Ganduje Seeks CBN’s Intervention
Ganduje Seeks CBN’s Intervention on Cotton
Industry
Kano state governor, Dr. Abdullahi Umar Ganduje has met the CBN
Governor, Godwin I. Emefiele, to deliberate on plan of the apex
bank to intervene in the cotton value chain in Kano.
The value chain entails growing cotton to ginning, spinning,
textile manufacturing and garment production.
The meeting, which took place at the bank’s headquarters in
Abuja, also focused on the status of the on-going power project in
the state and other power – related infrastructural challenges
hindering the effective operations of the cotton industrial cluster
in the state.
It could be recalled that the Ganduje administration signed a
Memorandum of Understanding with Shandong Ruyi Technology Group of
China to invest millions of US Dollars, to facilitate the
development of a textile industrial park in Kano.
“This will give support to the proliferation of large cotton
farms which will catalyze activities in the textile and garment
industry in the country”.
“However, we need stable power to actualize the initiative. We
have attained significant percentage of completing our hydropower
projects at Tiga and Challawa. We gave free land to some companies
for establishment of solar power projects in the state”, the
governor asserted.
“When the Shandong Ruyi project eventually takes off, it will go
a long way in consolidating our position as the leading commercial
nerve center in Northern Nigeria and even in West Africa”.
Gov. Ganduje noted that the textile sector was very important, for
creating jobs and poverty reduction, given Kano state’s high
population.
“Due to lack of power, several textile companies in Kano have
closed in recent years, leading to loss of thousands of jobs. We
are therefore, working with the CBN and other stakeholders to
ensure that our vision for the cotton value chain is achieved so
that many people can get jobs and make our economy more
vibrant”.
Ameen K. Yassar
Director – General, Media and Publicity,
Government House, Kano