Ikpeazu settles 13 years rift between IEA, host community

Governor Okezie Ikpeazu of Abia State has settled the rift between the management of premium soap and detergent manufacturers, the International Equitable Association (IEA) and their host community, Umuokeyibe Umungasi, Aba, thereby paving way for the resumption of production activities at the hitherto moribund factory of the industrial giants.

Ikpeazu, while speaking during a meeting between the feuding parties, commended members of the community and their forebears for their foresight in donating their land in 1952 for the establishment of the factory as well as the peace negotiations which started in 2018 and led to the agreement to settle all the lingering issues.

He directed the management of IEA to ensure that they abide by the terms of settlement including ensuring that youths of the community were gainfully employed at management and other levels within the organisation.

“We are happy that our collective efforts to reinvigorate this company is yielding positive results and I am optimistic that production activities will soon start again at the factory which is one of the landmark organisations that made Aba an industrial hub”, the governor said.

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Sola Ajayi, managing Director of IEA, in his remarks expressed appreciation to the Governor for midwifing the settlement process and assured that the company was ready to resume production as soon as preliminary works were completed.

He also thanked the Governor for fulfilling his promise to fix Nicholas Road, Aba, which leads to the factory and pledged the willingness of the company to be good corporate citizens.

Also speaking, the spokesman of the community, Enyinnaya Ubani and the chairman of the community, Chris Ubani, thanked the Governor for his developmental strides in the state as well as the pursuit of industrialisation as a major pillar of his administration. They pledged to abide by the agreement reached by both parties.

IEA which commenced operations in 1954, manufactures popular detergent and soap brands such as Truck soap, Appolos detergent, Palmolive soap among others, before the ownership crises that led to the closure of the company in 2009.

The meeting which was held in Governor’s Lodge, Aba, was also attended by the state commissioner for Trade and Investment, John Okiyi Kalu and other top government officials.