Governor Abdulrahman Abdulrazaq of Kwara State Wednesday dissolved the board of directors of all state-owned companies.
In addition, he also directed that the operations of their bank accounts be “suspended until further notice” according to a statement by the Permanent secretary, General Services, Mr Adegboyega Mobolaji Odetokun, on behalf of the Secretary to the State Government, Mamman Sabba Jibril.
The affected companies included Kwara Hotels Ltd; Harmony Holdings Ltd; Harmony Securities Ltd; Harmony Investment and Trust Ltd; 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 were Harmony Advanced Diagnostic Centre Ltd: Kwara Football Academy; Ilorin Cargo Terminal Company Ltd; Patigi Regatta Motel Ltd; Kwara State Cashew Nuts Processing Company Ltd; Kwara State Tourism Kitchen Company Ltd; Kwara State Waste Management Ltd; and the International Aviation College, Ilorin.
“The Managing Director of each company is hereby directed to immediately hand over to the most senior management staff of the companies,” the statement added.