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Man Frets Over Kaduna Firm's Relocation Plans by chyseth(m): 8:43am On Feb 27, 2012
MAN Frets over Kaduna Firms’ Relocation Plans

27 Feb 2012

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Bomb-Blast-2602.jpg - Bomb-Blast-2602.jpg

Boko Haram Bomb attack in Kaduna


From John Shiklam in Kaduna


The Kaduna state chapter of the Manufacturing Association of Nigeria (MAN) has expressed worry over plans by some companies to relocate from Kaduna; following activities of the Boko Haram sect.


Executive Secretary of MAN in the state, Alhaji Hahib Shuaibu, disclosed his fear in an interview during a workshop organised by the Institute of Directors (IOD) for chief executives of private organisations in Kaduna.


Shuaibu said if the companies are relocated from Kaduna, it would have serious consequences on the people and the economy of the state. According to him, some expatriates were planning to relocate their industries outside Kaduna and the North as a whole because of the activities of the Boko Haram sect and the insecurity in the North.


“Most of the expatriates are afraid. I know of companies who said they are scared of these Boko Haram attacks and were planning to relocate to safer places outside the North.


“You know the most affected by the Boko Haram activities is the Northern part of the country. If they relocate, this will have very serious consequences on the economy of Kaduna state and the North as a whole. But we are trying to persuade them not to relocate and we are encouraging the government to do better in terms of security,” he said.


Besides, he also lamented the poor power situation at the Kakuri industrial area, saying that most industries in the area were operating below capacity.


“Even with the textile revival fun, only three textile companies are functioning. In a nutshell, the textile sector is not doing well in Kaduna. Presently only 3 out of about 13 textile companies are functioning.


“At the federal level, a lot of companies benefitted from the CBN textile revival fund, but the state government has not been doing well. For instance, the issue of this independent power, the former administration in Kaduna state got MAN involved in it. But now they appear reluctant about it, I don’t know whether they are doing some other things, but they are slowing the project” he said.
Re: Man Frets Over Kaduna Firm's Relocation Plans by chyseth(m): 8:44am On Feb 27, 2012
i wish they will relocate to south east. they re guaranteed of trouble frre, conducive business environment

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