In a bid to restore the flow of cash in the state, the Benue Investment and Property Company (BIPC) has disclosed that its newly established bakery is generating N4.4 million in monthly sales after tax. Managing Director Dr. Raymond Asemakaha made this known at a capacity-building workshop on Economic Reporting organized by the Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ) in Makurdi.
Dr. Asemakaha also announced that work on the state’s brewery has reached 75% completion, while the Benue fruit juice company, Benfruits, will commence operations this week. He emphasized the need to retain cash flow within the state to salvage its economic situation, which has been affected by the absence of key industries like the Benue Brewery Limited and Benue Cement Company.
The BIPC boss expressed concern over the rising cost of food in the state and pledged to partner with other agencies to lower prices. He also called on the media to join the fight against rising food costs and promised to grant newsmen access to information.
Governor Hyacinth Alia, represented by his chief press secretary, Tersoo Kula, attributed the souring relationship between government and media to lack of trust and transparency. He emphasized the importance of timely and accurate reporting in sustaining good government-media relations.
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