Thursday, 28 June 2012

AMOSUN UNDERSCORES NEED FOR INVESTORS TO EMBARK ON CSR PROJECTS


Ogun State governor, Senator Ibikunle Amosun has tasked investors in
the State to always plough back into the system, part of their profits
by embarking on sustainable Corporate Social Responsibility (C.S.R)
projects to develop the socio-economic life and well being of their
host communities.
   
Senator Amosun gave the charge in Abeokuta when the Managing
Director of Procter and Gamble, Mr. Manij Kumar paid him a courtesy
call in his office.
   
The Governor also underscored the need for such investors to pay their taxes and other levies appropriately into the coffers of the Government, pointing out that this would further boost government’s
ability to provide necessary infrastructural facilities for their use.
   
 He said the present administration would continue to partner with genuine investors with the aim of developing the State and creating wealth for the people.
   
Speaking earlier, the Managing Director of Procter and Gamble, Mr.Kumar said the company which had been operating since 75 years ago had already purchased 40 hectares of land in Agbara with $250 million to
be injected into the business expected to generate 750 jobs and create 300 Small and Medium Enterprises.
   
Mr. Kumar said that the company intended to further collaborate with the State government and the nation at large in the area of human capital development, describing the State as a comfortable and
progressive place to do business.

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