The board and management of Nigerian Breweries Plc – the foremost brewery company in Nigeria has reaffirmed the commitment of the company to continue to partner with the Lagos State Government in achieving a green landscape in the Iganmu area in the state.
This was made known by the new Managing Director, Nigerian Breweries Plc, Hans Essaadi during the courtesy visit of the management team to the Governor of Lagos State, Babajide Sanwo-Olu on Friday, September 25.
While appreciating the Governor on the developmental strides achieved over the last two years of his administration, Essaadi said the administration has demonstrated exceptional commitment not only in promoting investment in the state but to make Lagos state a 21st-century economy.
He explained that the company remains focused on creating a beautiful and aesthetic landscape for the Iganmu community in a manner that would make it commercially viable.
“We do see a unique opportunity to commercialize the entire Iganmu area functionally and sustainably subject to the state government’s approval,” Essaadi said.
“While we are keen to partner with the state government, outdoor agencies, and companies in the industry that are in this location, we are hopeful that a consortium of partners involved can derive incentives from the state government as well as the opportunity to leverage the opportunities of the landscape area to promote their rent.”
In his remarks, Governor of Lagos State, Babajide Sanwo-Olu stated that the government was proud to be associated with the company particularly for its contribution to the development of Lagos and the broader Nigerian economy.
“Nigerian Breweries Plc, no doubt, has a rich history. It is a brand with arrays of products and one of the listed companies on the Nigerian Stock Exchange. With the 75 years history, it means the brand has come home to stay. We are proud that Nigerian Breweries Plc has a history and strong heritage with us as a country,” Sanwo-Olu added.
He noted that the decision of the government to transform the Iganmu area is borne out of the desire to improve the level of security and enhance the aesthetic look of the area.
“More importantly for security reasons, we cannot continue to harbour all sort of people we don’t know what their means of livelihood is,” he said.
“One of the best use is to do a lot of greening and generally improve the physical aesthetic of the place. We are happy you are looking at it. We know it would cost some investment and we are willing to support this initiative, so it can become sustainable and a win-win situation for both parties.”