smithsydny:
Welcome

seunny4lif:
Great news

The world needs China more than China needs the world.
China knows how to do business.
But why did our government abandon that factory

Rick9:
Wow At last am First To Comment, I dedicate this FTC to all Nairalanders , Friends & enemies,
You guys are too much. I too like Nairaland - Natural LandE too sweet oh. .
.



@ Topic can I just get $100,000 from the money, I would be richer than Dangote in few years time.

seunny4lif:

With the Chinese

realjoker:
A Chinese multinational company, Shandong Ruyi Technology Group is set to invest $600 million in the textile and garment industry in Kano State.
Already, talks between officials of the company and the Kano State Investment Promotion Agency have reached advanced stage, and it is expected that a memorandum will be signed in the next few months.

The chairman of the state Investment Promotion Agency, Alhaji Isyaku Umar Tofa made this known during the presentation of certificates of occupancy to two investors by the state governor, Dr. Abdullahi Umar Ganduje, at the Government House in Kano.

“We are about concluding talks with them and they were encouraged by the commitment of the Ganduje administration to provide tax incentives as well as free land for their huge investment,” he stated.

Alhaji Isyaku Umar pointed out that the government was giving out free land to two companies namely; Black Rhino/Dangote Group to construct a 100 megawatt solar power plant, at the cost of $150 million and St. Meer International Investment and Management Company which would invest $120 million to finance a similar project in the state.


Presenting the certificates of occupancy to the two investors, Governor Abdullahi Umar Ganduje said the decision to give them 207 hectares and 152.3 hectares, respectively, for free, was part of effort at engendering competitiveness and attracting Foreign Direct Investment.

“It is in our interest to encourage investment in areas which have potential multiplier effects on the growth of the economy, including employment generation”, noting out that the two companies would generate solar power that would help in addressing the states’ energy deficiency.

“We are willing to remove any stumbling blocks towards the success of your investments because of benefits that will come to our state” the governor stressed.
Governor Ganduje maintained that his administration decided to engage an industrialist as chairman of the State Investment Promotion Agency in addition to actively involving representatives of what he called “the main industrial blocs in the state.

http://leadership.ng/2017/07/10/china-invests-600m-kanos-textile-industry/






https://www.youtube.com/watch?v=4RofAgQIlWM

teamsynergy:


no true.... its a mutual thing.... if u produce and no one wants to consume nko....

eblazer:
its amazing how chinese are taking over the African continent ,without much stress and we are applauding them as though we were initially blind to our plight ....kano textiles has long been in operation but due to mis-management,carefree attitude,it suffers what china is coming to revive ,soon the Government and our people(company staff) will be at the mercy of their kung fu !

Rick9:
Wow At last am First To Comment, I dedicate this FTC to all Nairalanders , Friends & enemies,
You guys are too much. I too like Nairaland - Natural LandE too sweet oh. .

seunny4lif:

People must consume, we both know that one.
China remain the Best for Africa

teamsynergy:



not just africa .. trru out the globe.. If u import, u'd know this