The paper industry in Ogun State is about to get a big boost as the Dahua Paper Company Nigeria Limited, Owiwi in Ewekoro Local Government Area of the State says it is set to invest $500 million on tree plantation for paper production in the state.
He was quoted in a statement signed by the Press Officers, Ministry of Industry, Trade and Investment, Ogun State, to have said the company had sought the approval of the state government for the 10,000 hectares of land needed adding that with the project, ” a minimum of 5,000 workers would be directly employed and two million indirect jobs would be created.”
Ikujenyo also disclosed that the company was already expanding the capacity of its paper recycling plant from a daily production capacity of 500 tonnes to 1,100 tonnes lauding the present administration ” for providing enabling environment for businesses to flourish in a deliberate manner.” She added that the Dapo Abiodun-led administration would continue to create enabling environment through the provision of infrastructure and implementation of business-friendly policies.
Source: News Formal (newsformal.com)
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