Poor implementation of the patronage policy, high cost of production, high level of importation, smuggling among other challenges have continued to undermine Nigeria’s textile sector, shrinking the number of viable textile firms to less than 20 from 175 firms in 1985.
17 Mar 2020
The revival of the comatose textile industry will not be sustainable until the Federal Government supports the sector holistically, the Nigerian Textiles Manufacturers Association (NTMA) has said.
25 Dec 2018
The Nigerian Textile Manufacturers Association (NTMA) has urged the Federal Government to review some of its incentives to foreign investors, in order to promote growth of local manufacturers and a sustainable economy.
29 Aug 2018
For many micro and small businesses who deal in clothing and apparels, second-hand clothes from many developed countries dominate their stalls, except in cases where cheaper materials are imported from Asia...
30 Dec 2016
Like sentiments expressed by many Nigerians, operators in the nation’s real sector have described activities in the industry in 2016 as bleak, going by the financial losses suffered during the year ...
21 Dec 2016
Operators in the nation’s manufacturing sector have rallied support for government’s call to review the Economic Community of West African States’ ...
18 Aug 2016
Worried about the yearly expenditure of $4 billion on imported textiles and readymade clothing, manufacturers in the nation’s textile industry have tasked the Federal Government to review the strategies deployed in reviving the sector in order to avoid recurring failed results.