In 2006,
the Parliament of Nauru resolved that the department be abolished and it
workers be transferred to Eigigu Holdings Corporation. Eigigu Holdings Corporation
is a government entity established under the State owned Enterprises. At the
time when Parliament decides to pass a resolution, Eigigu Holdings Corporation
was at its fiscal peak.
Unfortunately,
with the extra heavy load to accommodate the Parliament resolution, the company
only managed to sustain it operations for another 3 years before it collapses
and the government dare not decide to lend any help, but rather advised the
company’s Board and Management to find its own way out of the trench.
After 3
years of devastating struggle financially, the Board decides to introduce new
reform measures which help the company today to recover and expand its services
again across the country. However, with the assistance of the Republic of
China, Taiwan, the Government of the Republic of Nauru has managed to settle it
outstanding debts with the people of Nauru incurred through the Nauru Works Department.
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