Ahmadu Umaru Fintiri has approved the dissolution of the Board and Management of the Adamawa State Investment and Property Development Company Limited as part of efforts to reposition the agency for improved performance.
The decision was disclosed in a statement issued in Yola by the Chief Press Secretary to the Governor, Humwashi Wonosikou, who said the move is aimed at strengthening institutional efficiency and enhancing service delivery.
Following the dissolution, the governor directed the Executive Secretary of the Adamawa Investment Promotion and Development Agency, Halilu Malabu, to oversee the affairs of the company pending the appointment of a new Board and Management team.
Read Also:
Tinubu Points to Past Errors in Power Sector as Blackouts Persist
According to the statement, the caretaker will exercise the functions of the Board to ensure continuity of operations during the transition period.
Governor Fintiri further directed the dissolved Board and Management to hand over all responsibilities to the interim overseer as the government moves to reconstitute the agency in line with its reform agenda.