The Federal government has approved the establishment of a shoes, garments and leather factories in Kano and Abia state.
The factories will be run under a Private-Public-Partnership arrangements.
Rauf Aregbesola, Minster of Interior, revealed this to newsmen at the end of the Federal Executive Council (FEC) meeting on Wednesday.
He said the factory will be for the training of inmates in correctional facilities in Aba in Abia state and Janguza in Kano state.
When operational, the company will provide 4,330 direct jobs.
“The council approved the Full Business Skills Compliance Certificate issued by Infrastructure Concession Regulatory Commission, Abuja, for the design, finance, upgrade, operate, and transfer of the Nigeria Correctional Service Shoe, Garment, and Leather Processing Factory located in Aba, Abia State as well as Janguza, Kano State under a Public-Private Partnership.
“This full business skills certificate and the investment that will come therefrom amount to 5 billion, 100 million naira. Invariably, when the partnership comes into effect, the benefit is enormous. About 1,330 people will have direct employment, while about 3,000 people will have indirect employment.
“The benefit beside the employment of Nigerians is the opportunity for training of the inmates of our correctional facilities in Janguza, Kano State and Aba in Abia State. The contract for full business skills compliance certificate is given to Messrs LG Investment Limited, a Nigerian company which is partnering with a Chinese company, Full Technology Incorporated from Beijing, China”, he explained.”