21st November, 2016
Katsina State Government says all the moribund government owned industries in the state will soon be revived in collaboration with foreign investors.
Alhaji Abubakar Yusuf, the state Commissioner for Commerce and Tourism, disclosed this while speaking with newsmen in Katsina on Monday.
He identified that some of the industries to be revived as Danja Sugar Factory, Kankara Kaolin Factory and Daura
Tannery, among others.
Yusuf said that most of these industries would commence operation soon after they had been revived given the level of collaboration with the foreign investors.
The commissioner said that these companies had been dormant for many years in spite of their importance to economic development, especially employment generation.
Yusuf said that the state government had signed Memorandum of Understanding with the foreign investors and that they would soon start working.
He said government had leased the Kankia Metal Works to an Indian investor, while the state-owned motel in the metropolis would also be leased to a local company.
He also said state owned hotels in Daura and Malumfashi would soon undergo rehabilitation to bring about maximum returns to government.
The commissioner said that the state government was ready to introduce additional sources of revenue generation to fulfill its promises to the electorate.
Yusuf called on the citizens to give the state government the necessary support to provide the dividends of democracy to them.