Omoluwabi garment factory: Industrialisation beckonsBy now, any lingering doubts about the commitment of the Rauf Aregbesola administration to permanently alter the terrain of business in the State of Osun ought to have been permanently resolved.
Not only are the good citizens of the state living witnesses to the fast pace of infrastructural renewal and development now acknowledged as unsurpassed in the annals of the state, the administration’s record of achievement in attracting new investments to the state in a little less than three years has since become a lesson on how a right mix of policies can make the world of difference.
Citizens would be right to cite the commissioning of the Omoluwabi Garment Factory by Governor Rauf Aregbesola on August 26 as yet another sign of the good times under the dynamic administration. It says a lot about the changing face of a state that was only few years back described as a laid-back, wholesale civil service state that small, medium and global players have now found the state attractive enough to want to open shop.
It says a lot more about the perception, particularly by the business class, of the state’s helmsman as purposeful, result-driven and above all, a man they could do business with that new start-ups are increasingly attracted to the state. For a state that was run bankrupt during the inept PDP administration of Olagunsoye Oyinlola, it is a reflection of how much things have changed.
The truth of course is that the Omoluwabi Garment Factory is just one out of many investors that have either found home in Osun or in the quest for one in recent time. This is why it is hard to miss the import of the development that promises to change the face of the state economy for good.
Beyond being merely the fruit of partnership between the state government and the investors and its assurance of mutual benefits, it is a major attestation to the efforts of the administration at laying the foundation for the state’s industrial take-off.The partnership is as novel as it is interesting. For the state government, it guarantees the supply of uniforms for the pupils of the state public schools under the government’s free uniform policy at the cheapest possible costs – drawing benefits from the economy of scale.
In making the state its base, the firm is expected to draw its pool of requisite personnel for which it necessarily has to invest in their training. For a state that advertises itself as one in dire need of investments to take its idle youths off the streets, the prospects of 3,000 direct jobs for the citizens obviously deserve a more than casual embrace.
Meeting its orders obviously means increased demand for local fabrics – gaps that would need to be filled by the local cottage industries with prospects for greater economic activities in the state.
The economic activities thus stimulated would in turn boost government revenue through taxes. The state expects to reap bountifully from market development, product diversification across national and West African sub regional market in the long run.
This newspaper understands that it is from such modest efforts like those of the garment factory that giant corporations are built. The state government has done well in this regard with its promise to assist the firm in its phased growth to become the hub in the garment supply chain within the ECOWAS sub region. The opportunities are simply limitless.
There are however, other reasons why the garment factory deserves encouragement. Its success would obviously increase the likelihood that many others would get on board. To that extent, the deliberate support and encouragement represent the surest strategy to fan the flame of the state’s industrialisation. Such notable support like those of the garment firm is the reason we say the state dream of industrialisation is on course.
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