Dark
Light
Today: June 19, 2024
November 21, 2023
1 min read

Textile leader: Power infrastructure key for foreign investments

Dr. Hamma Kwajafa, the Director-General of Nigerian Textile Garment and Tailoring Employers, emphasized that Nigeria’s pursuit of foreign investments is contingent on establishing critical infrastructure, particularly power.

Speaking at the 35th Annual Nation’s National Education Conference of the National Union of Textile Garment and Tailoring Workers of Nigeria in Kaduna, Kwajafa pointed out that South Africa’s economic success is attributed to its electricity capacity, boasting 50,000MW for a population of 60 million, whereas Nigeria, with over 200 million people, struggles with a mere 7,000MW. He asserted that such an energy deficit impedes the country’s potential for economic prosperity.

Expressing concern about the textile industry, Kwajafa lamented that dealers now turn to China for polyester fabrics due to challenges in Nigeria’s backward integration approach. He criticized the non-functionality of Nigeria’s refineries, advocating for actions like strikes to compel their operation. Kwajafa underscored the need for adequate infrastructure, especially reliable power, as a prerequisite for job creation and economic growth, highlighting the impact of the Naira’s depreciation against the Dollar due to limited exports.

The Education Conference’s keynote speaker, John Adaji, President of the Textile Workers’ Union, urged the Federal Government to intervene decisively in saving the textile sector. His recommendations included tightening borders through the Nigeria Customs Service, increasing import duties on finished textile products, granting tax waivers to local industries, ensuring energy infrastructure, and facilitating access to forex for raw material imports. Adaji emphasized the urgency of these measures to secure the future of work in the Nigerian Textile and Garment Industry.

Leave a Reply

Your email address will not be published.

Previous Story

Keyamo urges robust aviation in Africa

Next Story

Messi takes Argentine national team off field amid Maracanã riots

Latest from Blog

NLC, TUC picket IBEDC in Ogun

Members of the organized labour in Ogun State on Monday protested against the federal government’s elimination of power industry subsidies and hike in electricity

Ogun CJ frees 3 inmates

As part of its efforts to decongest correctional facilities across the Ogun state, the state’s Chief Judge, Justice Mosunmola Dipeolu has granted amnesty to

Two killed in Ogun cult clash

Two persons have been reportedly killed on Sunday in a cult clash in Abeokuta, Ogun State capital. The victims, allegedly members of the Eiye

Ogun evacuates, rehabilitates destitute

The Ogun State government has begun evacuation and rehabilitation of destitute with mental disorders who constitute environmental nuisance to communities across the state. Hon.

Pelican valley lights up Ogun communities

Pelican Valley estate has installed industrial solar lights in over ten neighboring communities in Ogun state. The community includes Kobape, Egbeda, Galatia, Masha, Mosunmore,

Ogun  IPAC gets new chairman

Comrade Sanyaolu Abayomi of Action Alliance ( AA) has emerged as the newly elected Chairman of  Inter-Party Advisory Council ( IPAC) in Ogun State.  The

OGHA passes N703.02Bn 2024 budget

The Ogun State House of Assembly has on Thursday passed N703,028,013,431.64 as the Year 2024 Appropriation bill. The bills which was earlier presented to

Ogun set to distribute 5000 CofO

The Ogun state government will distribute 5000 Certificates of Occupancy (C of O) to beneficiaries on Friday, December 1 2023. According to a statement
Go toTop