Cosmas Ugwu: Why I established foam factory in Gombe

Gombe State Governor, Muhammadu Yahaya, on Saturday lauded a private investor for establishing a foam manufacturing factory in the state.

Yahaya, who was represented at the inauguration of the multi-million naira project by Commissioner for Trade and Investment, Nasiru Aliyu, said his administration would continue to ensure the safety of lives and property.

According to him, the siting of the project in the state would promote good health, household comfort and contribute to the economic prosperity of the state.

Recently, the governor, while addressing the Value Added Tax issue, said it was a wake-up call for his state.

Speaking at the inauguration, the governor said, “We are indeed very proud to be identified with this laudable project which falls in line with our administration’s agenda for the rapid industrial development of Gombe State.

“Today’s inauguration of this gigantic factory marks an important milestone in the local foam manufacturing industry, not just to Gombe State but for Nigeria as a whole.

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“It is also of great significance to the promotion of good health and household comfort as the company is expected to manufacture sufficient products that will meet the demand of the whole of North-Eastern states and beyond.”

While commenting on the imperative of the factory, the governor urged farmers in the state to cultivate raw materials that would increase the production of foams.

“People should also venture into all kinds of legitimate business so as to take advantage of the numerous reforms in order to attract investors to the state.

“I want to specifically call on our farmers to cultivate both Food and Cash crops for self-sustenance and provision of sufficient raw materials for investors,” Yahaya said.

On his part, Chief Executive Officer of Hara Foam, Cosmas Ugwu, said that he was motivated to invest in the state by the friendly government policies.

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According to Ugwu, the peaceful nature of the state, and the population were business indicators that drove him into establishing a factory in the state.

“I wish to thank the governor for creating a fertile ground for investment in Gombe State. This facility has the capacity to produce 5,000 mattresses per day and 3,000 pillows at full capacity, with an option for expansion.

“No less than 1,000 Gombe youths will be employed in this factory and 5,000 across the North-East. This will not only reduce unemployment but will also help to reduce the crime rate and other social vices.

“It is important to state that Gombe was not chosen because of its position in the North-East; it was chosen because it is now the business hub of the North-East. I intend to replicate this in other zones of the country,” Ugwu said.

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