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However, most of the industries have been a shadow of their past, declining since the past two decades. But the state government said it has devised a means to cause a rebound of industrialisation in the state. To kick-start this process, the state recently announced that the Central Bank Nigeria (CBN) has approved N10 billion funds to revive ailing industries in the state, with hopes for more funding. Why Kano industries went moribund – Ganduje At the stakeholder meeting, Governor Abdullahi Ganduje minced no words when he delved into the issues that resulted in the closure of major industries in the state. ....
January 19, 2021 January 19, 2021 Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN) have secured a N10 billion intervention fund from the Central Bank of Nigeria (CBN) to revive companies impacted by the Covid-19 pandemic. Speaking at the sensitization meeting on Kano Turnaround Project, on Monday, in Kano, the Director General of KanInvest & Diaspora, Hajiya Hama Ali, said the programme, which was designed to revive companies that had been affected by COVID-19 pandemic, would target at least 50 companies. She explained that the CBN initially donated N10 billion to the agency, for the project’s take-off, saying that the apex bank had agreed to also increase the fund. ....
ON THE GO AK-47, army uniform recovered as police kill ‘bandit kingpin’ in Zamfara The Zamfara police command says the leader of a bandit group in the state has been killed during a patrol by officers attached to operation Puff Adder II.Advertisement Communities across. JOB ALERT: Osun announces recruitment into Amotekun The Osun government has announced recruitment for persons interested in joining the Western Nigeria Security Network, also known as Amotekun, in the state. Advertisement The Amotekun outfit, which was established by. FG invites ASUP to emergency meeting over strike The federal government has invited officials of the Academic Staff Union of Polytechnics (ASUP) to an emergency meeting over its proposed strike.Advertisement ASUP had directed its members to go on. ....
CBN Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN) have secured a N10 billion intervention fund from the Central Bank of Nigeria (CBN) to revive companies impacted by the Covid-19 pandemic. Speaking at the sensitization meeting on Kano Turnaround Project, on Monday, in Kano, the Director General of KanInvest & Diaspora, Hajiya Hama Ali, said the programme, which was designed to revive companies that had been affected by COVID-19 pandemic, would target at least 50 companies. She explained that the CBN initially donated N10 billion to the agency, for the project’s take-off, saying that the apex bank had agreed to also increase the fund. ....