The Nigerian government will unveil a new policy framework for Nigeria’s cotton, textile and garment (CTG) industry within the next two months in order to revive the industry.
Nigeria’s Minister of State for Industry John Enoh, while speaking at a CTG event said that the policy framework would provide broad guidelines for the sector and attract both local and foreign investments.
“We will come up with a broad guideline and policy framework that will govern this sector,” Enoh said, while stressing that the CTG sector remained critical to the implementation of the Nigerian Industrial Policy unveiled in February.
According to him, Nigeria’s cotton production declined from about 200,000 metric tons in 2001 to about 10,000 metric tons in 2025.
“A pilot initiative had demonstrated that cotton could be planted, processed and transformed into finished garments within six to seven months,” APA News quoted him as saying.
Enoh said that the pilot also proved that locally-produced t-shirts made from Nigerian cotton were better in quality, pricing and quantity than imported alternatives.
The minister explained that the government is determined to restore the glory days of the textile industry in line with President Bola Tinubu’s industrialisation agenda.
In his remarks at the event, Ayo Sotinrin, MD at the Bank of Agriculture (BOA), said that the bank had now plans to finance smallholder cotton farmers as part of efforts to support the revitalisation of the sector.
He disclosed that the Nigerian government was also setting up a dedicated fund that would be channelled through the bank to support operators across the entire CTG value chain.
According to him, the bank would focus on financing improved seeds, fertiliser, crop protection and technology-driven farming systems.
