The Cotton, Textile and Garment Construction Discussion board (CTGDF), on Thursday printed that no fewer than 180 textile factories that have been running in Nigeria some years again have now closed down.
It, alternatively, referred to as at the Federal Govt to forestall what it described as “avoidable lack of Nigeria’s last cotton, ginning, textile and garment manufacturing belongings”.
The coordinator of the discussion board, Anibe Achimugu, printed this in a commentary launched to mark 2026 International Cotton Day.
Day-to-day Accept as true with stories that the International Cotton Day is seen once a year each and every seventh October beneath United International locations Basic Meeting Answer 75/318.
Giving an perception to what made the textile factories to be remaining down, Achimugu premised the purpose on loss of operationalisation of the Cotton, Textile and Garment Construction Board (CTGDB).
He mentioned, “The field’s decline is already critical. Sector tests point out that about 180 textile factories have closed, nationwide cotton output has fallen to roughly 13,000 metric tonnes and imports meet an estimated 90 according to cent of home textile call for.
“Those figures impact greater than manufacturing unit house owners. They constitute misplaced markets for farmers, fewer business jobs, weaker native economies, lowered tax income, larger import dependence and power on foreign currency.”
Tests confirmed that the NEC at its 149th assembly on twenty fourth April, 2025, recommended the status quo of a Cotton, Textile and Garment Construction Board.
The NEC recommended type is Presidency domiciled and personal sector pushed, with the inclusion of governors representing the six geopolitical zones, Federal Ministries of Agriculture and Meals Safety; Price range and Financial Making plans; Trade, Business & Funding; in addition to Finance Ministry.
The CTGD-Board will probably be funded basically in the course of the Textile Import Levy accrued via the Nigeria Customs Provider, as was once in the beginning envisaged.
On March fifth, 2026, the Secretary to the Govt of the Federation inaugurated a Steerage Committee to settle the Board’s framework, mandate, composition, powers, source of revenue assets and implementation necessities.
Then again, months after, the Board is but to kick off operations, with important stakeholders calling at the President, Bola Tinubu to not permit the textile business to die.
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