Share FacebookTwitterPinterestLinkedinWhatsappTelegramEmail 112 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 VIDEO: Soweto Fashion Week 2023 Concludes With A Bang Hot Shots: Check Out The Tropical Melanin Goddess Editorial By Toni Barker 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 VIDEO: Rihanna Promises Ayra Starr A Verse After Rick Ross Failed To Create... PICS: Top Influencer Krisline Stars in Fabulous ‘SISTERHOOD’ Images Featuring Sierra Leone Influencer... VIDEO: Watch Rihanna Take A Shot At Learning Congolese Language Lingala Hemadé Unveils ‘SWEET FAMILY’ Collection: A Nostalgic Blend Of Modernity And Vintage Elegance VIDEO: “Indians Used To Burn Their Hair Until They Realized Stupid African Women... VIDEOS: Dubai Loses Tourism Points as City Struck by Disastrous Floods! From Airport... Ugandan Designer Wyne Kirabo Unveils “ROOTS” Collection Featuring East African “Kikoy” Style Lauren Haute Couture Takes Formal Wear To The Next Level In Stunning New... Witness How Maakwah’s Elegant Showcase Stole The Spotlight At Accra Fashion Week 2023 PICS: Women’s Basket Ball Icon Angel Reese Serves Extra Glam In Her Backless... 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.