₦airaland Forum

This country sha ..quite sad

Thanks for sharing

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

Those are bats hanging on the wall

Wow! This is a real case study, thanks for this, I was about researching what happened to the company

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

U better leave there before it get dark

Zombies will soon wake up

Search online for her. I bet she'll be tickled to no end, seeing this. I know I would.

Raydos:
Out of everything, the biggest surprise was finding a sticker celebrating a baby born in 1993 (33 years ago) It was a bit of a shock realizing she’s significantly older than I am!

Looking at it made me wonder where she is today. It really puts life into perspective—nothing is permanent, and the kids of yesterday are the adults of today. It's a powerful reminder to make every moment count. Nobody lives forever

If they had secured a repayment extension or raised fresh capital, they might have avoided the situation.

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

GodHimself:
If they had secured a repayment extension or raised fresh capital, they might have avoided the situation.

Maybe we should use this as a classroom case study at Lagos Business School or our higher education schools. Professors, lecturers and researchers, take note. Most of what Nigerians study are UK, Indonesia, US and foreign places not what does not work in their own country. Manufacturing is a problem in the country based on THREE issues:

1. NO CONSISTENT POWER SUPPLY
2. UNFAVOURABLE GOVERNMENT POLICIES or LACK OF STRATEGIC SUPPORT
3. BAD MANAGEMENT (INTERNAL)

Nigeria's ceramic market is currently driven by a projected $2.1 billion USD import demand, with China supplying over 82% of the country's needs. Again, production over consumption or import.

Hmm...LBS Alumnus

SixSeven:
Maybe we should use this as a classroom case study at Lagos Business School or our higher education schools. Professors, lecturers and researchers, take note.

This is the type of location good for movie shoot

Oju4190:
U better leave there before it get dark

Zombies is real

Lol, i am not scared

Raydos:
Out of everything, the biggest surprise was finding a sticker celebrating a baby born in 1993 (33 years ago) It was a bit of a shock realizing she’s significantly older than I am!

Looking at it made me wonder where she is today. It really puts life into perspective—nothing is permanent, and the kids of yesterday are the adults of today. It's a powerful reminder to make every moment count. Nobody lives forever

I think she once worked with shell as a process Engineer

Nice background info

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

Safe to say government ineptitude killed the company.

Good one

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

Nigeria is really a messed up country. Seems this light issues are really well planned by the so called big men that imports in other to keep their business going. Now see where it landed many companies. Assuming we have a fantastic stable lights, you can imagine how Nigerians would have been so creative in building mini industries that are really working and employs a lot of people.
Stable Light seems it is a curse to Nigeria. And again not to talk of banks that are not friendly for business owners. They will rather let your business suffer than rescue the business further. Instead of resolving it amicably they will rather see it rot to proof they are in charge. Don't let us talk about the so called the rubbish legal systems that will need 20 years to solve a simple legal problem. From high court to appeal to supreme.... common, who even started that nonsense?

callmeDDD:
Nigeria is really a messed up country. Seems this light issues are really well planned by the so called big men that imports in other to keep their business going. Now see where it landed many companies. Assuming we have a fantastic stable lights, you can imagine how Nigerians would have been so creative in building mini industries that are really working and employs a lot of people.
Stable Light seems it is a curse to Nigeria. And again not to talk of banks that are not friendly for business owners. They will rather let your business suffer than rescue the business further. Instead of resolving it amicably they will rather see it rot to proof they are in charge. Don't let us talk about the so called the rubbish legal systems that will need 20 years to solve a simple legal problem. From high court to appeal to supreme.... common, who even started that nonsense?

there are people benefiting from the lack of stable electricity because they want to sell their diesel and generators

Gentlesniper:
I think she once worked with shell as a process Engineer

Are you really serious about this? I would really like her to see this sticker

Very interesting. Especially that maltina calendar because I was born 94 and my birthday na Friday. Very interesting

Jamesmatic:
Very interesting. Especially that maltina calendar because I was born 94 and my birthday na Friday. Very interesting

Oh really? I was surprised too, how time flies

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

interesting back story, take way, Nigeria's manufacturing suffers set backs largely because of poor energy generation.

SixSeven:
Maybe we should use this as a classroom case study at Lagos Business School or our higher education schools. Professors, lecturers and researchers, take note. Most of what Nigerians study are UK, Indonesia, US and foreign places not what does not work in their own country. Manufacturing is a problem in the country based on THREE issues:

1. NO CONSISTENT POWER SUPPLY
2. UNFAVOURABLE GOVERNMENT POLICIES or LACK OF STRATEGIC SUPPORT
3. BAD MANAGEMENT (INTERNAL)

Nigeria's ceramic market is currently driven by a projected $2.1 billion USD import demand, with China supplying over 82% of the country's needs. Again, production over consumption or import.

Yet, the number one culprit; Margin Call, Without a good margin a good business dies and can't survive import pressure.

WantsandMore:
You the number one culprit; Margin Call, Without a good margin a good business dies and can't survive import pressure.

I am aware that the management of a company too can make bad decisions but there is an article that The Guardian produced that can give everyone an idea about this industry. We have to be honest, our government has been failing the manufacturing sector. They need all the support they can get because they alone can help employ a lot of people and reduce unemployment. The Chinese coming in have government support that's why our problems look like chicken change to them, government is actively supporting them. Are our governments doing that?


1. How to revamp Nigeria's moribund ceramic industry, by Oaikhinan
Jul 27, 2015

https://guardian.ng/business-services/how-to-revamp-nigerias-moribund-ceramic-industry-by-oaikhinan/

2. ‘Why Nigeria is missing out in $408b global ceramic industry’ By : Kingsley Jeremiah
Date: 22 June 2017 5:15am WAT

https://guardian.ng/business-services/why-nigeria-is-missing-out-in-408b-global-ceramic-industry/

3. Experts urge FG to develop $47.7b ceramics market
By : Victor Gbonegun
Date: 2 December 2019 4:04am WAT

https://guardian.ng/property/experts-urge-fg-to-develop-47-7b-ceramics-market/

I

SixSeven:
Exactly what came to my mind. I am just surprised by the OP saying the 1993 person is that old


Nigergrob Ceramics Limited was a notable ceramic manufacturing industry located in Abeokuta, Ogun State, Nigeria. Established in the 1980s, the company became the subject of major Nigerian corporate and legal cases, including a landmark receivership case (U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd) regarding the extent of receiver and director powers. Financial distress and that litigation eventually led to its closure, turning it into a textbook legal authority for Nigerian corporate insolvency frameworks under the Companies and Allied Matters Act (CAMA).



Story of their death:
In the early 1980s, Nigeria was trying hard to build up its local industries. A company called Nigergrob Ceramics built a big factory in Abeokuta, Ogun State. Their plan was to make floor tiles, wall tiles, and bathroom sinks locally because the construction business was booming. To buy all their heavy machinery and set up the factory, they borrowed a huge amount of money from United Bank for Africa. The bank managed this loan through U.B.A. Trustees Limited. As security for the loan, Nigergrob signed a contract that gave the bank the right to seize the factory and all its equipment if they failed to pay the money back.


Everything started well, but the late 1980s and 1990s brought tough economic times. The national power grid became very unreliable. Ceramic factories need their ovens to run constantly, so Nigergrob had to spend a lot of money on diesel generators. At the same time, the cost of raw materials went up, and they could not find local technicians to fix their complex machines. Production stopped, and the company completely ran out of money. Since Nigergrob could not pay back its debt, U.B.A. Trustees stepped in, locked the factory gates, and hired a legal manager called a receiver to take over everything and sell it off to get the bank's money back.


The original owners and directors of Nigergrob refused to leave quietly. They took the bank to court, arguing that the bank had no right to strip them of their authority. This became a famous legal battle called U.B.A. Trustees Ltd v. Nigergrob Ceramics Ltd. The case went all the way to the Court of Appeal. The judges finally ruled that when a bank takes over a broke company, the bank's manager gets full control of the business and the assets, but the original directors still keep a few basic rights, like the power to fight the takeover in court. Sadly, while the lawyers argued for years, the expensive factory equipment just sat there and rusted. Nigergrob never reopened, and the factory in Abeokuta remains abandoned to this day.
Nigergrob Ceramics died because the bank seized their factory over unpaid debts, while severe power outages and a crashing Naira made manufacturing too expensive to survive.

This would make a good business study for a post grad class.
Lessons learned and what could have been done

Some things that comes to mind are
Nigergrob getting partners so business is shared
Possible future plans to set up their own power plant/source. Especially since just 7 yrs after the closed in 2014 the changes in the electricity act allowed for companies to do that
Then they shouldn't have gone to court with UBA

2007 is not a long time ago.

I recall on a trip from Osun to Ibadan I saw a few factories like this along the back roads closer to Ibadan around the Iwo aide

Raydos:
Driven by my usual adventurous streak, I headed out today to explore an old, abandoned ceramic factory near my place. I first learned about it from a local elderly woman, who told me it opened back in 1974 (exactly 52 years ago) and that her husband used to work there in the 80's

She shared a bunch of stories about how lively the place used to be, bustling with all kinds of people earning a living before it finally shut its doors around 2007.

Listening to her gave me this irresistible urge to sneak inside. I just had to explore it and get a firsthand sense of what it felt like when the machines were running, how the employees worked, and what their daily lives were like.

Commit trespassing

Post account and evidence of said tresspasing on Social media.

You can't fix stupid.

SixSeven:
Maybe we should use this as a classroom case study at Lagos Business School or our higher education schools. Professors, lecturers and researchers, take note. Most of what Nigerians study are UK, Indonesia, US and foreign places not what does not work in their own country. Manufacturing is a problem in the country based on THREE issues:

1. NO CONSISTENT POWER SUPPLY
2. UNFAVOURABLE GOVERNMENT POLICIES or LACK OF STRATEGIC SUPPORT
3. BAD MANAGEMENT (INTERNAL)

Nigeria's ceramic market is currently driven by a projected $2.1 billion USD import demand, with China supplying over 82% of the country's needs. Again, production over consumption or import.

Jinx lol

Raydos:
I would have liked to upload more photos, but nairaland is limiting me from doing that

Welldone. Reminds me of my visit to the moribund Epe Plywood factory last year.

Raydos:
Anyone know the year this disease happened?

I remember i was around 300/400L when that happened, so I did say 2005. I remember chicken was suddenly available to eat everywhere, and I didnt miss any opportunity that came along 😔

Isn't this Ile ise awo in Abeokuta?

Omoh, you too waka ooo. And you are not afraid of a ghost coming to attack you? ☹️

Hmmm .... very interesting. The building seems to be in great condition..... couldn't they make use of it?