The Federal Government and the State governments in Nigeria have been urged by the textile technologists to make efforts to revitalize the textile mills in the country, so to aid the nation's economic growth.
During the 4th National Conference of the Association of Textile Technologists of Nigeria held in Lagos, Director General of Nigerian Textile Manufacturers Association (NTMA), Mr. Jacob Olanrewaju, said revitalization of the textile industry would lead to creation of more job opportunities, which would help the country to bridge the rural-urban gap.
He added that ultimately, the revival of the domestic textile industry would result in a significant fall in the number of unemployed in the country.
Association of Textile Technologists of Nigeria (ATTN) Chairman, Mr. Philip Kayode said the Government should not overlook the textile sector as it can aid in boosting the country's economy, if proper finance and administration are provided.
In order to reposition the industry as a leader in textile production as earlier, the Government should introduce innovations and policy support, Mr. Kayode said.
Banks could also aid the industry, but unfortunately it seems as if there is a law to not to extend any loans to textile industries, which is very disappointing and even detrimental for the country's economy, he added.
Mr. Kayode stated that ATTN wants the Government to aid revival of the textile industry, and hence the Association is suggesting new initiatives to improve the domestic content and to increase the appeal of finished goods and make them more acceptable in the highly competitive international market.
He also urged the Government to attend to the issue of power, infrastructure and bad roads, so as to aid the revitalization process.
Fibre2fashion News Desk - India
20240830145952.gif)
20240925092649.png)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
