Share FacebookTwitterPinterestLinkedinWhatsappTelegramEmail 113 The Manufacturers Association of Nigeria (MAN) has called for policy measures for the revival of the textile sub-sector of the economy following a rash of closures of cotton, textile and garment mills, the Leadership newspaper has reported. It described the government’s plan to create three million new jobs in the textile industry as an ambitious one which can only be actualised if there is a strong political commitment to the achievement of the objective. “This is so because no fewer than 145 cotton, textile and garment (CTG) mills across the country have collapsed till date, and as such the government will have to put effective measures to restore the sector which President Muhammadu Buhari has resolved to make a fulcrum of his job creation drive,” the MAN stated. More Articles You Would Love Love Or Loathe? What Do You Think About This Jennifer Osey’s Look? Rihanna and ASAP Rocky Welcome a Baby Boy RZA Nigeria’s Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar, recently said that the textile industry, which used to be the country’s second biggest employer, has virtually collapsed. She had said that there are many factors have been responsible for the sorry state of the industry, including the instability of power supply, high cost of production, competing cheap textile imports from Asian countries and the uncontrolled smuggling and dumping of sub-standard textile materials in the country. Despite the Minister acknowledging the reasons for the textile industry’s downfall, MAN said very little has been done to address these problems. It said that despite the huge potential of the textile sub-sector to create jobs and boost the economy, there has not been much evidence of commitment to their actualisation. The institution of a 100 billion naira ($0.5 billion) Intervention Fund for the industry by the last government in 2010, did not do much to bring the CTG sub-sector back to its feet. Figures from the MAN on the intervention fund revealed that capacity utilisation in the sector increased only marginally, the report said. (SH) Source: Fibre2Fashion.com fashionnigerianigeria textilesnigerian fashiontextiletextile industrytextiles Share FacebookTwitterPinterestLinkedinWhatsappTelegramEmail Abigail Oluwakemi I'm a fashion stylist turned blogger, I hope you love my work. More For You #BIKINIBAE: Motherhood Never Looked So Haute; Check Out These Jaw-Dropping Swimwear Looks By... #OOTD: Miss Universe Cameroon’23 Princesse Issie Takes Moan Yesus Amazing ‘ASSIMBA’ Dress For... The 2024 Trending Take Over, The Rich History, The Prideful Culture Of Fulani... Mozambican Designer Mabenna Unveils Her Latest Masterpiece Look Book For The “Melanin” Collection #fGBrideAndGroom: Ghanaian Doctors Dr. Adwoa and Dr. Kobbie Tie The Knot In Stunning... AI Artist Dana K. Booker Explores The Gorgeous African Beauties Of Columbia In... Nigeria’s Lady Maker Launches The Stunning Look Book For Her Waste To Wonder... Cameroonian UFC champion Francis Ngannou’s 15 Month Old Son Dies #fGSTYLE: Tips On How To Color Code With Your Lover; The African Way #OOTD: Simply Tacha Is Goes Beyond Fierce In Her Medlin Boss Red Fringed... Leave a Comment Cancel ReplyYou must be logged in to post a comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.