NPA appoints Ajayi GM Agura Hotel after takeover

Chief Michael Kayode Ajayi

The immediate past General Manager, Public Affairs, Nigerian Ports Authority (NPA), Chief Michael Kayode Ajayi has been appointed as the interim General Manager, Agura Hotels, Abuja.
The appointment came after NPA finally took over the ownership of the hotel after a legal judgement was given in its favour against Fasel Services Limited, Omeire Pharmaceutical Manufacturing Industry Limited, Chief M.O. Kanu and Daniel Kanu.
The development was contained in a press release issued by NPA and a copy was made available to PortNews in Lagos, Nigeria.
It would be recalled that in the year 2003, an Abuja Federal High Court upheld the NPA as the majority shareholders of Fasel Services Limited, a judgement which was registered with the Corporate Affairs Commission in 2017.
Arising from a board meeting of the hotel held on the 20th September 2017, the NPA Management stated it has assumed full control of the establishment with its Managing Director, Hadiza Bala Usman as Chairman while Chief Michael Kayode Ajayi was appointed as the interim General Manager of the hotel.
The new Board of the Hotel pointed out that an approved forensic audit of the Hotel be carried out immediately while the head of finance of the Hotel steps down handing over all relevant financial instruments of the company to the newly appointed General Manager.
In addition, the Board directed that all bank accounts hitherto operated be frozen while new accounts be opened to enable swift and continuous operation of the Hotel.

Be the first to comment

Leave a Reply

Your email address will not be published.