Chinese Textile Firms urge to establish production factories in Lagos

Lagos State Governor, Babajide Sanwo-Olu has expressed the need for old and prospective Chinese textile  firms operating in the state to set up production factories in the state. 

The governor made this appeal yesterday at the official flag off ceremony of the Special Business to Business (B2B) Fair at the ongoing Lagos International Trade Fair. 

The Governor said that the state government would continuously seek collaboration with organisations from Asia that prepared to operate in the state by creating the enable environment for businesses to thrive. 

Speaking further, he said, “We will continue to encourage Chinese textile companies that want to come and invest in Nigeria.”

He further said that the Chinese companies must consider establishing textile hubs in Lagos so as to boost the capacity of local participants as this can have  positive effect on the economy as a whole. 

In his opening remarks, Commercial Counsul of the Consulate General of the People’s Republic of China in Lagos, Mr. Liu Junsheng, said China remains a strong trading  partner with Nigeria assuring that the fair affords another opportunity for greater collaboration with businesses within Lagos State and beyond.   

National President of the Nigerian Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), Hajiya Saratu Aliyu, said it is no news that vehicles are now being assembled in Nigeria, and there are various advance automobile workshops in the country, although there is still a lot to be achieved in this sector.

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