Olalade Majekodunmi, National Coordinator, Nigerian Cotton Cooperative Society (NCCS) has applauded the National Economic Council's (NEC)’s plan to establish a Cotton, Textile, and Garment (CTG) Development Board, along with initiating a comprehensive ₦90 billion (Nigerian Naira) agribusiness and livestock plan.
According to Majekodunmi, overseen by Kashim Shettima, Vice President, the project will pave the way for Nigeria’s industrial and agricultural revival besides transforming the industry.
Also serving as the Managing Director, House of Dorcas Integrated Services (HDI), Majekodunmi described these initiatives as a bold and strategic move.
This approval signals a strong commitment from the Federal Government to revitalize Nigeria’s critical industrial sectors and drive economic diversification under the Federal Government’s Renewed Hope Agenda, she said.
A central coordinating body for Nigeria’s cotton-to-garment value chain, The CTG Development Board will encourage investments, policy alignment, and collaboration among stakeholders to restore the sector’s historical role in job creation and export growth, she added.
Aneibi Chimugu, Chief, Nigeria Cotton Society alongwith the entire CTG Stakeholders community also commended the Federal Government for this visionary investment.
The initiative embodies a practical and impactful approach to rebuilding Nigeria’s economic foundation – leveraging agriculture and manufacturing to create jobs, enhance food security, and foster sustainable growth, he added.
