Business
Imo To Revive Three Moribund Industries
The Imo Government has an
nounced plans to revive three moribund industries established by the first civilian administration of the state, late Chief Sam Mbakwe, about thirty-three years ago.
The Tide source recalls that Mbakwe who ruled Imo from 1979 to 1983, established more than 10 industries across the old Imo which included the present Imo, Abia and part of Ebonyi.
In a statement, Mrs Ugochi Nnanna-Okoro, the state Commissioner for Industry and Non-Formal Sector, identified the industries to be revived as Resin Paint Industry, Aboh Mbaise; Avutu Poultry, Obowo, and Paper Packaging Industry, Owere Ebiri Orlu.
The statement signed by Mr Kennedy Amanze, the Public Relations Officer of the ministry and made available to newsmen in Owerri, said that the ministry was already in contact with the Nigeria Deposit Insurance Corporation on the matter.
It said that successive administrations in Imo were unable to manage the industries established by the Mbakwe administration.
“Gov. Rochas Okorocha’s aim in reviving these industries is to enhance the economic development of Imo.’’
The statement quoted the commissioner as saying that the motive of the state in reviving the moribund industries was to create employment in the state as well as to check the involvement of youths in social vices.
According to the statement, Imo government under Okorocha is attracting foreign industrialists as a way to expand the state’s economy and create more employment opportunities.
It urged the people of the state and members of staff of the ministry to key into the vision of Okorocha’s administration to turn around the economy of the state.
He advised members of staff of the ministry to make dedication and honesty their watchwords, adding that hard working members of staff would be rewarded.
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