Governors of the six South-West states of Ekiti, Lagos, Ogun, Ondo, Osun and Oyo have dissolved the Board of Directors of O’dua Investment Limited.
The development was announced via a statement on Friday in Akure personally signed by the Chairman of the South West Governors’ Forum and Governor of Ondo State Oluwarotimi Akeredolu.
Akeredolu directed the Group Managing Director of the company to immediately take over the management of the affairs of the company.
The statement further announced the decision of the governors to close all entry points to the states as well as compulsory wearing of face masks as part of measures tackle the COVID-19 pandemic in the region.
The statement noted: “The South West Governors at its virtual meeting held on Thursday, April 16, resolved as follows:
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“That as Owner State Governors, we dissolve the Board of Directors of ODUA Investment Limited with immediate effect.
“The Group Managing Director should take charge of the conglomerate affairs pending the constitution of a new board.
“That the entry points of our six states be closed forthwith to contain the spread of COVID-19 pandemic.
“That the state governors agreed that people involved in essential services or dealing in medicine, water and consumable items, in particular traders and market men/women, should endeavour to wear nose masks while outside plying their trade to minimise the spread of the deadly virus.
“The governors further agreed that wearing of nose masks will be made compulsory for everybody coming out of their homes effective from Friday April 24 in their respective states.”
