Nigeria to establish 774 cottage industries

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Minister of Special Duties and Intergovernmental Affairs, George Akume says the Ministry has gone far with plans to create 774 cottage industries across Nigeria.

He made the disclosure while briefing State House Correspondents at the end of this week’s virtual cabinet meeting presided over by President Muhammadu Buhari.

He said the move is in line with the current administration’s policy of moving 100 million Nigerians out of poverty.

“We are looking at the possibility of creating 774 cottage industries in our Local Governments, that means every Local Government will have one industry and this has gone very far.

“This is based on the industrial corridors and that means that where a Local Government is producing for instance Beni seed, where they could have a facility where the Beni Seed is cleaned and it is also dishoard for exportation in order to get foreign exchange,” he said.

Akume also said his ministry is collaborating with the Ministry of Agriculture to generate employment for the youth, through the utilization of dams to boost irrigation and power generation.

 

Timothy Choji

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