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Nigerian FG urged to formulate and embark textile industry development policy

Related Keywords: curb textile dumping, formulate protectionist policy, GES scheme on cotton, influx foreign textiles, NAMB, Nigerian Textile industry, sustain growth, textile and garments funds

The National Association of Microfinance Banks (NAMB) urged the Federal government of Nigeria to formulate and embark on protectionist policy that will curb large scale textile dumping and smuggling into the countries and enhance the development and sustained growth of the nation’s textile industry. It could be a major solution to the threats the Nigerian textile industry is presently facing.

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