Doris Uzoka-Anite, minister of industry, trade and investment, says the federal government has attracted $3.5 billion to boost the textile and apparel industry.
Doris Uzoka-Anite, the minister of industry, trade and investment, says the federal government has attracted $3.5 billion to boost the textile and apparel industry.
The minister said efforts have been put in place to optimise the performance of the Nigerian cotton, textile, and apparel industry in collaboration with development partners and private sector players. industry covers the entire clothing value chain and has a strong potential for growth, availability of cotton and the country’s largest market size,” Uzoka-Anite said.“This industry is one of the top contributors to the manufacturing sector of the economy with huge potential for employment of both skilled and unskilled labour and with excessive capacity for generating exports early and attracting foreign direct investment and therefore reducing poverty.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria loses N4.5bn to newcastle disease annually –NVMANVMA says the country loses N4.5 billion annually as a result of Newcastle disease occasioned by inadequate veterinary services.
Read more »
Nestle Nigeria grows revenue by 43% to N183.5bn in Q1’24A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Read more »
DNA: What I’ll do if Liam turns out to be Mohbad’s son- Late singer’s dadPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Tinubu to address joint session of National Assembly WednesdayPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Celebrating Ken Calebs Olumese, the Guv’nor, at 80, By Reuben AbatiPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
MUSIC REVIEW: In Tekno’s ‘Wayo’, Nico Mbarga’s ‘Sweet Mother’ rhythm comes in handyPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »