Breaking News

Gov Emmanuel to establish coconut refining factory

…to employ 350,000 people when operational

By  Tom Moses

UYO—In pursuance of his promise to ensure industrial revolution and create jobs for Akwa Ibom State people, Governor Udom Emmanuel, yesterday, said a coconut refining factory was in the offing and would  employ no fewer than 350,000 people when operational.

Governor Emmanuel said already, 5,000 hectares of land had been acquired and cleared for the planting of 15,000 seedlings of coconut.

The governor, who spoke at his maiden media parley since assumption of office, explained that he decided to invest in coconut because of its unquantifiable socio-economic gains and medicinal values.

Besides, he disclosed that arrangements had been concluded for the ground-breaking of meter manufacturing company in the state, promising that the first set of meters from that factory would be rolled out in May 2016.

He said: “The thrust of this administration is based on industrialization and so far, we have had ground-breaking for car assembly plant in Itu. When completed, the plant would provide jobs to thousands of our unemployed youths. We have equally performed ground-breaking ceremonies for the construction of LED industry also in Itu and the largest shopping mall in Africa, Shoprite, is coming to Akwa Ibom. These initiatives will also provide jobs to our people and lift a lot of people from the abyss of poverty. Foreign investors are lining up to come and invest in our state because we have provided superior and world-class infrastructural amenities and soon, we will be performing numerous ground-breaking ceremonies for these planned industries.”

As part of efforts to ensure steady supply of electricity, the governor recalled that the state was last Wednesday, given a licence by the National Electricity Regulatory Commission NERC, to increase its megawatts from 199 to 685.



Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.