Former Ogun State Governor and owner of the suspended Compass newspapers, Otunba Gbenga daniel has disclosed that he has plans to revive the once thriving newspaper.
The ex-governor blamed journalists for contributing largely to the failure of company. He boasted that the newspaper was already setting pace in the competitive media industry before it was hit by crisis.
Daniel disclosed this at the weekend in Sagamu, Ogun state at an interaction with journalists who came to attend a workshop organised by ‘Political Academy’.
He said, “You will all recall that when we started then, newspapers like The Nation, The Sun and even ThisDay were put on their toes then, with the welfare packages we put in place. We bought 36 cars for all our correspondents across the country and they were all adequately taken cared of, even, those at the head office were so happy with the welfare packages they enjoyed until you people finished everything”.
The Ijebu born politician also recalled his journey into the publishing business claiming that the love for the media profession and practionners informed his foray into the capital intensive newspapers publishing business.
“I sit down and think of what to do and I concluded within me that I should establish one and make it a place where the pen men would be well taken care of and free to perform effectively and efficiently,
but, alas!, what did I see, it is the same journalists that I was fighting for that ruined the company. They destroyed the company and nearly made it go bankrupt, but, I can promise you here today, that,the company is coming back soon, back and better”, he said.