Post by Trade facilitator on Feb 9, 2020 21:42:53 GMT 1
The President of Nigeria, Muhammadu Buhari has directed The Federal Ministry of Industry, Trade and Investment (FMITI) to set up agro-allied industries across the 36 states of the country.
According to Mariam Katagum, the Minister of State for Industry, Trade and Investment, the directive is in line with government’s efforts toward spiking economic growth, as well as attaining food security.
The Minister disclosed, “Mr. President has directed that in every senatorial district, we should establish an Agro-allied industry and we know some industries exist but you can assist us in identifying the agro-allied industries that will be suited for you.
“Federal Government would give necessary support towards the development of the cotton, textile, and garment sectors of the economy”.
The Minister alluded that the textile industries in the last few years had faced various challenges which had resulted in the closure of over 150 textile firms in Nigeria.
This, according to her, also led to the loss of over two million jobs across the country.
She however assured that the “Government is very much interested in growing the economy, looking at other areas like cotton, textile, garment, grains, tomatoes, we need to add value.”
According to Mariam Katagum, the Minister of State for Industry, Trade and Investment, the directive is in line with government’s efforts toward spiking economic growth, as well as attaining food security.
The Minister disclosed, “Mr. President has directed that in every senatorial district, we should establish an Agro-allied industry and we know some industries exist but you can assist us in identifying the agro-allied industries that will be suited for you.
“Federal Government would give necessary support towards the development of the cotton, textile, and garment sectors of the economy”.
The Minister alluded that the textile industries in the last few years had faced various challenges which had resulted in the closure of over 150 textile firms in Nigeria.
This, according to her, also led to the loss of over two million jobs across the country.
She however assured that the “Government is very much interested in growing the economy, looking at other areas like cotton, textile, garment, grains, tomatoes, we need to add value.”
