The Chairman, Technical Board of Plateau Investment and Property Company, PIPC, Mr. Ezekiel Gomos, has said that the company has partnered with wife of the state governor, Mrs Regina Lalong to train over 100 women in entrepreneurship and skill acquisition as part of the International Women Day celebration in Plateau State.
According to him,40 years after its establishment, dying Plateau Investment and Property Company (PIPC) has been resuscitated and engaged by Governor Simon Lalong to assist his government in revenue drive to compensate for the dwindling economic fortune of the nation. Addressing news men on its many engagements in the past nine months, chairman, Technical Board of PIPC, also lamented that the hitherto vibrant investment and property company was literally killed by the Jonah Jang administration in the name of restructuring; where all staff of the company were sacked, and the new staff that took over knew nothing about the company.
“That was what informed our coming in as a technical board to inject some experience into reviving the company.
“We recalled the sacked staff and realised even before their so-called sack, they’ve not been paid for one year. So we began by clearing all their salary arrears.
The company was also recording serious financial losses during the so-called restructuring which reached about N29 million; in about nine months we’ve been able to clear that also, and the company is now profitable. We also inherited an overdraft balance of N19 million taken from a Commercial bank, which we have also paid”.
Outlining some of the activities of the company to help the state in generating revenue, Gomos said works are on-going at reviving the Bokkos Fertiliser Company.