Cotton production will be expanded to match Pakistan’s 2.3m tonnes through the provision of single-digit loans and hybrid seedlings to farmers. Nigeria currently produces only 105,000 tonnes which are not enough to sustain a local manufacturing industry.

A Nigerian Tailors Guild will be formed as part of a regulatory regime. Only registered members will be authorised to sew clothes for members of the public.

In every state, the Nigerian Tailors Guild chapter will be encouraged to open cotton ginning plants which convert raw produce into finished material.

A Cotton Farmers Association will also be formed. In conjunction with the Nigerian Tailors Guild, it will create a cooperative that will act as a private sector investor in the textile industry. This body will be given a name like the Nigerian Textile Cooperative.

This Nigerian Textile Cooperative will be given first right to take over the current comatose textile mills in the country. They will be encouraged to seek venture partners both locally and internationally.

All major fashion designers will have their goods subject to a 500% import tax. If they want to avoid paying this, all they have to do is invest in the local industry and begin producing in Nigeria.

Nigeria’s trade and industry minister will offer a five year tax holiday to the likes of Hermes, Louis Vuitton, Zara, Gucci, Armani, Fendi, Versace, Ralph Lauren, Hermes and Dolce & Gabbana if they open production plants in Nigeria.

These global fashion companies will be encouraged to float a local joint subsidiary that manufactures African attires. It will carry out an aggressive global marketing campaign to make items like the agbada and head tie mainstream fashion accessories worldwide.

A national vocational City & Guilds certificate will be awarded to all qualified tailors, farmers and textile manufacturing staff after their training.

Every local government area will be encouraged to open at least one textile dyeing pit where fabrics can be coloured.

ggirl4real:
Nigerians are tired of "will be".

We want to be hearing " has been"

TheSparrow:
There are several businesses you can start and run profitably in Nigeria. Below are four that readily comes to mind:

1. Rice Milling: One of the best businesses one can venture into in Nigeria today is parboiled rice production (Rice Milling).

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

2. Drinking Water Production: Another good business that does very well in Nigeria is drinking water production (Bottled water and Sachet Water).


The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

3. Poultry Farming: Poultry farming is yet another business that gives good returns on investment.


Poultry farming has risen to become one of the most lucrative businesses in Nigeria today. This aspect of livestock farming, if set-up and managed properly, provides legitimate continuous income for entrepreneurs within a short period of time. There are over 160 million consumers in Nigeria and over one billion in Africa. This provides a large, growing and sustainable market for poultry farmers in Nigeria, and Africa in general.

4. Pounded Yam Flour Production: Pounded yam flour is another product that you can chose the invest in its production.


Pounded yam is a popular delicacy produced from boiled yam tubers, and is consumed by many people across Africa. However, a lot of people, especially the middle class find it difficult to prepare pounded yam the traditional way which involves boiling yam, pounding it in a mortar using a piston, until it becomes a succulent dough.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically processed, easy to prepare and well packaged food products like yam flour.

You can read more about these businesses via the links below:

1. Rice Milling Business In Nigeria

2. Bottled Water Production In Nigeria

3. Starting A Poultry Farming Business In Nigeria

4. Pounded Yam flour production in nigeria


Wishing you all the best in your quest.