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Nairaland Forum / Nairaland / General / Politics / Osinbajo Commissions Beloxxi Industries Expansion (1822 Views)
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Osinbajo Commissions Beloxxi Industries Expansion by Mkmoney(m): 12:38pm On Feb 08, 2018 |
OSINBAJO COMMISSIONS BELOXXI INDUSTRIES EXPANSION Vice President Yemi Osinbajo will today commission the Second Phase Expansion Project and lay the Foundation Stone of the Third Phase Expansion Project of the Beloxxi Industries Limited, Agbara, Ogun State. A statement by the President/CEO of Beloxxi, Obi Ezeude, indicated that the mega project by the company will be the second and third phases of the mega biscuits plant that started some 14 years ago. Ezeude is The Sun Manufacturer of the Year 2017 award winner whose investiture would hold on February 24. In September 2010, President Goodluck Jonathan had commissioned the mega factory in Agbara after it moved from Ikeja Lagos where it operated a single production line to the four production lines in Agbara. Few years after, the factory with a workforce of 2500 added two production lines. And today, the expansion would be additional four production lines that bring the facility to a total of 10, with target employment volume of 6000 workers by the end of the phase. Beloxxi, a purely indigenous biscuit manufacturing plant with specialty in cream crackers, is a project of necessity that arose when the Federal Government banned biscuits import in 2003. On August 1, 2016, Beloxxi became a public quoted firm with minority shareholding of $80million sold to prime German and European investment bank, KFW-DEG, the 4Miles of London and the African Capital Alliance of Nigeria. This landmark transaction represents the largest transaction in the biscuit sector of the Nigerian economy. Ezeude stated: “This commissioning today will enable the company to increase the capacity of output from about 40,000 to 100,000 metric tonnes of cream crackers per annum, while the staff strength will grow from 2500 to 6000 at the end of the expansion period, and with expansion from the current six production lines to 10. Source; http://sunnewsonline.com/osinbajo-commissions-beloxxi-industries-expansion/ |
Re: Osinbajo Commissions Beloxxi Industries Expansion by 9icest: 12:50pm On Feb 08, 2018 |
The stupydest governor in Nigeria is Amosun. Even osibanjo will shake his head pathetically at this fool because agbara alone generates 40% of the states IGR and the foolish governor didnt fix it's terrible road. Meanwhile the bastard is even expanding two and four lanes road that are perfect in abeokuta to ten lanes all because of his several hotels investment. What a joke of a leader. 3 Likes |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Mkmoney(m): 12:56pm On Feb 08, 2018 |
True talk agbara is the business hub of Ogun state |
Re: Osinbajo Commissions Beloxxi Industries Expansion by ifex370(m): 1:12pm On Feb 08, 2018 |
Re: Osinbajo Commissions Beloxxi Industries Expansion by ifex370(m): 1:12pm On Feb 08, 2018 |
9icest: You stay in Ogun? |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Mkmoney(m): 1:17pm On Feb 08, 2018 |
ifex370:Yeah near there |
Re: Osinbajo Commissions Beloxxi Industries Expansion by ifex370(m): 1:26pm On Feb 08, 2018 |
Mkmoney: Please don't be offended.. How much do they pay their corpers and is Ogun a good alternative for someone to serve in rather than Lagos? I mean for opportunities for someone that major in engineering |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Obinwenite(m): 1:32pm On Feb 08, 2018 |
CEO Obi ezeude Location: Ogun state Staff strength: from 2500 to 6000 This is one out of thousands.So when next you look at the high IGR,bear it in mind that is a collective contribution from different people all across Nigeria. 3 Likes |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Omololu2121: 1:36pm On Feb 08, 2018 |
Obinwenite:mtcheww Let him go and build his factory in maduguri |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Omololu2121: 1:37pm On Feb 08, 2018 |
9icest:I don't know why he can't fix the roads at agbara |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Mkmoney(m): 1:40pm On Feb 08, 2018 |
ifex370:Don't know how much they pay corpers bt i think Ogun state has the highest number of industries from Beloxxi to Nestle to Unilever etc |
Re: Osinbajo Commissions Beloxxi Industries Expansion by ifex370(m): 1:45pm On Feb 08, 2018 |
Mkmoney: Just what I thought.. I've being weighing in on the 2 options for a while now.. But Lagos congestion and traffic is not the kind of life I think I can live.. Thanks |
Re: Osinbajo Commissions Beloxxi Industries Expansion by hornyofife: 2:21pm On Feb 08, 2018 |
Ndi Igbo are doing fine...Igbo Amaka 1 Like |
Re: Osinbajo Commissions Beloxxi Industries Expansion by kettykings: 2:26pm On Feb 08, 2018 |
Igbos now own the largest Online Ecommerce firm and the largest Biscuit factory in West Africa , God be praised. On August 1, 2016, Beloxxi became a public quoted firm with minority shareholding of $80million sold to prime German and European investment bank, KFW-DEG, the 4Miles of London and the African Capital Alliance of Nigeria. |
Re: Osinbajo Commissions Beloxxi Industries Expansion by kettykings: 2:28pm On Feb 08, 2018 |
Obinwenite: Igbos Generate most of the IGR that Ogun and lagos flaunt about , from the banking , to the Manufacturing and services , Igbo transport companies like Ekene, ABC, Peace Mass Transit , God Is Good etc Generate more Revenue than the Lagos and Ogun IGR |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Lipscomb(m): 2:36pm On Feb 08, 2018 |
if the guy see this your comment? he will shot you because he no send you mischievous.. Obinwenite: |
Re: Osinbajo Commissions Beloxxi Industries Expansion by MrNigeria2018: 2:36pm On Feb 08, 2018 |
Obinwenite: Stark illiterate from erosion ravaged region beating his empty chest again Being a CEO of a company doesn’t make you the owner of the business, though your stake in the business may be high... |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Anambra1stSon(m): 2:43pm On Feb 08, 2018 |
MrNigeria2018:Od.e Obi Ezeudu is the owner of Beloxxi 1 Like
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Re: Osinbajo Commissions Beloxxi Industries Expansion by Nobody: 3:08pm On Feb 08, 2018 |
Am I the only one who noticed that Igbo's are doing fine in this Buhari era, afonjas suffers most, so pathetic......... that's what wickedness can do.... go to osun and pity afonja 1 Like |
Re: Osinbajo Commissions Beloxxi Industries Expansion by Mkmoney(m): 3:37pm On Feb 08, 2018 |
post=64892474:I think he owns beloxxi |
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