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Pakistan investors show interest to take over languid Nigerian textile firms

Related Keywords: Nigerian Textile industry, Pakistani investors

Pakistan investors willing to take over Kaduna Textile Limited (KTL), Notex and Finetex, the Nigerian textile industry which are facing problem as it can product only 10 percent capacity. The potential investors had been told of challenges faced by these textile companies. The physical inspection of the companies has been done and negotiations are on, said Garuba Salawa, director-general, Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA).

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