Ortom justifies privatization of govt enterprises, says listed companies are moribund, resources consuming

Nigerian Concord Newspaper

Benue State Governor, Samuel Ortom says the advertised sale or privatisation of government owned enterprises is in compliance with the law on Privatisation and Commercialisation of Enterprises in the State and for Purposes Connected Therewith 2010.

Governor Ortom who briefed journalists today at the Benue Peoples House Makurdi on the subject matter, following criticism from members of the opposition said all the companies listed for privatization were moribund, stressing that they were rather draining government resources through security for such facilities.

He pointed out that some of the public enterprises had not even taken off since they were established.

The Governor who advised Benue people with the financial capacity to seize the opportunity to own a company, said stakeholders meetings between the privatization council and host communities of the listed enterprises would soon be held as a further step towards completion of the process.

He explained that interested persons could put forward proposals either for outright purchase or concession as allowed by the law.

Governor Ortom stated that the criticisms of the exercise by the opposition was a deliberate ploy to divert attention from the massive defections from their ranks owing to leadership failure.

Fielding questions from journalists on the fate of Benue indigenes schooling at the University of Jos in Plateau State, Governor Ortom said his administration was closely monitoring the situation and was in touch with relevant authorities to ensure that the students were safe, adding that the State Government would not hesitate to evacuate the students.