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GIZ targets 5000 leather, garment units in Nigeria's Aba

14
Aug '19
Pic: Shutterstock
Pic: Shutterstock
The German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) recently announced plans to develop about 5,000 leather and garment businesses in Aba, the commercial hub of Nigeria’s Abia state, support them in building their entrepreneurship capacity and skills, according to GIZ access to finance advisor Yakubu Paiko.

Paiko said GIZ is responsible for the implementation of a four-year European Union-funded programme called Nigerian Competitiveness Project, aimed at strengthening the competitiveness of some selected product value-chains across seven states in Nigeria.

The value chains GIZ will improve within Nigeria are tomato, chilli pepper, ginger, leather and garment. In Aba, it will just focus on the leather and garment sectors, Paiko told a news agency.

GIZ will introduce the Aba-based companies to technology that will improve their productivity and production capacity, and link them to markets.

He said although they had no money to lend the businesses, they were bringing together key stakeholders like the Central Bank of Nigeria, Bank of Industry and commercial banks to give loans to the businesses. (DS)

Fibre2Fashion News Desk – India


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