Does privatisation serve public interests? (2) vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
FUTA
To promote sustainable development and utilisation of bamboo resources for plywood production in Nigeria, the Raw Material Research and Development Council (RMRDC) has collaborated with experts at the University of Ibadan (UI) and the Federal University of Technology, Akure (FUTA), to carry out a survey on bamboo resources of Nigeria.
The study indicated that bamboo is growing in 23 states of the federation, and only one company is producing wall and floor tiles made of bamboo in Nigeria.
As a result, investment opportunities exist in ply bamboo production and plywood production. Director-General of the council, Prof. H.D. Ibrahim, said a number of private investors had shown interest in the establishment of bamboo plantations in the country, and that the council was working with them to make it a reality.
Does Privatisation Serve the Public Interest?, By Eric Teniola
The privatisation programme was just an opportunity by government to allow very few individuals to buy our common wealth at give away prices. Some of these companies privatised were established through loans procured by the central government on behalf of the people of Nigeria, and it is the people of Nigeria who will have to repay the loans. Of what benefit has this privatisation programme been to the people of Nigeria and what impact?
Between 1988 and 1993, Alhaji Hamzat Rafindandi Zayyad (1937-2002) dominated the headlines in this country. He was in the news not because he was the first chartered accountant from the old northern Nigeria. He became an accountant in 1963. He was in the news not because he was a mentor and godfather to many public officers, especially from northern states, including the current governor of Kaduna State, Mallam Nasir El-Rufai, a surveyor, who has been elected twice now.
By Kingsley Nwezeh
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a former Director-General of the Bureau for Public Enterprises (BPE), Benjamin Ezra Dikki, before Justice Yusuf Halilu of the Federal Capital Territory (FCT) High Court in Abuja on four counts of alleged corruption and abuse of office.
A statement issued by EFCC said Dikki, who was docked alongside his company, Kebna Studios and Communications Limited, allegedly received about a billion naira as gratification from Bestworth Insurance Brokers for his role in facilitating the approval of outstanding insurance premiums and claims of deceased and incapacitated staff of Power Holding Company of Nigeria (PHCN).