Ondo Takes Giant Stride Towards Industrialisation
Jun 27th, 2009 | By admin | Category: South West News
IN its determination to achieve industrial development for Ondo State through the provision of adequate power supply to boost industrial activities, the state government on Tuesday signed a Memorandum of Understanding (MoU) with Shell Nigeria Gas Limited.
Speaking at the ceremony, which took place at the Governor’s Office in Akure, the state Governor Olusegun Mimiko described the initiative as a trail blazer for rapid economic and industrial transformation of the state. He assured that with the development, the state was on its path to attaining industrial breakthrough.
The governor noted that his administration would use the initiative to facilitate the creation of industrial parks that will meet the needs of the entrepreneurs within the state, stressing that it would also provide ample job opportunities for the people and increase the revenue base of the state.
“We are confident that the project which begins with the signing of this MoU will, when completed, increase industrial activities in the state, help to create more jobs for citizens of and residents in the state and also boost the state’s revenue generation” the governor said.
According to him, “In the context of inadequate power supply for tangible industrial activities in the country, we consider that a more realistic way to achieve industrial development for the state to provide the requisite infrastructure for undisturbed power supply”.
Dr Mimiko, who expressed optimism in the capability of Shell Nigeria Gas Limited to deliver the master-plan on time for speedy execution of the MoU, however appreciated its readiness to partner with the state government in the area of economic and industrial transformation of the state.
Earlier in his speech, the Managing Director of Shell Nigeria Gas Limited, Mr. Bayo Opadere assured the governor that the partnership would no doubt change the economic landscape of the state in the area of massive industrialization.
Mr. Opadere, who noted that the company has operational base in the Niger-Delta states among which is Ondo State, added that the project would be executed through Public Private Partnership (PPP).
-From FUNSHO OJO, Akure
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