Akwa Ibom Gov to establish coconut refining factory

In pursuance of his promise to ensure industrial revolution and create jobs for Akwa Ibom State people, Governor Udom Emmanuel, yesterday, said a coconut refining factory was in the offing and would employ no fewer than 350,000 people when operational.

Governor Emmanuel said already, 5,000 hectares of land had been acquired and cleared for the planting of 15,000 seedlings of coconut.

The governor, who spoke at his maiden media parley since assumption of office, explained that he decided to invest in coconut because of its un-quantifiable socio-economic gains and medicinal values.

Besides, he disclosed that arrangements had been concluded for the ground-breaking of meter manufacturing company in the state, promising that the first set of meters from that factory would be rolled out in May 2016.