South West govs dissolve O’DUA board


Governors of South Western state resolved to dissolve the Board of Directors of O’DUA Investment Limited with immediate effect.

In addition, the governors equally took further steps to jointly, tackle the COVID-19 pandemic.

In a statement personally signed by the Governor Oluwarotimi Akeredolu of Ondo State, who is also the Chairman of the South West Governors’ Forum, the Group Managing Director was mandated  to take charge of the business venture bequeathed to the States by the old Western Region.

According to the statement, “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.”

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