National Coordinator of the Nigerian Cotton Cooperative Society, Ms Ololade Majekodunmi, yesterday, commended the approval of the establishment of the cotton, textile and garment development board, alongside a comprehensive N90 billion agribusiness and livestock plan by the National Economic Council (NEC).
  
The cooperative society said the NEC approval, which was overseen by Vice President Kashim Shettima, will also pave the way for Nigeria’s industrial and agricultural renaissance and that the twin decisions of setting up a board and a N90 billion agribusiness plan will transform the industry.
  
Majekodunmi, who is also the Managing Director, House of Dorcas Integrated Services (HDI), on behalf of the Cotton Cooperative Society, described the initiatives as bold and strategic moves that will transform the industry 
  
The statement reads: “This dual approval signals a strong Federal Government commitment to revitalise Nigeria’s critical industrial sectors and drive economic diversification under the Federal Government’s Renewed Hope Agenda
  
“The CTG Development Board will serve as the central coordinating body for Nigeria’s cotton-to-garment value chain, fostering investments, policy harmonisation and stakeholder collaboration to restore the sector’s historical role in employment and export growth.”

“The N90 billion agribusiness and livestock plan aims to modernise Nigeria’s livestock industry through initiatives including cattle ranching, feed and fodder development, breed improvement and water resource management
  
“The plan also facilitates the transfer of N100 billion in approved funds to the newly established Federal Ministry of Livestock Development to accelerate these efforts. The NEC’s approval represents a transformative moment for Nigeria’s agro-industrial landscape.
  
On behalf of the Nigeria Cotton Society, Chief AneibiAchimugu, and the entire CTG Stakeholders community commended the Federal Government for this visionary investment
  
It added: “These initiatives embody a practical and impactful approach to rebuilding Nigeria’s economic fence – leveraging agriculture and manufacturing to create jobs, enhance food security and foster sustainable growth
  
“These coordinated efforts are expected to stimulate rural development, increase domestic production, and position Nigeria as a competitive player in global textile and livestock markets.”