The University of Port Harcourt has taken a major step to restore one of its dormant ventures. The institution signed a Memorandum of Understanding (MoU) with Giolee Global Resources Limited, an indigenous environmental solutions company, to fully operate and rejuvenate the University’s Bottling Company.
The facility had suffered years of low performance. However, the new agreement aims to boost operations, increase output, and strengthen market visibility.
A Significant Moment for UNIPORT’s Investment Drive
The signing was held on Thursday, 12 December 2025, at the Vice Chancellor’s Committee Room. The ceremony underscored UNIPORT’s drive to expand internally generated revenue and improve business efficiency.
Dr. Sam Kpenu confirmed that Vice Chancellor Prof. Owunari Georgewill signed on behalf of the institution. He described the agreement as a strategic step toward reviving dormant University-owned enterprises.
Prof. Georgewill said, “This partnership is a testament to our determination to reposition and enhance the productivity of University-owned enterprises.
“We believe that Giolee Global Resources Limited has the capacity and expertise to transform the Bottling Company into a profitable and efficient facility that will serve the University community and beyond.”
Giolee Commits to Modernization and Growth
Giolee Global Resources Limited expressed appreciation for the University’s trust. The company promised to modernize the plant and improve product quality.
Chief Lesi Mao, the Chief Executive Officer and Managing Director, assured full dedication to the project’s success.
Mao said, “We are honored by this opportunity and fully committed to delivering excellence.
“Our goal is to introduce modern processes, enhance product quality, and ensure that the Bottling Company becomes a competitive and sustainable enterprise.”
Boosting UNIPORT’s Investment Portfolio
The Chairman of University of Port Harcourt Investment Limited, Mene Kadilo Kabari, highlighted the importance of the partnership. He noted that the deal would strengthen the University’s investment foundation and set a strong model for future collaborations.
Kabari noted, “This collaboration is a major milestone in strengthening the University’s investment portfolio.
“We are confident that this agreement will yield meaningful economic benefits and set a strong precedent for future partnerships.”
Conclusion: A Turning Point for UNIPORT?
This partnership marks a bold shift in how UNIPORT manages its business assets. If well executed, the collaboration could revamp the Bottling Company and inspire wider reforms across the University’s enterprises.
What do you think of this development? Do you believe this partnership will deliver real results? Share your thoughts in the comments section and let’s discuss.