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Kwara Govt Denies Corruption at Harmony Holdings Ltd

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By Dipo Olowookere

The Kwara State Government has denied social media claims purportedly attributed to the former Managing Director of Harmony Holdings Limited, (HHL), Dr Shehu Kuranga Mohammed, alleging corrupt practices concerning state government properties managed by the company.

In a statement, the state government said the claims of corruption at HHL involving management of state-owned property are creations of the fertile imagination of its authors.

It also absolved Governor Abdulfatah Ahmed and the Senate President, Dr Bukola Saraki of any involvement in the planned lease of a prime state-owned property located in Lagos or in any illegal transaction involving other state-owned assets.

Rather, the government maintained that transactions relating to the proposed lease followed due process and involved relevant state agencies.

The statement also denied the claim that Dr Mohammed resigned due to pressures from Government House to engage a particular company to manage the Victoria Island, Lagos property and to financially disadvantage the state in favour of a private company or individuals.

Instead, the government said Dr Mohammed was asked to review the companies shortlisted for managing the property, recommend one or come up with an alternative company but resigned before the process was completed.

The government stressed that Dr Mohammed was personally head-hunted by Governor Abdulfatah Ahmed based on the former incumbent’s corporate finance experience and capacity and not at the request of the Ilorin Emirate Descendants Progressive Union (IEDPU) as wrongly claimed.

It, therefore, urged the public to ignore the lies about HHL and warned those bent on playing politics with government-owned entities to have a rethink and be mindful of the long-term impact on the image of Kwara State as investors may be reluctant to partner the state if the negative atmosphere of needless controversy is allowed to persist.

The full statement reads thus:
“We have become aware of a social media post alleging corrupt practices at Harmony Holdings Limited, a company fully-owned by the Kwara State Government. For the avoidance of doubt and in the interest of the people of Kwara State who are the ultimate owners of HHL and the assets it is managing, we wish to state clearly that the allegations in the said post are lies concocted in a futile bid to embarrass the administration of Governor Abdulfatah Ahmed.

To restate, Harmony Holdings Limited is a product of the administration’s quest to innovate new funding sources for government programs in the light of a fragile global economy and unstable federal allocation.

To insulate the state from these uncertainties and keep it on a firm pedestal for the benefit of its people, reforms were necessary. One of them was HHL, especially given the existence of state assets which were constituting a drain on state resources rather than augmenting them.

In the light of the vast investment and revenue potentials of these state-owned assets, it was decided to recruit for HHL only those with the capacity and pedigree to successfully attract private partners to invest funds in the dormant assets, and significantly boost the state government’s revenue.

An essential skill in this regard was previous Corporate Finance and related management experience which was deemed necessary for the task of making HHL achieve its target of N50b in annual revenues and ranking as one of the top holding companies in the country. It is also reflected in the capacity, experience and pedigree of the previous board which was headed by a Professor of Public Finance and included credentialed individuals with a strong finance, business and academic backgrounds.

It remains the government’s understanding and resolve that the task of turning these state-owned assets to revenue generating ventures can only be achieved by management manned by technocrats with the necessary capacities.

This need for a Chief Executive with relevant requisite capacity for HHL was the spirit behind Dr Mohammed’s recruitment by the state government when the previous board’s tenure expired.

His mandate was to focus not on HHL’s ongoing concerns that were already contributing revenue but on turning high value but dormant assets into income generating ventures for the government. One of the assets was a state government-owned commercial property located at Victoria Island, Lagos. Before Dr Mohammed’s appointment, the said property was the subject of litigation.

Subsequently, the property was tied up for the duration of the court case which the state government eventually won. HHL was then instructed to review a shortlist of companies bidding for the lease, to recommend one or make new recommendations. Dr Mohammed resigned before the ongoing process to choose a preferred bidder with the required competence and capacity to manage the property, which followed necessary processes and involved other state agencies, was completed.

It is therefore untrue that Governor Abdulfatah Ahmed is involved in any corrupt deals at HHL or any effort to influence the selection of any company to manage government assets.

The state government also exonerates the former state governor and Senate President, His Excellency, Dr Abubakar Bukola Saraki of any involvement in any aspect of HHL’s operations, including the management and sale of any state government asset assigned to the company or indeed any other government property.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Nigeria Confirms US Airstrikes On ISWAP Targets in Sokoto

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By Adedapo Adesanya

Nigeria’s Ministry of Foreign Affairs has confirmed that the latest United States airstrikes on Islamic State West African Province (ISWAP) targets in northwest Nigeria were conducted at the request of the Nigerian government.

According to reports, the US struck at ISWAP targets in Jabo, Sokoto State, on Christmas night.

The ministry described the operation as a product of established counterterrorism cooperation between both countries.

In a press statement issued on Friday, the Ministry said the strikes were “undertaken following formal engagement and with the full knowledge and coordination of the Government of the Federal Republic of Nigeria.”

“The Government of Nigeria wishes to clarify that the airstrikes conducted by the United States against Islamic State elements in parts of northwest Nigeria were carried out at the request of Nigerian authorities and in line with existing bilateral security cooperation frameworks,” the statement said.

The Ministry stressed that Nigeria “remains firmly in control of all counterterrorism operations within its sovereign territory,” adding that international partners only provide support “where such assistance aligns with Nigeria’s national security objectives.”

According to the statement, the strikes form part of Nigeria’s broader strategy to “degrade terrorist capabilities, disrupt logistics networks, and protect civilian populations from violent extremist threats.”

The Foreign Ministry further emphasised that the federal government “will continue to work with trusted international partners to confront terrorism, banditry, and transnational criminal networks that threaten national and regional stability.”

Reacting to concerns around sovereignty, the Ministry said:

“At no time was Nigeria’s sovereignty compromised. All actions were conducted with due respect for Nigeria’s laws, institutions, and command structures.”

The statement also cautioned against mischaracterising Nigeria’s security challenges, noting that extremist violence “has affected communities across religious and ethnic lines and should not be framed in sectarian terms.”

Nigeria reaffirmed its commitment to a multi-layered response combining military operations, intelligence sharing, community engagement, and socio-economic interventions, adding that counterterrorism efforts remain focused on protecting lives and restoring stability.

The US Africa Command (AFRICOM) said the strikes were carried out in Sokoto State and that multiple militants were killed.

US President Donald Trump described the strikes as “powerful and deadly,” saying they were directed at Islamic State militants responsible for violent attacks on Christians in Nigeria.

The Nigerian government has clearly denied that only Christians are affected by the killings, saying the terror spread across all faiths.

Meanwhile, US Defence Secretary Pete Hegseth has warned that “more to come” as part of sustained efforts against extremist groups.

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US Strikes Terrorists in Sokoto on Trump’s Directive (VIDEO)

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donald trump 47th US President

By Aduragbemi Omiyale

The United States government gave some terrorists in Nigeria a Christmas gift that sent many of them to the great beyond.

On Thursday, December 25, 2025, the United States President, Mr Donald Trump, directed his country’s military to launch air strikes on camps of members of the dreaded Islamic State in Iraq and Syria (ISIS) in Sokoto State.

According to Mr Trump, the military action, which he threatened to carry out a few weeks ago if the Nigerian government does not stop the killing of Christians in the country, occurred on Thursday night.

“Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS Terrorist Scum in Northwest Nigeria, who​ have been targeting and viciously killing, primarily, innocent Christians, at levels not seen for many years, and even Centuries!

“I have previously warned these Terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was.

“The Department of War executed numerous perfect strikes, as only the United States is capable of doing.

“Under my leadership, our country will not allow radical islamic terrorism to prosper. May God bless our military, and Merry Christmas to all, including the dead terrorists, of which there will be many more if their slaughter of Christians continues,” Mr Trump wrote on his Truth Social platform.

In a video on X, formerly known as Twitter, the Department of War of the United States posted the below video of the air strikes;

https://twitter.com/DeptofWar/status/2004351717131903272

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Gbajabiamila Remains President Tinubu’s Chief of Staff—Presidency

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femi gbajabiamila Hakeem Muri-Okunola

By Modupe Gbadeyanka

The presidency has reacted to speculations that Mr Femi Gbajabiamila has been removed as the Chief of Staff to President Bola Tinubu.

It was alleged that Mr Gbajabiamila has been replaced with the President’s Principal Private Secretary, Mr Hakeem Muri-Okunola.

Mr Muri-Okunola went to Abuja to take up this role after leaving as the Head of Service of the Lagos State Civil Service.

Reacting to the reports on social media on the purported removal of Mr Gbajabiamila, a former Speaker of the House of Representatives, the presidency said no such change has been made.

In a statement signed on Thursday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, members of the public were advised to disregard the report as “there is absolutely no truth to this story.”

“The Chief of Staff remains in his position. The Principal Private Secretary likewise remains in his role. Hakeem Muri-Okunola has not replaced Femi Gbajabiamila as Chief of Staff.

“The viral claim is a fabrication by mischievous purveyors of fake news whose sole aim is to create disharmony within the government.

“We reiterate that news media should always verify their information before publishing or sharing on social media,” the statement said.

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