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ICAC, FG Partner To Revive Nigeria’s Cotton, Textile Industry

In partnership with the International Cotton Advisory Committee (ICAC), the federal government has begun working towards the resuscitation of Nigeria’s moribund cotton industry.  

NECA Supports Ban Of FX For Textile

NECA Supports Ban Of FX For Textile   The Director-General of the Nigerian Employers Consultative Association (NECA), Mr. Timothy Olawale, has commended the Central Bank of Nigeria (CBN) for banning the sale of forex to importers of textile materials. Olawale, who made this commendation, when he addressed...

Nigeria Yet To Meet $2bn Textile Targets 4yrs After Policy

Nigeria Yet To Meet $2bn Textile Targets 4yrs After Policy   Four years after the Federal Government approved a national policy on Cotton, Textile and Garment (CTG), Nigeria is yet to meet any of the targets set in the policy. In 2015, government through the Ministry of...

Textile Industry To Receive N610bn Investment

Textile Industry To Receive N610bn Investment The Nigerian cotton industry will soon receive an investment of $2bn (N610bn) that will enable the country to create its first ever cotton value chain sector. Already, a Memorandum of Understanding has been signed between the Ministry of Industry, Trade...