Benue: Privatisation of government-owned enterprises in compliance with law – Ortom

Benue State Governor, Samuel Ortom has stated that 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 stated this while briefing newsmen on Wednesday 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.