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Article

26 Aug 2024

Author:
Fibre2Fashion

Nigeria: Textile workers union blame smuggling, poor infrastructure, high taxes and interest rates, and inconsistent policies for industry's decline

"Nigerian trade union draws attention to textile sector's awful state", 26th August, 2024

...The National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN) recently criticised the deplorable state of the domestic textile sector due to increase in smuggling, lack of patronage and inconsistent policies...

...its national president Peters Godonu said the lack of patronage for indigenous goods is exacerbating economic challenges and encouraging smuggling...

...He attributed inadequate and expensive electricity supply, poor infrastructure, high taxes and interest rates, soaring diesel costs, and the depreciating value of the naira to the industry’s struggles...

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