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The Managing Director of Federal Superphosphate Fertilizer Company (FSFC) Limited, Kaduna, Engineer Abdullahi M. Kanti, has declared that privatization presents the best chance for the survival of Nigeria's ailing public enterprises.
ZAMTEL managing director, Mukela Muyunda has said partial privatisation will be essential for the revival of the company.
For over a decade, the Nigeria Cement Company, NIGERCEM, once the pride of the people of the south east, has been left in ruins. All efforts aimed at reactivating it, including privatisation by the five south east states in 2002 did not work. Instead, the company is enmeshed in controversy as Ebonyi State Government and the core investor, Eastern Bulkcem Company are battling for the soul of the ...
Financial bid opening held yesterday in the Federal Government's attempt to sell its 100 per cent stake in Skypower Aviation Handling Company (SAHCOL), was inconclusive.
The organised labour has warned that the ongoing rallies and protests in some state capitals would escalate into full blown strike should the Federal Government pay deaf ears to workers' demands on to stop deregulation.
The Burundi government has launched a comprehensive programme to privatize its coffee sector, the country's biggest export and employer, according to a report.
Markets are stubborn and free markets, if not tampered with, are self correcting. These have been the central dictum of capitalist societies over the past two centuries. An individual or a corporate entity's ability to corner the normal functioning of the market is only temporary.
Members of Parliament of the ruling Botswana Democratic Party on Friday rejected a motion tabled by MP for Gaborone South, Akanyang Magama, requesting government to halt the privatisation of public enterprises.
The government on Monday announced the start of the process for the privatisation of Consolidated Bank of Kenya.
The town council here is in the process of privatising three of its day care centres remaining with only one, Mayor Amogelng Mojuta, says.
The increasing number of success stories of privatised firms has continued to justify the exercise, which began in Nigeria in1988. The Aluminium Smelter Company of Nigeria (ALSCON) in Akwa Ibom State was dead or almost dead. ALSCON produced its first metal in 1997, but was never fully completed before it suspended production in 1999.
Efforts to increase domestic revenue and reduce dependency on foreign donors and the allocation of substantial resources to education and health are among the aspects of the new budget welcomed by the Tanzania Gender Networking Programme's (TGNP) budget analysis task team. Critical of plans to privatise water and the government's prioritisation of large-scale producers over peasant and ...
Chancellor of Covenant University, Ota, Ogun State, Dr. David Oyedepo, has urged the Federal Government to jettison its planned privatisation of its Unity Schools.
1.1 Episteme
The government says it will benchmark on the failures of its initially botched plans to privatise Air Botswana and consult extensively while it considers privatising another public entity, the National Development Bank (NDB).
AFTER many years of indecision on whether to sell the Nigerian Railway Corporation (NRC) or not, the Federal Government yesterday decided to grant concession to the organised Private Sector (OPS) as well as allow those wishing to build their own railway system on designated routes to invest in the sector.
SEVEN years ago, the Nigerian Telecommunications Plc (NITEL) was a beautiful bride. It was courted by many suitors most of them out of lust. NITEL was the telecommunications gold mine, and many miners, most of them illegal, sought to steal its precious metal.
The Federal Govern ment on Monday in Abuja deferred the sale of NITEL and its mobile subsidiary, Mtel, preferring to raise an eight-man project team that would steer the affairs of the two companies.
