Nigeria’s textile imports surge 298% to N726bn in 5 years

*Expert calls for bold reforms to revive sector By Yinka Kolawole Importation of textile products into Nigeria rose astronomically by 297.8 percent within five years to N726.18 billion in 2024 from N182.53 billion in 2020. Data obtained from the National Bureau of Statistics (NBS) shows that textile imports have risen consistently from 2020 when it was N182.5 [...]The post Nigeria’s textile imports surge 298% to N726bn in 5 years appeared first on Vanguard News.

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