It is hard to fault Obi on this one. Very disappointing. The private sector that should be promoting and supporting sports are busy endorsing weed and drug users, musicians, nudity shows like BBN.
mrvitalis: Good idea but local demand is too low Nigerians are too poor
The idea that import is bad is very wrong... What is wrong with us is lack of export
So if import of textile would need to net increase in export then such import should be encouraged
Bangladesh imported 27 billion dollars worth of textile... That's more than our total import
But exported over 57 billion dollars worth of garment... That's over twice our oil export
Import is not bad lack of export is the Koko
I know it's difficult to understand but trust me import is good
We have the textile and we can make the garments. We can have the best of both world, without importing this basic need. To top it all, we have a very large unemployed youth population that can fill in the gap. What is lacking is the courage and the will to make it work by all the stakeholders.
mrvitalis: If your focus is to produce for local consumption then by all means revive it... International price doesn't matter
But for me I see the potential of our garment industry... We have over 5 million Nigerians who can use sewing machine,. Setting up a garment factory to make shirts or other clothes won't closet 20 million... There are more than 10,000 Nigerians who can do that
But they would need to export it for it to make sense n be viable
Ask anyone the online reason we can't export our cloths competitively is important duty on fabrics that's all
You can make a shirt for below ₦1000 if fabrics are cheap not even turkey, china, Vietnam or Bangladesh can compete... The only thing stopping it is the protection of the fabric industry
Which we can't compete.. Why
1) it's too small to get viable 2) cotton are not subsidized like USA cotton 3) cost of investment to make it competitive is beyond Nigeria now we are talking over 200 billion dollars minimum over 10 years
So why not allow fabrics to come in, grow the garment industries, some would become so big in the future that they would have funds to vertically integrates then start making their own fabrics
Fabric industry and the foolish ajokuta steel are too industry we need to kill to grow in Nigeria
We can't be important dependent for most basic things despite our population and expect to grow. If we can fulfill local consumption , then we move on to improve on the quality and efficiency, future export is possible.
Nigerian govt moves to revamp textile industries, Sanwo-Olu, Uzodimma to lead project
The Federal Government is mulling a revamp of the textile industries in Nigeria to leverage on its job creation potentials.
To this end, the Vice President, Kashim Shettima hosted a number of stakeholders at the Presidential Villa Abuja on Tuesday, which included the governors of Lagos and Imo State to draw ideas on how best to go about revamping the moribound industries.
Recall that Nigeria was a net producer of cotton used in the production of textiles, with major industrial hubs located in Lagos and Kaduna States.
Over the years, the sector dwindled in production leading to mass retrenchment of workers, partly attributed to government policies and neglect of the sector.
Imo Governor, Hope Uzodinma said it was germane for those in the helm of affairs to do everything within its power to stimulate the Nigerian economy, hence the buy-in of governors to the project.
He said, “Like the United Nations Cotton Manufacturing, the entire production chain of cotton is up to 10 sides and the whole idea is to leverage on this opportunity to revamp the industries in Nigeria, which many of them are now moribond, particularly in the cotton and textile sector.
“This is a new opportunity that is creating a new partnership for us to cross pollinate ideas with experts, to bring new skills, new ideas and new innovations into revamping the industries in Nigeria, and that will create jobs and engage our young men and women that are currently roaming the streets.
“So for me, I am very excited to be part of this conversation that will now revamp the economy of the country. Is a new partnership which we will leverage on.
“Before this time, you will agree with me, in Lagos State, Isolo area to be precise, you see so many textile industries. Kaduna was famous as a centre for cotton production and textile mills. In the northern areas the land was very fertile for growing cotton and then processing cotton. So I think we need to stimulate the economy. We need to create more jobs, we need to redefine Nigeria. We need to engage our young men and women, and then align properly with the new digital age for production and economic stimulation”.
Corroborating Uzodinma, the Lagos State Governor, Babajide Sanwo-Olu urged Nigerians to patronise made in Nigeria textiles because of the impact it would have on the economy.
He said the textile industries have the potential of engaging over 15 to 20 million Nigerians hence the critical nature of the sector.
“If we are growing cotton, are we ready to patronize the ones we are producing locally? Because that’s one issue the textile manufacturers raised, that when they manufacture fabrics many persons prefer the ones from Italy?
” So I think the explanation has been made. Part of the things that you see with our garment manufacturer, is actually polyester, not cotton. And polyester happens to be cheaper than cotton. You know, cotton is a higher grade to sew as against using polyester if our refineries were working for what we’ve also been made to understand now is actually supposed to be one of the byproducts coming out from the refinery.
“So really, for us, is to look at the entire value chain. There’s so many things that we can track back in this country, and that’s why we say to ourselves, let’s produce what we use. Let’s use what we produce.
“Let’s go back to our garment, cotton edges. The statistics shows that it was employing directly and indirectly, almost 15 to 18 million Nigerians, in that entire value chain. If you can bring back that, even if it’s 5 million in the next one to two years, it will take us further away.
“We’ve seen the Institute, which is, like they said, like the United Nation, equivalent of the cotton industry in the world, coming here to support, to help us. Mr. Vice President has given us a matching order, and a commitment, which I think is a great news that everybody must take away from here and he has given them a road map for us to go and work with them,” Sanwo-Olu stated.
Cownu and Ekpa has the whole region under locks and key. They dare not come out, otherwise they will receive woto woto. They are slaves in that region.