Nigeria's Textile Industry Suffers as Imports Surge to N1.1 Trillion

Nigeria's dependence on imported textile materials has significantly increased, with imports surging by 181% to N1.08 trillion in two years, despite efforts to revive the local industry.

17 Aug, 08:01 — 17 Aug, 08:01

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vanguard-ngMixed16d ago

Imports choke textile industry, rise to N1.1trn in two years

Nigeria’s dependence on imported textile materials has almost tripled with importation surging by 181 per cent in two years to N1.08 trillion in 2025 from N377.47 billion in 2023, despite repeated efforts to revive the oncethriving local textile industry. The post Imports choke textile industry, rise to N1.1trn in two years appeared first on Vanguard News.

By olufemiajasa

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Nigeria's Textile Industry Suffers as Imports Surge to N1.1 Trillion

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Imports choke textile industry, rise to N1.1trn in two years

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