By Isiyaka Ismail Wunti
The Senior Special Assistant to Bauchi State Governor on Privatization and Economic Reforms, Barrister Ibrahim Ahmed Dandija has said that part of the determination of the Governor is promoting economic activities by providing a level playing ground for all relevant stakeholders including private business operators that have the capacity to facilitate speedy economic recovery of the state.
Speaking on the recent move by the State Government to privatize some of it’s own properties, Barrister Ibrahim Dandija explained that the move was aimed at resuscitating a number of ailing industries with a view to make them to be functional so as to provide more job opportunities for teaming unemployed Youth across the state.
The six public properties enlisted for the privitazation according him are, Bauchi Fertilizer Company, Bauchi Meat Factory Galambi Cattle ranch, Bauchi Furniture, Zaranda Hotel and Wikki Hotels and Tours.
Barrister Ibrahim Dandija said the ailing industries selected for the privitazation are not performing optimally as most of their working equipments are obsolete, hence the need for the state government to take urgent step to save them from total collapse.
He described the move as good strategy of economic growth and development and applauded the foresight of Governor Bala Mohammed for working towards coming up with a lot of economic reforms to advance the state’s economy.
The S.S.A expressed confidence that the privitazation in addition to other various economic reforms introduced by the present administration would no doubt facilitate restoration of the economic lost glory of the state for the benefit of all.
He further explained that, the privatization under chairmanship of the state deputy governor, Senator Baba Tela was not aimed at selling the properties, but the preferred bidders would only control seventy five percent of the facilities as hovernment also has a stake in managing them.
As for the Hotels, Barrister Dandija explained that the investors are to take charge of maintenance, staff welfare and remittance of profit to government’s treasury inline with the agreement contained in the memorandum of understanding (MoU).
According to him, even though government was convinced with the economic advantage of the arrangement, the final decision is yet to be taken as the government is examining the investors’ level of commitment and what they offered for the value stake in the proposed companies.
While calling for understanding and support from the people of the state, the S.S.A therefore assured them of the government’s determination to protect their interest in all its policies and programmes.
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