• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, July 4, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Union Blames Federal Govt’s Insincerity, Policy Somersault For Dwindling Textile Industry

by Andrew Ojiezel
5 months ago
in Business
Textile Industry
Share on WhatsAppShare on FacebookShare on XTelegram

Textile union under the aegis of Nigeria Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN)  has blamed the dwindling fortune of textile industry on the federal government’s insincerity of purpose, policy somersault and lip service to the dwindling fortune of the sector which was one of the largest employers of labour in years past.

Advertisement

Although, the industry is faced with all the multiple obstacles, The textile union is  optimistic of creating of more 1.4 million  jobs,  following the new partnership, “The ongoing partnership with International Cotton Advisory Committee (ICAC) to rejuvenate the nation’s cotton and textile industry is aiming to create over 1.4 million jobs annually,” he noted.

Still irked that, despite Executive Order 003, which was passed into law by the government seven years ago, lip-services to the implementation of this Order has limited the growth of the industry.

The president of the National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN), Comrade Peters Godonu Honfu also blamed the dearth of the sector on near-zero electricity supply.

In a chat with LEADERSHIP, Comrade Godonu lamented that, despite government promises to revitalise the sector that holds numerous potentials for the economy, not much has happened.

RELATED

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt

5 hours ago
At LEADERSHIP Twitter Spaces: AMCON Creates Moral Hazard For Banking Industry – Analysts

AMCON Sells 60% Stake In Ibadan DisCo For N100bn

12 hours ago

The union helmsman expressed his disappointment over the non-implementation of the federal government. “Though there is an existing importation ban on finished textiles, and though there is Executive Order 003, which is meant to protect domestic manufacturers, smuggling is still crumbling the sector because of lack of implementation of the Order 003,” he stressed.

Data obtained from the National Bureau of Statistics (NBS) from 2019 to 2023 revealed a steady rise in textile imports.

Total textile trade within the period was N1.5 trillion, with imports totaling N1.4 trillion, representing 96.5 per cent, while exports amounted to N50.7 billion (3.5 per cent), indicating a total textile trade deficit of N1.384 trillion and highlighting a significant reliance on imported textile products.

In 2019, NBS reported that N220.5 billion worth of textile products were imported into the country; N182.5 billion in 2020; N278.8 billion in 2021, and N365.5 billion in 2022.

 

In a chat with LEADERSHIP, Olajide Akowe blamed Nigerian textiles over the ‘seemingly unpatriotic’ patronising of smuggling textiles because of low quality and high cost. The imported and smuggled textiles are cheaper. Our Made-in-Nigeria Adire are of low quality and more expensive unlike smuggled ones.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Nigerian textile industry
SendShareTweetShare
Previous Post

LASACO Assurance Offers Comprehensive Insurance Solutions To Motorists

Next Post

Kano Assembly Passes Law Against Indiscriminate Refuse Dump, Others

Andrew Ojiezel

Andrew Ojiezel

You May Like

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt
Business

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt

2025/07/04
At LEADERSHIP Twitter Spaces: AMCON Creates Moral Hazard For Banking Industry – Analysts
Business

AMCON Sells 60% Stake In Ibadan DisCo For N100bn

2025/07/04
NADF Unveils Digital Tool To Track N19.5bn Agri-support Project
Business

NADF Unveils Digital Tool To Track N19.5bn Agri-support Project

2025/07/04
Business

FG Begins Vehicle Recycling Enforcement October, Eyes N60bn Annually

2025/07/04
Zenith Bank Emerges Most Sustainable Bank
Business

Zenith Bank Ranked Nigeria’s Top Tier 1 Bank

2025/07/04
GTCO, 7 Others Post N1.3trn Pre-tax Profit In Q1
Business

GTCO Raises $105m In Share Sale, To List On London Exchange

2025/07/04
Leadership Conference advertisement

LATEST

‘Amaechi Has Spiritual Problem, I Risked My Life To Make Him Gov’, Wike Alleges

Wike Accuses Amaechi’s Wife Of Misappropriating N4bn NDDC Funds

Cultism: Police Arrest Suspected Killer Of Vigilantes, 15 Others In Edo

Kano Gov Makes Fresh Appointments 

UEFA Slams Fines On Chelsea, Aston Villa, Barca, Others For Breach Of FFP

Additional States, Police, Others Top South-West Constitution Review Hearing In Lagos

Stop Your Bitterness, Shettima Loyal, Not Desperate, Presidency Tells Datti

Gov Mbah Tasks Journalists On Truth, Editorial Courage In AI Age

Ex-PDP Reconciliation Committee Chair Joins ADC In Gombe

Election Outcomes: Yiaga Africa Backs New INEC Guidelines, Seeks Amendments

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.