Bank of Industry’s MD/CEO launches made in Nigeria exotic African Caps and Head Wears
The Managing Director and CEO of BOI, Ms Evelyn Oputu was the guest of honour at the unveiling of various exotic African head wears especially hats and caps made with traditional Adire (Tye & Dye), Ankara Batik, Kente and Aso-Oke fabrics produced by Messrs Crown Natures Limited, a BOI assisted indigenous promoted enterprise.
The company is one of the beneficiaries of the N100 billion Cotton Textile and Garment Fund (CTG) that BOI was appointed to manage in 2009.
The BOI boss made a very strong case for the patronage of the company’s exclusive products especially corporate organisations that spend billions importing caps for their promotional activities. She explained that by purchasing “made in Nigeria” goods, we are not only creating jobs but we are also reducing the country’s dependence on foreign goods and conserving our scarce foreign exchange.
The BOI facility has assisted the company in expanding its annual production capacity to 1.2 million caps. It currently employs 5000 workers and plans to capture 25% of the Nigerian market into which more than 50 million caps are imported yearly.
Crown Natures Nigeria Limited has mastered the skills for producing various kinds of headwear such as Baseball Caps, Polo Caps, Sunvisors, Bucket Hats, Special Hats, Fidel Castro, Kangol and Floppy Hats. The caps are general or custom made to specification using options of various fabrics, namely, Chinos cotton, combed cotton, denim, polyester, Ankara, Adire (Tye & Dye), Batik, Kente and Aso-Oke.
Delivering on our Mandate is pleased to report that soon after the unveiling ceremony was broadcast on BOI sponsored television series, “Wealth Creation Through Industrialisation”, one of the leading oil companies placed order with crown natures for caps to be used for a sports event sponsored by it. Many other organizations have followed suit.