Will help create employment opportunities for the people. The company is to ensure reorganization of the Company’s Board, manufacturing of ceramic, porcelain and other products of several sizes and qualities, with immediate focus on the production of ceramic wall and floor tiles of various sizes and qualities of 6,000sqm capacity per day, all for local demands and export.The proposed project is estimated at a cost of N1,024,290,226.00 (One Billion, Twenty-Four Million, Two Hundred and Ninety Thousand and Two Hundred & Twenty-Six Naira) only. JAC-ESTEE is to contribute 100% of all further financial needs of the total actual project cost (N1,024,290,226.00), which will be by way of equipment and cash to own 75% equity’s stake in the Project, while Ondo State Government is to contribute ODSG’s Company property, (Land, Building Structure & existing (obsolete) equipment of the COMPANY) and goodwill to own 25% equity’s stake in the Project.
Memorable Iroko's Quotes
"Leadership is not a popularity contest; it is about envisioning lofty goals for the people and making hard choices to attain them"
Dr Olusegun Rahaman Mimiko