AbaCityBlog
Sunday, July 27, 2025
  • Login
  • HOME
  • Student Guides
  • Scholarships
  • Travel
  • Tech
  • Business
  • Make Money Online
  • Gadgets
  • DIY
No Result
View All Result
  • HOME
  • Student Guides
  • Scholarships
  • Travel
  • Tech
  • Business
  • Make Money Online
  • Gadgets
  • DIY
No Result
View All Result
AbaCityBlog
No Result
View All Result

A new footwear manufacturing company set to open in Abia State

January 28, 2019
in Aba News

A new footwear manufacturing company has indicated an interest to open a branch in Abia State this year.

This was disclosed during a courtesy visit to the Governor by management of Nibra designs, Managing director of NEXIM bank and the representative of a Brazilian shoe company.

The project which is expected to produce 100,000 pairs of shoes daily will be launched today at Obuaku. According to Dr Wura Abiola, Chairman of Nibra Designs Ltd, the decision to set up the factory in partnership with a Brazilian shoe making company was informed by the need to tap into the existing footwear ecosystem in Aba and support the Governor’s industrialization agenda.

According to her, the NEXIM Bank-supported project will train and employ an initial 3,000 persons to work at the facility which is expected to be completed in nine months.

Following the dogged efforts of Governor Okezie Ikpeazu in promoting and developing Small Medium Enterprises and manufacturing in the state, the NIBRA DESIGNS LIMITED and NIBRA BRAZIL, an International Leather firm, are to perform the groundbreaking ceremony for the establishment of its footwear factory and Leather City Industrial Park in Obuaku, Ukwa West LGA on Monday, January 28, 2019.

The chairman of NIBRA DESIGNS LIMITED, Dr Wura Abiola, who stated this when she led a delegation of the company, its development partner from Brazil and representatives of NEXIM BANK, on a courtesy visit to government House, Umuahia, said the company is in partnership with NIBRA BRAZIL to bring technology to Nigeria’s footwear sector working with the Aba ecosystem.

Dr Abiola noted that when fully established, the company has the capacity to produce fifteen thousand pairs of shoes daily at take off and one hundred thousand pairs at full capacity, adding that the company will also train Aba shoe makers and graduate them from artisans to full entrepreneurs.

On his part, the Managing Director of NEXIM BANK, Mr Abubakar Bello, said as an Import/Export Bank, the bank is providing the company with facilities worth $10,000,000 (Ten Million US Dollars), adding that its financial assistance to the company will be in phases.

Also speaking, the Chief Executive Officer of Abia Public Private Partnership and Investment Promotion Board, Dr Austin Ufomba, regretted that China produces over ninety percent of over four hundred million pairs of shoes worn in Nigeria annually, pointing out that the NIBRA DESIGNS has come to revolutionize the Shoe and Leather markets in partnership with Aba artisans.

He further said that the development will create more business opportunities for Aba artisans in addition to job opportunities for teeming Abia Youths.

Addressing the delegation, Governor Okezie Ikpeazu expressed satisfaction that his efforts in promoting indigenous goods is beginning to yield fruits, adding that the development will make Abia entrepreneurs to remain afloat in the twenty first century Leather and shoe business.

Governor Ikpeazu said that his administration has no other option but to keep supporting the growth of SMEs and manufacturing in the state and promised to provide the company the right business atmosphere for its smooth operation.

Tags: Abia StateMade In Aba
Next Post

Warning: Undefined array key "jnews-75x75" in /home/abacsskt/public_html/wp-content/themes/jnews/class/Image/Image.php on line 114

Warning: Trying to access array offset on null in /home/abacsskt/public_html/wp-content/themes/jnews/class/Image/ImageLazyLoad.php on line 105
Buhari in Abia

T A Orji and son Plots to embarrass Buhari in Abia


Warning: Undefined array key "jnews-75x75" in /home/abacsskt/public_html/wp-content/themes/jnews/class/Image/Image.php on line 114

Warning: Trying to access array offset on null in /home/abacsskt/public_html/wp-content/themes/jnews/class/Image/ImageLazyLoad.php on line 105
Abia State

ABIA 2019: Gov. Ikpeazu's Questionable Character or Equity? – Onyema Courage

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About us
  • Advertise
  • Contact us
  • Privacy Policy
Call us: +2347038111972

© 2023 Abacity Blog Media

Social icon element need JNews Essential plugin to be activated.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Contact us
  • Advertise
  • Aba News
  • #OffBeat

© 2023 Abacity Blog Media