While we are still looking into the Board of Directors of this Irish Company that has been favored by the State Government to handle almost every major project, the newspapers shocked us this morning with the headlines:
ROCHE GROUP TAKES OVER ADAPALM.
Here is what the Papers are reporting:
Owerri — IN a bid to reposition the company for economic gains, the Imo State government has finally handed over Adapalm plantation to an Irish Company, Roche Group in Ohaji / Egbema Local Government Area under Public Private Partnership (PPP).
Speaking at the handing over ceremony of the establishments’ corporate office at Ohaji, Governor Rochas Okorocha, described Imo Palm Plantation as one of the greatest investments of the state that were mismanaged by the previous administrations.
The governor explained that the plantation was not sold by the government but handed over to a competent organisation for effective management so as to enhance its productivity as well as generate more revenue to the state government.
He added that under the partnership with Roche Group, Imo Palm Plantation would generate 1,500 employment opportunities and provide corporate social responsibilities to boost the development of the host communities.
Okorocha enjoined the people of Ohaji / Egbema to cooperate with the new management to move the plantation forward.
Earlier, the Commissioner for Agriculture and Natural Resources, Mrs.Adaora Ijezie, applauded the governor for his intervention to resuscitate Imo Palm Plantation and position it to be a viable establishment.
She affirmed that the establishment remains the property of Imo State government even under the new management.
Also speaking, the member representing Ohaji / Egbema Constituency in Imo State House of Assembly and House Committee Chairman on Agriculture, Mr.Luke Chukwu, said the partnership between the state government and Roche Group has brought to an end the bickering and mismanagement that have hindered the growth of the establishment.
Culled from: ALL AFRICA.com