YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Textile worth N300bn imported annually without paying taxes into Nigeria

Related Keywords: annually, import, imported from China, Issa Aremu, low cost, market, mismanagement, new textile policy, Nigeria, Nigerian government, Nigerian Textile industry, NLC, occupy 90 percent, smuggled products, textile and garment, without paying taxes

Textile and garments worth N300 billion being annually imported into Nigeria without paying duties or taxes. This was revealed by Issa Aremu, the General-Secretary of the National Union of Textile, Garment and Tailoring Workers of Nigeria in llorin, the Kwara State Capital at the 26th National Education Conference of the Union. He is also the vice president of the Nigeria Labour Congress (NLC).

Nigerian govt urged to revive textile industry through the cotton value chain.

Related Keywords: cotton, Nigerian government, Textile Industry

The Nigerian Federal Ministry of Agriculture and Rural Development urged to empower cotton farmers the way it did cassava and rice farmers so that the crop would get a boost.

Pankaj Chawla, Regional Manager, West Africa Cotton Company (WACOT) said that until the end of the value chain was fixed, the crop might take a long way to achieve its value. Cassava farmers are getting their returns because the end of the value chain has been fixed.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button