x

Court Cases Hampering Implementation of BNSG Privatization Plan – Perm Sec

By Isaac Kertyo, Makurdi

The Permanent Secretary, Ministry of Industry and Cooperatives, Mr Steven Isah has described the multiple court cases against the Benue State Government’s planned Privatization and Commercialization of Government’s owned industries and companies by individuals and groups as a clog in the wheel of the development of the state.

The Permanent Secretary who was reacting to the recent development concerning the Implementation of the present administration’s policy on Privatization while fielding questions from Day Break in Makurdi lamented that ” the court cases are a stumbling block to the development of the state”.

Mr Isah who hinted that there is political undertone behind the scene, however expressed optimism that the planned Commercialization would continue after all the court cases were disposed of.

The Permanent Secretary continued: “Benue State Government thought it wise that rather than leave these industries and companies domant, it was better to give it to other managers considering the state’s scarce resources.

” A committee was set up to handle the activity, averring that the work of this committee is being frustrated by those who do not want the state government to go ahead with the process. ” Some people have gone to court that they don’t want what the Government is doing and they are tackling this in the court of law”.

The Permanent Secretary explained that Government is not selling its own properties as it is being speculated in some quarters, stating that they are being given out on a commercial basis where by Government will be getting its share while the business progresses as well as get tax from those that have been privatized.

He called on individuals who dragged the state government to court to sheathe their swords and have a rethink by withdrawing the said litigations to allow the process to continue for the benefit of all and sundry.

Hot this week

FCTA, Firm Sign Pact to Turn Jabi Lake into Abuja’s Recreation Hub

… Warns Land Speculators to Stop Hoarding LandBy Joyce...

Wayne Rooney Slams ‘TheUnitedStrand’ as Man Utd Fail to Win Fifth Straight Game

Wayne Rooney has taken aim at viral Manchester United...

A’Ibom Confident of April Target for Int’l Flights as VAIA Receives Boarding Bridges

By Ogenyi Ogenyi, UyoThe Government has expressed confidence that...

Uzor Arukwe Denies Allegations Linking Him to Bambam’s Marriage Rumours

Nollywood actor Uzor Arukwe has denied social media claims...

Wike’s Bold Governance , Infrastructure Renewal in FCT is Exemplary, says Gusau

By Joyce Remi- BabayejuThe former Coordinating Director, Economic and...

Excitement as Warri/Effurun Roads, Flyovers near completion

. Julius Berger works speedily ahead rainy seasonThere...

Ibom Air Partners MWAN on Cancer Awareness

By Ogenyi Ogenyi, Uyohas partnered with the (MWAN) to...

A’Ibom Confident of April Target for Int’l Flights as VAIA Receives Boarding Bridges

By Ogenyi Ogenyi, UyoThe Government has expressed confidence that...

NYA: A Platform for Young Nigerians to Defend Democracy – Youth President

By Jabiru HassanThe (NYA) has reaffirmed its commitment to...

FG Reaffirms Commitment to Interfaith Dialogue and National Unity

By Francis WilfredPresident has reaffirmed Nigeria’s commitment to interfaith...

Bayelsa Honours Over 90 Veteran Journalists with Cash Awards, Football Fiesta

More than 90 retired journalists in were celebrated for...

Related Articles

Popular Categories

spot_imgspot_img