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New textile factory to employ over 2,000 in Sokoto state
- August 29, 2017
- 0 comments
- Demola
- Posted in EconomyIndustryTextile
Sokoto state has entered a public private partnership with a firm Hijra to establish a textiles factory in the state.
Sokoto will retain a 40% equity stake in the factory expected to start production by year end, according to Bashir Gidado, special adviser to the government on public private partner.
The factory, almost 70% complete, is expected to begin production by year end.
“The only thing left is to install some components of the machines which are being awaited for delivery from abroad.”
Gidado said when fully on stream, the company would provide employment opportunities to 2,000 people, create wealth and enhance the socio-economic well-being of the people of the state.
He added that the company to be situated at Kalambaina in Wamakko local government area of the state, would have the capacity to produce 20,000 metric tonnes of finished products.
“As you may be aware, we have abundant raw materials in the state. A large section of our people are cotton farmers so this company will provide a ready market for their products. We are also in touch with others from neighbouring states like Katsina, Kebbi and Zamfara,” he stated.
Source: Daily Trust
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