The Kwara State Executive Council (SEC) has approved the establishment of an industrial park at Eiyenkorin in Asa local government area of the state.
It also approved the establishment of a Sheabutter processing factory in Kaiama in Kwara North.
The state government said the development would enhance industrialisation, provide more jobs and widen the state’s economic base.
The state’s commissioner for communications, Abubakar Buhari, disclosed that the council approved the award of the first phase of the industrial park to Messrs Fab Confidential Ltd at the cost of N1billion. The first phase comprises the perimeter fence, entrance gate and lay-by, concrete pavement (road, drainage, and car park) and power supply.
The project will be funded through the state’s recently accessed bond.
The commissioner for works, Engr. Rotimi Iliasu, said the contractor for the first phase was picked after a procurement process supervised and approved by the Kwara State Public Procurement Agency.
The council also approved the contract for establishment of a well-equipped 50-ton capacity shea nut processing factory to SAO-Agro Allied Services at the cost of N2.5 billion following a certified procurement process involving other bidders.
Commissioner for business, innovation and technology Hon. Ibrahim Akaje told the council that the project would provide jobs for over 10,000 women and youths involved in Shea nut business and improve their livelihood through better revenue, improved nutrition and life chances.
The cabinet similarly approved the purchase and install of high-end fit-out equipment and machines for the ongoing Sugar Factory Studios in Ilorin, awarded to POV Studios Limited at the cost of N420,250,000.
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