Breaking News

Osun begins Interview for shortlisted Teachers across the State | EID-EL-KABIR: YOUR SACRIFICES WILL NOT GO UNREWARDED, GOVERNOR ADELEKE ASSURES OSUN PEOPLE. | Osun Exco Approves Osun State Water Users Association (Irrigation) Bill 2025. | OSUN HOST SOUTHWEST STAKEHOLDERS ROUNDTABLE ON RENEWABLE ENERGY, UNVEILS CLIMATE-SMART INVESTMENT PORTFOLIO. | Setting the Record Straight: Wole Soyinka High School’s Condition and the Adeleke Administration’s Commitment to Education | Osun State Government receives report of findings on the Olojudo of Ido-Ayegule chieftaincy crisis | THE HISTORY OF HOW OSUN IS THE BIRTHPLACE OF ADIRE, OSUN GOVERNOR SPOKESPERSON RESPONDS TO OGUN ADIRE TRADERS | Governor Adeleke Bags NBA Award, Denies Rebuking Supreme Court | GOVERNOR ADELEKE GREETS GOVERNOR DAPO ABIODUN AT 65 | INFRA AWARD: GOVERNOR ADELEKE PLEDGES MORE SERVICE DELIVERY, DELIVERS DIASPORA LECTURE IN LONDON. | GOVERNOR ADELEKE SALUTES FORMER OSUN GOVERNOR, OGBENI RAUF AREGBESOLA AT 68. | Ifon-Ilobu-Erin Osun Communal Crisis: Adeleke Relaxes Curfew, Now 9pm—5am daily | Gov Adeleke expresses concern over Ilesha Correctional Centre Jail Break | Owa Coronation: Governor Adeleke Lists Achievements Across Ijesaland, Commends Tinubu over Ibadan-Ilesa Road Contract | You and Your Team are Doing A Phenomenal Job. | Food Security: Hon. Babatola Faseru Commends Governor Adeleke, Urges Farmers to Maximize Use of Distributed Tractors | Adeleke Spokesperson to Bashiru: Stop Using Fake News as a Campaign Strategy | Badly Constructed Road: Governor Adeleke Deploys Top Officials to Community, Directs urgent Review | Why Ajibola Bashiru is Blind to Osun 7th Examination Ranking and 1st SW Prize on Health – Adeleke’s Spokesperson | GOVERNOR ADELEKE CONGRATULATES DR AKINOLA ON APPOINTMENT AS SWDC MD | Governor Adeleke Eulogises Dele Momodu at 65
Webmaster August 26, 2017

Osun Govt. Investment Records High Turnover in Six Years.

Osun State Government owned investment agency, Osun State Investment Company Limited (OSICOL) has recorded over 700% turn over in the last six years.
The investment fortune has grown from about 300million in 2011 to about 2.6billion in 2017.
In the company’s balance sheet made available to newsmen in Osogbo revealed that the turn over represent 760% growth increment in the last six years when Aregbesola administration came on board.

A product of the company, Essence Table Water which is on high demand boost and encourages revenue base of the company.
The General Manager of OSICOL, Mrs. H. I Amade while speaking with newsmen said that the company made high sales from the water because it circulated and accepted across the country.
She noted that the improvement was achievable through Governor Rauf Aregbesola’s unflinching support for the company’s course.
According to her,  “In line of producing healthy water, most water company failed to avoid the presence of mercury in their processed water. Mercury, an element which naturally is found in air, water and soil can cause serious damage to the body when exposed to even a little of the substance.
“When exposed to mercury, the nervous, digestive and immune systems, lungs, kidney and even the skin might be affected. Mercury also exists in various forms (metallic, inorganic and organic) and these forms determine the extent of health hazard on people exposed to it.

“This is what our company has prevented in the production of our table water and it has become a driven force to our impressive revenue annually”, she added.
Mrs Amade attributed the tremendous improvement in the company’s revenue base to Governor Rauf Aregbesola’s determination and dynamism adding that the company has sustained the acceptability strength of its table water production as it is now one of the leading brands in the array of similar products in the south western Nigeria.‎
The OSICOL General Manager revealed that medical experts have seen and acknowledged the quality of the water production just as it is being recommended for use in hospitals as well as it is makeup derived from well researched materials.
She attributed the wide acceptance of the product as well as the recommendation given by the medical practitioners to mercury free value which she said has distinguished it in market.
“Aside OSICOL Water, the company has nearly completed the biggest gas station in Osogbo, the Osun State capital, delved into real estate with properties in Lagos and Abuja, the federal capital territory coupled with about 526 hectares of land in cultivating cocoa in Ibokun.
“The Osun State Investment Company Limited has also won several awards and recognition in commemoration of its excellence in being one of the leading Investment platforms in the south western part of the country.
“OSICOL has embarked on diverse business ventures as part of efforts to boost the state’s internally generated revenue drive, create wealth and sustain its economic self-reliance.
“The company which was established in 1991 has various business interests, among them, are manufacturing, bulk purchasing, training and consultancy, sales and distribution, real estate, agriculture among others”, she affirmed.

Leave a Reply

Your email address will not be published. Required fields are marked *