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Katsina State revives metal company to boost economy
The Katsina State Government, has said that it would revive the state owned Kankia Metal Works Company in order to turn around the economy of the state.

Gov. Aminu Masari, who made this disclosure at the company's inauguration on Saturday in Kankia, said government would revive it to full production capacity for purpose of rejuvenating the economy.

The governor said that the factory was established in 1982 by the defunct Kaduna State Government.
The News Agency of Nigeria (NAN) reports that the company is to be run under the Public Private Partnership with AMPRI Global Limited.

According to him, the revival of the company is necessary in view of the present dwindling price of crude oil.
He said that the company was established to produce nails of various sizes, ranging between five and half inches, as well as roofing sheets.

Masari, however, lamented that the factory had remained an empty building structure in spite of the installation of the required machines by the previous administrations.

“The present administration has released enough funds to revive the moribund industry in order to save the infrastructure and machines from decaying,’’ he said.

According to Masari, the company will create about 400 jobs for youths with various qualifications.
He urged the host community to be hospitable to the staff of the company so as to achieve the desired goal.
In his remarks, the Commissioner for Commerce, Industry and Tourism, Alhaji Abubakar Yusuf, said the government had conducted feasibility study to ensure that partnership with the company is viable.
He said the State Government would provide the enabling environment for investors as well as five years tax holiday for new industries in the state.

Mr Ampri Furi, the Managing Director of the company, pledged that the management of the company would abide by the agreements signed with the government.

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