ISLAMABAD – Management of the National Logistics Cell (NLC) has informed the government regarding its plans to hire finance and audit professionals for improving the organisation’s working. This was informed by the management of NLC at a briefing of the National Logistics Board (NLB), held under the chairmanship of Finance Minister Dr Abdul Hafeez Shaikh here on Thursday.
An official source said that the Finance Minister wanted to figure out whether the entity would retain its strategic position or could attain a commercial status before the NLC is restructured. It was decided that the matter would be finalised in the next meeting. According to an official statement, the Finance Minister was given a detailed briefing on restructuring of the NLC.
It was proposed that industrial business units should be granted financial semi-autonomy and should be given responsibility of their profit and loss. The meeting decided that the authority and responsibility of NLB, NLC and DG NLC should be clearly described with reference to daily working, financial level and decision making. The briefing described that NLC must articulate its functioning to ensure institutional decision making and adherence to legal formalities.
In addition, it should focus on its primary objective of undertaking capacity building accordingly and should consolidate its core business of freight services and engineering, along with the related fields. The meeting decided that depleted transport fleet of NLC be improved to an appropriate level, which should adhere to all relevant rules, as per directives of the government.
