Home / Knowledge / News / Textiles / Nigerian Cotton ginners oppose foreign textile investment

Nigerian Cotton ginners oppose foreign textile investment

31
Jul '18
The Cotton Ginners Association of Nigeria has opposed a proposal to invite foreign investment in the country’s textile and garment industry, saying the decision would kill the nation’s local industry due to a provision allowing investors to bring in cotton to feed the plants and have a ‘devastating impact’ on over two million Nigerian cotton farmers.

The plan would also mean the end of over 52 existing cotton ginneries and the loss of many textile plants trying to restart operations, association president Salman Abdullahi said in a statement in Abuja recently.

Expressing surprise at the assertion that there is no cotton in Nigeria, Abdullahi said efforts should be made to revive the cotton industry and not kill it, a Nigerian daily reported. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Trinity Kubassek from Pexels

Textiles | On 19th Aug 2018

Australian wool production to fall 5.7% in 2018-19

Shorn wool production in Australia is likely to fall by 5.7 per cent...

Courtesy: Next Level Apparel

Apparel/Garments | On 19th Aug 2018

Blue Point Capital recapitalises Next Level Apparel

Blue Point Capital Partners has recapitalised Next Level Apparel, a...

Retailers approaching 100% inventory accuracy: Study

Apparel/Garments | On 19th Aug 2018

Retailers approaching 100% inventory accuracy: Study

With computer vision use cases maturing, Artificial Intelligence (AI) ...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search