Money Talks: Turkish company invests in Nigerian textiles sector

Money Talks: Turkish company invests in Nigerian textiles sector



Catina was a textile boomtown in the 80s and its economy was thriving but a decade later seven of its ten textile companies had closed production costs or there were power shortages in foreign imports cording to sales Wadham Syndic is one of the workers who lost his job then my last one not supposed to be he's at the age of 21 he supposed to be a university knock but because there is no money all my children end up at secondary school level if I we don't go for three square miles in a day any longer sometimes if we're lucky we get in the morning getting even a fine sometime we get in the afternoon then that's all Syndic worked at Kaduna textile limited it was one of the oldest and most prosperous textile companies in the city this is what remains of it once business spinning room in a textile company that had more than 5,000 employees on its payroll like every other units in the fam it is non each other of its for myself but that might soon change the Turkish company called soar international plans to invest fifteen million dollars to reopen ktl it plans to manufacture uniforms for the military and please if we are able to revive Katie and one nice economic implication of 74 in exchange for the country this policy will rank with the policy of federal government of made in Nigeria okay to have the opportunity of employing over 5,000 people people like Joseph Solomon will benefit if a theory opens he's unemployed and struggles to support himself if there's no work and our corner before our stiff if my friend get work or Libre or building work then if you call me there now hold on good Solomon is hopeful he will get a permanent job at ktl symthic is also optimistic the company has promised to rehire for my employees it's not yet clear when they might go back to work but thinking about kids here reopening gets symthic through difficulties Wendy moon tiara word Kaduna

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