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    20 Out Of 175 Textile Companies Operational In Nigeria – Sen. Jibrin

    adminBy adminJuly 28, 2023 Business No Comments1 Min Read
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    A former Chairman of the Textile Manufacturers Association of Nigeria, Senator Walid Jibrin, has said that only 20 out if 175 textile industries are currently in operation in the country.

    Jibrin lamented that a few years ago, not less than 175 textile
    industries were in operation in Nigeria .

     

    Speaking with newsmen in Kaduna, Jibrin recalled that the textiles industry used to be the second employer of labour after the government.

    He however, decried that, “unfortunately, the story is different today as the sector is a mirage with a lot of challenges that led to its gradual collapse.”

    According to the former chairman of PDP’s Board of Trustees (BoT), epileptic power supply, lack of water and insecurity have contributed to the collapse of the industry.

    Nonetheless, he maintained that he was hopeful and optimistic that the textiles would bounce back as far as there’s life.

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