APC faults Bauchi government over hotel, companies’ sale

The party said it was astonished by the “shady and fly-by-night” transactions between the Bala Mohammed and business associates, friends and political allies of the Governor of Bauchi State.

Speaking at a press conference held at the Next Level Secretariat of the party on Friday, the State Chairman, Babayo Misau, said the party notes with “great indignation, dismay and total condemnation that the current ill-transactions are shady, questionable and clearly adverse to the collective interest and well-being of the people of Bauchi State.”

The text of the Press Conference was entitled: ‘The APC Bauchi State Chapter outrightly condemns the unlawful lease of Zaranda Hotels at N1.2bn, Wikki Hotels at N200m and sale of Bauchi Meat Factory at N301m, Galambi Cattle Ranch at N150m, Bauchi Fertilizer Blending Company at N400m and the Bauchi Furniture Company at meager amounts to family and friends against the interests of the people of Bauchi State.

He expressed dismay that successive administrations in the state spent billions of hard-earned state funds in establishing the industries only to be disposed of by the Government of Bala Mohammed to satisfy some personal interests. Misau said: “The affected industries are the famous Bauchi Meat Factory which, in the 1990s, was prominent in supplying meat across the globe; the Bauchi Furniture Company which employed hundreds of our youth and had its products across the country and the Bauchi State Fertilizer and Blending Company, which supplied mass quantity of fertilizer to farmers at subsidised rates for rapid agricultural advancement.

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