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Friday, August 27 2004

Vol 17 No.30

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  • New Page 3

    Privatisation: Obasanjo decries waning interest of Ndigbo

    NKIRU OKEKE, Enugu

    PRESIDENT Olusegun Obasanjo is worried over reports of apparent lack of interest by Ndigbo in the privatisa-tion programme.

    President Obasanjo spoke yesterday at the South-East zonal consultative forum on privatisation, held at Nike Lake Hotel, Enugu.

    The event attracted Igbo heavyweights including former Vice President, Dr. Alex Ekwueme.

    In a goodwill message read out by his Special Assistant on Bureau of Public Enterprises (BPE), Rev. Sunday Onuoha, President Obasanjo lamented that the South-East which was noted for entrepreneurship, inventiveness and commercial ingenuity, was regrettably trailing behind other zones in the country in the privatisation programme.

    "While it gladdens my heart that Nigerians have embraced the cardinal objectives of government in instituting policy changes as well as structural and institutional reforms, it has been my honest hope and desire to ensure the total mobilisation of all Nigerians for effective participation in the implementation process," he said.

    "This forum is a clear indication of our determination to encourage and elicit your support and persuade you to buy into the reform agenda through active participation in the privatisation programme," Obasanjo added.

    The President urged participants to contribute meaningfully to the deliberations, and also assist government in identifying all the constraints which had hindered the full involvement and participation of the South East in the privatisation programme.

    In his address, President General of Apex Igbo socio-cultural organisation, Ohanaeze, Prof. Joe Irukwu (SAN) said the forum would sensitise the zone on the importance of active participation in the privatisation programme.

    Prof. Irukwu, who was also the chairman of the event’s morning session, noted that it was unfortunate that the South-East has not taken adequate steps to benefit from the proceeds of the privatisation.

    "If this workshop was held earlier, maybe people would have responded to the privatisation exercise.

    Ohanaeze is determined to make sure that the interest of every Igbo man is protected," he said.

    Minister for Information and National Orientation, Chief Chukwuemeka Chikelu on his part, noted that "the public enterprises were huge drain pipes on the country’s economy," and justified privatisation as a veritable option to resuscitate them.

    Chikelu, who was represented by Dr. Okey Ikechukwu, said government embarked on privatisation as the only available means to revive, re-energize and reinvigorate the economy.

    "No nation can attain and sustain meaningful development under the scourge of corruption. Our public enterprises are known for poor performance because of hydra-headed monster called corruption.

    "To curb corruption in public enterprises, the best way is to transfer our public enterprises to the private sector for better management and efficient utilisation of resources," he said.

    President of Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), Chief Gabriel Akachukwu, who also spoke, called on the South-East state government to buy shares and bond on behalf of their people.

    Said he: "I am aware that some of the state governments in other parts of the country have done such for her people. Investment in shares of companies are worthwhile ventures."

    Those who attended the event were business mogul and member, Peoples Democratic Party (PDP) Board of Trustees, Chief Emmanuel Iwuanyanwu; former Health Minister, Dr. Tim Menakaya, eminent jurist, Justice Chukwudifu Oputa; former Health Minister, Prof. Alphonsus B. Nwosu; Obi of Onitsha, Igwe Nnaemeka Achebe; Chairman of South-East Traditional Rulers Council, Eze Ezo Ukandu.

    Acting Governor of Enugu State, Chief Okechukwu Itanyi was also there while Anambra State Gov. Chris Ngige, represented by the Commissioner for Commerce and Industry, Mr. K.A. Arinze, also attended.

    Others are immediate past President-General of Ohanaeze Ndigbo, Justice Eze Ozobu; Governor Orji Uzor Kalu of Abia, secretary to the state government, Prof. Chibuzor Ogbuagu; secretary to Anambra State Government, Chief Alex Chukwurah.

    In his welcome address earlier on, Acting Governor of Enugu State, Chief Itanyi, had advised Ndigbo not to marginalise themselves, adding that they should participate in the sharing of the "national cake."

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