Abuja Investment Company’s Board Dissolved

The FCT Minister,  Sen. Bala Mohammed, has approved the dissolution of the board of the Abuja Investment Company Ltd. (AICL).

  This was contained in a statement issued by Alhaji Muhammad Sule, the Chief Press Secretary to the minister and made available to newsmen  on Tuesday in Abuja.

The statement noted that the decision was reached at the end of FCT’s executive council meeting.

It added that the company would be re-positioned for better performance.

Mohammed was quoted as noting that the Group Managing Director/Chief Executive Officer of the Company, Mr Abdu Muktar, was not affected by the dissolution.

It quoted the minister as saying that a new board would immediately be re-constituted to continue with the onerous task of wooing investors to the territory.

Mohammed, therefore, directed that letters of appreciation be written to all the outgoing board members and thank them for their contributions and sacrifices to the Abuja project,

The 11-member dissolved board was chaired by Mr Hakeem Bello-Osagie.