Nigeria forms textile steering committee to set up CTGDB

The committee was chaired by Abia Bassey, director overseeing the office of political and economic affairs in the office of the secretary to the government.

Nigeria has formed up a textile steering committee to develop the framework for setting up a Cotton, Textile and Garment Development Board.
The board would co-ordinate activities to strengthen the cotton, textile and garment value chain and turn the sector a key economic growth driver.
Committee members were urged to prioritise domestic production and encourage strong public-private partnerships.

The proposed board would serve as a co-ordinating institution to strengthen the country’s cotton, textile and garment (CTG) value chain and turn the sector a key economic growth driver.

The decision to establish such a board was discussed during the 149th meeting of the National Economic Council (NEC) in April last year, according to domestic media reports.

The sector has suffered a steady decline over the years due to several factors, including reduced production, inadequate infrastructure, inconsistent policies, limited access to financing, smuggling of finished products and tough competition from imported textile.

Members of the new committee were urged to prioritise domestic production and encourage strong public-private partnerships in the process of designing the new institutional framework.

Its membership include representatives of major stakeholders across the sector.

Fibre2Fashion News Desk (DS)