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Nigeria: 117,000 Jobs Lost in Nigeria's Textile Industry in 26 Years - Textile Association
This Day, 13 May 2022
The Nigerian Textile Manufacturers Association (NTMA) has revealed that over 117,000 jobs in the nation's textile industry have been lost in the past 26 years. According to the… Read more »
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Nigeria: Despite CBN Ban, Textile Tops Nigeria's Import Commodities
Daily Trust, 14 April 2022
Despite the prevailing forex restriction for import goods by the Central Bank of Nigeria (CBN), textile is now the highest imported commodity, latest statistics from the National… Read more »
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Nigeria: Federal Govt Will Address Challenges Facing Cotton Industry - Minister
Leadership, 6 April 2022
Minister of industry, trade and investment, Otunba Adeniyi Adebayo has expressed the determination of the federal government to address the challenges facing the cotton industry… Read more »
Highs, Lows Sewn Into Fabric of Nigeria's Ailing Textile Industry
In 26 years, Nigeria's textile sector has lost over 117,000 jobs. According to the Textile Association of Nigeria, the sector could lose more jobs if the government does not intervene urgently to salvage the ailing industry.
The association's Folorunsho Daniyan added that the promised benefits of the African Continental Free Trade Agreement would elude Nigeria, if the illegal import of textile fabrics and other products Nigeria can produce locally, continue to find their way into its markets unchecked, writes Gilbert Ekugbe for This Day.
InFocus
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A whopping U.S.$4 billion is spent annually on importing textiles into the country. With the growing campaign to buy locally manufactured goods, the Central Bank of Nigeria has ... Read more »
