Business
‘Textile Alone Can Generate 2.5m Jobs’
The Vice President of Industrial Global Union, Mr Issa Aremu, has said that the textile industries alone can generate over 2.5 million jobs in Nigeria if rejuvenated.
He said the Federal Government could create 100 million jobs over the next 10 years with the resuscitation of the textile industries.
Aremu made the call at the weekend in Lokoja at a one-day interactive session on the five-year policy Trust of the Central Bank of Nigeria (CBN) – (2019-2024). The session was organised by the CBN, in collaboration with organised labour and other stakeholders.
He said that through the CBN intervention in cotton production, the narratives have changed from cotton shortages to cotton abundance and the country should no longer import cotton from Benin Republic.
Aremu, who is also the General Secretary, National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN), said, “Now, the challenge is that many factories have come back and are ginning the cotton seeds. They will then move to milling, weaving, spinning and the final product.
“You won’t believe it, uniforms for the Nigeria Customs Services, Police and the Army are produced in Bangladesh and India.
“Consider the security implications among other things. You know what, the few textile industries remaining have the capacity to produce them (the uniforms).
“We can even use it to kick-start new factories and you can imagine if we all agree that uniforms of primary and secondary school children should be produced locally, many of the garment factories will come back and this will get youths gainfully employed,” he said.
Aremu suggested that other sectors like construction and pharmaceuticals, should be rejuvenated for optimal performance.
He said “We like to drive exotic cars in Nigeria but we do not have factories where these cars can be manufactured. When properly rejuvenated, the factories for Volkswagen, Peugeot, Fiat, trucks in Kano, Styer in Bauchi can create decent jobs in these areas.”
Business
NEM Insurance celebrates IWD 2026 with pledge to sustain support for women endeavour
Business
Nigeria: Profit-Taking Persists as NGX Dips Marginally by 0.2%
Business
Wema Bank Admits 10 Startups into Hackaholics 2026
-
News1 day agoNavy Destroys Illegal Refinery In Rivers, Intercepts Stolen Fuel In C’ River
-
News1 day agoYou’re The Backbone Of Our Society, Fubara Salutes Mothers On Mothering Sunday
-
Rivers1 day agoCounty Grammar School Old Boys Elect New Executive
-
Environment1 day agoIllegal Buildings On Embassies’ Land Will Be Demolished – Wike
-
Politics1 day agoHUNDREDS OF LATE BAYELSA DEP GOV’S KINSMEN DUMP PDP FOR APC
-
Politics1 day agoA’Court Voids Rep’s Sack Over Defection To APC
-
News1 day agoODU PLEDGES PARTNERSHIP WITH WACCIMA TO ADVANCE WOMEN’S ECONOMIC EMPOWERMENT
-
Business1 day agoWema Bank Admits 10 Startups into Hackaholics 2026
