It was a day of excitement and fulfillment for the management of Funlayo Adebo Enterprises popularly known as FAE Limited and its staff as they launched their premium envelopes and Letter heads called ‘First Class’ at the Radisson Blu Hotel, GRA, Ikeja, Lagos state.
Managing Director, FAE, Princess Layo Bakare-Okeowo, in her opening address said she is delighted to launch the newest and latest premium envelopes and letter heads.
Noting that the launch of First Class envelopes and letter headed papers, would positively change the landscape of envelope production globally.
Taking her guest on a memory lane, Princess Layo said her adventure into manufacturing was not accidental, but was borne out of a strong desire to create more value.
She added that some components of production were sourced locally with a high level of consideration for the environment.
“FAE started from a humble background over half a century ago. The major line of business then was trading of stationery and office items. In the early days, the business was run by my late mother and my humble self. Our adventure into manufacturing was not accidental but was borne out of a strong desire to create more value and also as a result of the wealth of experience gained overtime from various endeavors of life.”
“Our lofty desire and strategic business plan is to see the product beyond the shores of Nigeria, thus making it a major foreign exchange earner for our economy.”
“I would like to sensitize government at various levels to institutionalise the made in Nigeria project by patronizing Nigerian manufacturers also creating the enabling environment for their businesses to thrive.”
“This can be done by reviewing the Nigerian tax regime and investing in the power sector to improve power generation, distribution, and transmission to oil the economy”, she stressed.
Chairman, NEPAD Business Group, Nigeria, Mrs Nike Akande, a special guest at the occasion urged manufacturing companies to improve on the quality of their products and become competitive globally.
Akande, said as the quality of the nation’s local productions improve, local and international demand for them will increase simultaneously.
“For FAE Limited, it is clear that the organization is on the right track to ensure that Nigeria remains a force to reckon with among the comity of nations as a producing country and not as a dumping ground for goods manufactured outside its shores”, she said.
Other dignitaries who were present at the occasion includes the President, Manufacturers Association of Nigeria, MAN, Engr. Mansur Ahmed, President,Lagos state Chamber of Commerce and Industry, LCCI, Mr Babatunde Ruwase, FCA.Otunba Adeona Fusigboye of Ijebu Land and Former Ogun State Commissioner for Commerce and Industry, Otunba Bimbola Ashiru and a host of