Kano biz-man tasks FG on textile policy

A Kano based business mogul, Alhaji Muddassir Idriss Abubakar, has called on the federal government to formulate a coherent textile policy that will provide an enabling environment to both manufacturers and retailers in the nation’s textile business.

Speaking to newsmen in Kano Thursday, Abubakar said the Nigerian economy had over the years maintained a robust status as a result of the immense contribution of the nation’s textile industries, before they abysmally  folded p for lack of adequate support from successive administrations, affirming that  no economic system could ever stand the test of time with industries relying on energy neglected.

He said retailers in the textile business had role to play in becoming employers of labour, with the people working under their tutelage earning a living for the services they were engaged to render, pointing out that with the retailers lacking support from the government, the job of those being employed would always be on the line.

He however stated that the craze for self-employment among the teaming youth roaming the streets of the country could only reach fruition with concerted effort made to provide a leeway for retailers and manufacturers in the textile business to overcome intractable obstacles, positing that many vibrant textile industries had over the years closed shop as a result of the prevailing energy crisis rocking the nation.

Citing the example of Ghana and Gambia as two African countries where textiles manufacturers were made to enjoy considerable leverage on tax  waver and sustainable energy  for their textile industries to thrive, the Kano based business magnet maintained that there was the compelling need for similar feat to be replicated in the country for the textile business to flourish.

He further revealed that it would be difficult for the nation’s textile business whether retail or manufacturing to survive under the fangs of  excessive tariff and protectionism stressing that  Nigeria’s lost glory in the textile sector could only be restored with firm commitment and the introduction of sustainable coherent policy

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