
Lagos state is set to join the league of pencil producers in the world as a pencil manufacturing company has been given the nod by the Akinwunmi Ambode Administration to pioneer production of the age-long writing tool in the state.,This was made known yesterday thursday by Prof Ademola Abass,Special Adviser,Officer of Overseas Affairs and Investment at the Bagauda Kaltho Press Centre,Alausa,keja during the Y2016 Ministerial Press Briefing of the Lagos State Government as part of activities marking the one year in Office of Governor Akinwunmi Ambode.Prof. Abass,who emphasised that the State Government would only approve investment proposals that are beneficial to Lagosians,said the proposal for pencil manufacturing by Gold Anchor Investment Ltd,was approved by the State Government coupled with the facilitation of an expanse of land in the Epe axis of the state for the company to build its factory.The Special Adviser to the Governor noted that it was surprising that until now the rest of West Africa depended on the importation of pencil to meet their demands as none of such manufacturing outfit existed in the entire West African sub-region.On the number of investment coming to Lagos,Prof. Abass stated that Lagos had received 162 investment prositions worth $43 billion,adding that the state continued to get attention from investors in different sectors,especially ICT,manufacturing,environment,infrastructure,real estate,tourism and transportation,among others.Other approved investment proposals out of the 162 include the transformation of Oshodi,expected to materialise within the next 15 months;the Medical Park to be situated at the Old School of nursing in Ikoyi and the Kuramo /island resort,among others.One more photo below.
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