Kwara state governor AbdulRahman AbdulRazaq Wednesday dissolved the board 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 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 LTD; Kwara State Cashew Nut Processing Company LTD; Kwara State Tourism Kitchen Company LTD; Kwara Waste Management LTD; 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.