Tambuwal speeds up industrialization, to establish textile factory using PPP
Barely four months after flagging off production activities at its new fertiliser plant, the Sokoto State Government has partnered with a private firm to establish a textile factory in the state.
Lead partner and core investor, Hijra Nigeria Ltd have started growing logistics for takeoff of the factory planned for 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 about 2,000 people.
Work on the project has already reached 70 per cent completion, as installation of the machines components will begin as soon as they arrive from aboard.
This was revealed by the Special Adviser to Governor Aminu Waziri Tambuwal on Public Private Partnerships (PPP), Bashir Gidado, in an interview.
He said all arrangements have been concluded for the successful take off of the project.
According to him, “We’re partnering with a company, Hijra Nigeria Ltd, to establish a textile factory in Sokoto. The State Government will have a 40 per cent equity share 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. Large sections 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.
Continuing, he said “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”.
