‘Home and You’ Furniture factory to boost Lagos economy

The historic town of Ibeshe, a suburb of Lagos State came alive this week following the grand opening of Home & You ultra modern furniture factory in Ikorodu.

In what he described as the first furniture company of its kind in the Ikorodu axis, Akinwunmi Ambode, the executive governor of Lagos State stated that the commissioning of the multi-million naira factory is a clear indication that the efforts of the state government to provide security and infrastructure is beginning to yield positive results.

Represented by Rotimi Ogunleye, the state Commissioner for Environment and Physical Planning, governor Ambode noted that, the industrial made-in-Nigeria furniture produced by Home and You will compete very well with foreign products of their kind.

At the event attended by dignitaries from both the public and corporate sectors, including the Lagos monarchs, the state chief executive stressed that apart from bringing development to the Ibeshe community, the factory will play a sustainable role towards employment creation and increase the Nigeria’s Gross Domestic Product (GDP).

Giving more insight into the company,  Feyisola Abiru, chief executive officer and Founder, Home and You, said passion and undying crave for success have been the reason she was able to weather the storm in the early days of the 21 years old business.

She declared that if not for the support from BOI, the company would not have attained the position it has gotten to presently.

Continuing, the CEO said, ‘’They gave us the first facility in 2006 to get us running. We acquired world class machines from Italy. And when we needed to improve on our quality and expand the capacity of the business, we approached them again for another facility which was granted in 2017”.

On his part, Olusegun Osunkeye, pioneer chairman of the company, described Home and You as a young adult going places. Osunkeye, former chairman of Nestle Plc , and chairman the board of the company for seven and half years, described Feyisola as a decisive lady, who is well focused in her business.

Waheed Olagunju, executive director of Bank of Industry (BoI) who represented the financiers of the project, said the bank had supported the furniture company for about 13 years.

In his words, “What’s being commissioned today is an expansion. Home and You is a role model for others to emulate. By every standard, this factory is one of the best in the world and if the owners come again, we will give them loan”.