NASCON Targets More Earnings from New Lagos Factory

March 3, 2020
NASCON Factory

By Dipo Olowookere

The management of NASCON Allied Industries Plc, a company under Dangote Group, has expressed optimism that the new plant in Lagos will result into more revenue for the company.

Recently, the company held talks with the host community in Apapa, where residents were assured that the new multi-billion naira factory will boost economic activities in the area and employment opportunities.

Managing Director of NASCON, Mr Paul Farrer, who was represented by the Chief Financial Officer, Mrs Aderemi Saka, urged the community to see the new plant as a partner in progress and ensure that the relationship is nurtured for growth through constant engagement and consultations on issues.

He thanked the community for welcoming the company into their midst and promised that its location in the area will be beneficial to all stakeholders.

He said as a company that produces family-oriented products such as salt and seasonings, NASCON’s plant location within the community will add flavour and taste to their activities as these are products used every day in families.

Also speaking, Head of Human Safety & Environment at NASCON, Mr Jude Amaechi, said that the new plant is meant for the production of salt, which is a necessary ingredient in every home.

He said that the plant complies with the best global standards in terms of safety and there will be zero emissions, adding that the plant will build social economic activities.

Chairman of Ajeromi-Ifelodun LGA, Mr Abdulfatai Ayoola, tasked the company to remember the community in terms of corporate social responsibility and other facilities needed to enhance the lives of the citizens.

However, he described the new plant as a huge blessing to the community, saying that this will boost economic activities within the environs.

Mr Ayoola stated that the local government under his administration will partner and provide every support within its powers towards ensuring that the new plant settles fast in the community.

“We promise you every support that you need to make the plant take off and succeed. It will be of mutual benefit for everyone for the plant to succeed as the multiplier effect will change the economic fortunes of the community.”

On his part, the traditional ruler of Alayabiagba Community, where the factory is located, Mr Adesina Ojora, commended the management of NASCON for series of engagement with the leadership of the community prior to the general engagement.

He requested employment slots for the community so that the youths could be gainfully employed, promising to give every support to the new plant.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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