Nigeria’s textile industry is in peril

Daily Trust | 16-10-2026 09:41am |

The closure of 180 textile factories in Nigeria has been described as a disturbing warning about the state of the nation's manufacturing sector, requiring urgent government action. The crisis threatens jobs, local cotton production, private investment, and Nigeria's capacity to manufacture its own goods. If action is delayed, the country risks losing vital industrial assets and technical expertise that would take enormous resources and years to rebuild. A coordinated recovery strategy with concrete policies, adequate funding, and measurable results is needed, starting with affordable financing for viable textile manufacturers.

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