The Ondo State governor, Dr Olusegun Mimiko, on Monday, gave reasons his administration has not been able to totally revive some of the ailing industries in the state.
The governor said many of the industries, if revamped, would not be able to operate competitively with their counterparts, because of the failure of the country to solve its energy problem.
Mimiko, who spoke at an interactive session with the youth in the state, said lack of stable energy had continued to be the bane of the industrial development of the country, adding that this had also led to the “death” of many of the industries.
“Lack of energy cannot make our industries competitive. To revive the dead industries, we must solve the issue of power in the country. Any attempt to revamp the dead industries without solving energy problem will be an effort in futility.
“For instance, Oluwa Glass in Ondo State was using black oil and diesel to fire its furnace before it went out of business, the furnace must be fired for 24 hours everyday. At the cost of diesel in the country now, how will such a company operate competitively without power? We are deceiving ourselves with industriali-sation,” he said.
The governor, however, expressed delight that the people of the state had keyed into the progra-mmes of his administration, saying that this was as a result of the belief that the people had in the ability of the government to deliver.
Mimiko said the people had been supporting the programmes of the pre-sent administration in the state because the state government had been able to solve the problem of disconnect between it and the people of the state.
Source:Nigerian Tribune.
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