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Home» Questions»Q 187950
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Lash
LashKnowledge Seeker
Asked: September 1, 20252025-09-01T11:49:07+00:00 2025-09-01T11:49:07+00:00In: Money & Business

What are the solutions to the setback in the Nigerian textile industry

What are the available solutions to the problems of the Nigerian textile industry

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2 Answers

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  1. De Mogul
    De Mogul Expert Mind A student
    2025-09-03T23:53:56+00:00Added an answer on September 3, 2025 at 11:53 pm

    The textile industry in Nigeria is actually as a matter of fact in a state of emergency which is where we need to collectively make a new effort in order to boost the industry. The government have a big role to play in this industry because they need to subsidize things like materials and power suppRead more

    The textile industry in Nigeria is actually as a matter of fact in a state of emergency which is where we need to collectively make a new effort in order to boost the industry.

    The government have a big role to play in this industry because they need to subsidize things like materials and power supply.
    They also need to make new rules and regulation that will be in table of industries like this.
    We also need to support them by patronizing made in Nigeria goods.

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  2. De Mogul
    De Mogul Expert Mind A student
    2025-09-03T23:55:01+00:00Added an answer on September 3, 2025 at 11:55 pm

    For the textile industry in Nigeria to actually become one of the best in Africa will need to do something that is long overdue. Nigerians were need to start patronizing ourselves by buying things made in Nigeria because it will help increase the local manufacturers to be better and also invest moreRead more

    For the textile industry in Nigeria to actually become one of the best in Africa will need to do something that is long overdue.

    Nigerians were need to start patronizing ourselves by buying things made in Nigeria because it will help increase the local manufacturers to be better and also invest more into production.
    Government also should make policies that are friendly to companies in Nigeria.

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