News
Kwara people must own, benefit from Harmony Holdings — New GMD
• Says firm committed to workers’ welfare
By Steve Oni, Ilorin
Group Managing Director of the Harmony Holdings Limited Abdullahi AbdulMajeed on Monday said the investment firm is being repositioned to truly benefit and be accountable to the people of Kwara State whose assets form the core of its existence.
“The task in Harmony Holdings is quite herculean but we believe that we can transform that organisation to become an institution of pride to the people and government of Kwara State,” he said on Monday during a courtesy visit to the Office of the Chief Press Secretary (CPS) to the Governor.
AbdulMajeed lamented that the firm had been riddled with impunity and underhand dealings not consistent with the mandate of its establishment in 2013, adding however that the new management has resolved to not only make the firm profitable but to also open its books to the public for the sake of probity.
“We understand that the public confidence in our organisation has been largely eroded because the last administration ran that place like a shell company. They were not talking to the public. They were not open to transparency and scrutiny, and they did not give the people of the state that sense of belonging that is required of a company that belongs to them. And I want to state that henceforth that has stopped,” AbdulMajeed said.
“We are opening up that organisation to more public scrutiny and transparency, that is why we are beginning to go to the media. And there is no better place to commence than from the office of the image maker of the Governor.”
He said the firm under him has put together a turnaround management team to midwife full repositioning of the company, pledging to achieve operational stability to become core revenue generator for Kwara State.
“Leakages that have been identified across the holdings groups, running down from all the strategic business units (SBU) down to the holdings group in itself are being blocked as I speak to you. One of the core things that we need to do to attain operational stability… Our cost ratio to revenue in all of those organisations (SBUs) is quite unsustainable. In some areas we have cost to revenue of 70% to 100%. In any organisation where operational cost takes as much as even above 50% you can be sure that you cannot turn in a profit. And in our case we have some as high as 70%. That is quite unsustainable and at the moment we are beginning to make efforts to ensure that that is no longer the case.”
AbdulMajeed, meanwhile, has explained why some workers in the agency are being owed salaries since the dissolution of the board of the investment firm, adding however that the issues are being resolved.
He added: “Since the dissolution of the board, there has been a partial severance of that relationship. The SBUs were no longer reporting to the Holdings… and there was therefore no how they could get fund from the SBUs. And that has resulted in the inability of the holdings company to pay salaries till date. Salaries have accumulated to about 7 months and we have spoken with the government. We have appealed for some sorts of bridge fund which will help us attain operational stability before our businesses return to normalcy. And then I can tell you confidently that His Excellency is already looking into that situation and we have assurances that things will soon look good for all the workers.”
Ajakaye, for his part, assured the firm of the support of the state’s information managers to project its activities and repositioning efforts.
“We recognise the fact that your success is our success because this is all about the interest of the people of Kwara State which His Excellency has been working to protect, especially with regards to ensuring that public assets truly work for the interest of the Kwara public,” he said.
News
Activists confess receiving N500m Naira to blackmail Tinubu’s Minister Matawalle, beg for forgiveness
Five civil society activists and media operatives on have openly confessed to being part of a N500 million coordinated blackmail campaign against the Minister of State for Defence, Dr. Bello Mohammed Matawalle, and tendered an unreserved public apology to him.
The activists, led by Comrade Aryan Abdul Kareem, made the shocking revelation at a press conference in Gusau, the Zamfara State capital.
Speaking on behalf of Comrade Olumu Lucky, Comrade Olukayode Williams, Comrade John Osumbor Mark, and Engineer Bashir Muhammad, Kareem disclosed that the entire operation was sponsored and supervised by the administration of Governor Dauda Lawal Dare through his Spokesperson, Sulaiman Bala Idris.
According to the group, Sulaiman Bala Idris personally convened several secret meetings where they were briefed, handed instructions, and provided with funds.
The campaign, they said, cost “above five hundred million naira” and involved recruiting social media influencers, bloggers, political commentators, conventional media houses, and prominent Zamfara politicians including Senator Kabiru Marafa and Sani Abdullahi Shinkafi.
“We were part of that machinery. We accepted money and roles to circulate damaging and false narratives against Dr. Bello Matawalle even though we knew they were lies. We chose financial inducement over conscience,” Kareem admitted.
The activists said their actions caused “serious emotional pain, reputational damage and distress” to the Minister, his family, and supporters, adding that after deep reflection, they decided to come clean.
“Today, we tender our unreserved apology to His Excellency, Dr. Bello Mohammed Matawalle, and to every Nigerian who was misled by the falsehood we helped spread. We beg for his forgiveness and the forgiveness of the public. This apology is born out of genuine remorse,” the statement read.
The group further declared readiness to face any legal or moral consequences, stating that they possess “documentary evidence” of every transaction and meeting, including with Governor Lawal’s Spokesperson.
“We are ready to submit all the evidence and cooperate fully with the EFCC, DSS, police or any competent authority that wishes to investigate this matter,” they affirmed.
While urging other participants in the alleged plot to also confess, the activists said their decision was aimed at cleansing their conscience and helping to enthrone truth and accountability in Nigerian politics.
News
Security Agencies Uncover Plot to Stage Protest Against President Tinubu, NSA Ribadu
Nigeria’s security agencies have reportedly uncovered a plan by some opposition politicians to organise protests in Sokoto and other northern states against President Bola Tinubu and National Security Adviser Nuhu Ribadu.
Fresh intelligence reports made available to journalists on Friday show that former Senator Kabiru Marafa is the main arrowhead of the plot.
The group is allegedly working to discredit NSA Nuhu Ribadu and the Minister of State for Defence, Bello Matawalle, by falsely linking them to bandit groups and using a Sokoto-based militia to trigger violent protests.
Sources say the Zamfara State Government, led by Governor Dauda Lawal, is strongly backing the plan and providing funding, determined to paint the federal security team as incompetent and force the removal of both Ribadu and Matawalle.
Security operatives detected the scheme this week, monitored several planning meetings in Gusau and Abuja, blocked funding channels, and quietly disrupted the operation.
No arrests have been made, but all the key figures are now under close surveillance.
The key figures are now being monitored by security agencies to track their key sources of funding.
News
CCSO Breaks Silence, Says Allegations Were Fabricated And Unjust
… withdraw petition of alleged corruption
No fewer than 17 Civil Society Organizations, CSOs, Tuesday, withdrew allegations and begged the Director General, DG, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun.
The CSOs had earlier leveled allegations of financial impropriety, abuse of office, and monetization of Certificates of No Objection against Adedokun, and the Chief of Staff, Mr. Olanrewaju Obasa, which was circulated on different conventional and online media platforms.
Also they had mobilized to hit the streets in regards to the false allegations they had earlier raised against the DG and Obasa, the Chief of Staff scheduled for this week Friday 5th December at the BPP headquarters in Abuja and the National Assembly.
The CSOs had their leaders signed the statement include: Comrade Ibrahim Bello – National Coordinator, Centre for Fiscal Transparency and Public Integrity (CFTPI); Hajiya Fatima Sani – Executive Director, Citizens Watch for Good Governance (CWGG); Barr. Chukwudi Eze – Chairman, Accountability and Democratic Values Initiative (ADVI); Dr. Mrs. Ngozi Okeke – President, Nigerian Coalition Against Corruption and Waste (NCACW); Pastor Emmanuel Adebayo – General Secretary, Voice of Conscience Foundation (VOCF); Mr. Tunde Ogunleye – National Convener, Integrity Monitors Network (IMN); Ms. Chioma Nwosu – Chairperson, Patriots for Transparent Procurement (PTP); Comrade Aisha Yusuf – National Secretary, Civil Liberties and Anti-Corruption Movement (CLACOM).
Others are, Engr. Musa Abdullahi – Director of Programmes, Due Process Advocacy Network (DPAN); Prof. Grace Adeyemi – Board Chair, National Alliance for Ethical Leadership (NAEL); Mr. Segun Olawale – Spokesperson, Citizens Coalition for Open Governance (CCOG); Barr. (Mrs.) Funmi Adewole – Legal Adviser, Justice and Accountability Project (JAP); Alhaji Usman Danladi – Northern Coordinator, Nigerian Integrity and Development Forum (NIDF); Rev. Fr. Joseph Okon – South-South Zonal Chairman, Public Funds Protection Movement (PFPM); Ms. Bolanle Adeoti – Women Leader, Transparency and Responsibility Advocates (TRA); Elder Peter Okonkwo – South-East Coordinator, Good Governance Monitors Assembly (GGMA); and Mallam Bello Yakubu – North-West Chairman, Anti-Corruption Crusaders Network (ACCN).
The statement reads in part, “Today, the leadership of the Coalition of Civil Society Organizations (CCSO) – a platform of over seventeen (17) registered and reputable civil society groups across Nigeria – addresses the nation on a matter of principle, accountability, and national interest.
“In the past week, allegations of financial impropriety, abuse of office, and monetization of Certificates of No Objection were levelled against the Director General of the Bureau of Public Procurement (BPP), Dr. Adebowale Adedokun, and the Chief of Staff, Mr. Olanrewaju Obasa. Some member organizations of CCSO, acting on reports circulating in the media and online, issued statements and began mobilizing for a national rally scheduled for Friday, 5th December 2025, at the BPP headquarters and the National Assembly.
“Following an emergency joint meeting of all seventeen member organizations, a thorough review of official records, and direct engagement with verifiable evidence provided by the Bureau, we have reached a unanimous resolution that the allegations are entirely false, baseless, and deliberately fabricated by interests opposed to the far-reaching reforms currently underway at the BPP.
“On behalf of the entire Coalition and its over seventeen member organizations, we hereby: “Unreservedly withdraw every statement, press release, social media post, or public comment issued by CCSO or any of its affiliates that implicated Dr. Adebowale Adedokun and Mr. Olanrewaju Obasa in any wrongdoing.
“Tender an unreserved and sincere public apology to: Dr. Adebowale Adedokun, Director General of the Bureau of Public Procurement; Mr. Olanrewaju Obasa, Chief of Staff; The management and staff of the BPP;
“The Honourable Minister of Finance and Coordinating Minister of the Economy; and the Federal Government of Nigeria for the distress, embarrassment, and reputational harm caused by our earlier position.”
Meanwhile, they also unanimously passed vote of confidence on the leadership of DG BPP, Dr Adedokun.
“We pass a unanimous and resounding vote of confidence in the leadership of Dr. Adebowale Adedokun. Under his stewardship, the BPP has recorded historic achievements that deserve national commendation, including:
“Blocking financial leakages through rigorous due process enforcement; Establishing the Price Intelligence Unit, Procurement Surveillance and Audit Unit, and Monitoring and Evaluation Unit; Championing the Nigeria First Policy and Affirmative Procurement;
“Deepening participation of women, youth, and Small and Medium Enterprises in federal contracts; Advancing a contractor classification and rating system set for full rollout by January 2026 – a game-changer that will end the era of awarding multibillion-naira projects to incompetent contractors.”
Also they “Officially and irrevocably cancel the planned rally of Friday, 5th December 2025. All state chapters, zonal coordinators, and partner networks are directed to stand down immediately.
“The CCSO remains irrevocably committed to the fight against corruption wherever it exists. But we are equally committed to truth, fairness, and justice. When evidence shows that a public official is not the problem but part of the solution, it is our duty to acknowledge it publicly and without hesitation. That is what we have done today.
“We urge the media, online platforms, and all Nigerians who helped amplify the false narrative to demonstrate the same courage by retracting their reports and issuing corrections.
“We commend Dr. Adebowale Adedokun and the BPP for their transparency and willingness to be held accountable – qualities that true reformers embody.”
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