Limbe(National Times)-The Cameroon Development Corporation (CDC), second largest employer after the Government of Cameroon will function on a budget of over FCFA 93 billion in 2019.
Members of the Board of Directors of the Corporation adopted the budget following a recent meeting that held at the company’s head office in Limbe.
CDC Board Chairman, Benjamin Mutanga Itoe, issued a release, announcing the budget of the corporation for 2019. Mutanga’s release was read severally on the State broadcaster (CRTV).
In the release, the Board Chairman talked of the incessant attacks on workers of the corporation which has slowed down activities. However, the Board through its Chair reiterated its commitment to the actions of the powers that be towards arresting the security situation for work to resume to full capacity across the corporation.
Despite such colossal budget, observers have questioned how the corporation intends to function when; the crisis which has crippled activities in most estates remains unresolved.
Watchers of the polity see the CDC budget as mere paper work which will never materialise unless there is an end to the armed conflict that has put the lives of workers at risk.
Thousands of workers in the corporation have gone without salaries for at least six months. Recently, a set of such disgruntled workers took to the streets in protest but the corporation’s management maintained its buoyancy was seriously threatened by the heightened insecurity in the North West and South West Regions.