Governor Samuel Ortom of Benue State said some public companies currently put up for sale became necessary as they were wasting away.
The government had on Monday advertised the sales of its moribund companies in a national daily but the development stirred up criticism among the people.
He noted that his reactions to the furore that trailed the planned sale of the 25 public properties became imperative to clear the erroneous impression.
The governor said that the step taken by his government to sell the property was however in line with the state’s privatisation law established in 2010.
He added that most of the companies put up for sale have not worked for a day, saying only two: the fertilizer plant and plastic industry that were concessioned had been operational.
Source: Dailytrust
