Nigeria Textile Industry Calls For The Establishment Of A Comprehensive Textile And Garment Industrial Park
According to reports, Nigeria
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Paul, the head of the NATGTEA, recently said that as president Buhari began to build a blueprint for manufacturing, the Nigerian textile industry appealed to the government to promote the construction of several comprehensive textile and garment industrial parks (ITGPS) throughout the country.
According to Paul, the Nepal government's recent plan for textile industry has been clear, and the plan clearly stipulates that the power supply in the industrial park should be protected. What we need to do now is to increase our efforts to promote the landing of the policy.
He also pointed out that this policy document is the result of the brainstorming of the textile industry, investors, economic management team, and relevant ministries and commissions of the government, and is now seeking support from ministries, government departments and directly affiliated institutions of the federal government, but these sectors are more inclined to support cheap textiles.
Fabric
Imports.
Allegedly, the Nigerian textile industry generally believes that the major challenges facing the NIM textile industry include the influx of cheap textile fabrics into the local market, the high cost of electricity consumption, the lack of local investment, and the backwardness of supporting infrastructure.
In addition, due to the implementation of the common external tariff (ECOWACET) of the organization of the Communist Youth League, the textile industry has been liberalized.
Imported
Restriction is also a great shock to the textile industry.
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