FG moves to revive cotton/textile industry

Disclosing this in a statement on Tuesday, the Vice President’s Media Aide, Stanley Nkwocha, said the government met with the ICAC at the Presidential Villa in Abuja, the nation’s capital.

Chairing the meeting is the Vice President, Senator Kashim Shettima.

At the meeting, discussions centred on developing key components of the cotton value chain comprising farming, weaving, ginning and linking of cotton, all in line with the industrialization drive of the President Bola Ahmed Tinubu administration.

The target, Nkwocha stated, was to “create over 1.4 million jobs annually in the cotton/textile sector.” He said the delegation from the ICAC was led by its Executive Director, Eric Trachtenberg.

The statement read, “Senator Shettima urged stakeholders to come up with a roadmap for the revitalization of the cotton/textile sector in Nigeria, noting that “it is time to work more and talk less.”

The Vice President assured that “the Tinubu administration will make conscious efforts to ensure the country harnesses opportunities in the cotton value chain, including ensuring that Nigeria regains its ICAC membership.”

Shettima thanked the delegation for the visit, just as he acknowledged ICAC’s commitment to the development of the sector in Africa, noting that “your diverse backgrounds in ICAC gives a nuance understanding of the complexities and opportunities in the cotton value chain.”