Abia revokes land title granted to firm established by ex-gov Ikpeazu

Abia Govt. revokes ENASCO land title, moves to recover ‘mismanaged’ shoe factory

In a move signaling a tough stance on public asset mismanagement, the Abia State Government (ABSG) has revoked the land title of the Enyimba Automated Shoe Company (ENASCO), citing grave corporate governance failures, financial opacity, and an alleged attempt to sideline the government’s ownership stake in the firm. The announcement, made on Friday by Mr. …

Abia revokes land title granted to firm established by ex-gov Ikpeazu

From Okey Sampson, Umuahia Abia State Government has revoked the land title granted to Enyimba Automated Shoe Company (ENASCO), established by the administration of the immediate past governor of the state, Okezie Ikpeazu. In a statement issued by Ukoha Njoku Ukoha, the Chief Press Secretary (CPS) to Governor Alex Otti, the government said the move []The post Abia revokes land title granted to firm established by ex-gov Ikpeazu appeared first on…