Nigeria: FG Okays Soft Loan for Cotton, Textile Manufacturers

21 January 2015

The federal government has approved a new funding mechanism that will ensure that Cotton, Textile and Garment companies access long-term, low interest loans to finance their operations.

This is part of the new National Cotton, Textile and Garment Policy aimed at revitalising and boosting the growth and development of the cotton, textile and garment industry.

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