Gov’t hands over 2 enterprises to private investors | Dailytrust

Gov’t hands over 2 enterprises to private investors

The Kaduna State Government has officially handed over the Zaria Pharmaceutical Company Limited to a new investor, Farenheight Pharmaceutical Limited.

It also handed over the popular Zaria Hotel to Africa Continental Hotel and Resorts.

Deputy Governor of the state, Dr Hadiza Sabuwa Balarabe, performed the handing over ceremony in Zaria.

She said the handing over followed the company’s success after competitive and transparent bidding managed by the Kaduna Investment Promotion Agency, KADIPA.

Balarabe said the state government took the decision “to sell off all its commercial enterprises to private investors to strengthen the private investment drive of the government

Responding while taking over the former Zaria Pharmaceuticals limited, the Coordinating Director, Fahrenheit Pharmaceuticals Limited, Alhaji Ibrahim Tanko Mohammed, said apart from revamping the company and restoring it to its lost glory, the company intends to create more job opportunities than it used to be in the past.

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
Media Trust Ltd

Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Whatsapp: +234 806 990 3410