The Government of Sokoto State has announced its collaboration with a private firm to establish a textile factory that would boost employment and economic opportunities in the state.
In a statement signed by the Special Adviser to the Governor on Media and Public Affair, Mallam Imam Imam, the Government said the factory will be sited in Kalambaina in Wamakko Local Government Area. The statement reads that the development was in addition to the successful partnership with the private company for the establishment of the new fertilizer company in the state.
“The textile company will have the capacity to produce 20,000 metric tonnes of finished products and will provide employment opportunity to approximately 2,000 people,’’ the statement stated.
The Special Adviser to the Governor on Public Private Partnership (PPPs), Alhaji Bahiru Gidado also told newsmen that the project will kickoff soonest.
“We are partnering with a company, Hijra Nigeria Ltd, to establish a textile factory in Sokoto and 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 and large populations 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,” Gidado said.
He further said that the State Government would continue to explore the advantages in PPA arrangement because of its success stories adding that in May this year, a new organic fertilizer plant was commissioned in Sokoto and the State Government had stake of 40 per cent.
“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 added.
According to him, work on the textile factory project has reached 70 per cent completion.