…Poor infrastructure, smuggling, high energy cost cited as obstacles
Two years after the Federal Government launched an ambitious plan to revive Nigeria’s cotton, textile and garment (CTG) industry, many of the country’s once-thriving textile factories remain shut, cotton production has collapsed, and imports continue to dominate the market despite multi-billion-dollar investment pledges and a series of policy interventions.
The latest revival effort, backed by promises of 3.5 billion in investment commitments to support a comprehensive resurgence plan for the cotton, textile and apparel industry.
Speaking during a ministerial briefing to mark President Bola Tinubu’s first year in office, Doris Uzoka-Anite, then Minister of Industry, Trade and Investment, described the sector as critical to Nigeria’s industrialisation agenda, citing its potential to create jobs, attract foreign investment, boost exports and reduce poverty.
“The ministry is developing a Resurgence Plan for Optimized Performance of the Nigerian Cotton, Textile and Apparel Industry in partnership
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