ROCHAS OKOROCHA OFFICIALLY HANDS OVER THE RESIN PAINTS INDUSTRY

Imo State Governor, Chief Rochas
Okorocha, has officially handed over the
Resin Paints Industry, Aboh Mbaise, to
Skyrun Group, a Corporate Company from
China, to commence business in the
establishment.
Speaking at the handover ceremony
Thursday, Okorocha reminded Imolites and
Aboh Mbaise people in particularly that he
has fulfilled his earlier promise of fully
repurchasing and restoring the industry
back to Imo State Government.
He emotionally recounted how the sale,
and repurchase of Resin Paints Industry
traversed over the years, from state,
personal, corporate and back to state
government ownership.
“I want to announce to you today that this
property sited here, is no longer the
property of anybody, but the property of
Imo State Government”, Okorocha said.
The Governor recalled with glee, the
cooperation of the Nigerian Deposit
Insurance Corporation, NDIC, and the
honest and transparent assistance of
Zenith Bank Nigeria PLC in the whole buy-
back process.
“It was in the bid to shop for and attract
investors that he met with Skyrun, a
renowned Chinese company that showed
interest to do business in Imo State,
beginning with the Resin Paints Industry,
where they will produce prepaid electric
meters, fridges, televisions and other
electronic home appliances. It will attract
good business from around Africa and
beyond and also generate employment for
Imo citizens”, Okorocha said.
The governor then charged the people of
the area to make sure that the property is
securely protected and to cooperate with
Skyrun Group.
Earlier in his speech, the Executive
General Manager of Skyrun, Mr. Shai
Shao, appreciated the venture, pointing
out that the company have been in Nigeria
for some years, but will opt to begin
power projects here in Imo in line with the
administration’s job mantra.