$50-mn textile firm to be established in Nigeria's Kano
31 Oct '19
1 min read
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Mudassir & Brothers, a Nigerian textile trading company based in Kano, will set up a textile manufacturing firm worth over $50 million there. Its chairman-cum-chief executive officer Alhaji Mudassir Idris Abubakar recently said the decision to expand is to complement President Muhammadu Buhari’s policy of encouraging local production of qualitative goods.
Abubakar said Kano state governor Abdullahi Umar Ganduje has allocated 22.5 hectares for the company, which will generate over 10,000 jobs, according to a report in a Nigerian newspaper.