THE GUARDIAN
Jubilee Syringe Manufacturing (JSM) Company, in Awa, Onna Local Council of Akwa Ibom State, has ended its operations, attributing the decision to “unforeseen circumstances affecting business operations.”
The company, which was reputed to be the largest syringe manufacturing venture in Africa, was inaugurated in 2017 by former Vice President, Yemi Osinbajo.
Though it had stopped production many months ago, it finally announced the end of operations on December 31, 2023, saying it had to implement temporary measures to ensure the long-term sustainability of the company.
A memo addressed to all workers, which was made available to newsmen, stated that all positions have been placed on temporary redundancy effective January 1, 2024.
The statement titled, ‘Temporary Redundancy: Service Not Needed Till Further Notice,’ reads in part: “It is with a heavy heart that we write to you today to communicate a challenging decision that Jubilee
Syringe Manufacturing Company Limited has had to make due to unforeseen circumstances affecting our business operations.
