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Govt releases N30 bn of textile revival package

02 Aug '10
1 min read

The Bank of Industry (BoI) recently announced the release of N30 billion as part of the N100 billion textile revival package.

The same has been welcomed by the National Body of the Textile Workers Union and the Manufacturers Association of Nigeria (MAN).

The Nigerian government had also recently announced setting up of a committee to reassess and adopt a holistic approach for revival of the textile sector.

Experts have called upon the Governors of the provinces to ensure that the revival package is spent properly and help the federal government in their efforts.

Fibre2fashion News Desk - India

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