Gov. Ugwuanyi moves to revamp state-owned ailing industries … reconstitutes bodies on privatization and commercialization; Investment Summit on the way
Governor Ifeanyi Ugwuanyi of Enugu State has advanced the move of his administration to reinvigorate the economy of the state and boost her revenue base when he reconstituted two separate bodies on privatization and commercialization to revitalize the state-owned ailing industries.
Reconstituted are the Enugu State Council on Commercialization and Privatization and the Enugu State Technical Committee on Privatization and Commercialization headed by the State Deputy Governor, Mrs. Cecilia Ezeilo and a seasoned investment banker, Mr. Ikechi Chioke, respectively.
Governor Ugwuanyi while inaugurating the bodies at the Government House, Enugu, charged the members to swing into action immediately and effectively spearhead the drive for credible and suitable investors to turn around the fortunes of the affected enterprises and companies for its inherent economic benefits to the state.
He noted that the council and the committee have a vital role to play in the economic revival and the stability of the state in this moment of economic hardship.
Governor Ugwuanyi added that it is expected of both bodies to give fresh impetus to the current efforts by the government to attract direct foreign and local investments to the state as part of its commitment to turn the state into a major hub for economic activities in the country.
The Governor revealed that both bodies are expected to play a key role in the fourth coming international investment summit scheduled to hold in Enugu from 12th to 15th April 2016 to showcase the numerous potentials of the state to investors around the world.
He therefore charged members of both bodies to deploy their integrity, experience and competences unreservedly towards the successful accomplishment of their set objectives
Responding on behalf of members of the bodies, the Deputy Governor, Mrs. Ezeilo thanked the Governor for finding them worthy to serve in that capacity and assured him of their commitment to ensure that the set objectives of the council and committee were actualized.
