Northern Governors Begin Process To Revive New Nigeria Development Company

Borno State governor, Prof. Babagana Umara Zulum, has declared that his colleagues successful the Northern Governors’ Forum are determined to reposition the New Nigeria Development Company Limited (NNDC) to a viable level of determination economical growth.

Governor Zulum chairs the implementation committee for the revitalisation of the company, which has governors of Kwara, Zamfara and Plateau arsenic members.

The NNDC, which is present moribund, volition beryllium repositioned to go a starring improvement concern institution, driving the commercialized and concern maturation of the 19 bluish states done strategical investments and a diversified portfolio,” helium said.

At past Monday’s inaugural gathering of the committee astatine the bureau of the caput to the  Kaduna State authorities (SSG) successful Kaduna, the politician thanked the Northern Governors’ Forum for appointing an implementation sheet for the restructuring of the NDDC.

He recalled that successful 2018, the forum constituted a method committee that submitted its study connected restructuring the company.

“Let maine archetypal and foremost commend the Northern Governors’ Forum for appointing this precise important committee to spot that NNDC is backmost connected stream.

“This committee, nether my leadership, was acceptable up based connected that study of the method committee to guarantee creaseless execution successful enactment with planetary champion practices, helium added.

Governor Zulum assured some the absorption and unit of the institution that the committee would enactment tirelessly to reconstruct the NNDC to its afloat potential, stressing that “NNDC remains the strongest economical bequest uniting the 19 bluish states symbolised by its iconic 10-storey office gathering successful Kaduna, which indispensable beryllium preserved.”

He further pledged that the committee would tackle the company’s organization challenges and code unit welfare. To this end, a feedback mechanics volition beryllium acceptable up to incorporated unit input successful the restructuring process.

The gathering was attended by the lawman governors of Zamfara, Mani Malam Mummuni; Kwara’s Kayode Alabi and Plateau State’s Josephine Piyo; the SSG of Adamawa state; and the acting main of unit to the Borno State governor, Dr Babagana Mustapha Mallumbe.

Others were the radical managing manager (GMD) and main enforcement serviceman (CEO) of the company, Shehu Usman Mai-Bornu, enforcement director, Management Services Directorate (MSD) Abdulkareem Mohammed Sani and the enforcement director, Investment Supervision Directorate, Khalil Alhassan Hamzat.