Kwara State Governor AbdulRahman AbdulRazaq on Wednesday dissolved the boards of directors of all the state-owned companies.
He also directed that the operation of their bank accounts be “suspended until further notice,” according to a statement by the Permanent Secretary, General Services, Adegboyega Mobolaji Odetokun, on behalf of the Secretary to the State Government, Mamman Sabba Jibril.
The affected companies whose boards were dissolved include Kwara Hotels Limited; Harmony Holding Limited (HHL); Harmony Securities Limited; HHL Investment and Trust Limited; HHL Investment and Property Development Company LTD; HHL Insurance Brokers LTD; Harmony Courier and Logistics LTD; Harmony Transport Services LTD; Harmony Ventures and Supplies LTD; and Harmony Facility Management Services LTD.
Others are Harmony Advanced Diagnostic Centre LTD; Kwara Football Academy; Ilorin Cargo Terminal Company LTD; Patigi Regatta Motel Limited; Kwara State Cashew Nut Processing Company Limited; Kwara State Tourism Kitchen Company Limited; Kwara Waste Management Limited; and the International Aviation College.
“The Managing Director of each company is hereby directed to immediately hand over to the most senior management staff of the company,” the statement added.