The stakeholders met at a one day seminar in Abuja to discuss the CTG policy. They highlighted the need to raise cotton production, capacity of ginneries and textile companies in the country, according to a Nigerian newspaper report.
The event was coordinated with the help of German cooperation agency Deutsche Zusammennarbett, the European Union (EU) and the Nigerian ministry of industry, trade and investment.
Other key stakeholders are the Cotton Production Merchant Association of Nigeria (COPMAN), the Nigeria Textile Manufacturers Association (NTMA) and Cotton Ginners (GAMAN).
The Central Bank of Nigeria last year had announced plans to resuscitate the sector. The plan is to enable the country attain self-sufficiency in cotton production and create jobs, while enhancing the skills of Nigerians across the value chain of cotton production.
Nigeria had close to 52 ginneries in the past but, only 21 are operational now.
As a result, only 100 tonnes of cotton are being ginned per annum instead of the potential of 600 tonnes, Anibe added.
ALCHEMPro News Desk (DS)
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