A 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
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been called upon to consider the necessity to immortalise the late Mallam Isa Funtua with the CBN’s Textile Revival by implementing it to the fullest.
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CONCERNED that the textile industry in Nigeria has witnessed massive decline in the last two decades, with many companies closed down, the Senate yesterday asked the Federal Government to ban importation of foreign textiles in the country for a period of five years to rejuvenate production of local textile materials.
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The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says more than N100 billion is needed to revive Cotton, Textile and Garment (CTG) sub-sector. Emefiele said this while speaking with newsmen after signing ceremony of Memorandum of Understanding (MoU) with some critical stakeholders at the sub-sector in Abuja on Tuesday. READ ALSO:
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Emma Ujah The Governor of the Central bank of Nigeria (CBN), Mr Godwin Emefiele, at the signing of the Memoranda of Understanding (MoU) in Abuja, yesterday has described the “historic” deal involving the nation’s cotton farmers, textile companies and the military. The first MOU was between the National Cotton Association of Nigeria (NACOTAN) and Ginning
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The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that no fewer than 130 textile companies have died in the country in recent times due to some constraints.
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The Nigeria Employers’ Consultative Association, NECA, has called for improved border policing to complement the foreign exchange (forex) restriction on textile importation.
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The Central Bank of Nigeria, CBN, has directed commercial banks and Bureau the Change operators to, immediately, stop sale of forex to import textiles and clothing materials in the country.
Read More Few days ago, National Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, rounded up activities marking its 40 years anniversary as a union.
Read More THE Acting Director General and Chief Executive Officer of National Biosafety Development Agency, NABDA, Prof Alex Akpa, has said BT Cotton will revive the nation’s moribund textile companies when commercialized.
Read More Vlisco Group, the Dutch textile producers have opened talks with the federal government on its investment in the Nigerian textile industry.
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