By TYAV SAM TSAV, Makurdi –
Managing Director of the Benue Investment and Property Company, (BIPC), Dr. Raymond Asemakaha, has combined both the long and short term businesses to grow and transform the economy of the state.
This was contained in a statement by the Managing Director on his first one hundred days in office made available to newsmen in Makurdi.
Dr. Asemakaha informed that his drive to grow the economy led him to propose undertaking short-term businesses such as Benue Palm Oil, Benue Water, BIPC Palm Plantation, and BIPC Bakery among others.
The MD revealed that the short-term businesses are deliberately designed to stimulate the economy and create jobs for the over four million unemployed youths in the state.
The astute banker noted that his long-term goals were to revive moribund industries through partnerships with the Bureau of Public Enterprise, grants, and public-private partnerships (PPE).
Dr. Asemakaha also disclosed that
he initiated the Benue Local Investors Forum (BELIF), where local investors in the state converged to chat about issues affecting local businesses in the state.
BELIF ushered in the Kadinvest experience with expectations of huge investment and GDP growth projections of 5.4 billion dollars to 8 billion dollars.
Also within the one hundred days the MD enforced a recovery and secured a 33-room facility for the company and began the process for a low-income earners’ housing estate, and recovered huge money from allotments of BIPC Evergreen Estates in North Bank, Nyiman, and HUDCO quarters in Makurdi.
The BIPC boss who ordered renovations of the BIPC guest house in North Bank, the BIPC guest house in Kaduna, total renovation of Company’s corporate headquarters in Makurdi, and the completion of 14 units of three bedroom bungalow at the Fountain Estate Nyorgyungu, Makurdi.
He carried out strategic audits of lease agreements the company entered into with Taj Bank, Cosgrove, and PRESKEN Hotels Lagos where he took decisions to review some of the agreements.
With a vision to uplift the fortunes of the company with motivated manpower, Asemakaha cleared seven months of arrears of salaries owned by staff of the company and asked the International Standards Organisation (ISO) to train staff of the company for enhanced productivity.
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