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New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry - Agriculture - Nairaland

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New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Ptreat(f): 9:45am On Aug 16
New Era for Nigeria’s Economy as His Excellency the Vice President moves to restore cotton, textile and garment industries, create jobs and increase FX liquidity


The Nigerian government, in partnership with the International Cotton Advisory Committee (ICAC), is embarking on a transformative initiative to revitalize the nation's cotton industry.

As a start, this strategic move aims to create over 1.4 million jobs annually within the cotton and textile sectors and net in between 7.2 billion USD and 8.2 billion USD annually, marking a significant step toward economic renewal.

Dr. Kingsley Uzoma, Senior Special Assistant to the President on Agribusiness and Productivity Enhancement, is at the forefront of this ambitious project.

Under Vice President Kashim Shettima’s leadership and guidance, Dr Kingsley Uzoma is driving this revitalization effort which seeks to address historical challenges faced by Nigeria’s cotton industry.

By focusing on enhancing the entire cotton value chain—from cultivation to textile and garment production—Dr Uzoma is driving a strategic overhaul of the sector.

This initiative aligns with the broader industrialization goals of President Bola Tinubu’s administration and aims to restore Nigeria's position in the global cotton market.

The revitalization plan is expected to kickstart with the cultivation of 500,000 hectares of cotton, which is expected to create up to 1.4 million jobs and generate between 7.2 billion USD and 8.2 billion USD in annual revenue, across various stages of the value chain.

This includes cotton farming, ginning, spinning, textile manufacturing, and garment production.

The creation of these jobs will provide significant economic benefits and improve livelihoods nationwide, especially in the cotton farming communities in Northern Nigeria.

The initiative tackles several key issues that have historically hindered the growth of Nigeria’s textile industry.

One major challenge has been the reliance on cheaper polyester alternatives, which has overshadowed the use of higher-grade cotton.

By reforming policies and enhancing domestic cotton production, the major raw material for the sector, the initiative aims to reduce this reliance and boost the competitiveness of Nigerian textiles.

The project will also address raw material shortages and combat smuggling, which have previously impacted the industry’s growth.

The revitalization effort includes a commitment to protecting the industry and reintroducing many closed textile mills.

The goal is to increase the number of operational textile mills from the current 24 to around 70, reflecting a major rebound from past declines.

The collaboration with ICAC brings fresh perspectives and expertise to the project.

By integrating new skills and innovative practices, this partnership will help enhance cotton cultivation, improve textile manufacturing processes, and position Nigeria as a leader in the global cotton market.


Vice President Shettima’s strategic leadership is crucial in guiding this revitalization effort.

The initiative represents a crucial opportunity for Nigeria to harness its cotton industry’s potential, drive economic growth, and create millions of jobs.

With a focus on reforming policies, enhancing production, and addressing past challenges, Nigeria is poised to reclaim its position in the global cotton and textile markets and achieve long-term economic success.

https://idomavoice.com/new-era-for-nigerias-economy-as-shettima-moves-to-restore-cotton-textile-garment-industries/

10 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Ptreat(f): 9:46am On Aug 16
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Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by MaziObinnaokija: 9:50am On Aug 16
cool
Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by crestedaguiyi: 10:40am On Aug 16
were are the cotton farms grin grin grin grin grin grin grin grin grin grin

were are the agro rangers they claimed to have deployed to secure farms, who knows any of them or their contact should there be an emergency?

This same Government said they would embark on large-scale farming, but not one hectare is known to have been cultivated in any state.

The refineries have not been fixed one year after, his goons will tell you it takes ages to repair a refinery so what has this govt achieved after a year in Office

20 Likes 1 Share

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by luvinhubby(m): 1:09pm On Aug 16
Stories as usual without substance & structures on ground.

21 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Yankee101: 1:10pm On Aug 16
Has shettima restored his state Borno?

11 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by mrvitalis(m): 1:12pm On Aug 16
This is a huge mistake very very huge mistake

There is garments industry
There is fabric industry

Nigeria have potential huge potential in garments industry, in fact we have the potential to be the number one in the world

But fabric? We are broke and 50 years behind

There is no way we can produce fabrics cheaper than imported ones... And if our fabrics are above international average you have killed the comparative advantage we have in garments and yet the fabric won't sale because Nigerians business population is very very small

Well what do I know

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by idonhammer: 1:12pm On Aug 16
To think that Nigerians believe they have a leader makes me laugh

12 Likes 1 Share

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Ironbull: 1:12pm On Aug 16
Good one but will those bitch herdsmen bastards allow farmers to grow the cotton in peace?
Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by safetyboot: 1:14pm On Aug 16
Dey play, you think you can deceive the masses

3 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by adioolayi(m): 1:14pm On Aug 16
Enough of we will, we shall..

Get to work and get your hands dirty..

We want actions and results...not photo ops

27 Likes 1 Share

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Thewrath(m): 1:16pm On Aug 16
Nothing will still come out.

2 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by cjudy(m): 1:16pm On Aug 16
Shameless criminals in power

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by manuelkel(m): 1:18pm On Aug 16
wink baba is brainlessly working for his campaign projects. I won't be surprised if he succeeds his boss Thief-nubu.

3 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by achorladey: 1:19pm On Aug 16
What is of NIGERIA that is really working for NIGERIANS

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by EdiskyHarry: 1:19pm On Aug 16
Very funny 🤣🤣🤣.
Only a foolish person will take anyword from APC government serious.

3 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by walozanga(m): 1:20pm On Aug 16
Let it be true, we all need it

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by bigdammyj: 1:22pm On Aug 16
Noted.
Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Blitzking: 1:22pm On Aug 16

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by jude33084(m): 1:23pm On Aug 16
where the Rice pyramids

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Chinedumejoooo: 1:25pm On Aug 16
Government that has nothing to offer,Ru'bi'sh

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Hemanwel(m): 1:27pm On Aug 16
Hehehe. Tinubu, in less than six months in office, employed Reno Omokri to incite the north against Peter Obi and the Southeast. Unfortunately for him, nature rather incited the north against him. Right now, there's no love lost between Tinubu and the north. God has turned the counsel of Ahitopel to not.
Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Theoarhics: 1:28pm On Aug 16
Another mumu headline and promise from fraud APC

1 Like

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by tsdarkside(m): 1:31pm On Aug 16
stubborn nigerians will ruin any good idea....

crazy people....
Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Nahunger(m): 1:32pm On Aug 16
embarassed
Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Onyankeke30: 1:33pm On Aug 16
Mad people

2 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by atobs4real(m): 1:34pm On Aug 16
don't believe all this people because refinery, ajaokuta steel and others have refused to function despite heavy spending

2 Likes

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by atobs4real(m): 1:34pm On Aug 16
don't believe all this people because refinery, ajaokuta steel and others have refused to function despite heavy spending.
cotton my foot

2 Likes 1 Share

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by Racoon(m): 1:37pm On Aug 16
cheesy Clowns 🤡

2 Likes 1 Share

Re: New Era For Nigeria’s Economy As Shettima Moves To Restore Cotton Industry by bewla(m): 1:39pm On Aug 16
After

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