Return Kano To Industrial Hub, Minister Tells Governor

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Budget and National Planning Minister, Senator Udo Udoma, has told Abdullahi Ganduje, the Kano State governor on Tuesday 23 May, 2017, that Nigerians would like to see  his state return to its former status as a major industrial and commercial hub in the country.
The Minister who was speaking at the Second Kano Economic and Investment Summit, in Kano City, noted that under Governor Abdullahi Ganduje, the State has continued to pursue economic policies and programmes aimed at improving the lives of the people, with particular emphasis on education and infrastructural development across the state.
But he emphasised Federal Government’s desire to see a quick restoration of the boom days that characterised Sharada, Bompai and other industrial estates in Kano. “There is no doubt that Kano leather craftsmen are some of the best in the world. We must provide the enabling environment for the leather industry to grow and become a mark of quality recognised worldwide”, he added.
In furtherance of the desire, the Minister said funds have been provided in the 2017 Federal Budget to provide infrastructure for the revival of the Free Trade Zone in Kano to stimulate industrial activity. He added that funding has equally been provided for the revival of the Export Expansion Grant by way of tax relief, as a further incentive to exporters.
Senator Udoma said economic growth in Kano means economic growth in Nigeria, because the Nigerian economic performance is simply the sum total of the economic performance of all the States; and as the Minister of Budget and National Planning, he feels happy when States organise Economic and Investment Summits to bring together relevant stakeholders to deliberate on measures required to stimulate investments.
Acknowledging Kano as a bellwether state in Nigeria, because of its leading industrial and commercial status, the Minister said the effect of what happens in Kano goes beyond the borders of the state and affects how Nigeria is perceived locally and internationally. “This may explain why the World Bank has selected Kano, as one of the two States in Nigeria, whose performance indices are used in assessing Nigeria in their annual Ease of Doing Business rankings.” Lagos, the commercial capital of the country, is the other State.

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