Close Menu
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Facebook X (Twitter) Instagram
FISHE NEWS
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Facebook X (Twitter) Instagram
FISHE NEWS
Home»National»Government Unveils $3.5 Billion Plan To Revive Textile And Apparel Industry
National

Government Unveils $3.5 Billion Plan To Revive Textile And Apparel Industry

Omolemi EboisetaleBy Omolemi EboisetaleJune 10, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Federal Government of Nigeria has launched a resurgence plan to rejuvenate the country’s cotton, textile, and apparel industry, in collaboration with development partners and the private sector.

This initiative, revealed by the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, aims to breathe new life into a sector that once thrived as a cornerstone of Nigeria’s manufacturing industry.

Speaking on the ministry’s achievements over the past year, Uzoka-Anite highlighted that approximately $3.5 billion in investments have been secured to revitalize the moribund textile sector.

The minister stated the broad scope of the textile industry, which spans the entire clothing value chain in Nigeria, from cotton production to apparel manufacturing. This revival plan is expected to generate significant employment opportunities for both skilled and unskilled labor across the country.





“The Ministry is developing a resurgence plan for Nigeria’s cotton, textile, and apparel industry in partnership with development partners and private sector players. We have attracted $3.5 billion to unlock the textile, cotton, and apparel industry,” Uzoka-Anite stated.

“Nigeria’s textile and apparel industry covers the entire clothing value chain and has strong growth potential due to the availability of cotton and the country’s market size.”

The textile industry, once a major contributor to Nigeria’s economy, saw its peak in the 1970s and 1980s with around 180 textile mills employing over one million Nigerians. Notable companies during this golden era included United Nigerian Textile Limited, Aswani Textile, Afprint, Asaba Textile Mills, and Edo Textile Mills.

However, the sector began to decline in the 1990s, plagued by issues such as rampant smuggling, unchecked importation, erratic power supply, inconsistent government policies, and increasing insecurity. These challenges rendered the local textile companies uncompetitive, leading to their eventual collapse.

apparel industry Textile
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Omolemi Eboisetale
  • Website

Related Posts

100 Days To Nigeria’s 2027 Election: The Ballot, The Battle And The Burden

October 5, 2026

Nigeria’s Data Needs To Return Home. But Is Our Infrastructure Up To The Task?

October 4, 2026

Nigeria Begins Local Production Of Next-Generation Malaria Nets As Harvestfield Opens New Front In Health Manufacturing

October 2, 2026

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
https://youtu.be/V67GV8wgyjw

Latest Posts

  • 100 Days To Nigeria’s 2027 Election: The Ballot, The Battle And The Burden
  • Nigeria’s Data Needs To Return Home. But Is Our Infrastructure Up To The Task?
  • Nigeria Begins Local Production Of Next-Generation Malaria Nets As Harvestfield Opens New Front In Health Manufacturing
  • From Appropriation To Impact: What The 2025 Budget Extension Means For Citizens
  • Fuel Import Licence Ruling Opens New Front In Nigeria’s Battle Over Who Controls Petrol Supply

LATEST POSTS

100 Days To Nigeria’s 2027 Election: The Ballot, The Battle And The Burden

October 5, 2026

Nigeria’s Data Needs To Return Home. But Is Our Infrastructure Up To The Task?

October 4, 2026

Nigeria Begins Local Production Of Next-Generation Malaria Nets As Harvestfield Opens New Front In Health Manufacturing

October 2, 2026

From Appropriation To Impact: What The 2025 Budget Extension Means For Citizens

October 1, 2026

Fuel Import Licence Ruling Opens New Front In Nigeria’s Battle Over Who Controls Petrol Supply

September 30, 2026

Subscribe to Updates

Get the latest news from FISHE about politics, economy, health and business, etc

Facebook X (Twitter) Instagram Pinterest
© 2026 ThemeSphere. Designed by ThemeSphere.

Type above and press Enter to search. Press Esc to cancel.