130 textile firms died to lack of power, finance, others – Emefiele

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

130 textile firms died to lack of power, finance, others – Emefiele vanguardngr.com vanguardnews

The Governor of Central Bank of Nigeria , Mr Godwin Emefiele has said that no fewer than 130 textile companies have died in the country in recent times due to some constraints.Emefiele made the statement during a courtesy call on Gov. Aminu Masari of Katsina State on Monday.

Emefiele said besides that, the ginners, spinners, and about one million farmers who were planting cotton as their source of livelihood also lost their jobs. According to him, CBN has held a lot of meetings with the farmers and other people along the value chain on how to achieve success.

 

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:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Emefiele: We’re Investigating Accounts of Individuals, Companies Involved in Smuggling of Textiles - THISDAYLIVESays probe being extended to 42 other items restricted from FOREX Violators names to be publicized, blacklisted by banks Governor of the Central Bank, Mr. Godwin Emefiele, has said the CBN is currently gathering data and investigating the accounts of individuals and corporates currently involved in smuggling and dumping textile materials in Nigeria. In his …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »