Fidelity bank card banner Camano banner

Gov Udom Emmanuel moves to resuscitate Peacock Paints Industry

By Effiong Udousoroh, Uyo on 15/06/2015

Views: 5,509

In fulfilment of his election’s campaign promises to the electorate, Governor Udom Gabriel Emmanuel of Akwa Ibom State has initiated moves to revive the moribund Peacock Paints Industry cited at Ikot Ekan, Etinan Local Government Area of the state.

Governor Emmanuel broke the news to the people in Etinan, during an inspection visit to the abandoned industry at the weekend.

The governor said that the visit was to give him first hand information on the reality on ground and the possibility of making the Peacock Paints industry bounce back to life.

He noted that what he met on ground gave him the hope that “the company can be reactivated sooner than expected”, promising to send a technical committee for further assessment, with the possibility of urgent take-off of the industry.

He commended the host community, Ikot Ekan and the management staff of the failed company, for protecting the equipment and making the premises secured from vandalism.

“We promised during our campaign tours, that in our mind, this will not be as one of the old stories which we normally started to tell that: ‘Once upon a time’. That was why we promised the people that we will take a second look at this industry,” he recalled.

The governor, with his entourage, was conducted round the premises by the Chairman of the company, Mr. Edet Udoette and the Executive Chairman of Etinan Local Government Council, Mr. Kenneth Okon, who appealed to the governor to “revamp the industry within the first 100-days” of his administration.

News Express reports that Peacock Pants industry is one of the moribund industries abandoned in Akwa Ibom State, which the governor promised to resuscitate, in line with his administration’s policy on industrialisation.

It would be recalled that the out-gone Senior Special Adviser on Industrialisation and Investment to the immediate past Governor Godswill Akpabio, Chief Senas Ukpanah, had told Correspondents in Uyo, that a misused N100 million loan granted to the paints industry by First Bank of Nigeria (FBN), which had not been repaid, was the remote cause of its collapse.

•Photo shows Governor Udom Emmanuel.

Source News Express

Posted 15/06/2015 04:26:40 AM





You may also like...
NAHCON to conclude airlift of returning hajj pilgrims...

Malabu Oil Scam: Court orders arrest of Dan...

Champions League: Liverpool sink Man City at Anfield,...

EU to launch €30m energy investment fund in...

President Jonathan untrustworthy and incompetent —Analyst

2014 Budget Year ends December 31, not March...

Expect sunny and hazy conditions today, plus thunderstorms...

UN praises ‘courageous diplomacy’ at US-North Korea summit...

Maritime Silk Road will boost China-Africa economic partnership...

Kaduna APC faction slams 6 months suspension on...

Boko Haram razes 40 houses in reprisal attack...

Prophet sprays miracle seekers with insecticide •Defends action...


Latest News Sowore, IPOB, and the naked beating of Ekweremadu, By SKC Ogbonnia EFCC grills Kwara Scholarship Board Chairperson, 5 others over bursary fraud Collaboration with OPC has reduced crime rate in South West — IGP Ebonyi Govt takes over medical bills, welfare of mother of triplets Okowa hails Keyamo as Minister, Fayemi congratulates Adebayo Pandemonium as herdsmen rape, kill 67-year-old woman Police identify Ekweremadu’s attackers Man flogs daughter to death in Ondo 10 unexploded bombs recovered in Anambra, others Suspected cult gang raids homes, kills ex-police officer, three others in Imo NASU, SSANU demand immediate payment of N30bn to avert “Mother of All Strikes” in varsities CBN to build 7 diagnostic centres in 6 geopolitical zones, Abuja


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (529,811 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (438,906 views) Shameless Genevieve Nnaji exposes breasts in public (383,802 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (322,897 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (290,567 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (251,384 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (246,218 views) 10 cars more expensive than Jets (233,364 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (228,146 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (214,378 views) Lagos plane crash: Journalist releases victims’ names (193,203 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (191,083 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (98) Business & Economy (4,402) Business Verdict (79) Columnists (1,097) Complaints & Requests (95) Enterprise & Opportunities (215) Entertainment (648) Features (795) Global Business Monitor (420) ICT Monitor (58) International (3,853) Interview (198) Live Commentary (30) Love Matters (166) Maggie's Blog (383) News (50,290) Opinion (1,328) Pidgin (17) Politics (11,333) Religion (1,085) Sports (2,134) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera