Business
NACCIMA Lauds FG’s Cotton, Textile, Garment Policy
The Nigerian Association
of Chambers of Commerce, Industry Mines and Agriculture (NACCIMA) has lauded the Federal Government policy to revive the cotton, textile and garment industry.
The NACCIMA National President, Alhaji Mohammed Abubakar, stated this in a statement issued by the body in Abuja on Monday.
Abubakar said the government’s effort would definitely invigorate and boost the growth and development of the cotton, textile and garment industry in the country.
He said the government’s policy was a step in the right direction to address the usual bottlenecks retarding the growth and development of the industry in the country.
The NACCIMA boss said the new policy would help the country’s industrial revolution because it shows a clear and integrated approach towards complete revitalisation and growth of the industry across the entire value chain.
He called on the Federal Government to give priority attention to the revitalisation of the cotton, textile and garment industry as a result of its huge job creation potentials.
Abubakar said the policy should be supported by Nigerians to encourage the patronage of locally made fabrics to boost the growth of the value chain across the entire cotton, textile and garment industry in Nigeria.
Meanwhile, the Director-General of Nigeria Employer Consultative Association (NECA) Mr. Olusegun Oshinowo has commended the government for reviewing the policy on the cotton, textile and garment industry.
He stated that the new policy will enable investors to invest in Nigeria and to contribute to the building of a vibrant cotton, textile and garment sector.
The NECA DG said Nigeria as Africa’s largest consumer market provides a major boost to the growth of the industry.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
