MALIAN ARMY WITHDRAWS FROM KEY TESSALIT MILITARY CAMP. (PHOTO).

Image
 Malian army withdraws from key Tessalit military camp: sources Mali’s army and its Russian mercenary allies have surrendered Camp Tessalit, a strategic military post in the north, multiple sources told the AFP news agency on Friday. An official from the Tuareg-led separatist group claimed soldiers and mercenaries at the camp had "surrendered", following a fierce fight over the weekend. Simultaneous attacks in Mali by militants linked to Al Qaeda and separatist Tuareg rebels on April 25 showed how fighters ​from different groups with different goals were able to strike at the heart of the West African country's military government. Gunfire and explosions were reported in the capital Bamako and around a large military base outside the capital, as well as Gao and central areas, as gunfire continuing in the northern city of Kidal. Defence minister Sadio Camara was killed at his residence in Kati, a garrison town near the capital, Bamako, following the fierce weekend fighting...

PRIVATISATION OF GOVT COMPANIES A WIN-WIN MOVE FOR BENUE-TERVER AKASE.{PHOTO}.

Image may contain: 1 person, phone
The present administration in Benue State made it clear on assumption of office that government lacks the financial resources to run its industries so it would get investors for lease, concessioning and related acceptable industrial practices. This has been done with the Fertilzer Blending Plant.
The decision to privatize the said government entities became necessary when investors were not showing genuine interest in the companies. A few who came, received maximum cooperation from the Benue State Government which was willing to provide its own part of the partnership and had indeed begun to do so in Taraku Mills Ltd, Wannune Tomato/Mango Factory, Katsina-Ala Yam Flour Factory Ltd among others where revamping efforts commenced. The State Government had waited till the time given to the investors who indicated interest elapsed. None returned.
Sometimes, the fear we show towards new policies soon gives way to belief and conviction. Privatisation is not a bad government policy. The fact that a company in Benue is sold to a private owner does not mean it is to be lifted to Sokoto or Kano. All the companies put on sale will remain located in Benue State after their sale. The investors will revive the companies and employ our youths. Imagine all these industries back on stream in the state. Imagine the number of young graduates that would get jobs.
Privatization leads to improved efficiency in service delivery. Privately-owned companies improve their operations in order to reduce costs and increase profits.
Privatization reduces government’s political interference.
Privatization urges improvement in companies through competition. When a state owned entity is privatized, it loses its government protection and is forced to adapt to the market by providing better services or products in order to survive and thrive.
The proposed privatisation of government companies in Benue State is a policy in the right direction which deserves the support of all. It is a win-win development.
Image may contain: 1 person, phone

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).