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.
Aside the dissolution of the regional business conglomerate, which is with immediate effect, the governors equally took further steps to jointly tackle the COVID-19 pandemic.
In a statement personally signed by Governor Oluwarotimi Akeredolu of Ondo State, who is the Chairman, South West Governors’ Forum, the governors, however, mandated the Group Managing Director to take charge of the business venture bequeathed to the States by the old Western Region.
The statement reads, “The South West Governors at its virtual meeting held on Thursday 16th April, 2020 resolved as follows: 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 minimize 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 24th April, 2020 in their respective States.”