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Good market potential for leather products
Fri, 19 Jun 2009 04:04

Region
Nigeria

Sector
Agriculture & 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
infonigeria@gan.co.za


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 infonigeria @gan.co.za

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