), yesterday lauded the state Governor, Alhaji AbdulRahman AbdulRazaq, for approving the disbursement of bailout funds to pay the six months’ outstanding salaries of the company’s workers.

In a statement issued in Ilorin by the Group Managing Director of HHL, Mallam Abdullahi Abdulmajeed, and made available to journalists, the management also stated that the gesture had assisted the company to offset all other outstanding entitlements, including the ones inherited from the previous administration.

He said the intervention of the governor in fulfilling these outstanding salaries and other entitlements was timely, as the staff members now carry delightful expression into the Eid el Kabir celebration in the state.

Abdulmajeed added: “On behalf of Harmony Holdings Limited, I offer deep appreciations to His Excellency, Governor AbdulRahman AbdulRazaq, 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 would be benefitting from the governor’s magnanimity.

“Part of the funds have been judiciously used to pay the six months outstanding salaries of workers as well as 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 members are now smiling to the banks and in elated mood into the Sallah celebrations.

“The buck now stops 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.”

Meanwhile, the GMD/CEO explained that the payment of all the dues would 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.