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FG moves to revamp textile industries 

By Terhemba Daka, Abuja
07 August 2024   |   3:12 am
Federal Government has begun plans to revamp the textile industries to leverage its job creation potential. To this end, the Vice President, Kashim Shettima, hosted a number of stakeholders, including the governors of Lagos and Imo states, at the Presidential Villa, Abuja, yesterday, to discuss ideas on how best to go about revamping the moribund…

Federal Government has begun plans to revamp the textile industries to leverage its job creation potential. To this end, the Vice President, Kashim Shettima, hosted a number of stakeholders, including the governors of Lagos and Imo states, at the Presidential Villa, Abuja, yesterday, to discuss ideas on how best to go about revamping the moribund industries. 
 
Recall that Nigeria was a net producer of cotton used in the production of textiles, with major industrial hubs located in Lagos and Kaduna states. However, the sector dwindled over the years in production leading to mass retrenchment of workers, partly attributed to government policies and neglect of the sector.
 
Imo Governor, Hope Uzodimma, said it was germane for those at the helm of affairs to do everything within their powers to stimulate the Nigerian economy, hence the participation of governors in the project.

In his comments, Lagos State Governor, Babajide Sanwo-Olu, urged Nigerians to patronise made in Nigeria textiles because of the impact it would have in our economy. He said the industries had the potential of engaging over 15 to 20 million Nigerians hence the critical nature of the sector.

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