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Procter & Gamble's new manufacturing plant in Nigeria

27 Jul '12

2 min read

Determined to sustain the tempo and interest already shown by investors to locate their industrial concerns and woo others, the Ogun State Government has reiterated that it will continue to give necessary incentives and encouragement to genuine local and foreign investors wishing to operate in the State.

The State Governor, Senator Ibikunle Amosun made this position of government known at the ground-breaking ceremony of a multi-billion naira new manufacturing plant of Procter and Gamble located at Agbara in Ado/Odo Ota area of the State.

Governor Amosun who spoke through his Commissioner for Commerce and Industry, Otunba Bimbo Ashiru assured that his administration would continue to play its expected role as a catalyst for industrial development through the provision and improvement of infrastructural facilities.

He listed some of the various incentives already put in place to include a new land policy which gives generous discounts as high as 80% to investors in need of land, road rehabilitation, electricity supply and provision of adequate security.

The Governor charged the investors to reciprocate this gesture through prompt payment of their levies, taxes and also support their immediate communities through provision of social amenities and other developmental projects.

“As an administration, we have absolute confidence in the ability of the private sector to give impetus to the socio-economic development of our State. Therefore, our economic policy and development agenda in the last one year have been focused on private sector-led growth”, Amosun said. In his welcome address, the Managing Director, Procter and Gamble Nigeria, Mr. Manoj Kumar disclosed that the new plant was a demonstration of the company's willingness to partner with the transformation agenda aimed at further industrializing Nigeria and make it one of the 20 leading economies by year 2020.

Ogun State Govt

Industrial Textiles

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Procter & Gamble's new manufacturing plant in Nigeria

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