Business
Don Urges RSG To Revive Moribund Firms Through PPP

An economist, Dr. Sylvanus Amadi, has urged the state government to resuscitate some of its moribund companies through a public-private participation (PPP).
Dr. Amadi in an exclusive chat with The Tide said the success of Siat Nigeria Limited with Risonpalm should form the foundation for the resuscitation of other companies such as Airport Hotel, West African Glass Industry and Rivmarine, among many others.
The university don and Head of Department of Economics, Ignatius Ajuru University of Education (IAUE), said, “I believe that youth violence and cultism can be curbed to a large extent if these companies are revived and managed through public-private partnership.”
He explained that all the state government needed to do was to maintain its equity and ownership with a mandate to the managers to employ Rivers youths.
On the plan by the state government to revive agriculture, Dr Amadi opined that the School-to-Land model should be used.
He recalled that in the 1980s when the School-to-Land scheme was set up, it helped in providing jobs and food for the citizenry.
“ Rivers State has a lot of potentials in agriculture but we should go back to the School-to-Land model introduced by former Governor Oyakhilome”, he suggested.
In order to encourage young people to participate in farming, Dr Amadi advised that they should be given stipends while they were being trained in various agric activities.
He said emphasis should be placed on aqua- culture and animal husbandry such that areas that did not have sufficient lands could utilise what they have.