The efforts of the Nigerian Ambassador to Netherlands, Dr. Mrs. Nimota Akanbi to attract Direct Foreign Investment (DFI) to the country in line with the transformation agenda of President Goodluck Ebele Jonathan has yielded a positive result as not less than 50 Dutch companies have indicated their interest to either start or expand their businesses in Nigeria.
At the just concluded Business and Investment Forum in Netherlands, textile giant Vlisco Group revealed that it was ready to acquire not less than four of the ailing textile factories in the Lagos axis of the country even as the company is also set to establish tailoring academies to train hundreds of Nigerians.
At a meeting with the Minister of Trade and Investment, Dr Olusegun Aganga and Ambassador Nimota Akanbi during the Business Forum, the Managing Director of Vlisco Group Netherlands, Hans Oujendendijk said besides sourcing of cotton locally to stimulate the economy, Woodin brand fabrics would be printed in Nigeria, factory while Vlisco would acquire and revamp some factories in Nigeria. Hans disclosed that 1000 direct and 10000 indirect jobs would be created in Nigeria stressing” it is a catalyst to kick starts the Nigerian fashion industry”.
He explains further” Woodin would be manufactured in Nigeria with an output of more than 10million yards annually. We are also to establishing Vlisco Regional office in the country and 50 retail stores.”
The Minister of Trade and Investments Dr.Olusegun Aganga who was excited about the development said what Nigeria needs now is job creation adding that government will be ready to encourage any investor ready to create jobs for Nigerians.
Source: The sun newspaper