Governor Nwifuru Approves Privatization Of State Owned Media Outfits, EBBC
Ebonyi State government has approved the ceding off of the the State-owned Radio and Television Stations, the EBBC, to become an independent outfit.
This was contained in a release made available to newsmen by the state commissioner for information and state orientation Jude Okpo after the state executive council meeting on Monday where he noted that the Corporation will become a Public Liability Company registered with the Corporate Affairs Commission, CAC.
The commissioner further explained that the decision of the state government is aimed at raising the productivity level of the corporation as well boosting accruable economic returns to the State Government and noted that the same applies to the Ebonyi State Newspapers and Publishing Corporation, Nigerian Patriot.
He also pointed out that this reform is not in any way tilting towards sacking any member of staff of the establishments but is a move to re-jig the outfits towards making them fully independent, business-oriented and self-reliant.
