Home / Knowledge / News / Textiles / Ogun to bring over 10,000 ha under cotton cultivation
Ogun to bring over 10,000 ha under cotton cultivation
06
Sep '16
More than 10,000 hectares of land will come under cotton cultivation in Nigeria's Ogun state, as the provincial government has signed a memorandum of understanding (MoU) with ArewaCotton Limited, an indigenous natural fibre company. The MoU has been signed with an aim to focus on production, processing as well as marketing of cotton in the state.

The memorandum states that cotton farmers in Ogun would mandatorily sell their produce to ArewaCotton, Nigerian media reports said. As a result, investment opportunities of billions of naira are expected to be created. A ginnery will also be established in the state for faster buying of cotton.

The Ogun government has agreed to give 10,000 hectares of land to the company for cotton cultivation in the beginning. As soon as cultivation starts on this land, ArewaCotton can apply to get more land to fulfill its hopes of ultimately having 20,000 hectares of land under cultivation.

Ogun is now in a position to grow, spin and weave cotton as well as produce textiles for home furnishings, clothing and other uses. Thus, it can now exploit the complete cotton value chain and generate over tens of thousands of job opportunities. This partnership will also be helpful in boosting productivity and increasing foreign exchange earnings for cotton farmers in the state.

Ibikunle Amosun, the state governor and professor Michael Olayiwole, the chairman of ArewaCotton signed the MoU recently at the Governor's Office in Oke-Mosan, Abeokuta. (KD)

 

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search