H

I know Oluwa Glass very well... The workers dey enjoy that time o, it was like working in all these foreign companies. Very popular in the south west... The government ruined the place.. Very Sad!

Pointblank09:
This will resurrect the moribund economic activities in Okitipupa, Igbokoda and environment if it is not a paper and television dividend of democracy


FTC

Exactly. I think there is one big vegetable oil company there too

Well I pray it works out

But

nig needs spiritual cleansing, all the raw material is here but we are importing

Is that not a curse

Generalkorex:

Exactly. I think there is one big vegetable oil company there too

Yes... Okitipupa palm oil industry. That place was booming seriously, as in money dey flow and the workers were really having good time. My grandmother was a distributor...and she made a lot of money. Chai! Naija leaders are evil. They brought the place down with corruption.

adelaja70:

Yes... Okitipupa palm oil industry. That place was booming seriously, as in money dey flow and the workers were really having good time. My grandmother was a distributor...and she made a lot of money. Chai! Naija leaders are evil. They brought the place down with corruption.

we were blessed with everything except good and visionary leaders. The day the driver was talking about the companies ehn I no fit just cry. Now, na so so filling station full that side.

Generalkorex:
we were blessed with everything except good and visionary leaders. The day the driver was talking about the companies ehn I no fit just cry. Now, na so so filling station full that side.

Na true my brother... Very Sad.

OndoFirstBorn:
• As German Company Set To Resuscitate Glass Production In Ondo After Building Oluwa Glass 35 Years Ago

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has decried importation of glass into the country despite the huge availability of the needed raw materials for its production in the Sunshine state.

The Governor recalled that when the Moribund Oluwa Glass was functional, it was supplying the then Peugeot glasses for windscreen and mirror as part of the production of the vehicles.

Governor Akeredolu spoke in his office on Thursday while receiving investors from the Horn Glass Industries from Germany led by the Chief Executive Officer, Mr Stephan Meindl.

The CEO/Chairman, ZMP Industries Limited, Mr Rotimi Ogunsanmi, was also on the investors entourage.

The Ondo State Government had signed a Public Private Partnership agreement with the ZMP Industrial Limited for the establishment of 600 Tonnes per day capacity float glass factory in Igbokoda, Ilaje Local Government Area of the state.

The technical partner for the project, Horn Glass Industries, built Oluwa Glass over 35 years ago.

Receiving the investors in his office, Governor Akeredolu said there is no better company to establish glass factory in the state than the Horn Glass Industries having been involved with the establishment of the Oluwa Glass over three decades ago.

He said: "You are involved with Oluwa Glass and you are the one that built it. I don’t think there is a better company to start a new state-of-the-art Glass Company than you.

“Importation of glass into this country is unfortunate. Oluwa Glass was the one supplying Peugeot windscreen and glass. But government involvement in Oluwa Glass killed it.

“But today, we have equity participation. We are not going to stiffen anyone who is interest in developing the state. Our participation will be minimal so as to make it effective.”

Governor Akeredolu charged the investors to be time conscious, adding that time is of the essence.

“Time is of essence. We are running against time. Please start now. Undoubtedly, we are waiting. The state will be glad to have a glass factory back after 35years,” he noted.

Horn Glass Industries Chief Executive Officer, Mr Stephan Meindl, said his firm is ready to establish the glass factory with modern technology and unwavering commitment.

The Secretary, Ondo State Development and Investment Promotion Agency, Emmanuel Omomowo, who explained the process and terms of the Memorandum of Understanding (MoU) signed, said the Sunshine state is endowed with Silica Sands which has a the raw material needed for the glass production.

“We need to bring in high-net-worth investors to actually collaborate with the state to develop our silica resource and the value of this investment is over 250 Million Euros and when it is converted to Naira, it is over 162 Billion Naira.

“The State Government in this project is having the stake of over 20% while the investor, ZMP Industrial Ltd. has 80% and ZMP Industrial Ltd. is also working in collaboration with a renowned technical partner called Horn Glass Industries.

“That the technical partner, Horn Glass Industries was the one that built Oluwa Glass and now they are coming now to build a new green field glass factory and because it is a joint venture and we have an SPV, Special Purpose Vehicle to drive it.

“It will create a lot of employment, we can talk of investment value that is worth over 160billion that is coming to the State. It will also have other multiplier effects within the State, it is going to enhance our economy, it is going to create job employment, expand our revenue business.

“It is a great deal that is actually coming to the State. And going through their profiles, they have the technical expertise. That is why we are talking of project reference that Oluwa Glass developed over 30 years ago which is going to be built again with newer technology, with a better approach. So, it is a good deal for the State,” he said.

Richard Olatunde
Chief Press Secretary to the Governor of Ondo State.
September 23, 2021.

https://www.facebook.com/100044230756186/posts/408527150631640/?app=fbl

God bless Gov. AKETI.

Beside any update on the process of Bitumen exploration @Irele??

that is way to go Mr governor. there are many dead and abondon company in Nigeria. like textile company in zamfara State that years this company employed so many people ranging from ginery, spinning, weaving, fire servicing, security, cleaners etc was accommodating, my senior brother was supervisor/engineer in weaving department that time but all of sudden this company fold up because of obasanjo selfish policy, wind-up, all this Chinese company from zamfara, kaduna, and Kano all own by one Chinese man but becos of the greedy nature of our leaders, that is how this company retrench all the worker and close up till date, company that is running three shifts. since them no governor or president can even think go that direction to open it, and reduce unemployment.

Southern states opening businesses to increase their IGR and VAT while the northern states wait to share from the VAT

Generalkorex:

Exactly. I think there is one big vegetable oil company there too

Did you mean JOF oil?

MrMaestro:
The man is not only politically savvy, but economically savvy as well. This is what we need from all of our leaders. May God ok continue to bless him and give him wisdom to properly lead.

Without paying salary of teachers maybe you are not living in Ondo State

Good one Mr Talk And Do. My Governor Akeredolu

drlaykay:
Ondo State needs to wake up. There are lots of natural resources lying fallow in the state.

Btw, has the bitumen factory started production or was it all election stunt?

The problem is that the federal character thingy limits what states can do with their available resources. All the states have resources, but the states are handicapped when it comes to harnessing them because of the so much power FG wields, hence the need for restructuring to allow states look inward.

I remember about 8 years ago, during the tenure of governor mimiko my friend company bought all the heavy heavy duty moribund machineries in Oluwa glass company. They cut them to sizes and shipped abroad, they made millions of naira from the deal.

My parents bought shares for me at birth in Oluwa Glass company. May all those who ran aground the company be struck with thunder in their graves in Jesus name.

OndoFirstBorn:
• As German Company Set To Resuscitate Glass Production In Ondo After Building Oluwa Glass 35 Years Ago

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has decried importation of glass into the country despite the huge availability of the needed raw materials for its production in the Sunshine state.

The Governor recalled that when the Moribund Oluwa Glass was functional, it was supplying the then Peugeot glasses for windscreen and mirror as part of the production of the vehicles.

Governor Akeredolu spoke in his office on Thursday while receiving investors from the Horn Glass Industries from Germany led by the Chief Executive Officer, Mr Stephan Meindl.

The CEO/Chairman, ZMP Industries Limited, Mr Rotimi Ogunsanmi, was also on the investors entourage.

The Ondo State Government had signed a Public Private Partnership agreement with the ZMP Industrial Limited for the establishment of 600 Tonnes per day capacity float glass factory in Igbokoda, Ilaje Local Government Area of the state.

The technical partner for the project, Horn Glass Industries, built Oluwa Glass over 35 years ago.

Receiving the investors in his office, Governor Akeredolu said there is no better company to establish glass factory in the state than the Horn Glass Industries having been involved with the establishment of the Oluwa Glass over three decades ago.

He said: "You are involved with Oluwa Glass and you are the one that built it. I don’t think there is a better company to start a new state-of-the-art Glass Company than you.

“Importation of glass into this country is unfortunate. Oluwa Glass was the one supplying Peugeot windscreen and glass. But government involvement in Oluwa Glass killed it.

“But today, we have equity participation. We are not going to stiffen anyone who is interest in developing the state. Our participation will be minimal so as to make it effective.”

Governor Akeredolu charged the investors to be time conscious, adding that time is of the essence.

“Time is of essence. We are running against time. Please start now. Undoubtedly, we are waiting. The state will be glad to have a glass factory back after 35years,” he noted.

Horn Glass Industries Chief Executive Officer, Mr Stephan Meindl, said his firm is ready to establish the glass factory with modern technology and unwavering commitment.

The Secretary, Ondo State Development and Investment Promotion Agency, Emmanuel Omomowo, who explained the process and terms of the Memorandum of Understanding (MoU) signed, said the Sunshine state is endowed with Silica Sands which has a the raw material needed for the glass production.

“We need to bring in high-net-worth investors to actually collaborate with the state to develop our silica resource and the value of this investment is over 250 Million Euros and when it is converted to Naira, it is over 162 Billion Naira.

“The State Government in this project is having the stake of over 20% while the investor, ZMP Industrial Ltd. has 80% and ZMP Industrial Ltd. is also working in collaboration with a renowned technical partner called Horn Glass Industries.

“That the technical partner, Horn Glass Industries was the one that built Oluwa Glass and now they are coming now to build a new green field glass factory and because it is a joint venture and we have an SPV, Special Purpose Vehicle to drive it.

“It will create a lot of employment, we can talk of investment value that is worth over 160billion that is coming to the State. It will also have other multiplier effects within the State, it is going to enhance our economy, it is going to create job employment, expand our revenue business.

“It is a great deal that is actually coming to the State. And going through their profiles, they have the technical expertise. That is why we are talking of project reference that Oluwa Glass developed over 30 years ago which is going to be built again with newer technology, with a better approach. So, it is a good deal for the State,” he said.

Richard Olatunde
Chief Press Secretary to the Governor of Ondo State.
September 23, 2021.

https://www.facebook.com/100044230756186/posts/408527150631640/?app=fbl

Goodnews especially for my Ilaje people.

Glass sand abounds in Ogun and Ondo states.. Making glass is as easy as anything. When glass sand is melted to certain temperatures. The sand will become liquid. That will be casted into moulds.. The colors the glass comes with are just dyes.. Nigeria especially the south west is blessed.. But innovative and foresight are lacking amongst our leaders

Davoneskay:


Did you mean JOF oil?

I can't remember the name.

,,

Good news to ondo state people particularly the ilajes

DEEBOZZ:

Why can't you make your opinion without mentioning the North for once?
All these blame game can't help us as a Nation.

Mr Man, the North is simply just being lazy, wicked and pretend as if no mineral resources are not deposited for exploitation. Always waiting for oil money, Vat generated from the Southern part of the Country. Can you just mention one thing that has contributed to the national economic from the North?.

DEEBOZZ:

Why can't you make your opinion without mentioning the North for once?
All these blame game can't help us as a Nation.

Mr Man, the North is simply just being lazy, wicked and pretend as if no mineral resources are deposited for exploitation. Always waiting for oil money, Vat generated from the Southern part of the Country. Can you just mention one thing that has contributed to the national economic from the North?.

And fed govt will come for VAT collection to be use in the north to build dry port and Navy base in the desert