Benin Enterprise Park: Obaseki seals $200m investment for textile industry

Benin Enterprise Park: Obaseki seals $200m investment for textile industry

In furtherance to the Central Bank of Nigeria’s (CBN) concerted efforts to revive Nigeria’s ailing Cotton, Textile and Garment (CTG) sub-sector, Edo State Governor, Mr. Godwin Obaseki has secured a $200m investment for a cotton-weaving and spinning industry at the Benin Enterprise and Industrial Park, in Sapele road axis of Benin City.

 

Governor Obaseki, who said this during the maiden convocation ceremony of the Edo University Iyamho, said the CBN has been instrumental to the economic growth being recorded in the state, especially in the areas of industrialisation and agriculture.

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Source: Benin Enterprise Park: Obaseki seals $200m investment for textile industry