No Going Back On Privatisation Of Public Enterprises In Benue – Ortom

Posted by African Examiner Featured, Latest Headlines, News Across Nigeria, News From The State Wednesday, August 18th, 2021

(AFRICAN EXAMINER) – Gov. Samuel Ortom of Benue says that his administration would not back down on the ongoing privatisation of some moribund government enterprises, in spite of criticisms in some quarters.

Ortom told newsmen on Wednesday in Makurdi that negative narratives being churned out on the exercise were the handiwork of those he called detractors from the opposition political parties.

The governor said the exercise was backed by the law enacted by the state government in 2010, long before he became governor.

He said that the law listed such moribund companies either for outright sale, commercialisation or concession, depending on the offer being made on them.

Ortom, who said that he had no interest in acquiring any of the listed enterprises, assured that the committee handling the exercise would be transparent in its dealings in order to give the people of the state a fair deal.

He fingered All Progressives Congress (APC) as being behind the negative narratives “because of their anger over the massive decamping from their party to the PDP.”

The governor, however, said that no amount of blackmail or intimidation would deter him from carrying out the exercise to its conclusion.

According to him, all over the world, economies are private- sector driven.

He also disclosed that town hall meetings would be held with stakeholders on the framework for the exercise, while grey arrears would be sorted out.

African Examiner reports the state government had announced the privatisation of 25 enterprises, calling for bids for their outright sale, commercialization or concession.