One year after the popular Gossy Water went out of business due to the liquidation of its parent company, it has re-emerged in full force.
Governor Kayode Fayeni of Ekiti State on Tuesday commissioned Gossy Water‘s Production plant, as the company commenced its full-scale production of bottled water.
Initial Closure: Governor Fayemi was displeased over the company’s initial shut down.According to Fayemi, Gossy Water was supposed to be generating revenue for the state if not for its closure.
He narrated how the company went moribund due to lack of conducive environment for ease of doing business in Ekiti State after he left office in 2014.
The company is a joint business:Â the Governor further disclosed that the bottling company was a joint business venture under Otunba Adeniyi Adebayo, the first civilian Governor of the State and other investors.
He also added that the creation of the company made waves in the market, thereby improving the Ekiti State’s IGR as well as creating job opportunities for its indigenes.
He also said that the re-establishment of the company is another milestone in the state, even as his Government is determined to restore every moribund project in the state.
 “I am particularly excited about this development because of its expected multiplier effects on the economic lives of the people and governance in the State. I, therefore, congratulate Ekiti Kete, home and abroad, for the restoration of this company which is an offshoot of one of our most prominent tourist attractions, the Ikogosi Warm Springs.”
Gossy Water to extend its brand:Â Speaking at the opening of the production plant, the Board Chairman of Gossy Warm Spring, Mr. Wole Adeyegbe, expressed the company’s readiness to run the Gossy brand profitably and extending the brand to related food and beverage segment.
He also added that the company has employed Ekiti state indigenes, saying it plans to have at least 300 of its direct and indirect staff from the state.
