Huge Benefit Awaits Investors in Kano – Ganduje
( Ameen K. Yassar) Kano : Kano state Governor, Dr. Abdullahi Umar Ganduje has charged local and international investors to take advantage of the state government’s liberal investment policy to build manufacturing industries in the state
He said serious investors stand to benefit from several incentives such as Free Land for the setting up of Industrial/Manufacturing ventures.
The governor made the call late Wednesday eveneing when he visited Tiamin Rice Mill in the outskirts of Kano, which was constructed on land donated by the state government.
Other incentives for investors, he added, are adequate tax holidays or relief for industrial ventures, provision of adequate infrastructure, water, and electricity for business as well as stable and secure environment.
According to him, “the state government also has excellent legal and other support for ease of business, would provide support for local employment of staff, facilitate transfer of dividend or profit net of taxes in addition to Zero tolerance for corruption”.
Gov. Ganduje therefore, commended the Chairman of Taimin Group, for his foresight in accepting the state government’s offer of land and other incentives to build the company, which he noted, would create thousands of jobs.
“From what I have seen, I think I will not mind giving him more land when he asks for it, because he has demonstrated that he is willing to utile the land given to him so that a lot of employment opportunities can be create for our youth”, the governor maintained.
“The private sector has a key role to play in expanding Kano’s industrial base, turning the manufacturing industry into a significant employer and boosting economic expansion initiatives”.
He said investments such as the rice mill would consolidate the Federal Government’s ban on rice importation and encourage local rice farmers.
The chairman of Tiamin Group, Alh. Aminu Tiamin, said he was encouraged by the investor friendly policies of the Ganduje administration, to spend billions of Naira in establishing the rice mill which was ready for commissioning.
He explained that the company has the capacity to produce 320 metric tonnes of rice per day and would create thousands of job opportunities for skilled and unskilled youths in the state.