Cross River set to privatise forty-six industries


By Emma Unah

Professor Ben Ayade

FORTY-six industries and companies established by Senator Ben Ayade the Cross River State governor between 2015 to 2021 have been earmarked for privatisation.

These industries include high-profile ones like the multi-billion naira Cocoa Processing Industry at Ikom, the Rice Processing Factory at Ogoja, the Cally Air Airlines, a pharmaceutical company in Calabar among others.

An aide to the Governor on Privatization, Mr John Odo, who made this known on Tuesday while inaugurating a seven-man technical committee to collate and analyse results of the referendum organised to sensitise and seek the option of the public on the privatisation exercise said, unlike previous administrations which carried out the sale of government companies and assets without seeking public opinion, the Ayade government is raising the bar by asking the people to have a say on the exercise.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts