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Ogun attracts 43 manufacturing firms in 3 years

Ogun State has become an industrial hub of the country, having attracted 43 manufacturing firms in three years.

“I welcome the president to the commissioning of the 43rd industry since the inception of this administration,’’ said Ibikunle Amosun, governor, Ogun State, during the commissioning of Procter and Gamble’s (PG) $300 million manufacturing plant at Agbara, Ogun State, last Thursday.

“We have 19 industries that are ready for commissioning and our target between now and May 2015, is 100 industries,’’ he stated.

PG, world’s leading name in the Fast Moving Consumer Goods (FMCG), has established a plant in Agbara, with a view to expanding the manufacture of products such as Pampers, Always, Ariel, Vicks, Duracell, among others, across the African market. The total worth of the investment is $300 million, making it the largest United States of America’s non-oil investment in the country.

Amosun said this, coupled with the fact that Ogun had played host to the president much more than any other state in the commissioning of industries, was a testament that the state had become an industrial hub, but appealing to the Federal Government to consider and approve the rehabilitation of Ato-Agbara, Lagos-Sokoto and other major roads, owing to their economic importance.

In his response, Vice President Namadi Sambo, who represented President Goodluck Jonathan, said that Lagos-Sokoto road’s contract was on the drawing board, while Lagos-Ogun-Ibadan had been awarded, adding that 700 megawatts’ Olorunsogo Power Plant had been completed, privatised and was already adding value to the economy.

Culled from :Here

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