Nigeria’s textile industry imports over 90 per cent of its $4 billion worth of textile products each year, according to the National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN).
Meanwhile, the federal government is announcing plans to bring the dormant industry back to life.
Former NUTGTWN President John Adaji urged the Federal Government to start implementing measures targeted at revitalising the dying industry during the opening of the union’s recently concluded 13th National Delegates Conference in Abuja.
He said:
“90 percent of textile products in Nigerian markets today are imported. The government should revive and invest in the textile industry in order to create 2 million jobs in the country and as well reduce over $4 billion import bill incurred on textile and apparels annually.”
The high cost of electricity and inadequate infrastructure, according to Adaji, are the main causes of the nation’s high textile material production costs.
cc: Vanguard Ng