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Cross River begins bidding process for sale of moribund publc assets

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The government of Cross River State has opened bidding for the privatisation of four state-owned industrial assets which had been moribund for years.

The move is aimed at stimulating economic rejuvenation and employment opportunities.

These assets include the Boki and Nsadop Oil Palm Estates, Fish Hatchery in Ugboro, Bekwarra Local Government Area, Durafoam Industries in Ikom Local Government Area and Ibonda Fish Hatchery in Odukpani Local Government Area.

The assets are solely owned by the state government without any liabilities, the state privatisation council has disclosed.

The technical bidding session was conducted at the Cross River Bureau of Public Procurement (BPP) office, where investors expressed satisfaction with the bidding procedures.

During the event, chairman of the Cross River State Privatisation Council, Chief Bassey Okon, underscored the council’s dedication to meticulous evaluation of bids received.

“We will carefully assess your technical expertise and capability to efficiently manage the companies to achieve the objectives of this privatisation initiative,” he said.

Okon informed that after the bid evaluation, successful bidders will be invited to inspect the companies they are interested in and subsequently submit their financial proposals.

He reassured participants that the process is designed to be transparent and strictly adhere to due process, essential for upholding trust in the privatisation exercise.

Highlighting the government’s broader vision, Okon emphasised that the state is committed to creating a conducive environment for investors.

“The privatisation is aimed to enhance operational efficiency, create employment opportunities, and boost the state’s revenue base.

“We are confident that the communities hosting these assets will benefit significantly in terms of employment and infrastructure development once the privatisation is completed,” he added.

He commended the state governor, Senator Bassey Otu, for approving the privatisation the moribund industries and noted that previous administrations had attempted but failed to accomplish its mission.

Chief Executive Officer of Sunfil Goldenroll Nigeria Limited, Mr. Sunday Ekeke commended the council for its transparency throughout the technical bidding process.

He expressed confidence in the council’s commitment to transparency throughout the bidding process.

 

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Breaking: Court of Appeal rules in favour of Turaki -led PDP candidate for Osun governorship election

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The Court of Appeal, Abuja Division, on Thursday, ruled that the Peoples Democratic Party, PDP Gubernatorial Candidate in Osun State was validly nominated by the Tanimu Turaki-led National Working Committee.

The court also ordered INEC to list the PDP logo on the ballot ahead of Saturday’s gubernatorial election.

The Court held that access code is neither a creation of the Constitution nor the Electoral Act; rather, a creation of INEC’s guidelines and cannot, in any way, override the provisions of the Constitution.

Section 288 of the Constitution does not specify the method for nominating candidates; it only states that the names of candidates should be forwarded to the Commission.

The court further held that the defendant (INEC) should take steps to include the name of the appellant on the ballot paper.

Additionally, the court ruled that the primary election conducted by the Tanimu Turaki-led National Working Committee (NWC) of the PDP was a valid primary election in law.

The three-man panel of justices—Justice Mahmud, Justice Jaro, and Justice Ankawere, was unanimous in its judgment.

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Breaking: NHRC sets up situation room to monitor and document hate speech, intimidation, threat to life ahead 2027

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The national Human Rights Commission, NHRC, has set up a situation room to monitor and document all incidences of hate speech, intimidation and threat to life by politicians and other actors ahead of the 2027 general election.

The National Human Rights Commission (NHRC) has expressed concerns over rising incidences of hate speech, intimidation and outright threat to life by highly placed individuals, especially politicians and religious leaders.

The Executive Secretary of the Commission, Chef Tony Ojukwu, SAN, revealed this on Thursday in Abuja at a press conference.

He said the situation room would enable the Commission harvest data, analysis and document persons, agencies and others involved in the negative statements in order to ensure they are properly tracked and brought to book by relevant agencies.

Ojukwu also took journalists on a tour of the newly set up situation room.

 

Details later…..

 

 

 

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Breaking: NHRC expresses concern over rising incidences of hate speech, threat to life ahead 2027 elections

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The National Human Rights Commission (NHRC) has expressed concerns over rising incidences of hate speech, intimidation and outright threat to life by highly placed individuals, especially politicians and religious leaders.

At a press conference in Abuja Thursday, the Executive Secretary of the Commission, Chef Tony Ojukwu, SAN, recalled statements credited to Senator Francis Fadahunsi and Sheikh Yahya Jingir and described the das dangerous with capacity to set the nation ablaze.

He called on politicians, religious and traditional rulers, among other stakeholders to call their supporters and faithful to orders.

He urged government to act before rhetorics turn to violence, saying the forthcoming election in Osun State should serve as example of Nigeria’s capacity to conduct political contest in compliance with international best practices.

Details later…..

 

 

 

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