Nigerian government to revive textile industry

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Nigeria's textile industry has continued to struggle for years despite the country's huge market potential for cotton production.

SPECIAL REPORT: Jigawa villagers link declining farming output, urban drift to abandonment of damSPECIAL REPORT: Katsina farmers lament impact of climate changeThe symbolism of many colours as President Tinubu addressed Nigerians, By Babafemi A. BadejoSPECIAL REPORT: Jigawa villagers link declining farming output, urban drift to abandonment of damSPECIAL REPORT: Katsina farmers lament impact of climate changeThe symbolism of many colours as President Tinubu addressed Nigerians, By Babafemi A.

It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.Speaking to reporters after the meeting, Governor Hope Uzodinma of Imo State said the meeting afforded Nigeria the opportunity to revamp the moribund textile industry in the country for job creation.

“There are so many things that we can trap back in this country, and that’s why we say to ourselves, let’s produce what we use. Let’s use what we will produce,” he said, adding that the move will create job opportunities.Executive Director of ICAC, Mr Trachtenberg, said they were excited to come back to Nigeria, stressing that they would tap into the potential of Nigerians.

“So we’ll have big employment for our children. There’ll be no more protests, people will be employed, and it will reduce the security problem in Nigeria. So we have spoken today, and by the grace of God, we’re going to win,” he said.Nigeria’s textile industry has continued to struggle for years despite the country’s huge market potential for cotton production.

At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines