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Ayo Akinfe
[1] Abians are arguably the most industrious people in Nigeria. Especially those our Abriba people and all the others from the old Bende District who have a monopoly on the clothing and footwear industry which they run from Aba
[2] To cash in on this, I think the Abia State government should fund the construction of 12 technical vocational training colleges across the state aimed at making it the new fashion capital of the world
[3] In addition, the Abia State government should enter into a deal with Nigeria’s Bank of Industry to open five branches across the state. Under the terms of this arrangement, no Aba manufacturer will be charged more than 5% on any loans taken out
[4] Any new manufacturer opening up in a clothing or footwear plant in Abia State will get a five year tax holiday, underwritten by the state government
[5] Anyone who switches from being a distributor to a manufacturer of footwear and clothing materials will receive interest-free loans
[6] Furthermore, the Abia State government will be mandated to set aside land for the opening of an automobile manufacturing plant as Nigeria seeks to cash in on the electric car boom
[7] Also, Nigeria’s federal government will take out a 25% in an Aba leather tanning factory that will aim to manufacture enough to produce 10m shoes a year
[8] Our Abia State government must also pass a new law under which any clean energy product manufacturer who opens a plant in Aba will get a 10-year tax holiday
[9] Our Abia State government needs to construct rail links linking Aba to the ports of Lagos, Warri, Port Harcourt and Calabar to facilitate the easy shipment of manufactured goods
[10] Nigeria’s federal government should take out a 25% in a local manufacturing conglomerate to be known as Ngwa Enterprises. It will aim to become the Mitsubishi of Nigeria