{"id":320608,"date":"2024-04-27T06:51:24","date_gmt":"2024-04-27T05:51:24","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=320608"},"modified":"2024-04-27T06:51:24","modified_gmt":"2024-04-27T05:51:24","slug":"fg-pledges-to-revamp-textile-industry","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2024\/04\/27\/fg-pledges-to-revamp-textile-industry\/","title":{"rendered":"FG Pledges To Revamp Textile Industry"},"content":{"rendered":"<ul>\n<li><strong>Minister Uzoka-Anite reaffirms the government&#8217;s commitment to revitalizing textile industry, aiming to create jobs and reduce import dependency<\/strong><\/li>\n<li><strong>Plans include attracting investors, modernizing facilities, and enhancing production quality to boost competitiveness and generate employment<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p>The Federal Government has restated its commitment to reviving the textile <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/04\/06\/adebayo-fg-will-tackle-challenges-facing-cotton-industry\/\">industry in Nigeria<\/a>. The goal is to strengthen the cotton, textile, and garment sectors to generate employment opportunities and reduce dependence on imports.<\/p>\n<p>Speaking at a town hall meeting of stakeholders in the cotton value chain in Abuja, the Minister of Industry, Trade, and Investment, Doris Nkiruka Uzoka-Anite, underscored ongoing efforts to attract investors and implement strategies to revitalise the industry.<\/p>\n<p>The minister outlined plans to create 200,000 jobs within the next two years, highlighting the fashion industry&#8217;s role in driving demand for locally manufactured textiles and garments. Additionally, she revealed initiatives to modernize existing facilities, introduce new technologies, and enhance production quality to enhance competitiveness on the global stage.<\/p>\n<p>Sheriff Balogun, President of the Federation of Agricultural Commodity of Nigeria (FACAN), emphasized the importance of adopting a cooperative approach and taking swift action to address the sector&#8217;s challenges. He noted that Nigeria is currently grappling with foreign exchange crises, low purchasing power, and unemployment, stressing the need to transform these challenges into opportunities by adding value to raw materials.<\/p>\n<p>Balogun also highlighted the potential for exporting garments worldwide and called for support from entities like Dangote in accessing affordable diesel fuel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister Uzoka-Anite reaffirms the government&#8217;s commitment to revitalizing textile industry, aiming to create jobs and reduce import dependency Plans include attracting investors, modernizing facilities, and enhancing production quality to boost competitiveness and generate employment The Federal Government has restated its commitment to reviving the textile industry in Nigeria. The goal is to strengthen the cotton, [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":248881,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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