FG Promises Speedy Intervention in Textile Industry

The federal government has restated its commitment to address the myriads of challenges besetting the nation’s textile industry in soonest time.

The minister of State for Trade, Industry and Investment, Hajia Aishat Abubakar gave this word during a facility tour to Lucky Fibres limited, makers of Noble Rug and Carpet in Lagos .

Receiving the Minister, ,Senior Human Resources Manager, Lucky Fibres Limited, Mrs Kemi Ajibade lamented the slow pace of development in the sector as a result of unfavourable government policies and infrastructure deficit.

According to her,activities in the company have been at low ebb as a result of epileptic Power, limited raw materials occasioned by foreign exchange restrictions , hence, under utilization of equipment.

She equally pointed that illegal activities of smuggler is rubbing off negatively on the firm’s turn over. “an average Nigerian cannot identify quality products, but will prefer to go for what is cheap in the market even if it does not serve for a long time.

“We urge Government to assist us in addressing the activities of smuggling. If you visit Alaba Market, you will see different kinds of sub standard carpets and rugs being displayed for sales”,she pleaded.
Ajibade who solicited urgent interventions of government in the industry also pleaded with the government to patronise the firm.

According to her, “the textile sector has the capacity to absorb more workers than any other sector in the economy.We need government’s patronage to boost our capacity.As at today, the company has 2500 direct and indirect staff in its payroll, if we are able to operate in full capacity, we will be able to engage more hands and reduce unemployment in the country. “
The Minister expressed satisfaction with the sophisticated equipment and quality products of the company.

While appreciating the company for promoting the Federal Government “made in Nigeria “ initiative,she urged players in the sector to be at patients with the government ,adding that ,the administration is considering a holistic approach to tackle the highlighted challenges so as not to leave any stone unturned.