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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Segilola inaugurates road, water projects in Osun

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • Segilola Resources Operating Limited (SROL) commissioned a rehabilitated road and a community water production facility in Ijesaland, Osun State.
  • The projects, part of SROL's Community Development Agreement, aim to support infrastructure, economic empowerment, and sustainable growth in host communities.
  • The initiatives have created over 80 direct jobs, with a significant percentage of the workforce drawn from local communities and Osun State.

Segilola Resources Operating Limited (SROL) has inaugurated significant infrastructure and community development projects in Osun State, Nigeria. These include a rehabilitated road network and a community-owned water production facility, both located in Ijesaland.

The commissioning took place during a visit by the Owa Obokun of Ijesaland, Oba Clement Adesuyi Haastrup, to SROL's operations in Odo-Ijesa. The monarch toured key company assets, such as the Segilola Gold Mine and the Ogere-Ekun Golden Water Factory in Iperindo.

It is equipped with reverse osmosis and ozone treatment systems, sachet and bottle water production lines, shrink-wrapping units, labelling and capping machines, and a 60kVA backup generator. Supporting infrastructure includes a borehole, storage tanks, sterilisation units, production halls, and a loading bay.

โ€” SROLThe company described the technical specifications and supporting infrastructure of the Ogere-Ekun Golden Water Factory.

These projects fulfill SROL's Community Development Agreement obligations, focusing on infrastructure development, economic empowerment, and fostering sustainable growth within its host communities. The company highlighted that these initiatives have generated over 80 direct employment opportunities, with 27% of its workforce originating from host communities and 25% from Osun State.

The company has provided employment to more than 2,000 people across the South-West, with 40 per cent drawn from Ijesaland.

โ€” Oba Clement Adesuyi HaastrupThe Owa Obokun of Ijesaland commended SROL's employment impact in the region.

The Ogere-Ekun Golden Water Factory, designed to produce 3,000 liters of treated water per hour, is structured as a revenue-generating venture. It features advanced treatment systems and production lines, supported by a borehole and storage facilities. Governed by a Board of Trustees composed of community representatives, the factory aims to reduce reliance on unsafe water sources and create long-term economic value.

Additionally, SROL rehabilitated a 2.4-kilometer road connecting Imogbara and Odo-Ijesa, including grading, filling, and the installation of drainage systems. Oba Haastrup commended SROL's investments, noting the company's broader impact of providing employment to over 2,000 individuals across the South-West, with a substantial portion from Ijesaland. He emphasized the importance of Community Development Agreements and sustained corporate social responsibility efforts.

The monarch also stressed the importance of Community Development Agreements and sustained corporate social responsibility efforts that deliver direct benefits to host communities.

โ€” Oba Clement Adesuyi HaastrupThe Owa Obokun of Ijesaland highlighted the significance of corporate social responsibility initiatives.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.