Posted by News Express | 1 January 2016 | 3,970 times
The Katsina State Government has set up machinery to strengthen Public Private Partnership (PPP) to revive state-owned moribund industries.
Alhaji Abubakar Yusuf, the state Commissioner of Commerce and Industries, disclosed this to newsmen on Thursday in Katsina.
He said that the measure was aimed at improving internally generated revenue for the state and reduce overdependence on federal allocation.
Yusuf said that the revival of the moribund companies would also provide employment for the teeming youth in the state.
The commissioner said that the state government had entered into an agreement with private investors for the revival of Kankia Metal Works; Funtua burnt bricks and Daura tannery.
Yusuf disclosed that the burnt bricks were expected to provide job opportunities to about 300 casual workers on daily basis.
He called on wealthy individuals to set up industries in the state so as to complement government efforts in reducing unemployment among the youths in the state.
The commissioner assured that the state government would provide conducive environment as well as provide assistance to people willing to establish companies and industries in the state. (NAN)
•Photo shows Gov. Masari.
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