Ebonyi State government, in a bid to ensure efficient business management, has sold its cassava processing plants in Agba in Ishielu and Oshiri in Onicha local government areas as well as rice processing plant located in Agba for N1.3 million.
Briefing newsmen at the end of this week’s Executive Council meeting in Abakaliki, the Commissioner for Agriculture and Natural Resources in the state, Chief Ogodo-ali Nomeh explained that the plants were handed over to the investors following a bidding process.
He stated that the move was designed to make the plants more productive and to create jobs for teeming unemployed youths in the state.
The Commissioner for Information in the state, Mr Uchenna Orji, said the state government had entered into private public partnership with a private company for the management of chemical pathology, hematology and blood blank sited in State King David University of Medical Sciences Uburu.
He noted that the PPP terms of agreement gave the state government ten percent gross benefit and fifteen percent after three years.