Friday, April 3, 2009

Sokoto State well positioned for leather production

Sokoto State well positioned for leather production
Tue, 17 Feb 2009 11:21
Region
Nigeria
Sector
Agriculture and Agri-processing
Manufacturing

Summary:
Due to high slaughter figures in Sokoto State, animal by-products such as hides and skins are found in large quantities. This provides a favourable situation for the establishment of tannery, leather shoe and bag industries.
Contact
Dr Buhari Bello Kware
Email
invest.showcase.comm.sokoto@live.com

The Sokoto State government is offering local and foreign investors the opportunity to invest in leather industries.

Due to high slaughter figures in Sokoto State, animal by-products such as hides and skins are found in large quantities. This provides a favourable situation for the establishment of tannery, leather shoe and bag industries.

Incentives
Both the federal and Sokoto State governments have put in place numerous incentives to stimulate the development of industrial projects in the state.
Some of these incentives include:
equity participation in viable industrial projects;
easy accessibility of land in industrial estates;
guarantee of loans for viable industrial projects;
provision of infrastructure to industrial layouts;
availability of cheap labour;
import duty draw back;
income tax relief/pioneer status; and
tax relief for research and development.

For more information on this opportunity please contact Dr Buhari Bello Kware of the Sokoto State Investment Promotion Committee at invest.showcase.comm.sokoto@live.com

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