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Creating Jobs Via Resuscitation Of Moribund Industries

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The production tank belonging to Nigeria Agip Oil Company (NAOC) in Ebocha Community, Ogba/Egbema/Ndoni Local Government Area of Rivers State.

The production tank belonging to Nigeria Agip Oil Company (NAOC) in Ebocha Community, Ogba/Egbema/Ndoni Local Government Area of Rivers State.

Unarguably, unemploy
ment has reached alarming proportions in the country, especially among graduates of tertiary institutions.
This is partly because the Nigerian economy cannot absorb the growing number of graduates produced annually by the nation’s tertiary institutions.
Compounding the problem, tertiary institutions produce more graduates in the humanities and social sciences as a result their failure to adhere to the national admission policy, which prescribes 60:40 ratio in favour of the sciences.
The areas of specialisation of the graduates notwithstanding, experts insist that sustainable employment can be created via the manufacturing sector.
They are of the view that if state governments can revitalise the moribund industries in their states, this will reduce the unemployment rate, while boosting their internally generated revenue as well.
Several moribund industries, which were unfortunately blue-chip industries of yesteryears, now dot many parts of the country.
Concerned stakeholders, therefore, acclaim the recent pronouncement of Gov. Okezie Ikpeazu of Abia to resuscitate the Golden Guinea Breweries in Umuahia.
Mr Bonnie Iwuoha, the Commissioner for Information and Strategy, broke the cheery news about the state government’s plans to reopen the brewery when he addressed journalists recently in Umuahia.
In addition to Golden Guinea, the commissioner said that the International Glass Industry in Aba would also bounce back to life.
Golden Guinea was established in 1960 by the administration of Dr Michael Okpara, the then Premier of the defunct Eastern Region, and incorporated two years later.
It became an economic epicentre and financial livewire, not only for the people of the then Eastern Region, but also for natives of Umuahia who enjoyed the socio-economic benevolence it offered through its social responsibility programmes.
In fact, the products of Golden Guinea Breweries like Golden Guinea lager, Eagle Stout and Bergdorf lager received appreciable patronage from 1960 to 2005 when it was eventually shut.
Concerned stakeholders, nonetheless, urge Ikpeazu to refrain from making empty promises like his predecessor, Chief T.A. Orji, who promised to revive the company.
Indeed, Orji in 2012 inaugurated a committee to look into ways of reviving the 54-year-old company.
He vowed to revive the brewery before leaving office, a pledge he failed to fulfil.
On the other hand, the International Glass Industry (IGI), Aba, also owned by the Abia Government, was leased to the Churchgate Group and it is showing signs of improvement.
IGI’s General Manager, Mr Kelechi Onuiri, said recently in Aba that the company had resumed the production of glass products.
He said that the factory, which started production late in March, produced and supplied more than 740,278 pharmaceutical bottles within two weeks of its resumption.
He said that the factory was currently servicing the needs of pharmaceutical industries outside the state.
Onuiri said that the company had employed more than 500 workers since its resumption to ensure full circle production.
“Right now, we have many people working here; we have employed more than 500 workers. Of course, we will take more people if need be,” he said.
However, the story is somewhat different with regard to the Modern Ceramic Industries in Umuahia.
After years of inactivity, the company was handed over to UCL Consortium, promoted by the Catholic Diocese of Umuahia.
Regrettably, the company’s handover could not bring it back to life.
Mr Uwakwe Nwachukwu, an economist, recalled that the Golden Guinness Breweries was one of the most successful breweries in Nigeria until it became moribund, adding: “Its collapse was mainly due to bad or inefficient management.’’
He said that board and management appointments were not based on knowledge and expertise, but purely on political considerations.
“More often than not, round pegs were put in square holes. Consequently, the brewery, which hitherto employed many hands and created considerable wealth, died,’’ he said.
Nwachukwu, who once worked in Golden Guinea as a casual employee for a fleeting period, said that the idea of revitalising or re-building the factory was, indeed, a welcome development.
According to him, a lot of benefits will accrue to the state and the people if the factory is revived.
“Other ancillary jobs or businesses will spring up within the factory environment and this will also reduce the number of unemployed persons in our society.
“In a time like this when unemployment in Nigeria has become a key challenge, the factory will add a lot value to the economy of Abia and the Nigerian economy as a whole.
“Furthermore, it will be quite plausible if the government could give consideration to the revitalisation of the Modern Ceramics Company, Umuahia.
“The ceramics company has good prospects for jobs as well as wealth creation for the government and the people,’’ he added.
Nwachukwu urged Ikpeazu not to relent in his efforts to bring back the “dead factories’’ back to life.
He urged him to borrow a leaf from the Rivers Government which successfully resuscitated Pabod Breweries.
“Rivers is one example; the once moribund Pabod Breweries was rebuilt by the last administration in the state.
“Today, Pabod Breweries engages many hands and it is the proud producer of Grand Beer and the now fancied or popular malt drink, Grand Malt.
“This can be replicated by the Abia Government, using the Golden Guinea Breweries and the Modern Ceramics Company in Umuahia as the platform,’’ he said.
In the same vein, Prof Aloysius Okolie of the Department of Political Science, University of Nigeria, Nsukka, urged state governors in the South East geopolitical zone to revive the collapsed industries in their states in order to create more jobs.
He said that the revival of the industries would create more employment opportunities for millions of jobless youths, while generating additional revenue for the states.
“Revitalising of these industries will be a means of diversifying the economy of the states, especially now when the country is experiencing economic melt-down,’’ he added.
There has been a drastic decline in allocations from the Federation Account to states and local governments as result of a sharp decline in crude oil prices in the international market.
“Some states and local governments in the country now find it difficult to pay their workers’ monthly salaries because of this drop in federal allocations,’’ Okolie said.
He, therefore, commended Gov. Ikpeazu’s move to revive Golden Guinea Breweries in Umuahia, describing it as a welcome development.
He, however, suggested that the state government should not own 100 per cent equity shares in the brewery.
“Government should have at most 30 per cent equity shares so as to allow the management of the brewery to be in the hands of private people who are expert in managing such companies.
“Government should also carry along the host community in order to protect equipment and facilities in that brewery,’’ he added.
Okolie said that pragmatic efforts should be made to revive industries like the cashew industry in Enugu, the ceramics industry in Umuahia, among others, which had become moribund.
“The industrial sector is a critical sector of any economy; it helps a country not to depend completely on foreign products.
“Nigeria is a dumping ground for foreign goods today because of the years of neglect which led to the collapse of many industries.
“Other governors in South East should emulate the Abia governor’s good example of reviving the popular Golden Guinea Brewery Umuahia, in efforts to improve the economy of their states and reducing unemployment,’’ he said.
Analysts underscore the need  for the federal, state and local governments to resuscitate all the moribund industries in their domains.
“This because industries provide employment opportunities for the youth, particularly graduates of engineering and physical sciences,’’ some of the analysts say.
Obike Ukoh is of the  News Agency of Nigeria (NAN)

 

Obike Ukoh

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NCDMB Signs Mgt Deal With Radisson, Edison…As Board’s 204 Rooms Hotel Open December 2026

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The Nigerian Content Development and Monitoring Board (NCDMB), on Monday signed an international management agreement (IMA), with Radisson Hospitality, Belgium and Edison Hotel and Property Development Company with respect to the Board’s 204 rooms hotel and conference center, developed adjacent to the Content Tower, headquarters of the NCDMB in Yenagoa, the Bayelsa State.
A statement by the Board’s Directorate of Corporate Communications says the management agreement was signed in Durban, South Africa by the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, Executive Chairman of Edison Corporation, Mr. Vivian Reedy and Director of Radisson, Mr. Garnier Erwan.
Giving assent to the agreement, Ogbe affirmed that discussions, reviews, and compliance requirements have lasted for over two years, and that the Board secured the approval of all key stakeholders, including the Attorney?General of the Federation and Minister of Justice, Lateef Olasunkanmi Fagbemi, SAN.
“The support of stakeholders ensured that the Agreement meets Nigeria’s legal and regulatory standards.The aspiration of the NCDMB is to deliver a world?class hotel in Yenagoa, Bayelsa State with a fully equipped conference centre—designed to serve the oil and gas industry stakeholders and the Nigerian public”, he said.
He pledged the NCDMB’S commitment to completing the hotel on schedule time and achieving the opening in December, 2026.
“We appreciate our responsibilities—construction quality, pre?opening readiness, funding, safety and security compliance, and maintaining Radisson’s global standard. We will do our best to meet our obligations”, Ogbe added.
The Board’s Scribe charged the  Hospitality firm to bring its expertise, systems, and brand strength to deliver a hotel that offers excellent service and guest experience, expressing hope that the partnership with Edison Hotels will create a facility that reflects global quality and supports Bayelsa’s position as an oil and gas hub.
“This project reflects NCDMB’S commitment to using strategic investments to boost productivity, attract investment, build local content, and expand opportunities for business and tourism in Nigeria when completed.
“Radisson Hotel and Conference Center Yenagoa will stand not only as a hotel, but also as a symbol of what strong partnerships can achieve”, Ogbe noted.
In his remarks, Executive Chairman of Edison Corporation, Vivian Reedy described the organisation’s  role as a bridge between the owner and the operator, highlighting the group’s intensive experience in the hotel industry, and determination to ensure alignment, transparency, accountability and performance.
“We understand that a successful hotel is not just about buildings. It is about disciplined management, strong oversight, brand integrity, and a shared commitment to excellence.
“Part of our firm’s responsibility is to ensure that the hotel is delivered, operated, and managed in a manner that protects and announces the owner’s investment, while fully supporting Radisson in achieving operational excellence”, he said.
The Edison boss assured that working closely with Radisson and NCDMB’s team, the Radisson Hotel and Conference Center, Yenagoa will become the leading hospitality and conference destination in Bayelsa State, saying it is catalyst for business and investment, and a symbol of quality professionalism and international standards.
He emphasized that the firm has had wonderful successes with Radisson in other locations, even achieving 95% occupancies, noting that the company’s approach is to strengthen governance, support performance, and ensure the interests of the owners are always safeguarded.
“This project represents more than a hotel. It represents a partnership, a trust, and a long-term vision for sustainable value creation. We thank Radisson for its global expertise and operational excellence.
“Edison is fully committed to ensuring that the asset performs strongly, operates efficiently, and delivers lasting value to its owner”, the firm said.
In his speech, the Attorney-General of the Federation Chief Lateef Fagbemi, SAN, representative by Mr. Wada Ahmed Wada described the signing ceremony as historic and wished the parties success in their business relationship.
By Ariwera Ibibo-Howells, Yenagoa
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FG engages foreign investors at PEBEC Roundtable on business environment reforms

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Senior government officials and foreign investors operating in Nigeria met in Abuja on Thursday as the Presidential Enabling Business Environment Council (PEBEC) convened the Third Existing Foreign Direct Investors (FDI) Roundtable to address challenges affecting the country’s investment climate.
The high-level engagement, held at the Banquet Hall of the Presidential Villa, brought together top policymakers and representatives of foreign companies for discussions aimed at improving Nigeria’s business environment and strengthening investor confidence.
The roundtable forms part of PEBEC’s efforts to deepen collaboration between government institutions and the private sector while ensuring that ongoing reforms translate into tangible improvements for investors already operating in the country.
Opening the session, Senator Ibrahim Hadejia, Deputy Chief of Staff to the President, welcomed participants on behalf of the Vice President and Chairman of PEBEC, reiterating the Federal Government’s commitment to maintaining a stable and transparent business environment that supports investment and economic growth.
In her remarks, the Director-General of PEBEC, Princess Zahrah Mustapha Audu, said the council remains committed to sustained engagement with investors and coordinated implementation of reforms across government agencies.
She noted that existing foreign investors play a critical role in Nigeria’s economic development through job creation, capital investment, technology transfer, and supply chain development.
According to her, PEBEC’s engagement strategy prioritises listening to investors already operating in the country in order to identify and address operational challenges affecting their businesses.
The roundtable featured presentations and interactive discussions with senior government officials responsible for regulatory and policy frameworks affecting investors.
Among them were the Executive Chairman of the Nigeria Revenue Service, Dr. Zacch Adedeji; the Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi; and the Inspector-General of Police, IGP Olutunji Rilwan Disu.
Also participating virtually was Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms and Minister of State for Finance-designate, who spoke on ongoing fiscal and tax reform initiatives aimed at improving tax certainty and strengthening revenue administration.
During the discussions, investors raised technical questions and shared insights on issues relating to security, tax administration, customs procedures and fiscal policy reforms.
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MAN warns against illegal recycling of File photo

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The Manufacturers Association of Nigeria has warned against the illegal destruction and recycling of returnable packaging materials belonging to beverage companies, following a recent police crackdown on illegal factories in Anambra State.
Earlier in February, the Nigeria Police Force, working with beverage manufacturers, reportedly raided several illegal facilities in Onitsha and surrounding areas, where individuals allegedly destroyed returnable glass bottles and plastic crates belonging to beverage companies.
In a statement on Friday, the Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, condemned the destruction of these packaging materials as unauthorised and economic sabotage against businesses, and hailed the efforts of the police and regulatory agencies.
“The recent raid is the outcome of sustained engagements and intelligence-led investigations and represents a decisive step by authorities to protect legitimate business operations, uphold environmental standards, and deter further illegal activity,” Ajayi-Kadir said.
The MAN DG described the practice “as criminal and a serious economic sabotage… as assets remain the property of beverage companies that have invested heavily in these sustainable packaging materials to protect the environment”.
According to a Vanguard News report, the Executive Secretary of the Beer Sectoral Group of the Manufacturers Association of Nigeria, Abiola Laseinde, commenting on the February crackdown on alleged factories in Anambra, stated that, “The recent raid is the outcome of sustained engagements and intelligence-led investigations… a decisive step by authorities to protect legitimate business operations, uphold environmental standards and deter further illegal activity.”
Ajayi-Kadir confirmed the earlier news reports, affirming that the police acted on credible intelligence to dismantle illegal operations involving the theft, destruction, and unauthorised recycling of companies’ returnable packaging materials.
He stated that the association received reports from member companies that some factories were destroying company-owned bottles and crates for resale as raw materials, resulting in businesses losing millions of naira in investments.
“The police, working with member companies, acted on credible intelligence and stormed the factories to crack down on illegal disposal, theft, and unauthorised recycling of the returnable packaging materials of the affected companies, notably returnable glass bottles and plastic crates,” Ajayi-Kadir said.
Ajayi-Kadir added that investigations revealed that large quantities of bottles and crates were diverted from legitimate channels into informal recycling networks across the South-East.
“Member companies identified multiple illegal locations in the South-East where they crush our bottles and crates for resale as raw materials, while police investigations showed that significant quantities were being diverted from legitimate channels into informal recycling networks,” MAN’s DG said.
He noted that in several cases, reusable bottles were deliberately broken and plastic crates shredded and sold as raw materials, thereby undermining beverage companies’ circular packaging model.
He remarked, “These Returnable Packaging Materials are company-owned assets designed for multiple reuse cycles and form a critical part of their sustainability, cost-efficiency, and product quality systems. It’s a criminal activity to destroy them.”
Meanwhile, Ajayi-Kadir warned those involved in the illegal practice to desist, stressing that the association would continue to collaborate with law enforcement agencies to ensure offenders face the full weight of the law.
He added that beyond the direct loss of assets, the activities disrupt supply chains, raise operational costs and pose environmental and safety risks due to unsafe recycling practices.
MAN urged relevant government agencies to intensify efforts against the illegal diversion and destruction of returnable packaging materials outside the beverage industry’s value chain.
MAN’s DG also called on members of the public to report suspicious activities to the police or to the consumer care lines of beverage companies.
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