Idu Industrial Centre converts to Abuja furniture enterprise
Plans have been concluded by the Federal Government to convert the Idu Industrial Centre located in Abuja to furniture and wood enterprise cluster.
Director General of the Small and Medium Enterprise Development Agency of Nigeria, SMEDAN, Dr Dikko Radda, who disclosed this in an interview with newsmen, said the conversion will reduce foreign exchange leakages from furniture imports.
Radda said a study was conducted to ascertain the viability of industrial centres in Nigeria and Idu Industrial Layout in Abuja was picked for the pilot project for 2020 on development of industrial clusters across the country.
He noted that the proposed Furniture and Wood Cluster in Idu would stem importation of furniture from Dubai, Turkey and other parts of the world as all the machineries will be in place to equip entrepreneurs with the best tools to manufacture what Nigerians need.
According to him, SMEDAN would ensure that the cluster meets all the standards required to have a world class cluster for furniture and wood production.
The SMEDAN boss said after the pilot stage, SMEDAN would go into public private partnership arrangements with interested parties from the private sector to develop other industrial centres in Nigeria.
“The study recommended that the one in Idu should be converted into furniture and wood cluster, which will meet the global requirement. That is what we intend to achieve in 2020,” he said.
He disclosed that money has been budgeted for project in 2020 budget and as soon as the funds are released, the project would be implemented and President Muhammadu Buhari would be invited to launch it.
According to him, the project would give people working in furniture and woodwork sector of the economy a place to work, meet regulatory agencies and have modern working equipment.
“The cluster will be where they will have their shops, and workshops will exist, and have independent power plant in the place so that whoever wants to do any work can go into our workshop, pay some money, do the work and go back to their shops,” he said.