Osinbajo Sets 25-Year Goal For Indigenous Company

Vice President Yemi Osinbajo has called on an indigenous company, Kresta Laurel Limited, to ensure that it produces its own brand of lift in the next 25 years, instead of dealing in imported items.

Kresta Laurel Limited is the only ISO 9001: 200x certified lift distribution company in Nigeria, which has since taken over from multi-nationals, including Holts, among others.

The vice president gave the charge in Lagos, while speaking at the 25th anniversary celebrations of the company, which took place at the Oriental Hotel, Lekki.

Eminent Nigerians that graced the occasion also included the Gombe State governor, Alhaji Ibrahim Dankwabo, Ogun deputy governor, Mrs Yetunde Onanuga and former Senate President, David Mark.

Others were one-time Governors Donald Duke and Niyi Adebayo; the Awujale of Ijebuland, Oba Sikiru Adetona, who led other obas; captains of industry, including Chief Subomi Balogun, Chief Kessington Adebutu (aka Baba Ijebu); Chief Kunle Ojora, Chief Fola Adeola; Pastor Tunde Bakare, among others.

“I am sure you know that in the next 25 years, and I pray that you will live all of the 25 years and more. But the challenge is that Crestal Laurrel must make its own lift, we must now have krestal Laurrel brand of lift that can stand the test of time. I am sure that you are already involved, that is the challenge,” he said. 

Osinbajo, who lauded the founder and chairman, Krestal Laurel Limited, Chief Gbenga Daniel, who is also former governor of Ogun State, for his foray in the business world in the last 25 years, said he was not surprised that Daniel was able to make extreme success with the company.

The vice president, who had been a friend of 40 years to Daniel through their university days, recalled the lone effontary of the former governor to form a social club outside the two officially allowed by the University of Lagos (UNILAG) authorities, saying he made a success of the effort as his club became the richest on the campus as of then, overtaking the ones he met, including AJC and Rotaracts. 

Osinbajo, however, described Daniel as a reliable and trustworthy person, whose stand on most issues would always be known.

Also speaking, Otunba Subomi Balogun, who was chairman of the occasion, lauded the courage of Daniel in taken a foray into a business world that was initially the exclusive preserve of multi-nationals, saying that what endeared him to the Krestal Laurel boss was his can- do attitude, his rare courage and being a partfinders.