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Govt takes steps to resuscitate textile industry

24
Feb '10
In order to resuscitate the textile industries of the country, the Federal Government has allocated N100 billion for the industry in 2010 budget and is taking steps to create additional jobs in the industry.

Execution of the Vision 20:2020 program would prove to be helpful for the general development of the nation in each sphere of economy, stated Mr. Goodluck Jonathan, the acting President, while speaking at the inaugural ceremony of 31st edition of the Kaduna International Trade Fair.

The complete implementation of this program will help in reviving the textile sector, which employs highest number of workers, hence and can improve Kundra state economy as well as national economy, said the Minister of State for Commerce, Mr. Humphrey Abah.

Mr. Alhaji Mohammed Namadi Sambo, Kaduna State governor informed that a committee has been formed by the government to resuscitate and revitalize the textile industry as well as other industries, in order to generate jobs and to bring industrial development in the state.

Moreover, the government will also take measures to sustain these sectors by setting up sufficient number of power plants.

Fibre2fashion News Desk - India


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