FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead - Politics (2)

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FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead (9428 Views)

Uzodimma To Demolish Okorocha's Property Built On Water Channels: Pics & Video / FG Moves To Revive Cotton, Textile Industries / Godwin Emefiele: 130 Textile Industries In Nigeria Have Collapsed (2) (3) (4)

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Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by Abaki5: 6:20am On Aug 08

Okete001:
Hehehe

I will just say Tinubu is wasting his time.

He can’t do anything to please Nigerians especially the ones from 5 plots of land who always wake up their parents with sidekicks.

Nigeria go better

Chairman you no that this is an audio move don't be decive and the five dot can't get any share from it you no very well

1 Like

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by discusant: 6:20am On Aug 08

deji17:
Nigerian govt moves to revamp textile industries, Sanwo-Olu, Uzodimma to lead project

https://dailypost.ng/2024/08/06/nigerian-govt-moves-to-revamp-textile-industries-sanwo-olu-uzodimma-to-lead-project/

Stuck in reverse. Old minds. Rest of the world is going to the moon.

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by Gardenplus: 6:21am On Aug 08

Comrade Oshiomhole would be happy. Man is a textile advocate..

1 Like

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by kenmaro: 6:23am On Aug 08

At the end, they will become more expensive than imported textiles.

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by valentineuwakwe(m): 6:39am On Aug 08

Let it be "talk n implement " ......not talk n abandoned!

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by forgiveness: 6:41am On Aug 08

mrvitalis:
We dont need to revive the textile Industry .. In fact it should be discouraged for now

Why because we lack a comparative advantage in tht industry and it's a raw materials industry... Anything produce from textile produce in nigeria would be comparatively disadvantaged!!!!!

Allow textile imports in fact make them duty free focus on the garment industry .... Think Africans think for heaven sake

Bangladesh imported over 20 billion dollars what of textile last year... But exported over 55 billion dollars worth of garment

Y did nature punish Nigerians with bad leaders like this

Those textile industry would never work

Very bad opinion. We should continue with container economy.

2 Likes

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by Lionnation: 7:02am On Aug 08

EreluRoz:
Sanwoolu yes, Uzordinma no kos he's a big thief. He did imolites dirty. Zonefreee come and carry your wicked governor. No southeast governor is working, even the social media governor Alex Otti is owing workers. Honestly we easterners should learn to hold our leaders accountable.

rant of a stupid ignoramus

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by mrvitalis(m): 7:21am On Aug 08

Zaheertyler:

We will have the textile industry and Bangladesh will buy from us na..
No sorry
We will have the textile industries and make the garments too and everybody buys from us
No sorry
They know what they're doing
Just read the news and smile

You want to compete with China and India that have invested over 300 billion dollars in the last 50 years in the industry

There is nothing Nigerian textile can produce that would be competitive

Why don't you people get it

2 Likes

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by chrisblack1234: 7:22am On Aug 08

They will claim they re working,yet ow to eat is Wat they thinking too..

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by baconline(m): 7:30am On Aug 08

Dead on arrival

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by israelmao(m): 7:50am On Aug 08

I believe in action more than much talk.More action less talk.

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by babamoha(m): 8:12am On Aug 08

Our problems in Nigerian is that we put our personal interest above the nation's interest.

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by ComeToJesus: 8:19am On Aug 08

Its obvious that this government is just groping in the dark. Its akin to a drowning man that clutches at a straw.

There's been billions thrown into a fraudulent scheme in the past known as Textiles Intervention Funds. These same crooks swallowed the money.

Textiles, at one point was the highest employer of labour in Nigeria but the dynamics have changed now.

I worked in the textiles sector for about a decade and i can tell you that Nigeria isnt ready.

The monies we spent on bribing NEPA alone in Isolo so that they can pity us and energise our feeder line was mind boggling.

Expenses on diesel was huge too. A company that was exporting suiting materials to Spain, Uk, Italy and South Africa couldn't survive largely because of the huge overheads on power.

It's a very sad situation in this country.

I'll rather advise them to focus on the garment side of textiles because the Nigerian government that I know can't sustain a delicate sector like textiles because of its unserious attitude.

And what is a punk daft like Uzodimna doing there? Dude is fcked up

3 Likes

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by ufotunang: 8:20am On Aug 08

It's the private sector and private investors, entrepreneurs that can effectively operate and revamp the textile industry...the government is to provide a conducive environment for the textile industry to thrive and excel ..provide constant electricity light supply, appreciate the naira and make it have value against against the dollars , fair tax charges, good roads, low costs of fuel, disel, and nigerians patronizing and buying the nigeria made textile products, wrappers than the foreign ones

1 Like 1 Share

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by NairaMaster1(m): 8:32am On Aug 08

deji17:
Thiis is a good initiative.
The youths need focus and jobs

I told you guys that Tinubu is a bad man with good intentions.

Buhari came and wasted 8 years.
Buhari is a bad man with evil intentions.

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by grandstar(m): 8:44am On Aug 08

Again, the government returns to its vomit of import substitution and backward integration policies. They should free the market.

Frankly speaking, the glory days of the textile mills might be gone for good.

What the government should do instead is to slash the import duty on textile fabrics to 5%. This would boost the garment manufacturing sector which already employs over a million people in small scale operations. Such a reduction might bring in much bigger players in the industry.

The Nigerian government may even work hard to woo in Chinese manufacturers who are battling with high wages back home and a lack of demand in their products overseas. This could bring in billions of dollars in foreign investment into Nigeria.

5 Likes 1 Share

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by REALretep(m): 8:45am On Aug 08

deji17:
Nigerian govt moves to revamp textile industries, Sanwo-Olu, Uzodimma to lead project

https://dailypost.ng/2024/08/06/nigerian-govt-moves-to-revamp-textile-industries-sanwo-olu-uzodimma-to-lead-project/

Nonsense and Ingredients...
You didn't see proven technocrats with integrity to spearhead this initiative. You are bringing the same people... governors who have nothing new to offer.

1 Like

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by Maliqcious: 8:46am On Aug 08

deji17:
Thiis is a good initiative.
The youths need focus and jobs

The youth need money…which one be focus

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by Optimuss: 9:02am On Aug 08

NwaNimo1:
Hopeless-Babajide.....

some should check on this guy

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by cucumbar: 9:06am On Aug 08

deji17:
Nigerian govt moves to revamp textile industries, Sanwo-Olu, Uzodimma to lead project

https://dailypost.ng/2024/08/06/nigerian-govt-moves-to-revamp-textile-industries-sanwo-olu-uzodimma-to-lead-project/

Anybody wey belive these ones na fool.

They are not doing anything.

There talk is always future tense … FG to, about to, set to.

Check back in 5 years time, dem never do anything.

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by Zeebuy: 9:12am On Aug 08

Salewa97:
Sanwo-Olu, my guy!

This revamp go sweet well well.

If we fit bring back our textile industry, na so jobs go dey fly like bird for Lagos!

Make we support local, because na only wetin we produce go fit sustain us!

Lolzzzzz......guy you're trying too hard o. I commend your doggedness in your stupidity

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by pandax: 9:57am On Aug 08

EreluRoz:
Sanwoolu yes, Uzordinma no kos he's a big thief. He did imolites dirty. Zonefreee come and carry your wicked governor. No southeast governor is working, even the social media governor Alex Otti is owing workers. Honestly we easterners should learn to hold our leaders accountable.

Lienus MBAH !!!, SE have the best crop of Governors in Nigeria today. We are proud of the workaholic cum deep thinker in Abia - Otti, the grammarian of Enugu-Mbah, the dreamer cum fore-sighted of Anambra - Soludo, the development consciousness cum liberality of Ebonyi - Nwifuru and the Supreme Court Governor cum politically correctness of Imo - Uzodimma

1 Like

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by harmargedon: 10:18am On Aug 08

mrvitalis:
We dont need to revive the textile Industry .. In fact it should be discouraged for now

Why because we lack a comparative advantage in tht industry and it's a raw materials industry... Anything produce from textile produce in nigeria would be comparatively disadvantaged!!!!!

Allow textile imports in fact make them duty free focus on the garment industry .... Think Africans think for heaven sake

Bangladesh imported over 20 billion dollars what of textile last year... But exported over 55 billion dollars worth of garment

Y did nature punish Nigerians with bad leaders like this

Those textile industry would never work

sunflag has a cotton farm, where they grow cotton then process them to yarn and then to textile products. Why then do we need to import, it's like telling Dangote to import lime stone.

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by mrvitalis(m): 10:25am On Aug 08

harmargedon:
sunflag has a cotton farm, where they grow cotton then process them to yarn and then to textile products. Why then do we need to import, it's like telling Dangote to import lime stone.

Can they produce? Yes

But can they produce cheaper than we can import? No

My angle of looking at it is not yo satisfy local demand

But to become an imported player in 500 billion dollars a year garments industry

We can have 25% of that market... We have the infrastructure, manpower needed
The only thing lacking is cheapel textile

The textile industry in Nigeria is max a potential of 2 billion dollars a year

The garment industry in nigeria have a potential of 200 billion dollars

Can't u see the difference?

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by kentokay71: 12:49pm On Aug 08

So what are they trying to do now, what they are saying is to brainstorm on what to do to bring textile back not to establish textile industries try to understand

descarado:
Govt has no business doing that. Provide enabling environment for business and let private sector do their thing.
Waste of resources as usual.

How many times have they tried revamping these in the past?
What's the result?
Chasing after shadows as usual

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by PHAYOL81: 1:55pm On Aug 08

Good. Fabric, paper, glass/screen, battery, leather （for shoe, bag, belt, jacket, seat, mat, etc）, tyre factories should be revitalised and encourage to produce grade A qualities that would not only necessitate local patronage but also attract exportation and FX. Time we started taking serious action on manufacturing and be very bullish about the promotion for good quality and patronage. Nigeria will be great again.

WE RISE!

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by MIKOLOWISKA: 2:20pm On Aug 08

[quote =mrvitalis post=131384500]We dont need to revive the textile Industry .. In fact it should be discouraged for now

Why because we lack a comparative advantage in tht industry and it's a raw materials industry... Anything produce from textile produce in nigeria would be comparatively disadvantaged!!!!!
[/quote]

Explain
We can grow it
We have before and it was competitive
Land boku
Labor is cheap
Shay you know your part of the leaders

Allow textile imports in fact make them duty free focus on the garment industry .... Think Africans think for heaven sake

Bangladesh imported over 20 billion dollars what of textile last year... But exported over 55 billion dollars worth of garment

Y did nature punish Nigerians with bad leaders like this

Those textile industry would never work

reasons pls

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by MIKOLOWISKA: 2:22pm On Aug 08

festacman:
Tinubu's Economic Plan

- Remove subsidy
- Impose tax
- Distribute rice

Tinubu needs to create a policy Think-tank to brainstorm and create policy and reform ideas because there is no direction at the moment and future looks bleak. Otherwise hunger and hardship situation are likely to worsen with dire consequences.

Why
He is not hungry
You are
You need to form think tank and brainstorm not him
He had achieved his dreams

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by MIKOLOWISKA: 2:25pm On Aug 08

Funkyswagzz:
This is what people need to see. I don't understand why he's been wasting time on industrialization as if he has no idea on what to do. Sometimes I wonder if there's a strong bad spirit holding Nigeria down. I watched most of tinubu's video and saw the way he complained about bad governance but he got a backlash within a year as president unprovoked.

The petrodollar is losing its grip at the world stage so we need to wake up, stop playing dirty politics and put in some hardwork. The time for joking around and deceiving people is over.

So you a full grown adult is waiting for another man that is not your father to come and fix country for you?
Wetin do yà hand
You no fit industrialise yourself?

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by MIKOLOWISKA: 2:26pm On Aug 08

descarado:
Govt has no business doing that. Provide enabling environment for business and let private sector do their thing.
Waste of resources as usual.

How many times have they tried revamping these in the past?
What's the result?
Chasing after shadows as usual

define enabling environment
Are there no businesses in Nigeria
Who holds you

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by Segzy19: 2:46pm On Aug 08

May they succeed

1 Like 1 Share

Re: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by mrvitalis(m): 2:59pm On Aug 08

MIKOLOWISKA:

Explain
We can grow it
We have before and it was competitive
Land boku
Labor is cheap
Shay you know your part of the leaders

reasons pls

If your focus is to produce for local consumption then by all means revive it... International price doesn't matter

But for me I see the potential of our garment industry... We have over 5 million Nigerians who can use sewing machine,. Setting up a garment factory to make shirts or other clothes won't closet 20 million... There are more than 10,000 Nigerians who can do that

But they would need to export it for it to make sense n be viable

Ask anyone the online reason we can't export our cloths competitively is important duty on fabrics that's all

You can make a shirt for below ₦1000 if fabrics are cheap not even turkey, china, Vietnam or Bangladesh can compete... The only thing stopping it is the protection of the fabric industry

Which we can't compete.. Why

1) it's too small to get viable
2) cotton are not subsidized like USA cotton
3) cost of investment to make it competitive is beyond Nigeria now we are talking over 200 billion dollars minimum over 10 years

So why not allow fabrics to come in, grow the garment industries, some would become so big in the future that they would have funds to vertically integrates then start making their own fabrics

Fabric industry and the foolish ajokuta steel are too industry we need to kill to grow in Nigeria

1 Like

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