Issuu on Google+

THE GUARDIAN, Tuesday. May24,2011


Jonathan tasl<s BPE on. effective privatisation . lA10RRIED by the poo r VV performa nce of many privatised companies, Pres ident Good lu ck Jonathan h as directed the Bureau of Public Enterpr ises (BP E) to ensure competen ce, ca pability and capacity in a ll priva tisation d ecisions. Briefing State House correspondents in Abuja on Friday, the Specia l Adv ise r o n Media a nd Publicity to the Pres ide n t, Mr. Ima Niboro, said the pres ident co nsidered privatisa tion as a laudable ini t iative of t h e gove rnm ent aimed at growing the economy. He said the president was _


disturbed because ·m any of the p ri vatised compa ni es were not doing well. " In fact, ma ny of th em don't see m to ha ve fared better in private hands than th ey did whe n t h ey were in govern m en t ha nds "Apart from one or two, may be . the Eleme Petrochemicals, others have not don e very well, and the ques tio n is why," he asked. " What guided the in vestment decis ions about th ese companies? " It wou ld ap pear like I sa id , t hat th ere we re co nsiderations othe r than competence a nd capacity in the

final investme nt decis io ns that we re taken," Niboro added. He said the President had directed that 1'0 other considerations like politics and in Ouen ces should be adm itted in privati sa tion deci, sions. " The president is going to be fir m on these dec isions; he is go ing to be strict a nd is &,oing to monito r it directly, Niboro sa id. On the privatised co mpani es t hat were not doing we ll, Niboro sa id the govern m en t would design a mechanism to ass ist them to perform better.


Delta cooperatives to access NIb agric loan ORE than farmers' t he coopera tives is n ot eno ugh for the state." M coo perative soc ieti es in th e loan is o nl y given to Ochonogor n oted t h at Delta have been approved to a nd not indi- the majo r cha llenge to agribec~use


cooper~t ives

access the NI billi on agriculture loan provided by the Federa l Gove rnm ent. Mr. Jonatha n Ochon ogo r, the permanent secretary, state Ministry of Agric ulture and Natural Resources, disclosed th is in an interview w ith the News Age ncy of Nigeria (NAN) in Asa ba on Sun day. Ochon ogo r sa id that t he state government had co ncluded arrangements o n the release of t he mo n ey. He added that the state had sa tisfied a ll the co nditi o ns for accessi ng the loan. He said: " We na ve come to t he final stage in the


wa nted an a uthentic list of

vidua l farmers. " That list has been s ubmitted to Ze ni th Bank and it co ntains m ore tnan 200 coopera ti ves in the state th at have been approved for the loa n. We are now waiting for the bank to re lease the fund ." The perm anent secretary said that t he state received more t han 8,000 ap plications fo r the loan, adding that eac h of the cooperative

societies requested for an average o f NIO million loan . Explaini ng further, he said: " Ag ricu lture is capital intensive a nd for any meaningful th ing to be done, the inves tment ha s to be rea· so nab le and fortha t reason I w ill say that eve n Nl billion

cu lt ural development in t h e country was t he lac k o f machines du e to poo r in vest ment a nd limited resources. rding to him, most farmers can n ot affo rd t h e machi nes that can open up large expanse of land and cultivate it for huge farming activities. He suggested imp rove d agr icu lt ural credit to enco urage more people to go into l arge-sca le produc, tio n. He expressed optimism that ag ri cu lture wo uld atta in greate r h eights in the country du e to the Federa l Gove rn ment's efforts to boost productivity in th e sector.

In Partnership with



• • • • • • • • •

College of Agricultural Scjenres CQllege QfBusiness Cdllegeof Education College of-Engineering Cdllege of Forestry College of Health & Human Sciences College of Liberal Ar1s College of Sciences Unlversi\¥ Hono,? Cdllege

College of BUsiness : • Accourtting , . • AgriolJltural Business Management • Entrepreneurship/Small BUsiness Management • Finance ' College of Engineering: ' . Chemii:;81 Engineering • Computer'Science • Electrical Errgineering ; Manufaclilring Engineering College of Arts and Social Sciences: • Graphic Design International Studies

In Affiliation with


9 collegeslschools within the UniversitY offe,r .Undergraduate ~rograms

• Art

(Established by the Fed . Govt. Decree No. 1 Of 1990)


, , 200 + Undergraduate degree 'programs'!

• Psychology

Panama CIII, Panama. Cenual Amerfca


Announces Double Certifications for:

Meet the INTO OSU Representative aUhe BC.I.Efair: Lagos: Tuesday 31st May 2011 Eko hotel and Suites, Victoria island 11.00am - 5.00pm . Lecture s Days: & Sunday only. Applicalion-N5.000 & Course Fe.,NI5.000 Leclure Venues: Ahuja. Port Harcourt & Lagos Installments payment is 50%, 30% and 20% Fees: Covers Exams, Course Materiats & Lectures. I 2011.

AbuJa: Friday 3rd June 201.1. Sheraton Hotels'and Towers,Ladl Kwall hall 11.~Oam - S.OOpm -

• B.Sc in Stores Control Managem ent • B.Sc in Purchasing &. Supply Manageme nt • B.Se in Bu siness Adm inistration & Mg t .. B.Se in LogIstics and Supply Management • MBA in Warehousing and Materials Mgt • MBA Logistics &. Supply Chain Management

Kano: Monday ~th June 201.1. tahir Guest Palace 1.0.00am - 6.00pm

1@!®.kil',rmU1anl-ttfjjDownloadApplicationForm via, www.cism· into the College Alc at Zenith Bank, Ale No: 6111 207246 in faVOUr of College of Supply Chain Mgt.

ImlgU®jt."fi,M=r4ffilHt¥i,t. •• ,§.t.J;mmma31tmtm1d Exams I & issued B.Se i Prof. Exam s I

CIWM Exams are structure into Foundation, Intermediate. Professional of Prof. Coast University , will

ttie completion of o'ur


MTN, Airlel, G!obacorn, Starooms, SKG Pharma, Guiness, Maersk, Air Nigeria, Nige1"...~ lJIw School, Side! Bel'erages, Gleal Brands, OkOlTl'J Oil, COTECNA Free/ill Po.>yIcchnic: lelah, SheI, l afarge, Federal PoIy1echnic Nekede, OURl Prima Foods, Sons Breweries, PowesCap. Oansa, Dangcll!. lagos Busines.'1 School, Friesland. AOP IcgisOCs. PZ CUSSOllS, UAC Foods, MDS lcgis['CS, Redeeme(s Uni"~er!,lty, LASU, Bank PHB, (keamc Sank, Seven·Up, NBC, Ek~e Oili Chokw"J, Sweet Sensalicn, Flour ~m" Aero ContraC'!OI", Nigeria Police, Nigeria Army, Marna Cass. Nigeria AyjOltio" Handling Coy., PHCN, Design OptiOn!, CHllld., Che,,-roo, Nestle, U!lileV6!, C:uf::l'Jry, 8ayero Un~l$ity. Ak\va lborn SIal9 Uni-.-ersily 01 Obasanjo HckIi!lg, Finback, GSK, NASCON PIc. Slarodard Chartered Bank, Daymr Chris!ian Centra, Fast Forward Sports, De·UIli!ed Foods, SWAP Teen., Sea Trud:s Group. etc.


For further enquiries please c<ontact: BCtE, VICTORIA tSLAND BRANCH: 146·lmmam.Abibu AdetoroStr., 'Off Ajose Adeogun . by Sinerl DaraniJo; Victoria ~sland Annexe, lagos. Tel! O:l-8990891.. Mobil.: ,0706 09~ 0343 .. .Email: BCtE, ABUJA BRANCH: No. 248 Djibouti Crescent. off Freetown Street, Oppos~e Big Bites, Wuse 2. Abo). Tel: 09-461172B. Mobile: 0703 613 3394.