- Shoes, garments, leather factories are set to be established in Kano and Abia states by the federal government
- The initiative is expected to be under a Private Public Partnership arrangement
- There are estimations that the project would provide about 4,330 direct and indirect job opportunities for Nigerians
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The Federal Executive Council (FEC) has approved the establishment of two shoes, garments and leather processing factories in Janguza, Kano state and Aba in Abia state under a Private Public Partnership arrangement.
This was disclosed by the minister of interior, Rauf Aregbesola, after the FEC meeting chaired by President Muhammadu Buhari on Wednesday, October 7.
The minister said that the project would be handled by a Nigerian company with the support of a partner from China.
According to him, the project would provide about 4,330 direct and indirect job opportunities apart from N5.1billion worth of investment.
“Invariably, when the partnership comes into effect, the benefit is enormous. About 1,330 people will have direct employment, while about 3,000 people will have indirect employment.
“The benefit besides the employment of Nigerians is the opportunity for training of the inmates of our correctional facilities in Janguza, Kano state and Aba in Abia state.
“The contract for full business skills compliance certificate is given to Messrs LG Investment Limited, a Nigerian company which is partnering with a Chinese company, Full Technology Incorporated from Beijing, China.”
Meanwhile, the spokesman for the Nigerian House of Representatives, Honourable Benjamin Kalu, has commended the federal government over the approval for the construction of Umuahia-Bende-Ohafia road in Abia state by FEC.
At its sitting on Wednesday, September 23, the FEC approved the construction of the road which had been abandoned for 44 years.
In a statement sent to Legit.ng on Thursday, September 24, Kalu expressed appreciation to President Muhammad Buhari and the minister of works and housing, Babatunde Fashola, stressing that when done, the road would boost the economic fortunes of the people in the area.
In a related development, President Buhari on Tuesday, September 29, commissioned the Itakpe-Ajaokuta-Agbor-Warri railway project virtually.
The event took place at the Agbor station of the rail line which was named after former president Goodluck Jonathan.
Speaking at the event, President Buhari urged Nigerians to support his administration's drive for the provision of infrastructure.
Buhari commissions Warri-Itakpe railway-line | Legit TV