Talks ongoing to revive textile factories, Ajaokuta — FG
…Nigeria on course to raise industry’s GDP contribution to 25% by 2030 …Industrialisation is key to Nigeria’s $1tn economy, says Enoh By Juliet Umeh The federal government has said discussions are ongoing to revive moribund textile factories across the country and the Ajaokuta Steel Company as part of efforts to reposition Nigeria’s industrial sector and accelerate economic growth.
Speaking of efforts to revive the textile industry, Enoh said the government was engaging investors and development partners to restore the cotton, textile and garment value chain.
Minister of State for Industry, Senator John Enoh, disclosed this during an interview on Channels Television on Tuesday, saying the Tinubu administration was implementing the National Industrial Policy, NIP, to boost manufacturing, create jobs and drive Nigeria’s $1 trillion economy ambition.
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