Monday 25 February 2019

EPE PLYWOOD

Epe Plywood 








The moribund Epe plywood factory   environment is filthy while some areas have developed heavy moulds. The compound  is “decorated” with overgrown with weeds .
At the gate one could see  the rustic iron gate of the Epe Plywood company  that speaks volumes as four  haggard looking security officers guarding  the company  are  bitter,  they confided in this reporter that they had been there working for over 24years, with their delayed their salaries  from Ibadan , the head office .
” We are being owed   some months’ salaries  and please publish our  predicament but don’t mentioned our names”, one of them pleaded.
Seeing  the multi –  million naira worth of machines wasting away could melt one’s heart and open litany of  questions on government’s management in business  activities.
Inside the premises are abandoned and rusty engines  like sawing machines, lifting machines , cutting machines, smoothing machines and many others .The  rusty and weather – beaten machines  exposed to the sun and rain would bring endless litany of complaints about the abandoned company.The company that had been producing wood for chairs , tables and doors and other furniture works cannot even produce for itself again!
Epe Plywood Industries Limited was established in 1965 and jointly owned by Odu’a Investment Company  who owned 91 . 2 per cent  and the Bank Industry has 8.8 per cent .The industry was into saw mill business  producing furniture, veneer , flush doors .It is a major wood processing company  established in 1965 for the production of plywood, flush doors, veneer and furniture. Many of Nigeria neighboring countries like Ghana, Cote D’ voire ,Gambia Sierra Leone among others  patronized the company.

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