Ogun to incentivise production of Adire fabrics, says Amosun
Governor Ibikunle Amosun of Ogun State has reiterated his government’s commitment towards developing made-in-Nigeria goods in order to key into the one of the Federal Government’s diversification agenda.
He said the state is evolving an all-encompassing framework on various designs as well as massive production of Adire and other local fabrics with a view to clothing Nigerians and export the materials to other countries of the world.
The governor, who was chief host at the Ogun State Day, one of the programmes at the recently concluded 2016 Lagos International Trade Fair, noted that Ogun State being the traditional maker of Adire, tie-and-dye local fabrics, is undergoing serious repositioning to modernise and incentivize production of local fabrics.
Amosun, who was represented by deputy governor, Yetunde Onanuga explained that though there had been efforts towards developing Adire and other local fabrics designs and production before now through provision of soft loans and required infrastructure, the state government was adopting multi-dimensional approaches to facilitate mass production of the local fabrics for local consumption and exports.
He said, “In line with the economic diversification programme of Nigeria’s government and even the private sector, Ogun State is repositioning Adire for local consumption and exports. Our administration has continued to support massive production of Adire and other local fabrics through the provision of single-digit interest loan to producers of Adire with the support of Bank of Industry (BoI).”
Also, the state’s Commissioner for Commerce and Industry, Bimbo Ashiru, reiterated that the government would continue to provide enabling business environment for existing and would-be investors operating in the state, saying over 100,000 direct and indirect jobs had been created in the last four years through a single-digit interest N1 billion loan jointly financed by State government and the Bank of Industry (BoI) as 1,050 individuals operating within MSMEs sector benefitted from the credit facility.
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