Halt the rot in South-east legacy industries
The insecurity that has held the South-east region of the country nearly comatose in the recent past may not have abated, but it is not the region’s only challenge.
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The insecurity that has held the South-east region of the country nearly comatose in the recent past may not have abated, but it is not the region’s only challenge.
Reckless abandonment of legacy companies of yesteryears may have worsened the general high unemployment rate and dwindling revenue in the five Southeast states.
Thirty-three Enugu State-owned companies and schools are in breach of mandatory constitutional provisions to submit their audited annual accounts to the state auditor-general. Some firms have failed to comply with the provisions of the law from as far back as 1991, according to the 2020 Enugu State Audit Report.