Business: Federal Government proposed to resolve Power supply issue

FG proposed to resolve power supply issue
                         Prof. Yemi Osinbajo

In an event organized by Rite food limited (Sausages, beverages producers) at Ososa, Ogun state, Acting President, Prof Yemi Osinbajo has promised that the Federal Government will take the issue of Power Supply in the country to a greater height, to enhance conducive economy for the people. 

Osinbajo encouraged the entrepreneurial development, commended the indigenous company and its management for their hard work.

The Managing Director, Rite Foods Limited, Seleem Adegunwa disclosed that power supply is the major challenge faced by the company, saying that the cost of running generator had reduced the Company’s profit.

He added, “We have provided employment for over 1,000 people directly and so many others indirectly.

Since the company came to this community, it has brought unprecedented economic growth to the area and has also reduced crime rate.”

Regarding the company’s challenges, the Acting President Osinbajo, on a ‘facility tour of indigenous company’ has proposed that the issue will be taken care of.

According to him, “I don’t think there is a problem of trust for a world class product. This is a great enterprise; we have seen that the product is all over the country.

There are few problems, such as power and all of that, which we hope are going to be resolved.

This is a classic example of the Nigerian spirit of hard work and entrepreneurship.”

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