Textile Industry: NECA, Textile Union Support CBN On Forex Restriction
The Nigeria Employers’ Consultative Association and the Senior Staff Association of Textile have expressed their support for the Central Bank of Nigeria’s recent restriction of forex to textile importers.
The CBN Governor, Mr Godwin Emefiele, had...
FG Launches New Cotton Breed To Boost Textile Industry
The Federal Government has inaugurated the transgenic cotton seed and said the plant would help boost Nigeria’s cotton textile industry.
According to the Minister of Science and Technology, Dr Ogbonnaya Onu, the introduction of new cotton seeds...
The current scarcity of polyester is threatening the survival of textile industry in Nigeria, investigation has revealed.
Polyester fibre is used as cushioning and insulating material in pillows, comforters and upholstery padding. It has high tenacity and durability and can withstand strong and repetitive movements.
But...