coalThe Governor of Enugu State, Sullivan Chime, has urged the Bureau of Public Enterprises (BPE) to ensure that the investors bidding for the remaining four coal blocks of the Nigerian Coal Corporation (NCC) have the requisite technical and financial wherewithal to operate the facilities.

Chime made this known in Enugu on Wednesday, at the official handover of the headquarters of NCC and the Colliery Hospital to the purchasers- the Enugu State Government.
He said the acquisition of the NCC’s headquarters by the state government was significant,given the role of coal in the development of the state.

According to him, coal is dear to the state; hence the state capital derived its nickname (Coal City) from coal.
Earlier in his speech, the Director General of BPE,. Benjamin Dikki, announced that the bureau is finalizing arrangements with the Ministry of Mines and Steel Development and other stakeholders to commence the privatization of the remaining four coal blocks.

“We hope to soon grant concessions of these coal blocks to credible investors,”he assured,adding that “the privatization programme seeks to handover these coal blocks to credible investors that will invest money and expertise to mine these coal blocks to create employment and bolster the economic fortunes of Enugu sate in particular and Nigeria in general.”

He noted that the sale of the two properties to the state government was part of the privatization of non-core assets of NCC, many of which are located in Enugu State.


[The Guardian]