See discussions, stats, and author profiles for this publication at: https://www.researchgate.

net/publication/346399442

THE NIGERIAN TEXTILE INDUSTRY: AN OVERVIEW

Article · January 2016

CITATIONS READS

0 4,667

4 authors, including:

Macaulay Mfon Owen

Yaba College of Technology
26 PUBLICATIONS   44 CITATIONS   

SEE PROFILE

Some of the authors of this publication are also working on these related projects:

leather fibre filled engineering thermoplastic polymer composites View project

Resuscitating the Nigerian Textile Sector View project

All content following this page was uploaded by Macaulay Mfon Owen on 26 November 2020.

The user has requested enhancement of the downloaded file.

Nigerian Journal of Polymer Science and Technology, 2016, Vol.11, pp99-108
ISSN: 1119-4111

THE NIGERIAN TEXTILE INDUSTRY: AN OVERVIEW

M. M. Owena*, C. O. Ogunleyea and E. O. Orekoyab

a
Department of Polymer and Textile Technology, Yaba College of Technology, Yaba, Lagos.
b
Polymer and Textile Division, Federal Institute of Industrial Research, FIIRO, Oshodi, Lagos.

ABSTRACT: This paper gives an overview of Nigerian Textile Industry, identifies the
challenges and highlights possible solutions that will revive the industry.The Nigerian Textile
Industry used to be the largest employer of labour, second to government and has always been a
major player in the manufacturing sector of the economy. However, today, the textile industry has
ceased to be an important contributor to foreign exchange earnings and employment generation in
Nigeria due to inadequate power supply, inconsistent government policies, rampant smuggling of
foreign textiles, insecurity, etc., Attempts at reviving the sector through fiscal policy and
monetary intervention seem to go nowhere. This indicates that Nigeria‟s operating environment is
still very hostile to the textile sector. The challenges currently facing the industry are multifaceted
and the need to revive the Nigeria‟s textile sector in order to boost the economy cannot be
overemphasised. Revival of the textile industry will require a strong political will, commitment
and sincerity of purpose by the government. If all the problems affecting the industry can be
tackled decisively and holistically, the Nigerian Textile Industry will be resuscitated for
sustainable development.

Key Words: Nigerian Textile Industry, manufacturing sector, revival, economy, resuscitate

Introduction: The Nigerian textile sector in
the past was the largest employer of labour
after government and had always been a major
player in the manufacturing sector of the
economy as it employed over one million
Nigerians and secured captive market of
250,000 tons of raw cotton for growers and
generates over N1 billion revenue to the
federal government of Nigeria. It was also a
major consumer of high percentage of local
raw materials such as cotton and polyester.
Report have shown that before 1997 the
Nigeria Textile Industry was the second largest
in Africa after Egypt with above 250 vibrant
factories and over 50 percent capacity
utilization (Semshak Gompil 2004). Olumide
Abimbola (2015) reported that by the 1970s
and the 1980s, the Nigerian textile industry had
grown to become the third largest in Africa.
Between 1985 and 1991, it recorded an annual
growth of 67% and employed about 25% of
workers in the manufacturing sector. These era
could be described as the golden period of
Nigeria‟s textile industry.
Some of the textiles companies that enjoyed
the boom in the golden era then include
Kaduna Textile Ltd (KTL), Arewa Textiles
Plc, United Nigerian Textile Plc, Supertex,
Nortex Nigerian Ltd and Finetex Nigerian Ltd.
Others include Gaskiya Textiles Mill, Kano
Textile Ltd, Aba Textiles, Zamfara Textiles
Ltd, Asaba Textiles Ltd, African Textile Mill
Plc, Tofa Textiles and several others such as
Afprint, Atlantic Textiles Mill, Spintex, 5-Stars
and Speco Mills Ltd.
PROBLEMS OF THE NIGERIA TEXTILE
SECTOR
The story however changed in the early
nineties and the sector took a massive dive into
an industrial abyss. These companies began to
close down one after the other. At a point
during the crisis in the sector, from about 180
thriving textile companies, the number came

*Corresponding author: E-mail:machardowens2000@yahoo.com Tel. +2348038758561

M. M. Owen, C. O. Ogunleye and E. O. Orekoya
down to almost zero, with textile giants such as
United Nigerian Textile PLC bowing to the
pressure imposed by a hostile operating
environment.
In Lagos State, the list of closed textile mill
companies include: Aswani Textiles, NSF,
Diamond Spinners, Rheka Industries, Emar
Textile, Mayfair, Aflon, Arcee, Texlon, Royal
Spinners and Tarpaulin Nigeria Limited.
Some of the Textile firms that have closed
down most recently include the International
Textile Industry (ITI) with factories in Isolo
and Ikorodu, both in Lagos, with 800 people
sent to the already saturated labour market.
First Spinners Limited, Ikorodu, Lagos, with
about 500 employees; Bhojson Textile Industry
with about 700 people and Reliance Textile,
Ikeja, Lagos, with about 500 employees have
also folded up (Olumide Abimbola 2015).
The folding up of textile industries in the
country poses a major threat to government‟s
efforts to reduce unemployment among
Nigerians.
Investigations (Yemi Olakitan 2010) revealed
that the loss of jobs in the sector hit about
100,000 when the largest textile company in
the country, the United Nigerian Textile PLC
in Kaduna State closed down with about 5,000
people forced into the labour market, and many
other textile producers were also forced to
close shop due to unfriendly economic and
political environment, massive smuggling and
importation of textiles.
Investigation (Yemi Olakitan 2010) also
revealed that a huge percentage of commercial
motorcycle riders are textile workers that were
disengaged by the moribund firms as it is
difficult for a textile worker, especially those in
production line, to adapt to other fields. It is
also difficult for them to begin their own
businesses because they do not have enough
resources to do so hence most of them end up
as commercial motorcyclists.
The situation became worse in 1997 when the
Federal Government lifted the ban on textile
100
importation and when Nigeria became
signatory to the World
Trade Organisation (WTO) and
fully liberalised textile trade under the then
Military Government. The unending crisis in
the industry was fuelled by policy
inconsistency, half-hearted commitment to
policy implementation, smuggling, high
interest rate, high rate of exchange, high cost
and scarcity of black oil as well as multiple
taxation.
As recent as 2008, the downward spiral of the
sector left only about 24 textile factories still
operating with less than 25,000 workers.
Worse still, those still functioning are not
producing at full capacity as high cost of
production, erratic power supply, multiple
taxes and lack of government support hamper
their operations.
Newly industrialized countries such as India,
China, Indonesia, Singapore and Bangladesh as
well as emergent African countries such as
Ghana have taken advantage of the closure of
the Nigerian textile industries. Investigation
(http://www.dailyafricagist.com. ;Yemi
Olakitan 2010)have shown that, smuggled
textiles have taken over 90 per cent of the
Nigerian market and that the Federal
Government was losing about N75billion
annually on customs duty and Value Added
Tax(VAT) as a result of smuggling of textile
materials into the country.
The perennial non-chalance and negligence of
the industry by successive governments only
goes to show that the nation is yet to come to
terms with the fact that the sub-sector is
globally recognized and regarded as a
significant catalyst for economic growth
http://thepointernewsonline.com.
Joke Falaju (2015) reported that cotton, textile
and garments industries across the country
have become “shadows of themselves” due to
influx of cheap textile materials, inconsistent
government policies and dumping of sub-
standard textile materials in the country,
Nigerian Journal of Polymer Science and Technology, 2016, Vol. 11, pp 99-108
ISSN: 1119-4111
Recent report have revealed that not less than
44 textile industries or companies have totally
or partially closed down businesses in Nigeria
by the end of year 2008 owing to poor returns
on investments and bad economy with many
more merely existing in names without
functional status
(http://www.dailyafricagist.com) hence the
need to resuscitate the cotton, textile and
garments industry in Nigeria.
In the early 1990s, it had become apparent that
there were some problems with the Nigerian
textile industry. Today, the sector is currently
faced with the following problems (Austin
Imhonlele 2009);
 Infrastructural decay and lack of
modern technology.
 Energy crisis and energy cost.
 Inconsistent and/or government
policies.
 Multiple taxation and high cost of
doing business.
 Importation; invasion of local markets
with foreign textiles.
 Lack of patronage of made in Nigeria
textiles by Nigerians, government
ministries and agencies.
 Porous borders, rampant smuggling
and counterfeiting at the borders.
 Corruption of some officials in the
customs and related agencies, and
capacity constraints which have made
it difficult for the customs to enforce
compliance.
 Inadequate funding.
 High cost of production occasioned by
epileptic power supply and high cost of
low Pour Fuel Oil (LPFO) for steam
generation.
 Sheer lack of political interest and
commitment to industrialisation by
Nigerian political leaders.
The major problem confronting the Nigerian
Textile Industry is the importation of cheaper
textiles goods mainly from China that flooded
101
the market. Consequently, there is a decline in
capacity utilization (to around 20 percent as
against over 50 percent earlier stated) with
over 100 factories closed while some existing
factories are in distressed conditions and very
few in a little stable condition. The textile
industry have therefore ceased to be an
important contributor to foreign earnings and
employment generation in Nigeria, This is a
warning signal that Nigeria‟s operating
environment is still very hostile to the textile
sector (Austin Imhonlele 2009).
WORLD TRADE ORGANISATION
(WTO) AGREEMENTS AND ITS
EFFECTS ON THE NIGERIAN TEXTILE
INDUSTRY
In 1995, World Trade Organisation, WTO,
adopted certain agreements on Textiles and
Clothing. The main beneficiary of the policy
was China. The global textile market is said to
worth more than $400bn at present. According
to China Customs, the export value of China‟s
textile and garment alone amounted to
$206.5bn. The Nigerian textile industry was
one of those that suffered, because of the cheap
exports from China. Investigations revealed
that Nigeria imports about N300bn worth of
textiles and garments annually and that most of
the textiles and garments are imported without
paying the required duties and taxes. Smuggled
textiles have taken over 90 per cent of the
Nigerian market
(http://www.dailyafricagist.com).
Investigations have shown that most of the
substandard textile goods in the country, which
are mostly from China, are smuggled into the
country from neighbouring countries like
Benin Republic and Niger Republic. It was
also reported that some of the imported
products are of inferior quality and some of the
people behind the smuggling of textile
products are employees and operators of the
textile firms that have closed shop in Nigeria
(http://www.dailyafricagist.com). Cost of
manufacturing textiles in Nigeria is high and
this gives room for cheap foreign goods. The
M. M. Owen, C. O. Ogunleye and E. O. Orekoya
sad news, however, is that some of the textile
firms that are closing shops in Nigeria are
shifting operations to neighbouring West
African countries. Some of the countries that
are benefiting from the fall of Nigeria‟s textile
industry are Sierra Leone, Ghana, and Guinea
among others
(http://www.dailyafricagist.com).
DECLINE OF THE NIGERIAN TEXTILE
INDUSTRY AND GOVERNMENT
INTERVENTION.
Over the years, there was a steady decline in
operations of the textiles firms and then an
eventual collapse of the industry, which has led
to loss of jobs, low capacity utilization and
drop in government revenue due to lack of
exciseduties.Report (http://nigeria. gounna.
com.) showed that a decline from 124 to 45
firms between 1994 and 2005 with a decrease
in employment by 87 percent from 150,000 to
about 20,000 were recorded in that period, and
the few surviving firms operating at less than
40 percent installed capacity. These showed
that total collapse of the industry is imminent.
An expert (Olumide Abimbola 2015) blamed
the decline of the textile industry on the hasty
accession of Nigeria to the WTO in 1995.
According to him, in accordance with WTO
rules, Nigeria had to remove any protection of
the local textile industry. He argued that it
would have been better for the country to
secure special arrangements with the WTO,
such that the local textile industry would be
protected.While there is certainly some truth to
this, there were other factors that contributed to
the decline of the industry, one of these was the
ending of the Multi Fibre Agreement (MFA)
and the accession of China to the WTO, both
of which happened within four years of each
other.
Until 2005, when the MFA (a system of quota
to be imposed by developed countries on the
amount of textile products developing
countries could export to them.) ended, there
was a quota on the amount of textile that China
could export. It would seem that between 2001
102
(when China became a member of the WTO)
and 2005 (when the quota system was
removed) Chinese companies were able to
hone their skills in textile production and
international marketing.
Before the MFA expired, the United States
introduced the African Growth and
Opportunity Act (AGOA), an initiative that
opened up the American market to African
countries. It was observed that before the
expiration of the MFA, textile products were
one of the fastest growing African exports to
the US. However, by the time the quotas were
lifted, Chinese exports increased rapidly and
proved to be stronger competition than African
companies could handle.
It was reported (Olumide Abimbola 2015) that,
African countries suffered from the increase in
exports from the Chinese textile industry on
two fronts. Firstly, cheap exports from China
were undermining local textile industries and
secondly, the growth of Chinese exports to the
United States was making it almost impossible
for African countries to compete with China
for the US market.
The Nigerian textile industry was one of those
that suffered especially because of the first
point.
This should not in any way be seen as an
indictment of China, but as a failure of policies
on the part of the Nigerian government. For
instance, part of what this has shown is that a
country that cannot police its borders should
not rely, almost exclusively, on import
prohibition as a trade policy instrument.
Other African countries have been highly
supportive of their textile industry to improve
their competitiveness. Ethiopia, for example,
had attracted foreign direct investment in the
textile and garment industry in recent years
creating 28,000 new jobs as a result. Ivory
Coast had one large textile mill; its government
however had taken effective steps to check
imported counterfeit textiles to protect local
industry. Ghana on its own part had three large
textile mills and only allowed import of all raw
materials, dyes and chemicals and spare parts
Nigerian Journal of Polymer Science and Technology, 2016, Vol. 11, pp 99-108
ISSN: 1119-4111
at zero per cent duty. The Federal Government
must take necessary measures and put in place
similar policies that would support and protect
the nation‟s textiles industry.
Precisely in 1994, many textile manufacturers
began to feel the pinch of unstable political
situation, massive smuggling and high
production costs due to poor infrastructure,
taxes and levies, among others. The situation
got worsened in 1997, when the ban on
importation of textiles was lifted which
resulted to flooding the market with inferior
imported products.
Stakeholders in the textile sector (Kehinde
Ibrahim 2015) condemned the Federal
Government‟s lifting of the ban on the
importation of finished textiles. They also
accused officers of the Nigeria Customs
Service (NCS) of feeding fat on the
development as they allegedly collect bribes
from importers and their agents to clear textile
materials as an alternative to duty payments in
the bank. It was said that the decision of the
Federal Government to lift the ban on the items
might have negative consequences on local
manufacturers, as most of them would be
forced to abandon production for importation
and that the development could aggravate
unemployment, criminal activities, insecurity
of lives and property and the strangulation of
the local market, as patronage of locally made
products might decline (Kehinde Ibrahim
2015).
Consequently, many big players in the industry
could not survive and within six years, over 50
companies had closed down, while about
80,000 employees had lost their jobs. About 60
percent capacity utilisation in 1996
deteriorated to about 28 percent as of 2002. As
at the end of 2009, only about 34 textile
companies with a workforce of less than
25,000 were in existence.
This was the picture that compelled the
government to ban all imported textile products
as from January 1, 2004 and in December,
2009, and also established the N100 billion
103
Cotton, Textile, and Garment (CTG) Revival
Fund, to be managed by the Bank of Industry
(BoI). Government intervention through the
Textile Fund had significantly assisted in
reviving some of the dead textile companies.
However, the government was urged to give
additional incentives to the textile
manufacturers to enable them increase their
productivity and create more jobs for
Nigerians.
However, the intervention fund failed because
the issues of raw materials, particularly cotton
and modern technology/ machinery needed by
the industry were not taken into consideration
before the government released the fund. In
addition to non-existent plan for the regular
supply of cotton and state-of-the-art
machinery, there are other problems like
smuggling, erratic power supply and
inadequate supply of gas and black oil, all of
which are crucial to the survival of the
industry. It was reported
(http://nigeria.gounna.com) that even the
Nigerian government does not patronise its
local textile manufacturers. Government‟s
uniformed agencies do not patronise the
industry; on the contrary, they gave out
contracts for the import of uniforms, for
example. An Indian national was quoted as
saying that Nigeria imported textile products
worth about N21 billion within one year from
India alone.
Also, despite the N100 billion intervention
fund set aside by the Federal Government in
2009 to revive the nation‟s ailing textile
industries, performance of the textile industry
over the years has remained low due to lack of
enabling environment and inconsistency in
government policy.
Stakeholders also shared the view that the
capacity utilisation in the industry has
remained below 50 per cent and the growth had
been stagnant since 2012.
It was reported (Bimbola Oyesola 2015) that
the N100 billion intervention fund set aside by
the Federal Government in 2009 to revive the
M. M. Owen, C. O. Ogunleye and E. O. Orekoya
nation‟s ailing textile industries may have been
misapplied or misappropriated. Unless
effective steps are taken by the government to
revive the industry, gains achieved in 2010 will
be lost and result in job losses, thus
aggravating the unemployment
situation(Bimbola Oyesola 2015).
GOVERNMENT FRESH N255BN
INVESTMENT IN TEXTILE INDUSTRY
It is, however, heart-warming that the Federal
Government is beginning to show some level
of commitment and determination to revive the
industry (http://thepointernewsonline.com).
It was reported recently (Chris Agabi 2015;
Julius John 2015; http://tungamediang.com)
that Nigeria‟s apex bank, the Central Bank of
Nigeria (CBN) have started a programme
aimed at revival of the country‟s cotton textile
and garment (CTG) industry by providing loan
at single digit interest to the CTG industry
under the Real Sector Support Facility (RSSF).
An act which provides enhanced market access
for certain goods from qualifying countries in
sub-Saharan Africa, including Nigeria.
Stakeholders in the Nigerian textile industry
(http://tungamediang.com) have stressed that
the problem of the textile industry is beyond
the CBN and have also expressed their doubts
over the possibility of the Central Bank of
Nigeria (CBN) reviving the almost dead
Textile industry for reason that providing funds
for the industry is not enough to resuscitate the
industry.
Reports (Chris Agabi 2015; Julius John 2015;
http://tungamediang.com) have shown that
funds like this has been announced to
Nigerians before and increased the hopes of
stakeholders in the industry, only for their
hopes to be dashed at the last minute because
they could either not access the funds or could
not meet the very stiff conditions that are
required to access such funds.
It was reported (Ifeanyi Onuba 2015; Joke
Falaju 2015; BusinessNews Staff 2015) that,
following the approval of the National Cotton,
104
Textile and Garment Policy which was
launched on January 20, 2015 by the Federal
Government for the revitalisation of the
industry due to its huge job creation potential,
the Government is currently targeting
cumulative investments of N255bn over the
next five years through the implementation of
the National Cotton, Textile and Garment
Policy.
The National Cotton, Textile and Garment
Policy is aimed at revitalising and boosting the
growth and development of the cotton, textile
and garment industry. The main thrust of the
policy is to reposition the sector as the second
largest employer of labour and a revenue
earner for the government.
It is claimed that, the policy would increase the
level of direct employment in the sector from
the current 24,000 to 50,000 persons by the end
of 2015 and 100,000 by 2017.
Indirect employment is also expected to
increase from the current level of 650,000 to
one million by 2015, and 1.3 million by 2017.
Export earnings are also expected to increase
to at least $3bn annually or 0.5 per cent of the
global share of international trade in textiles
and garments in five years and would lead to
an increase in seed cotton production in the
short-term from 200,000 metric tonnes to
500,000 metric tonnes by the end of 2015.
In order to boost patronage of indigenous
fabrics, the government has directed that all
military, para-military agencies and
government schools are to purchase only
made-in-Nigeria textiles and garments for their
uniforms while the private sector, especially
schools, should be encouraged to source their
materials locally.
The policy would ensure that adequate
standards would be developed in the sector and
all major textile importers must be registered
by the Standards Organisation of Nigeria
(SON) to reduce dumping of substandard
goods in the country; and a bilateral agreement
between SON and its counterpart in China to
significantly reduce counterfeiting. The policy
also states that all cotton, textile and garment
Nigerian Journal of Polymer Science and Technology, 2016, Vol. 11, pp 99-108
ISSN: 1119-4111
companies operating in Nigeria are to register
their trademarks with the relevant authorities.
It is expected that these measures would
increase the competitiveness of the CTG firms
and discourage smuggling across the nation. A
presidential task force made up of the Ministry
of Industry, Trade and Investment, Budget
Office of the Federation, Nigerian Custom
Service, SON and Manufacturers Association
of Nigeria would be constituted and be
empowered to confiscate goods smuggled into
the country.
The policy would address all bottlenecks
inhibiting the growth and development of the
industry, it would improve the quality,
quantity, production capacity, marketing and
competitiveness of the players across the entire
value chain; control the influx of fake and sub-
standard textiles and garments into Nigeria
(Ifeanyi Onuba 2015; Joke Falaju 2015;
BusinessNews Staff 2015).
THE NIGERIAN TEXTILE SECTOR:
THE WAY FORWARD.
Experts in the textile industry said (Suleeiman
Adenekan 2009) that the industry is currently
in a state of coma, and less than 20 textile
companies are operational compared to more
than 150 mills that were once operational and
if the government is serious about alleviating
the huge challenges facing stakeholders in the
industry, it should first of all ensure a
conducive operating environment.
In order to revive and secure the future of the
Nigerian Textile Industry (Lagos Chamber of
Commerce and Industry (LCCI) 2009;
Suleeiman Adenekan 2009;Adeduro, Ganiyu
Obaoro (2009);
http://www.nannewsnigeria.com) ;
 Nigeria should diversify the economy
and rely less on oil: within the context
of globalization, open market policies
and current falling oil prices, Nigeria
cannot afford to continue depending on
oil alone if the country is to deliver
impact on poverty reduction and
105
ensure an acceptable standard of living
for its people.
 WTO and bilateral trading agreement
with foreign countries must be
renegotiated thereby ensuring a level
playing field for all investors in the
Nigerian economy. The bureaucracy
should be more investment friendly.
 The government should engage Asian
government on best trade practices and
chart a new course for reviving the
textile industry.
 Our institutions and citizens must
patronise made-in-Nigeria goods.
 The customs and related agencies
should curb smuggling and dumping
once and for all.
 Nigeria must emulate India and China
by taking advantage of its cheap,
hardworking, and low-skilled workers
to compete better in world markets in
the labour-intensive textile market and
also establish a Ministry of Textiles.
 The production of cotton for domestic
utilisation and exports should be
strengthened and the existing players
in the sub-sector should be supported
to expand their current operations in
order to attract strong brands as well as
enable operators to set up local
manufacturing plants in the country.
 Many, rightly, believe that one of the
things that resulted in the ruin of the
industry was the undue opportunity
and control given to expatriates in the
sub-sector who dictated the pace of its
growth. This must be avoided this time
around. The nation has boundless able
and capable entrepreneurs and the
tenets of local content must be up held.
M. M. Owen, C. O. Ogunleye and E. O. Orekoya
 Well-trained man-power from Yaba
College of Technology, Kaduna
Polytechnic, FUTO, ABU and other
institutions must be injected into the
industry.
 Beyond injecting the much-needed
funds into the industry to jump-start it
from its current moribund state, the FG
also needs to urgently take the
infrastructural challenges that resulted
in the death and relocation of most of
the factories of yore. Without stable
power supply and insecurity affecting
a part of the nation tamed, any attempt
at reviving the ailing industry will be
only cosmetic. Government, therefore,
should go the whole hog.
CONCLUSIONS
The nation‟s textile industry has been brought
to its knees by a combination of huge
infrastructural deficits and cheap imports from
Asia. The collapse of the industry was driven
largely by smuggling at the borders, failed
government policies, high cost of doing
business arising from high-priced raw
materials, energy costs, and a plethora of
challenges, which plagues the investment
climate in Nigeria.
The government intervention loan of N100-
billion and even the fresh N255billion
investment in textile industry intended to
revive the textile industry are commendable,
but mere injection of billions naira textile
revival fund is not enough for the revival of the
Nation‟s collapsed textile industry. The
problems in the sector definitely has gone
beyond a mere financial provision. It is good to
create funds, but it is better to create a
„sustainable enabling environment‟ typified by
low operating cost, availability of long term
funds from the banks and policy consistency to
boost economic activity and facilitate job
creation. What is paramount for the private
sector is an investment climate. The initiation
and enforcement of the right policy on the part
106
of the government, availability of gas and Low
Pour Fuel Oil for industry boilers, curbing of
smuggling, as well as solving insecurity, power
/energy problem would go a long way to revive
the textile industry for sustainable economic
development. An expert said(Lagos Chamber
of Commerce and Industry (LCCI) 2009)that,
Nigeria should put in place security and power
to facilitate economic development of the
country, and if security and power are in place,
there will be a conducive atmosphere for
businesses to thrive.
The major challenge that is facing the industry
is the lack of basic infrastructure particularly
inadequate power supply. The government
must help the textile industry by improving
power supply. This is what will benefit every
entrepreneur and have a multiplier effects on
the economy because there will be jobs. If the
industry do not spend their money on power
generation, the cost of production will be
greatly minimised (Adeduro, Ganiyu Obaoro
2009).
An Expert once said (Adeduro, Ganiyu Obaoro
2009) that if we address the problems of
infrastructure, half of the problems plaguing
the sector would have been solved. The
problems of electricity, high costs of
production are very basic problems facing the
industry.
The adequate infrastructure must be put in
place. And if government can take effective
charge of power and provide adequate power
supply, then we can concentrate our creative
efforts on other areas, which will contribute
immensely to the growth of our national
economy.
Attempts at reviving the sector through fiscal
policy and monetary intervention seem to go
nowhere. The textile sector is a critical
employer of labour, and must not be allowed to
collapse. The situation in the textile sector
demands practical solution on how it can be
revived. The problems of the sector are multi-
dimensional, requiring a combination of
several initiatives.
Nigerian Journal of Polymer Science and Technology, 2016, Vol. 11, pp 99-108
ISSN: 1119-4111
All hope may not be lost for the industry as
falling oil prices have again underlined the
need for economic diversification. The
government and all stakeholders must as a
matter of urgency fashion out plans to revive
the textile industry to secure the future of the
country (http://www.nannewsnigeria.com).
The need to revive the Nigeria‟s textile sector
in order to boost the economy is of paramount
importancefollowing the drop in oil revenue in
order to create jobs opportunities, eradicate
poverty and reduce crime rates and corruption
in our society (BusinessNews Staff 2015).
The CTG policy is commendable and could be
described as “the requisite compass” for the
revitalisation and growth of the cotton, textile
and garment industry in Nigeria.
The implementation of the CTG policy is
another milestone towards Nigeria‟s industrial
revolution because it shows a clear and
integrated approach towards complete
revitalisation and growth of the industry across
the entire value chain. If all the problems
affecting the industry can be tackled decisively
and holistically with the concerted effort and
drive embarked upon by the Federal
Government, the Nigerian textile industry will
be resuscitated for sustainable development
REFERENCES
Adeduro, Ganiyu Obaoro (2009). Ageing
Technology; Bane of Textile Industry.
http://www.punchngcom.Retrieved on
August 7, 2009.
Austin Imhonlele (2009). Nigeria Textile
Industry heads for total collapse.
http://www.businessdayonline.com/ind
ex/article&id. Retrieved on October
16, 2009.
Bimbola Oyesola (2015). Nigerian Textile
Industry faces imminent collapse.
http://www.sunnewsonline.com.
Retrieved on June 29, 2015.
107
BusinessNews Staff (2015). FG targets
fresh N255bn investment in textile
industry. http://businessnews.com.ng.
Retrieved on February 17, 2015.
Chris Agabi (2015). CBN moves to rescue
Nigeria‟s dyeing textile sector.
http://www.dailytrust.com.ng.
Retrieved on August 9, 2015.
Ifeanyi Onuba (2015). FG targets fresh
N255bn investment in textile
industry.http://www.punchng.com.
Retrieved on February 16, 2015.
Joke Falaju (2015). Buhari Plans to
Resuscitate Textile, Garment
Industry.http://www.ngrguardiannews.
com. Retrieved on July 15, 2015.
Julius John (2015). The problem of the
textile industry is beyond the CBN.
http://www.hallmarknews.com.Retriev
ed on August 13, 2015.
Kehinde Ibrahim (2015). Nigerians
condemn lifting of ban on importation
of
textiles.http://www.nigerianpilot.com.
Retrieved on June 25, 2015.
Lagos Chamber of Commerce and Industry
LCCI (2009). Revival of Textile
Industry Goes Beyond Injection of
N100bn Textile Fund.
http://www.punchng.com.Retrieved on
August 14, 2009.
Nigeria‟s apex bank to rescue textile &
garment
industry.http://tungamediang.com.
Retrieved on July 15, 2015.
 M. M. Owen, C. O. Ogunleye and E. O. Orekoya

Nigeria‟s textile industry as a sad story.

http://www.nigeria.gounna.com.Retrie
ved on July 15, 2015.

Nigerian Labour Congress (NLC) tasks

Federal Government on revival of
collapsed textile mills.
http://www.dailyafricagist.com.Retriev
ed on July 15, 2015.

Olumide Abimbola (2010). Fixing the

Giant: Can Nigeria‟s Textile Industry
Regain Lost Glory?
http://www.nigerianstalk.org. Article
originally written
forwww.tradeinvestnigeria.com.
Retrieved on June 28, 2010.

Revival of Nigeria's Textile Industry will

boost Nation‟s Economy.
http://www.nannewsnigeria.com.
Retrieved on June 17, 2015.

Reviving the Textile Industry:

http://thepointernewsonline.com.
Retrieved on August 25, 2015.

Semshak Gompil (2004). The Textile

Industry in Nigeria/Africa-What Hope
for Sustainability? www.imsu-
jafs.com. Retrieved on February 15,
2015.

Suleiman Adenekan (2009). An Enabling

Environment for Economic
Revival.http://www.punchng.com.
Retrieved on August 7, 2009.

Yemi Olakitan (2015). Nigeria‟s troubled

Textile Industry.
www.nationalmirroronline.net.
Retrieved on February 15, 2015.
108

View publication stats