President of University of Calabar Staff Cooperative Society, Elder Esuambuk, has said he had forgiven those who masterminded his kidnapping.
He made the declaration during the just concluded cooperative society`s elections which ushered him into office as president.
He recounted his ordeal in the hands of kidnappers who held him hostage at the climax of the election campaign for the position of the society’s president.
The cooperative society`s helmsman said that his kidnappers alerted him that they were instructed by certain individuals to take him hostage until the elections were concluded before he could be released to join his loved ones.
Esuambuk said: “The kidnappers told me that they were sponsored to ensure that I don’t take part in the elections, that theynwere only asked to keep me after the election and they took my phones away from me.”
When asked to explain what the policy thrust of his administration was, he said that plans were underway to come up with programmes that would enhance the welfare of his members.
Esuambuk maintained that he was aware of the fact that a lot was being expected from them, adding that his administration was working very hard to overcome the challenge of tackling the backlog of loans.
The cooperative society’s president stated that it was in their quest to boost the revenue base of the company that management of the company decided to diversify their funds into various areas to enable them make profit for increased dividend for members.
According to him, plans were underway to erect a state-of-theart hostel on the company landed property in Akpabuyo Local Government Area of the state to provide housing accommodation to students of a private university which is about to take off in the area.
Another project which Esuambuk said his administration shall embark upon was the sinking of borehole on the company`s landed property in Akpabuyo Local Government Area in Cross River State, stressing that water from the borehole would be sold to host community residents involved in the execution of building projects to boost income of the company.
The cooperative society’s president maintained that the company`s fleet of vehicles which currently operated with LarfageHolcim (former Unicem cement company) under the sub-vendor arrangement shall be strengthened to return to its hitherto status of direct vendor arrangement with the cement company.
“Our company’s fleet of buses used to operate with Unicem under the direct vendor arrangement until something happened along the line and we were relegated to the status of a sub-vendor making it difficult for profit from that sector to be attracted into the company`s coffers,” Esuambuk lamented.