…as Unilever, Vono, others signify intentions to partner govt. 
Apparently disturbed by poor condition of roads and drainage system in and round as well as  some of the  industrial hubs  in Ogun state,  the state government has pledged  contribute 70%  of the inputs for reconstruction of the affected  roads.  The roads are located in Atan-Ota, Igbesa-Agbara, Dalemo-Ijoko, Papalanto-Sagamu-Ogijo,.
The State government decided to rally investors and industrialists operating in the state to contribute 30% cost of reconstruction as part of their contribution towards roads construction which falls under the purview of both Federal and State governments, having used same method to reconstruct some industrial roads in Agbara last two years.
Speaking during a visit to Vono Furniture Products temporary plant located at Dalemo area of Sango-Ota recently, Bimbo Ashiru, Ogun State Commissioner for Commerce, declared that government had intention to fix roads leading to industries across the state, but in partnership with concerned industries.
Ashiru, who noted that government sees investors and industries as greatest assets to economic growth and development, added that State government came up with joint reconstruction of economic roads belonging to both State and Federal governments, having considered impediments caused by paucity of fund.
He said, “We see you (investors) as our greatest assets, that is why we are creating lots of incentives to you. This is another incentive, we also give tax holiday for directors who can show evidence of tax payment to other states of the federation.
“We have our focus on rural roads now, we have about 500 of them that will be constructed in all nooks and crannies of the state. But, pending the time, we must fix the roads quickly. Quite a number of investors have called on roads reconstruction. I received call from Unilever Plc and others on this, and we are doing their roads very soon.
“Because of paucity of fund, we are going to use the model we used in Agbara where 70% was contributed by government and 30% was contributed by the industries and investors in the axis. This is a surest means to fix roads at this period of economic recession.”
Responding, Taiwo Adeniyi, Group Managing Director, Vono Furniture Products assured government of the company’s intention to contribute to any moves that could ensure conducive business environment for not only Vono Furniture but also other investments in the state, saying Vono Furniture would support socio-economic growth of the state.
“For us at Vono Furniture Products Limited and Vitafoam Group, what started more as a “development experiment” has grown and developed over the years from just a foam (mattress and pillow) manufacturing company into complete home solution company with five subsidiaries that produce range of furniture products, beds and bedding, pre-fab structure, insulation and foot wears.
“Our operations have been strengthened with innovation in capacity building to increase the intellectual base of our employees, using our employees to facilitate in-house training which would have cost lots of money if trainings were to be done outside.
Procurement was strictly monitored and well-managed for our just-in-time operational model. We engage the use of modern technology in our distribution process so that customers’ orders are serviced promptly”, he declared the firm’s intention.
RAZAQ AYINLA

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp