Ekiti State Governor, Dr. Kayode Fayemi has charged the management of O’dua Investment Company to ensure that the recently resuscitated Ire Burnt Bricks factory, in Ire-Ekiti is run as a business concern rather than a charity organisation.
The Governor who gave the charge in Ado- Ekiti on Monday while receiving the new Group Managing Director of the company, Mr. Raji Adewale, stated that the factory should not be seen as a charity organization that will be making free donation of blocks to governmental agencies.
It is recalled that Ire burnt brick factory was moribund for more than 20 years until the Fayemi-led government came on board and revived it in 2013.
Governor Fayemi asserted that his administration is committed to leaving behind a functional profitable business that will add value to the people, even as the factory has commenced recruitment of about 1,000 direct workers.
While congratulating the new GMD on his appointment, Fayemi opined that the new manager would be placed on better footing in the interest of the people of the owner States.
He stated that Odua Investment is not a political programme but a business and development initiative driven by professionalism.
In his remarks, the new Group Managing Director, Mr Adewale disclosed that the brick factory will begin full production on 29th September and will be commissioned in October to commence commercial production thereafter.
He assured that the factory would be properly managed so that it can develop and take over the burnt bricks market in Nigeria.
Last modified: August 26, 2014