FG to revive textile industry
The Federal Government has reinstated its commitment towards revitalizing the Cotton, Garment and Textile industry aimed to create more employment and also grow the Nigerian economy.
The Minister of Agricultural and Rural Development, Mohammed Sabo Nanono disclosed this when the Chairman of Nigeria – Vietnam Chambers of Commerce and Industry (NVCI), Mr. Oye Akinsemoyin paid a courtesy visit to his office in Abuja.
The Minister stressed the need to revive the textile industry.
“Textile and garment is one of the three pillars that is very crucial to the development of this country and would reduce the issue of unemployment substantially because of its nature, the textile ,garment and cotton are the core of the Agro Allied industry,”
“Textile industry is capable of employing hundreds of thousands of people across the country especially in Kano, Kaduna, Aba, Lagos and some other key areas. In Nigeria from 1985 to 86, our textile industry were in good shape, during this period, Nigerian’s textile materials was one the best in Africa and beyond Until importation of textile into the country between 1987 to 1990 which has led us to the state we are now,” he added.
According to him, the government was ready to create enabling environment that would attract foreign investors in the textile industry.
The President, Nigeria –Vietnam of Commerce and Industry (NVCI), Mr. Oye Akinsemoyin also stressed that ‘’there is need for the Federal Government to focus on revitalizing the industry in line with the President Muhammad Buhari’s policy of economic diversification,” he emphasised.