FG reveals Nigeria imports $6 billion worth of textiles annually

Nairametrics | 14-02-2025 01:37am |

The Federal Government has raised concerns over Nigeria’s heavy reliance on textile imports, revealing that the country spends approximately $6 billion annually on foreign textiles. This dependency has severely impacted the local textile industry, leading to job losses and stifling economic growth. Minister of State for Industry, Trade, and Investment, Sen. John Enoh, made this [...]The post FG reveals Nigeria imports $6 billion worth of textiles annually appeared first on Nairametrics.

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