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Firm invests $3m in Made-In-Delta initiative

Posted by thetidenews on 2006/07/19 | Views: 322 |

Firm invests $3m in Made-In-Delta initiative

A furniture company, Woodland (Nigeria) Limited has invested about $.3million in Made-ln-Delta initiative for the mass production of school furniture.....

A furniture company, Woodland (Nigeria) Limited has invested about $.3million in Made-ln-Delta initiative for the mass production of school furniture.

The initiative, according to the Chief Executive Officer of the company, Patrick Omatseye, is in response to government heart-beat on local content and indigenisation policy. Omatseye also stated that the private Initiative was in pursuant of the Ibori administration’s desire to create an enabling environment for self employment, job creation and increased capacity utilisation.

He said that the initiative has generated a high demand for labour and the it presently employs no less than 200 hires, as the company embarked in upgrading of its manufacturing facilities and in the procurement of new and better machinery.

The Woodland Chief Executive submitted that it the Delta State government’s introduction of the Made-ln-Delta initiative that has challenged his company to embark on the massive development and expansion projects.

“By this ingenious initiative, the Chief James Ibori administration has taken giant strides in its efforts to create new jobs, reduce unemployment and curb youth restiveness in the state.Sapele and its environs are now better for it”, Omatseye intoned.

While inviting the state government on a facility visit to its Sapele factory, the CEO said that with the ongoing capacity building in Woodland, the company is proactively positioned to partner with the state government in the mass production of school furniture across the state.

Meanwhile, Governor James Ibori is billed to grace the Nigerian Economic Society (NES) Conference holding in Calabar as Special Guest of Honour and is expected to deliver a paper titled: “Employment Generation Initiative
- The Delta Experience”.

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Comments (3)

Okfold(Sobe, Edo, Nigeria)says...

I want the meaning of female owan name Ekeke (Edo state)

Toluwalase Samuel Olufemi(Ijebu, Ogun, Nigeria)says...

Authority belongs to God, once He decrees it is final and binding

Ikponmwosa Osamede(Edo, Nigeria)says...

Your meaning of Osamede is wrong. Osamede means God has given me a crown