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.

450,000 metric tons of cotton to be produced by Nigeria in 3 years

Related Keywords: cotton, Garments, hybrid cotton, Nigeria, seeds, Textile

Nigeria aims to produce up to 450,000 metric tons of cotton in three years, as part of efforts to revive the local textile and garment industry, said the apex bank in a statement on Friday.

Up to 300,000 local farmers will be engaged to achieve this aim in 26 out of the 36 states of the country, said the statement by Godwin Emefiele, governor of the Central Bank of Nigeria.

To revive the cotton, textile and garment industry, the bank had supervised the cultivation of 200,000 hectares of hybrid cotton distributed to 200,000 local farmers across the country.

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