x

Federal Government Aims to Create 1.4 Million Jobs with Cotton Industry Revival

By Milcah Tanimu

The Federal Government, in collaboration with the International Cotton Advisory Committee (ICAC), has initiated efforts to revive Nigeria’s cotton industry. The goal is to generate over 1.4 million jobs annually in the cotton and textile sector, focusing on key aspects of the cotton value chain such as farming, weaving, ginning, and linking.

This initiative aligns with President Bola Ahmed Tinubu’s industrialization drive. According to a statement by Stanley Nkwocha, spokesperson for Vice President Kashim Shettima, this plan was discussed during a meeting between Vice President Shettima and an ICAC delegation led by Executive Director Eric Trachtenberg at the Presidential Villa in Abuja.

Vice President Shettima urged stakeholders to develop a roadmap for revitalizing the cotton/textile sector, emphasizing the need for action over discussion. He assured that the Tinubu administration would seize opportunities within the cotton value chain and ensure Nigeria regains its ICAC membership.

Governor Babajide Sanwo-Olu of Lagos highlighted his state’s readiness to support the sector, citing Lagos as a crucial part of the cotton value chain. He expressed enthusiasm for job creation and economic transformation through the sector’s revival.

Governor Hope Uzodinma of Imo State described the meeting as the start of Nigeria’s textile industry revival, aiming to create jobs and drive industrialization. He emphasized the Southeastern region’s commitment to this effort.

ICAC Executive Director Trachtenberg praised Nigeria’s leadership and stakeholders for their interest and commitment to reviving the cotton industry. He cited the transformative potential of the cotton value chain, drawing examples from China, India, and Pakistan. Trachtenberg assured ICAC’s support through expert advice and investment facilitation.

The meeting was also attended by key figures such as the Minister of Innovation, Science and Technology, Chief Uche Nnaji; Director General of the Budget Office, Dr. Tanimu Yakubu; Director General of the Raw Material Research and Development Council, Prof. Nnanyelugo Ike-Muonso; and Director General of the Federal Institute of Industrial Research, Dr. Jummai Tutuwa.

Other ICAC delegation members included Director of Textiles, Mr. Usman Kanwar; Chief Scientist, Dr. Keshav Kranthi; President of the National Cotton Association of Nigeria, Mr. Anibe Achimugu; Vice President of the Cotton Ginners Association, Abdulkarim Lawal Kaita; and representatives of major textile and cotton producers in the country.

Hot this week

NCDC, Treasury House Strengthen Collaboration for Regional Growth

From Abel Zwanke, LafiaThe North Central Development Commission (NCDC)...

Today’s football match fixtures

Thursday 6 November 2025Europa League18:45 CET BaselvSteaua 18:45 CET D...

Be thankful even in the Eye of the Storm….

By Mary EwaThere are, undoubtedly, two things an average...

JUST IN: EFCC Declares Former Petroleum Minister Timipre Sylva Wanted Over $14.8m Fraud

The Economic and Financial Crimes Commission (EFCC) has declared...

Delta to Rebrand State-Owned Media in 2026 Budget, Says Commissioner Aniagwu

By Anne AzukaThe Delta State Government has announced plans...

Justice Dehinde Dipeolu’s Orders Spark Legal Scandal in Nestoil Case

A major controversy has erupted following the orders made...

Coalition Retracts Claims, Apologises To FIRS Chairman Over False Allegations

...Groups commend his exceptional leadership and reforms at FIRSA...

Police Rescue Stranded Passengers as Train Derails in Kogi

By Noah Ocheni, LokojaA passenger train travelling from Itakpe...

Related Articles

Popular Categories

spot_imgspot_img