UNARGUABLY, unemployment has

reached alarming proportions in the

country, especially among graduates

of tertiary institutions. This is partly

because the Nigerian economy

cannot absorb the growing number of

graduates produced annually by the

nation’s tertiary institutions.

Compounding the problem, tertiary

institutions produce more graduates

in the humanities and social sciences

as a result their failure to adhere to

the national admission policy, which

prescribes 60:40 ratio in favour of the

sciences. The areas of specialisation of

the graduates notwithstanding, experts

insist that sustainable employment

can be created via the manufacturing

sector.

They are of the view that if state

governments can revitalise the

moribund industries in their states,

this will reduce the unemployment

rate, while boosting their internally

generated revenue as well. Several

moribund industries, which were

unfortunately blue-chip industries of

yesteryears, now dot many parts of the

country.

Concerned stakeholders, therefore,

acclaim the recent pronouncement

of Gov. Okezie Ikpeazu of Abia to

resuscitate the Golden Guinea Breweries

in Umuahia. Mr Bonnie Iwuoha, the

Commissioner for Information and

Strategy, broke the cheery news about the

state government’s plans to reopen the

brewery when he addressed journalists

recently in Umuahia.

In addition to Golden Guinea, the

commissioner said that the International

Glass Industry in Aba would also

bounce back to life. Golden Guinea was

established in 1960 by the administration

of Dr Michael Okpara, the then Premier

of the defunct Eastern Region, and

incorporated two years later.

It became an economic epicentre

and financial livewire, not only for

the people of the then Eastern Region,

but also for natives of Umuahia who

enjoyed the socio-economic benevolence

it offered through its social responsibility

programmes.

In fact, the products of Golden Guinea

Breweries like Golden Guinea lager,

Eagle Stout and Bergdorf lager received

appreciable patronage from 1960 to 2005

when it was eventually shut. Concerned

stakeholders, nonetheless, urge Ikpeazu

to refrain from making empty promises

like his predecessor, Chief T.A. Orji, who

promised to revive the company.

Indeed, Orji in 2012 inaugurated a

committee to look into ways of reviving

the 54-year-old company. He vowed to

revive the brewery before leaving office,

a pledge he failed to fulfil.

On the other hand, the International

Glass Industry (IGI), Aba, also owned

by the Abia Government, was leased to

the Churchgate Group and it is showing

signs of improvement. IGI’s General

Manager, Mr Kelechi Onuiri, said recently

in Aba that the company had resumed

the production of glass products.

He said that the factory, which started

production late in March, produced

and supplied more than 740,278

pharmaceutical bottles within two weeks

of its resumption.

He said that the factory was currently

servicing the needs of pharmaceutical

industries outside the state. Onuiri said

that the company had employed more

than 500 workers since its resumption to

ensure full circle production.

“Right now, we have many people

working here; we have employed more

than 500 workers. Of course, we will

take more people if need be,” he said.

However, the story is somewhat different

with regard to the Modern Ceramic

Industries in Umuahia. After years of

inactivity, the company was handed

over to UCL Consortium, promoted

by the Catholic Diocese of Umuahia.

Regrettably, the company’s handover

could not bring it back to life.

Mr Uwakwe Nwachukwu, an

economist, recalled that the Golden

Guinness Breweries was one of the most

successful breweries in Nigeria until it

became moribund, adding: “Its collapse

was mainly due to bad or inefficient

management.” He said that board and

management appointments were not

based on knowledge and expertise, but

purely on political considerations.

“More often than not, round pegs were

put in square holes. Consequently, the

brewery, which hitherto employed many

hands and created considerable wealth,

died,’’ he said. Nwachukwu, who once

worked in Golden Guinea as a casual

employee for a fleeting period, said that

the idea of revitalising or re-building

the factory was, indeed, a welcome

development.

According to him, a lot of benefits

will accrue to the state and the people if

the factory is revived. “Other ancillary

jobs or businesses will spring up within

the factory environment and this will

also reduce the number of unemployed

persons in our society.

“In a time like this when unemployment

in Nigeria has become a key challenge, the

factory will add a lot value to the economy

of Abia and the Nigerian economy as

a whole. Furthermore, it will be quite

plausible if the government could give

consideration to the revitalisation of the

Modern Ceramics Company, Umuahia.

“The ceramics company has good

prospects for jobs as well as wealth

creation for the government and the

people,” he added. Nwachukwu urged

Ikpeazu not to relent in his efforts to bring

back the “dead factories” back to life.

He urged him to borrow a leaf from the

Rivers Government which successfully

resuscitated Pabod Breweries.

“Rivers is one example; the once

moribund Pabod Breweries was rebuilt

by the last administration in the state.

Today, Pabod Breweries engages many

hands and it is the proud producer of

Grand Beer and the now fancied or

popular malt drink, Grand Malt. This can

be replicated by the Abia Government,

using the Golden Guinness Breweries

and the Modern Ceramics Company in

Features

Umuahia as the platform,’’ he said.

In the same vein, Prof Aloysius

Okolie of the Department of Political

Science, University of Nigeria, Nsukka,

urged state governors in the South

East geopolitical zone to revive the

collapsed industries in their states in

order to create more jobs.

He said that the revival of the

industries would create more

employment opportunities for millions

of jobless youths, while generating

additional revenue for the states.

“Revitalising of these industries will be

a means of diversifying the economy

of the states, especially now when the

country is experiencing economic melt-
down,’’ he added.

There has been a drastic decline in

allocations from the Federation Account

to states and local governments as

result of a sharp decline in crude oil

prices in the international market.

“Some states and local governments in

the country now find it difficult to pay

their workers’ monthly salaries because

of this drop in federal allocations,”

Okolie said.

He, therefore, commended Gov.

Ikpeazu’s move to revive Golden Guinea

Breweries in Umuahia, describing it as

a welcome development. He, however,

suggested that the state government

should not own 100 per cent equity

shares in the brewery.

“Government should have at most

30 per cent equity shares so as to allow

the management of the brewery to be

in the hands of private people who are

expert in managing such companies.

Government should also carry along

the host community in order to

protect equipment and facilities in that

brewery,” he added.

Okolie said that pragmatic efforts

should be made to revive industries

like the cashew industry in Enugu, the

ceramics industry in Umuahia, among

others, which had become moribund.

“The industrial sector is a critical sector

of any economy; it helps a country

not to depend completely on foreign

products.

“Nigeria is a dumping ground for

foreign goods today because of the

years of neglect which led to the collapse

of many industries. Other governors in

South East should emulate the Abia

governor’s good example of reviving

the popular Golden Guinea Brewery

Umuahia, in efforts to improve the

economy of their states and reducing

unemployment,” he said.

Analysts underscore the need

to for the federal, state and local

governments to resuscitate all the

moribund industries in their domains.

“This because industries provide

employment opportunities for the

youth, particularly graduates of

engineering and physical sciences,’’

some of the analysts said.

UNARGUABLY, unemployment has

reached alarming proportions in the

country, especially among graduates

of tertiary institutions. This is partly

because the Nigerian economy

cannot absorb the growing number of

graduates produced annually by the

nation’s tertiary institutions.

Compounding the problem, tertiary

institutions produce more graduates

in the humanities and social sciences

as a result their failure to adhere to

the national admission policy, which

prescribes 60:40 ratio in favour of the

sciences. The areas of specialisation of

the graduates notwithstanding, experts

insist that sustainable employment

can be created via the manufacturing

sector.

They are of the view that if state

governments can revitalise the

moribund industries in their states,

this will reduce the unemployment

rate, while boosting their internally

generated revenue as well. Several

moribund industries, which were

unfortunately blue-chip industries of

yesteryears, now dot many parts of the

country.

Concerned stakeholders, therefore,

acclaim the recent pronouncement

of Gov. Okezie Ikpeazu of Abia to

resuscitate the Golden Guinea Breweries

in Umuahia. Mr Bonnie Iwuoha, the

Commissioner for Information and

Strategy, broke the cheery news about the

state government’s plans to reopen the

brewery when he addressed journalists

recently in Umuahia.

In addition to Golden Guinea, the

commissioner said that the International

Glass Industry in Aba would also

bounce back to life. Golden Guinea was

established in 1960 by the administration

of Dr Michael Okpara, the then Premier

of the defunct Eastern Region, and

incorporated two years later.

It became an economic epicentre

and financial livewire, not only for

the people of the then Eastern Region,

but also for natives of Umuahia who

enjoyed the socio-economic benevolence

it offered through its social responsibility

programmes.

In fact, the products of Golden Guinea

Breweries like Golden Guinea lager,

Eagle Stout and Bergdorf lager received

appreciable patronage from 1960 to 2005

when it was eventually shut. Concerned

stakeholders, nonetheless, urge Ikpeazu

to refrain from making empty promises

like his predecessor, Chief T.A. Orji, who

promised to revive the company.

Indeed, Orji in 2012 inaugurated a

committee to look into ways of reviving

the 54-year-old company. He vowed to

revive the brewery before leaving office,

a pledge he failed to fulfil.

On the other hand, the International

Glass Industry (IGI), Aba, also owned

by the Abia Government, was leased to

the Churchgate Group and it is showing

signs of improvement. IGI’s General

Manager, Mr Kelechi Onuiri, said recently

in Aba that the company had resumed

the production of glass products.

He said that the factory, which started

production late in March, produced

and supplied more than 740,278

pharmaceutical bottles within two weeks

of its resumption.

He said that the factory was currently

servicing the needs of pharmaceutical

industries outside the state. Onuiri said

that the company had employed more

than 500 workers since its resumption to

ensure full circle production.

“Right now, we have many people

working here; we have employed more

than 500 workers. Of course, we will

take more people if need be,” he said.

However, the story is somewhat different

with regard to the Modern Ceramic

Industries in Umuahia. After years of

inactivity, the company was handed

over to UCL Consortium, promoted

by the Catholic Diocese of Umuahia.

Regrettably, the company’s handover

could not bring it back to life.

Mr Uwakwe Nwachukwu, an

economist, recalled that the Golden

Guinness Breweries was one of the most

successful breweries in Nigeria until it

became moribund, adding: “Its collapse

was mainly due to bad or inefficient

management.” He said that board and

management appointments were not

based on knowledge and expertise, but

purely on political considerations.

“More often than not, round pegs were

put in square holes. Consequently, the

brewery, which hitherto employed many

hands and created considerable wealth,

died,’’ he said. Nwachukwu, who once

worked in Golden Guinea as a casual

employee for a fleeting period, said that

the idea of revitalising or re-building

the factory was, indeed, a welcome

development.

According to him, a lot of benefits

will accrue to the state and the people if

the factory is revived. “Other ancillary

jobs or businesses will spring up within

the factory environment and this will

also reduce the number of unemployed

persons in our society.

“In a time like this when unemployment

in Nigeria has become a key challenge, the

factory will add a lot value to the economy

of Abia and the Nigerian economy as

a whole. Furthermore, it will be quite

plausible if the government could give

consideration to the revitalisation of the

Modern Ceramics Company, Umuahia.

“The ceramics company has good

prospects for jobs as well as wealth

creation for the government and the

people,” he added. Nwachukwu urged

Ikpeazu not to relent in his efforts to bring

back the “dead factories” back to life.

He urged him to borrow a leaf from the

Rivers Government which successfully

resuscitated Pabod Breweries.

“Rivers is one example; the once

moribund Pabod Breweries was rebuilt

by the last administration in the state.

Today, Pabod Breweries engages many

hands and it is the proud producer of

Grand Beer and the now fancied or

popular malt drink, Grand Malt. This can

be replicated by the Abia Government,

using the Golden Guinness Breweries

and the Modern Ceramics Company in

Features

Umuahia as the platform,’’ he said.

In the same vein, Prof Aloysius

Okolie of the Department of Political

Science, University of Nigeria, Nsukka,

urged state governors in the South

East geopolitical zone to revive the

collapsed industries in their states in

order to create more jobs.

He said that the revival of the

industries would create more

employment opportunities for millions

of jobless youths, while generating

additional revenue for the states.

“Revitalising of these industries will be

a means of diversifying the economy

of the states, especially now when the

country is experiencing economic melt-
down,’’ he added.

There has been a drastic decline in

allocations from the Federation Account

to states and local governments as

result of a sharp decline in crude oil

prices in the international market.

“Some states and local governments in

the country now find it difficult to pay

their workers’ monthly salaries because

of this drop in federal allocations,”

Okolie said.

He, therefore, commended Gov.

Ikpeazu’s move to revive Golden Guinea

Breweries in Umuahia, describing it as

a welcome development. He, however,

suggested that the state government

should not own 100 per cent equity

shares in the brewery.

“Government should have at most

30 per cent equity shares so as to allow

the management of the brewery to be

in the hands of private people who are

expert in managing such companies.

Government should also carry along

the host community in order to

protect equipment and facilities in that

brewery,” he added.

Okolie said that pragmatic efforts

should be made to revive industries

like the cashew industry in Enugu, the

ceramics industry in Umuahia, among

others, which had become moribund.

“The industrial sector is a critical sector

of any economy; it helps a country

not to depend completely on foreign

products.

“Nigeria is a dumping ground for

foreign goods today because of the

years of neglect which led to the collapse

of many industries. Other governors in

South East should emulate the Abia

governor’s good example of reviving

the popular Golden Guinea Brewery

Umuahia, in efforts to improve the

economy of their states and reducing

unemployment,” he said.

Analysts underscore the need

to for the federal, state and local

governments to resuscitate all the

moribund industries in their domains.

“This because industries provide

employment opportunities for the

youth, particularly graduates of

engineering and physical sciences,’’

some of the analysts said.

UNARGUABLY, unemployment has

reached alarming proportions in the

country, especially among graduates

of tertiary institutions. This is partly

because the Nigerian economy

cannot absorb the growing number of

graduates produced annually by the

nation’s tertiary institutions.

Compounding the problem, tertiary

institutions produce more graduates

in the humanities and social sciences

as a result their failure to adhere to

the national admission policy, which

prescribes 60:40 ratio in favour of the

sciences. The areas of specialisation of

the graduates notwithstanding, experts

insist that sustainable employment

can be created via the manufacturing

sector.

They are of the view that if state

governments can revitalise the

moribund industries in their states,

this will reduce the unemployment

rate, while boosting their internally

generated revenue as well. Several

moribund industries, which were

unfortunately blue-chip industries of

yesteryears, now dot many parts of the

country.

Concerned stakeholders, therefore,

acclaim the recent pronouncement

of Gov. Okezie Ikpeazu of Abia to

resuscitate the Golden Guinea Breweries

in Umuahia. Mr Bonnie Iwuoha, the

Commissioner for Information and

Strategy, broke the cheery news about the

state government’s plans to reopen the

brewery when he addressed journalists

recently in Umuahia.

In addition to Golden Guinea, the

commissioner said that the International

Glass Industry in Aba would also

bounce back to life. Golden Guinea was

established in 1960 by the administration

of Dr Michael Okpara, the then Premier

of the defunct Eastern Region, and

incorporated two years later.

It became an economic epicentre

and financial livewire, not only for

the people of the then Eastern Region,

but also for natives of Umuahia who

enjoyed the socio-economic benevolence

it offered through its social responsibility

programmes.

In fact, the products of Golden Guinea

Breweries like Golden Guinea lager,

Eagle Stout and Bergdorf lager received

appreciable patronage from 1960 to 2005

when it was eventually shut. Concerned

stakeholders, nonetheless, urge Ikpeazu

to refrain from making empty promises

like his predecessor, Chief T.A. Orji, who

promised to revive the company.

Indeed, Orji in 2012 inaugurated a

committee to look into ways of reviving

the 54-year-old company. He vowed to

revive the brewery before leaving office,

a pledge he failed to fulfil.

On the other hand, the International

Glass Industry (IGI), Aba, also owned

by the Abia Government, was leased to

the Churchgate Group and it is showing

signs of improvement. IGI’s General

Manager, Mr Kelechi Onuiri, said recently

in Aba that the company had resumed

the production of glass products.

He said that the factory, which started

production late in March, produced

and supplied more than 740,278

pharmaceutical bottles within two weeks

of its resumption.

He said that the factory was currently

servicing the needs of pharmaceutical

industries outside the state. Onuiri said

that the company had employed more

than 500 workers since its resumption to

ensure full circle production.

“Right now, we have many people

working here; we have employed more

than 500 workers. Of course, we will

take more people if need be,” he said.

However, the story is somewhat different

with regard to the Modern Ceramic

Industries in Umuahia. After years of

inactivity, the company was handed

over to UCL Consortium, promoted

by the Catholic Diocese of Umuahia.

Regrettably, the company’s handover

could not bring it back to life.

Mr Uwakwe Nwachukwu, an

economist, recalled that the Golden

Guinness Breweries was one of the most

successful breweries in Nigeria until it

became moribund, adding: “Its collapse

was mainly due to bad or inefficient

management.” He said that board and

management appointments were not

based on knowledge and expertise, but

purely on political considerations.

“More often than not, round pegs were

put in square holes. Consequently, the

brewery, which hitherto employed many

hands and created considerable wealth,

died,’’ he said. Nwachukwu, who once

worked in Golden Guinea as a casual

employee for a fleeting period, said that

the idea of revitalising or re-building

the factory was, indeed, a welcome

development.

According to him, a lot of benefits

will accrue to the state and the people if

the factory is revived. “Other ancillary

jobs or businesses will spring up within

the factory environment and this will

also reduce the number of unemployed

persons in our society.

“In a time like this when unemployment

in Nigeria has become a key challenge, the

factory will add a lot value to the economy

of Abia and the Nigerian economy as

a whole. Furthermore, it will be quite

plausible if the government could give

consideration to the revitalisation of the

Modern Ceramics Company, Umuahia.

“The ceramics company has good

prospects for jobs as well as wealth

creation for the government and the

people,” he added. Nwachukwu urged

Ikpeazu not to relent in his efforts to bring

back the “dead factories” back to life.

He urged him to borrow a leaf from the

Rivers Government which successfully

resuscitated Pabod Breweries.

“Rivers is one example; the once

moribund Pabod Breweries was rebuilt

by the last administration in the state.

Today, Pabod Breweries engages many

hands and it is the proud producer of

Grand Beer and the now fancied or

popular malt drink, Grand Malt. This can

be replicated by the Abia Government,

using the Golden Guinness Breweries

and the Modern Ceramics Company in

Features

Umuahia as the platform,’’ he said.

In the same vein, Prof Aloysius

Okolie of the Department of Political

Science, University of Nigeria, Nsukka,

urged state governors in the South

East geopolitical zone to revive the

collapsed industries in their states in

order to create more jobs.

He said that the revival of the

industries would create more

employment opportunities for millions

of jobless youths, while generating

additional revenue for the states.

“Revitalising of these industries will be

a means of diversifying the economy

of the states, especially now when the

country is experiencing economic melt-
down,’’ he added.

There has been a drastic decline in

allocations from the Federation Account

to states and local governments as

result of a sharp decline in crude oil

prices in the international market.

“Some states and local governments in

the country now find it difficult to pay

their workers’ monthly salaries because

of this drop in federal allocations,”

Okolie said.

He, therefore, commended Gov.

Ikpeazu’s move to revive Golden Guinea

Breweries in Umuahia, describing it as

a welcome development. He, however,

suggested that the state government

should not own 100 per cent equity

shares in the brewery.

“Government should have at most

30 per cent equity shares so as to allow

the management of the brewery to be

in the hands of private people who are

expert in managing such companies.

Government should also carry along

the host community in order to

protect equipment and facilities in that

brewery,” he added.

Okolie said that pragmatic efforts

should be made to revive industries

like the cashew industry in Enugu, the

ceramics industry in Umuahia, among

others, which had become moribund.

“The industrial sector is a critical sector

of any economy; it helps a country

not to depend completely on foreign

products.

“Nigeria is a dumping ground for

foreign goods today because of the

years of neglect which led to the collapse

of many industries. Other governors in

South East should emulate the Abia

governor’s good example of reviving

the popular Golden Guinea Brewery

Umuahia, in efforts to improve the

economy of their states and reducing

unemployment,” he said.

Analysts underscore the need

to for the federal, state and local

governments to resuscitate all the

moribund industries in their domains.

“This because industries provide

employment opportunities for the

youth, particularly graduates of

engineering and physical sciences,’’

some of the analysts said.

UNARGUABLY, unemployment has

reached alarming proportions in the

country, especially among graduates

of tertiary institutions. This is partly

because the Nigerian economy

cannot absorb the growing number of

graduates produced annually by the

nation’s tertiary institutions.

Compounding the problem, tertiary

institutions produce more graduates

in the humanities and social sciences

as a result their failure to adhere to

the national admission policy, which

prescribes 60:40 ratio in favour of the

sciences. The areas of specialisation of

the graduates notwithstanding, experts

insist that sustainable employment

can be created via the manufacturing

sector.

They are of the view that if state

governments can revitalise the

moribund industries in their states,

this will reduce the unemployment

rate, while boosting their internally

generated revenue as well. Several

moribund industries, which were

unfortunately blue-chip industries of

yesteryears, now dot many parts of the

country.

Concerned stakeholders, therefore,

acclaim the recent pronouncement

of Gov. Okezie Ikpeazu of Abia to

resuscitate the Golden Guinea Breweries

in Umuahia. Mr Bonnie Iwuoha, the

Commissioner for Information and

Strategy, broke the cheery news about the

state government’s plans to reopen the

brewery when he addressed journalists

recently in Umuahia.

In addition to Golden Guinea, the

commissioner said that the International

Glass Industry in Aba would also

bounce back to life. Golden Guinea was

established in 1960 by the administration

of Dr Michael Okpara, the then Premier

of the defunct Eastern Region, and

incorporated two years later.

It became an economic epicentre

and financial livewire, not only for

the people of the then Eastern Region,

but also for natives of Umuahia who

enjoyed the socio-economic benevolence

it offered through its social responsibility

programmes.

In fact, the products of Golden Guinea

Breweries like Golden Guinea lager,

Eagle Stout and Bergdorf lager received

appreciable patronage from 1960 to 2005

when it was eventually shut. Concerned

stakeholders, nonetheless, urge Ikpeazu

to refrain from making empty promises

like his predecessor, Chief T.A. Orji, who

promised to revive the company.

Indeed, Orji in 2012 inaugurated a

committee to look into ways of reviving

the 54-year-old company. He vowed to

revive the brewery before leaving office,

a pledge he failed to fulfil.

On the other hand, the International

Glass Industry (IGI), Aba, also owned

by the Abia Government, was leased to

the Churchgate Group and it is showing

signs of improvement. IGI’s General

Manager, Mr Kelechi Onuiri, said recently

in Aba that the company had resumed

the production of glass products.

He said that the factory, which started

production late in March, produced

and supplied more than 740,278

pharmaceutical bottles within two weeks

of its resumption.

He said that the factory was currently

servicing the needs of pharmaceutical

industries outside the state. Onuiri said

that the company had employed more

than 500 workers since its resumption to

ensure full circle production.

“Right now, we have many people

working here; we have employed more

than 500 workers. Of course, we will

take more people if need be,” he said.

However, the story is somewhat different

with regard to the Modern Ceramic

Industries in Umuahia. After years of

inactivity, the company was handed

over to UCL Consortium, promoted

by the Catholic Diocese of Umuahia.

Regrettably, the company’s handover

could not bring it back to life.

Mr Uwakwe Nwachukwu, an

economist, recalled that the Golden

Guinness Breweries was one of the most

successful breweries in Nigeria until it

became moribund, adding: “Its collapse

was mainly due to bad or inefficient

management.” He said that board and

management appointments were not

based on knowledge and expertise, but

purely on political considerations.

“More often than not, round pegs were

put in square holes. Consequently, the

brewery, which hitherto employed many

hands and created considerable wealth,

died,’’ he said. Nwachukwu, who once

worked in Golden Guinea as a casual

employee for a fleeting period, said that

the idea of revitalising or re-building

the factory was, indeed, a welcome

development.

According to him, a lot of benefits

will accrue to the state and the people if

the factory is revived. “Other ancillary

jobs or businesses will spring up within

the factory environment and this will

also reduce the number of unemployed

persons in our society.

“In a time like this when unemployment

in Nigeria has become a key challenge, the

factory will add a lot value to the economy

of Abia and the Nigerian economy as

a whole. Furthermore, it will be quite

plausible if the government could give

consideration to the revitalisation of the

Modern Ceramics Company, Umuahia.

“The ceramics company has good

prospects for jobs as well as wealth

creation for the government and the

people,” he added. Nwachukwu urged

Ikpeazu not to relent in his efforts to bring

back the “dead factories” back to life.

He urged him to borrow a leaf from the

Rivers Government which successfully

resuscitated Pabod Breweries.

“Rivers is one example; the once

moribund Pabod Breweries was rebuilt

by the last administration in the state.

Today, Pabod Breweries engages many

hands and it is the proud producer of

Grand Beer and the now fancied or

popular malt drink, Grand Malt. This can

be replicated by the Abia Government,

using the Golden Guinness Breweries

and the Modern Ceramics Company in

Features

Umuahia as the platform,’’ he said.

In the same vein, Prof Aloysius

Okolie of the Department of Political

Science, University of Nigeria, Nsukka,

urged state governors in the South

East geopolitical zone to revive the

collapsed industries in their states in

order to create more jobs.

He said that the revival of the

industries would create more

employment opportunities for millions

of jobless youths, while generating

additional revenue for the states.

“Revitalising of these industries will be

a means of diversifying the economy

of the states, especially now when the

country is experiencing economic melt-
down,’’ he added.

There has been a drastic decline in

allocations from the Federation Account

to states and local governments as

result of a sharp decline in crude oil

prices in the international market.

“Some states and local governments in

the country now find it difficult to pay

their workers’ monthly salaries because

of this drop in federal allocations,”

Okolie said.

He, therefore, commended Gov.

Ikpeazu’s move to revive Golden Guinea

Breweries in Umuahia, describing it as

a welcome development. He, however,

suggested that the state government

should not own 100 per cent equity

shares in the brewery.

“Government should have at most

30 per cent equity shares so as to allow

the management of the brewery to be

in the hands of private people who are

expert in managing such companies.

Government should also carry along

the host community in order to

protect equipment and facilities in that

brewery,” he added.

Okolie said that pragmatic efforts

should be made to revive industries

like the cashew industry in Enugu, the

ceramics industry in Umuahia, among

others, which had become moribund.

“The industrial sector is a critical sector

of any economy; it helps a country

not to depend completely on foreign

products.

“Nigeria is a dumping ground for

foreign goods today because of the

years of neglect which led to the collapse

of many industries. Other governors in

South East should emulate the Abia

governor’s good example of reviving

the popular Golden Guinea Brewery

Umuahia, in efforts to improve the

economy of their states and reducing

unemployment,” he said.

Analysts underscore the need

to for the federal, state and local

governments to resuscitate all the

moribund industries in their domains.

“This because industries provide

employment opportunities for the

youth, particularly graduates of

engineering and physical sciences,’’

some of the analysts said.


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