The Whopping Expenditure on Imported Textiles

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The disclosure by the Nigerian Textile Manufacturers Association that the country currently spent over $4 billion annually on the importation of textiles and ready-made clothing should give every Nigerian leader serious cause for concern. Director-general of NTMA, Hamma Kwajaffa, who revealed this last week in Abuja, decried the painful decline of the erstwhile Nigeria’s foremost textile industry, which used to be the second largest employer of labour, after government, and major user of indigenous raw materials, like cotton.

Nobody can gainsay the fact that the textile industry deserves strategic intervention from the federal and state governments to make a comeback because of its huge economic potential.
Changing the current awful narrative on the textile industry is, certainly, a worthy way to pursue the change agenda of the All Progressives Congress federal government. Perhaps, no other concern should be more pressing to the leadership.
– Vincent Obia