The Special Adviser( Lagos Liaison) to the Governor of Imo State, Barr. Steve Asimobi has boosted the efforts of the State Government in Industrialization of the State by attracting a foreign investor, a Business Mogul: YONH CHEE SIONG to the State.
Speaking to Government House Press , Barr Steve Asimobi informed that the CRONUS ENERGY PTE LTD is one of the leading Energy Companies in Singapore and has interest to explore Africa with their unique Technology which uses Palm Oil to produce lubricants of various grades.
Barr. Steve maintained that the Senior Manager of CRONUS ENERGY PTE LTD, YONH is in the State for mutual business relationship which when put in place will provide thousands of jobs for the people of the State.
He maintained that the choice of Imo State was facilitated by the availability of the basic raw materials which is Palm Oil.
In response, the Chief of Staff, Imo State Government House, Ugwumba Uche Nwosu assured the investor that Imo State is endowed with different types of Raw Materials. He informed Mr YONH that the basic raw material mentioned is readily available in the State because according to him, there is large Palm Plantations in the the State .
The Chief of Staff described the use of Palm Oil to produce Engine Lubricants as another breakthrough in research.
He thanked the Special Adviser to the Governor of Imo State, Barr. Steve Asimobi for his patriotic act of bringing an investor with ground breaking Technology on Palm Oil to the State . He urged him to keep up his good work at Lagos Liaison Office , noting that his good record will continue to speak for him.
Speaking further, he assured the Singapore investor of providing enabling environment for his business to succeed.
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