Vono Furniture Products Limited, a subsidiary of Vitafoam Nigeria Plc, last week led top officials of the Ogun State Government on a tour of its factory at Dalemo, Sango-Ota.
The entourage included the Commissioner for Commerce and Industry, Otunba Bimbo Ashiru; Commissioner for Health, Dr. Babatunde Ipaye and Special Adviser to Ogun State Governor on Trade and Investment, Mrs. Babi Subair among others.
Speaking at the new Vono Facility, the Managing Director Vitafoam Nigeria Plc, Mr. Taiwo Adeniyi thanked the special guests for coming to see the new facilities, saying Vitafoam, which recently acquired Vono Products Plc, had relocated the company’s operations from Mushin in Lagos to Sango Ota in Ogun.
He said that the relocation of Vono’s operation showed intent by Vitafoam to strengthen the company’s presence in Africa.
He said: For us at Vitafoam Group, what started more as a development experiment has grown and developed over the years from just a foam manufacturing company into complete home solution company with five business subsidiaries which produce a range of products.”
“It has also spread its tentacles to Ghana and Sierra Leone to service West African Regional Markets. Undoubtedly, Vitafoam Nigeria Plc has left an indelible mark in the polyurethane/foam industry in Nigeria through its wide range of product offerings tailored made to meet the needs of consumers in different segments of the market. True to the purpose for which it was established; customer satisfaction through production of cutting edge products at a price that represents value remains our focus today.”
The MD disclosed that the company was taking corporate social responsibility very seriously, as they had acquired the property, which was previously abandoned and converted it for their use.
He stressed that the investment in manpower was significant, and that residential areas were created for the workers in the plant to reside, in order to improve work rate.
After inspecting the facilities, Ashiru commended the company saying he “very impressed with the facility and the fact that the company was producing local content in the state.”
“Nigeria is a country of many natural resources, so our goal should be to become an export-based economy, we have no business being an import based one. I am satisfied that most of the raw materials used in this plant are locally sourced, which has shown that the company is attempting to address the issue of the value chain,” he said.
Ashiru said state would continue to support companies like Vitafoam Nigeria and its subsidiary Vono Furniture Products Limited, which are helping to develop the local value achieve in line with the local content programme of the government.
Also speaking, Ipaye commended Vono Furniture Products for its commitment to enhancing the nation’s economic activities pointing out that the company is filling a critical gap in the socio-economic development of the country.
The Commissioner for Health noted that for a state like Ogun State with health and education, the products of Vono Furniture Products will help government to achieve its objectives without depleting its scarce foreign exchange.
He assured that the government will consider products from the company in its purchase orders, advising the company to also consider concessionary prices for government’s orders given that such purchases are for the overall good of the people.