It well known that Industrialization generates employment opportunities, provides educational opportunities, encourages advancement and innovation, and better utilizes resources. All of these benefits and more make industrial development extremely valuable to a population and the local economy.

Before now Imo State was known for some of its industries and a place where industrialization was the mainstream of the state’s economy. During these periods, the state witnessed the influx of industries and investors who were ready to partner with the state Government in siting industries. It was in the wake of the industrialization era that the state gave birth to its industries such as Adapalm, Imo Standard Shoes, Nsu ceramics at Ehime mbano amongst many other things.

Over the years emerging problems like lack of proper funding, non payment of workers salaries, lack of modern day equipment, disadvantageous privatization and other irresponsible Government policies further grounded the activities and operations of these industries and thereby making them moribund. Yet, successive administrations yielded not to the desires of getting our industries to work again or better still champion the cause for new ones.

Suffice to say that no industry or investor can work or invest in an area where there is no good road network and constant power supply as these are indices that promotes industrialization anywhere in the world. The issue of bad road in the state has been a predominant and a reoccurring trend which grossly affected the growth of our industries and further dissuaded the industries from going into large production as both the buyer cannot access the industry and vice versa. Ordinarily, the constant use of generator(s) in an industry usually amounts to a high level of expenditure on the purchase of fuel and this is usually done from the income accrued to the industry which reflects on the prices of commodities thereby making it uneasy for an average man to pay for such services and goods from the industry.

Previous administrations decided to settle for the less by only depending on FG monthly allocation and meagre IGR to run the state and her economy forgetting that the economic growth provided by industrial development is a well-sustained growth that can transform an economy. Industrial growth and economic growth go hand in hand. Economies thrive when an industry is growing because a growth in the industry means more jobs, more money, and more opportunity.

Fast forward to the present Shared Prosperity Government of Governor Hope Uzodimma, he understands that industrial growth is not just a thing of the past, It is as relevant today as it ever was and will boost the IGR of the state with multiplier effects on the economic sustainability plan of the State Government in line with the 3R mantra initiative.
Governor Hope Uzodimma has again shown his readiness to restore the lost glory of the State as a hub of industries by trying to revitalize the existing ones and attracting investors to invest more through the industrial clusters initiative, payment of workers salaries, purchase of modern equipment, good management and well articulated Government policies.

Both existing and new industries can now strive in the state as the present administration has given a facelift to all the roads in the state. This cuts across both the rural and urban roads and has enabled businesses and industries to meet their target markets and the cost of transportation is very much favorable for industries and companies to operate on.
By the recent breakthrough of the State Government in the area of power supply through the coordinated efforts of the Transmission Company of Nigeria(TCN), Niger Delta Power Holding Company(NDPHC) and the Rural Electrification Agency of Nigeria, the epileptic power supply is of the past and won’t affect the smooth running of industries neither will it scare investors from setting up industries in the state.

The Shared Prosperity Government of Senator Hope Uzodimma knows that progress is propelled by industrial development and for the state to progress, it must be in a geometrical fashion that will industrialize the state for the advantage of Ndi Imo at home and in diaspora which can be boldly said that Governor Uzodimma is the defending champion of industrializing Imo state plan amongst other past Governors of the State and this we can’t thank him enough for it.

Leave a Comment

Your email address will not be published.

You may also like

Business Events Society Technology Technology Trends Telecoms

NCC, NLRC inaugurate committee to strengthen consumer protection



The Nigerian Communications Commission (NCC) and the National Lottery Regulatory Commission (NLRC) on Thursday in Abuja set up a committee to work towards the protection of the interest of telecom consumers against malpractices that may attend mobile lotteries in the country.

The Committee, which was inaugurated at the NCC Head Office in Abuja, was tasked with the responsibility of articulating measures to address mutual regulatory issues, including the review of revenue-sharing formula between Mobile Network Operators (MNOs) and lottery operators.

The NCC’s Executive Commissioner, Stakeholder Management (ECSM), Barrister Adeleke Adewolu, who presided at the meeting comprising senior staff of the two agencies, recalled fondly previous engagements between the agencies and stated that the committee was important in order to review and update an NCC-NLRC Memorandum of Understanding (MoU), which was signed on the 6th of August 2018 but has now expired.

The ECSM said the Commission is committed to regulatory collaboration and…

Read More
Business News Opinion Security Society Technology Technology Trends Telecoms Trends






In a digitizing world, there is a need for businesses to get up-to-date with the digital trends and while on it also protect their information technology (IT) infrastructure with robust cyber security solutions that will no deep a huge hole in their pocket.  Looking at the cost-effective IT solutions for businesses locally, especially those in the small and medium enterprises (SMEs), VAB Solutions Limited, an indigenous IT firm located in Victoria Island, Lagos is bringing to the market robust IT and cyber security solutions that is tailor-made for Nigerian firms. A move the company said that will deepen their business productivity and continuity.

Speaking to the media, Voke Benjamin Agadagba, the Managing Consultant of VAB Solutions Limited said that “VAB Solutions started operation January 2018 however the company was incorporated September 2017, We like to think of ourselves as an information technology ( IT ) Advisor, meaning we believe our…

Read More
Announcements Business Government Trends Uncategorized


The Minister of Information and Culture, Alhaji Lai Mohammed, has said the establishment of the Nigeria-Saudi Arabia Chamber of Commerce, Industry, Mines and Agriculture will deepen the relations between the two countries beyond diplomatic ties to commerce and industry.
The Minister made the remarks in Abuja on Thursday when he received the President of the newly-established Chamber, Engr. Ibrahim Usman, on a courtesy visit.
“Clearly from your presentation, it’s clear that the major objective is to change the narrative and ensure that the relations between Saudi Arabia and Nigeria should not be seen just from the narrow prism of Hajj and Umrah pilgrimage, but from the prism of two very important nations of the world creating a bridge through better cooperation…

Read More
Business Education Events Investments News Opinion Society







In a country that youths are traveling out calling it Japa, a lot of Nigerian youths also have been able to show their business agility and institutions have been nurturing their growth from cradle to what they are today. One of the great business story was the story of Ojevwe Owhorode a young-Nigerian girl that is consciously grown her business.

Speaking via her Linkedin account, Ojevwe said,”I have been on LinkedIn for sometime now and I have been contemplating on how to go about my first post. Amazingly, an incredible event happened in August and I saw it as a good opportunity to kick-start my LinkedIn journey.”

She added that “I’m currently an Edo state Corper (Batch B Stream II, 2022). Two months ago, I was at the Nysc orientation camp in Edo state and we were told about a competition organized by Access Bank Plc known as “accesspreneur” (a business…

Read More
Business Events Finance Gadgets Government Technology Technology Trends




Today, Meta announced the launch of the AMBER Alert Programme on Facebook and Instagram in Nigeria. Working in partnership with the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), this programme is aimed at helping to find abducted children by sending AMBER Alerts to the local Facebook and Instagram community in Nigeria.

AMBER Alert is designed to increase the chances of finding missing children by putting more people on the lookout for them. When an AMBER Alert is activated by law enforcement, the alert will appear on the Facebook and Instagram Feed of users within the designated search area, enabling them to share the information instantly with friends or contact the authorities if they have leads.

AMBER Alert is designed to include important information about the missing child such…

Read More
Business News

It’s getting hot in here – what is carbon offsetting and why is it a useful tool in addressing climate change?




By: Steffen Burrows, Curbon co-founder and director


It’s an alarming thought, but South Africans have a serious climate change problem. As the world’s 14th largest emitter of carbon dioxide, the rainbow nation has an enormous responsibility to respond to climate change as well as an urgent duty to the planet to transition to a lower-carbon economy. How can this be achieved? What will drive the transition? Legislation is a useful starting point but ultimately as global citizens, reversing climate change through decarbonisation is a shared responsibility that must be taken up at an individual level.


Climate change can no longer be ignored

Because of its severe impact on agriculture, water resources, human health, infrastructure, ecosystems and energy, climate change is an environmental and humanitarian crisis that can no longer be ignored. Given that most of South Africa’s carbon emissions result from energy generation and the fact that as much as 80% of…

Read More
Business Security Society Sponsored Technology Technology Trends Telecoms




In 1999, CNN published an article with the headline: “Is the internet maturing?” The author referred to the first airline tickets being sold online and said the internet was ‘going ordinary’ – in other words, no longer the playground of the tech-savvy, but more ubiquitous in the average Joe’s life.


Cloud, say experts, is going ordinary too. “Cloud, just like the internet back in the day, is revolutionising the way people think about their infrastructure,” says Andrew Cruise, Managing Director of Routed, a local VMware Cloud Verified and VMware Principal Partner“The conversation really started changing during the pandemic. Before, people had a bad understanding of cloud – they’d only ever heard of cloud hyperscalers like Google and Azure…

Read More

Thinking of downsizing your home? Consider these pros and cons first


Interest rate hikes and the rising cost of living have many homeowners seriously considering downsizing. “For long-term owners and those who find themselves with an empty nest or too much space for their present needs, now may be the opportune moment to scale back. But, those downsizing for a financial quick-fix should carefully consider the costs involved as smaller doesn’t always mean cheaper,” says Andrea Tucker, Director of MortgageMe.

Having a thorough understanding of the costs involved in the sale of a house in relation to the current value of the property is important in avoiding a major financial misstep. “In theory, downsizing should be kinder on your pocket thanks to lower maintenance costs and as well as rates, taxes, and electricity savings. In the short term at least, a move to another home comes with…

Read More