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Sokoto Govt Partners Private Firm To Establish Textile Factory | The Precision

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Few
months after it commissioned a new fertiliser company, Sokoto state
government said it is partnering with a private firm to establish a
textile factory in the state.

The company, to be
situated at Kalambaina in Wamakko LGA of the state, will have the
capacity to produce 20,000 metric tonnes of finished products and will
provide employment opportunity to approximately 2,000 people.
Speaking
to reporters on the project, the Special Adviser to Governor Aminu
Waziri Tambuwal on Public Private Partnerships (PPP), Alhaji Bashir
Gidado, said all arrangements have been concluded for the successful
take off of the project.
“We’re partnering with
a company, Hijra Nigeria Ltd, to establish a textile factory in Sokoto.
The state government will have a 40 percent equity state in the company
and we expect to start production towards the end of 2017.
“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. 
“By
the time the company is fully on stream, it will provide employment
opportunities, create wealth and enhance the socio-economic well-being
of the people of the state,” he added.
Gidado
said the state government will continue to explore the advantages in PPP
arrangement because it has proven to be successful in other climes.
“In
May this year, a new organic fertiliser plant was commissioned here in
Sokoto. The government stake in that is also 40 percent. We have enjoyed
the benefit of working closely with private investors so I am confident
this textile initiative will also come on stream as scheduled,” he
said.
According to him, work on the project has
already reached 70 percent completion, saying the only thing left is to
install some components of the machines which are being awaited for
delivery from abroad. 

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