Reviving the textile industry
The once vibrant Nigerian textile sector may likely collapse completely, if urgent steps are not taken to revive it. Before its decline, the sector contributed about 25 per cent of Nigeria’s gross domestic product (GDP) during its peak in the 1970s and 1980s. It is no longer so. Recent statistics showed that Nigeria’s dependence on imported textile materials has almost tripled, with importation surging by 181 per cent in two years, from N377.47 billion in 2023, to N1.08 trillion in 2025. This is in spite of several efforts to revive the industry.
31st August 2026