Northern Governors move to revamp regions economy …New Nigerian, Kaduna Textiles, others for restructuring


The Northern States  Governors’ Forum has resolved to restructure the New Nigerian Newspapers, through careful restructuring  that would transform it to a modern media outfit.
This was contained in a communiqué  issued at the end of its meeting held at the Sir Kashim Ibrahim House, Kaduna on Tuesday.
The communiqué which was signed by the Chairman of the forum, Hon Kashim Shettima, who is also the Governor of Borno State.
“The Committee that undertook the study of New Nigerian Newspapers (NNN) Ltd. made their submission and the forum resolved to adopt the report of the committee. It further resolved to restructure the company  to a modern media outfit,” it stated.
Still on investments, the forum also considered the progress report presented by the management of NNDC,, noted the company’s achievements in the oil and gas sectors.
“Its partnership with Savannah Petroleum in the exploration of oil in the Chad Basin, the effort of the company towards the resuscitation of Kaduna Textiles Limited, establishment  of a financial institution, exploration of solar power as an alternative  source of energy as well as solid minerals,” it stated.
The meeting also accepted the recommendations of the Chairmen, Northern  States Council of Emirs/Chiefs on the current security challenges and the socio-economic problems bedevilling the region.
“The Forum also wishes to extend its condolences to the government and people of Borno State over the accidental bombing at Rann of Kala-Balge Local Government whereby several IDPs lost their lives and thanks all those who have commiserated with the families of the victims.
“Similarly, the forum symphatises with the families  of victims in Southern Kaduna who lost their lives during the unfortunate incident and assured all and sundry that the crises will soon be a thing of the past,” it said.


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