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SOEs must be efficient, commercially viable, not liabilities — Prof. Alabi

SOEs must be efficient, commercially viable, not liabilities — Prof. Alabi
Image: Graphic Online

The Board Chairman of GCB Bank, Professor Joshua Alabi, has called for robust corporate governance in state-owned enterprises (SOEs) to make them efficient and commercially viable. He said SOEs must not become liabilities, but an integral part of the socio-economic development of the country. “Our state-owned enterprises must become commercially viable, efficiently managed and financially sustainable. They must generate profits…

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