Nigeria’s cotton industry revitalization to create 1.4 million jobs annually

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Nigeria's Cotton Industry News

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The Federal Government, in collaboration with the International Cotton Advisory Committee (ICAC), has kickstarted the resuscitation of

The Federal Government, in collaboration with the International Cotton Advisory Committee , has kickstarted the resuscitation of Nigeria’s cotton industry. The target is to create over 1.

Senior Special Assistant to the President on Media and Communication, Stanley Nkwocha, in a statement said Vice President Shettima assured that the administration will make conscious efforts to ensure the country harnesses opportunities in the cotton value chain, including ensuring that Nigeria regains its ICAC membership.

The governor expressed excitement at the possibility and opportunity for the resuscitation of the cotton and textile sector with a particular focus on job creation and economic transformation. According to him, the opportunity created by the meeting is a new beginning in our quest for industrial recovery and creation of jobs for our teeming youths as well as an opportunity for a new partnership.In his remarks, Mr. Trachtenberg said he was pleased with the level of interest and commitment shown by the leadership of the country and other stakeholders in reviving the industry in Nigeria.

Also present at the meeting were the Minister of Innovation, Science and Technology, Chief Uche Nnaji; the Director General, Budget Office, Dr. Tanimu Yakubu; Director General, Raw Material Research and Development Council , Prof. Nnanyelugo Ike-Muonso, and Director General, Federal Institute of Industrial Research, Oshodi, Dr. Jummai Tutuwa.

Elon Musk's X sued an advertising group and several large corporations on Tuesday accusing them of causing billions of dollars of losses by "illegally" boycotting the social media platform. "We tried peace for 2 years, now it is war," the billionaire founder of Tesla and SpaceX said on X, which he acquired in late 2022.…

 

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