Textile: Senate Appeals To FG To Ban Importation Of Materials For 5 Years - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
November 12, 2019
The Senate has also appealed to theFederal Government to ban importation of textiles in the country for a periodof five years to allow for the production of local materials.
This followed the debate on a motionsponsored by Kabir Barkiya at the plenary on “Urgent need to revamp thenation’s comatose textile industry”.
The Upper Chamber also called on theFederal Government to provide the necessary infrastructural facilitiesespecially power supply to local textile manufacturing companies to restorationof the industries.
It also called on the government toencourage local textile manufacturing companies by providing them with softloans and easy access to credit facilities through the Bank of Industry.
Contributing, Robert Boroffice saidthat the importation of textile materials was as a result of the comatose levelof the textile industry.
In his remark, the President of theSenate, Ahmad Lawan said that as Nigeria had signed the Africa Continental FreeTrade Agreement, the country have to be prepared for the repercussions.