Related Keywords: allocate forex at official rate, Consistent supply of certified seeds, government intention to revive textile sector, importing textiles, Nigerian Textile Manufacturers Association, NTMA, Re-scheduling of the CTG loan facility, readymade clothing, review the tariff on gas supplied to the industry, spends over USD four billion annually
The Director General of Nigerian Textile Manufacturers Association (NTMA), Hamma Kwajaffa disclosed this yesterday in Abuja despite government intention in recent time to revive the textile sector, the reality on ground continues to be worrisome as Nigeria currently spends over $4 billion annually importing textiles and readymade clothing.
Textiles used to be Nigeria’s foremost industry, and the second largest employer after government and utilizing indigenous raw materials such as cotton in the past.
