Ngumi term ends as chairman of ICDC, State silent on replacement

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Former Industrial and Commercial Development Corporation chairman John Ngumi. FILE PHOTO | NMG

The term of Industrial and Commercial Development Corporation (ICDC) chairman John Ngumi has ended as the State remained silent on his replacement at the helm of the agency.

Mr Ngumi confirmed last week that his ICDC contract has ended. He took over the institution responsible for management of State’s investments in ports, rail and pipeline services for a two-year term that came to a close on May 31, 2022.

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