ENUGU STATE GOVERNMENT TO REVAMP THE NIGER GAS COMPANY LIMITED
The Enugu State Government says it will revamp the state-owned Nigergas Company Limited, Emene as a way of boosting the economy of the state.
The State Commissioner for Information and Communication, Aka Eze Aka who briefed journalists at the end of the State Executive Council Meeting in Enugu said the decision to revive the comatose company was based on a rigorous assessment of many commercial proposals and models presented to the state government.
Aka stated that the present administration was poised to revive all government-owned moribund industries in order to expand the wealth base of the state and grow its economy.
The Managing Director and Chief Executive Officer of the Enugu State Investment Development Authority, Dr. Sam Ogbu-Nwobodo said the state government plans to partner with a reliable private player with proven integrity and track record to revamp the Nigergas and take advantage of huge inherent opportunities in the sector.
He said the successful completion of the project would provide the much-needed medical oxygen and industrial gas for the South East and the entire country because of the huge supply gap of gas in the country.
Other moribund state-owned enterprises billed for rehabilitation by the Enugu State Government include the Niger Steel Ltd., Sunrise Flour Mills both in Emene and the Aluminum Smelting Company at Ohebe Dim in Igbo Etiti Local Government Area.
