Related Keywords: cotton lint for use in textile factories, financial intervention to textile manufacturers, high quality textile materials, largest textile industry, moribund cotton, textile and garment industry, textile importation by adding all forms of textile materials, textile mills in operation
The planned intervention of the Central Bank of Nigeria (CBN) in the moribund cotton, textile and garment industry comes as a huge relief to operators and represents the right step in the right direction towards actualising the Economic Recovery and Growth Plan (ERGP) of the current administration although policy consistency remains crucial, writes James Emejo.
