Gov. Bala Mohammed strikes to privatise extra Bauchi-owned corporations

Sunday, August 28, 2022

A composite of Yankari and Governor Bala Mohammed

A composite of Yankari and Governor Bala Mohammed

The Bauchi authorities says its choice to privatise six state-owned moribund industries will probably be within the individuals’s finest curiosity, revealing that Governor Bala Mohammed would privatise extra corporations belonging to the state.

Mr Ibrahim Kashim, secretary to the state authorities (SSG), acknowledged this at a information convention in Bauchi on Saturday.

Mr Kashim was reacting to criticism by the All Progressives Congress (APC), asking the Bauchi authorities to shelve the proposed leasing of the businesses or face authorized motion.

The federal government on Tuesday introduced the leasing of Zaranda Resort and Wikki Resort at N1.2 billion and N200 million, respectively, for 25 years. The federal government deliberate to lease Bauchi Fertiliser and Mixing Plant at N400 million, Bauchi Meat Manufacturing unit at N301 million, Bauchi Furnishings Firm at N150 million and Galambi Cattle Ranch at N150 million.

Nevertheless, the APC chairman in Bauchi, Babayo Aliyu, mentioned kicked in opposition to Governor Bala Mohammed’s transfer to lease the state-owned entities, giving his administration a two-week ultimatum to rescind its choice or face authorized motion.

Nevertheless, Mr Ibrahim mentioned the leasing of the businesses was a part of a realistic strategy by Mr Mohammed’s administration to resuscitate the moribund corporations to renew operations. He mentioned the Bauchi authorities deliberate to privatise extra government-owned entities.

“Yankari Sport Reserve is a type of industries. Yankari is unquestionably one of many areas of concern. We’re eager about Yankari as a result of Bauchi state is meant to be a ‘Pearl of Tourism’, and we wish to maximise our capability,” Mr Ibrahim defined. 

(NAN)

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