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Emefiele: Revival of Cotton, Textile Industries Critical for Economic Recovery

Emefiele: Revival of Cotton, Textile Industries Critical for Economic Recovery
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Abuja Federal Capital Territory , Mansur Ahmed , Edward Adamu , Chika Nwanja , Ayila Yusuf , Anibe Achimugu , James Emejo , Godwin Emefiele , Borrower Programme , National Cotton Association Of Nigeria , Development Finance Department , Governor Of The Central Bank , Corporate Services Directorate , Manufacturers Association Of Nigeria , Central Bank , Retail Contact , National Cotton Association , Anchor Borrower , Manufacturers Association , கூட்டாட்சியின் மூலதனம் பிரதேசம் , எட்வர்ட் அதாமு , தேசிய பருத்தி சங்கம் ஆஃப் நைஜீரியா , வளர்ச்சி நிதி துறை , கவர்னர் ஆஃப் தி மைய வங்கி , பெருநிறுவன சேவைகள் இயக்குநரகம் , உற்பத்தியாளர்கள் சங்கம் ஆஃப் நைஜீரியா ,

Economic diversification: CBN parleys with stakeholders on revamping


By Kadiri Abdulrahman
Abuja, June 1, 2021 The Central Bank of Nigeria (CBN) on Tuesday engaged Stakeholders in the Cotton, Garment and Textile (CTG) industry on how to revamp the industry towards economic diversification and sustainable growth.
The stakeholders, representing different associations within the industry,
commended the apex bank for its support and commitment towards growing the sector.
The meeting was called to appraise past efforts towards revamping the industry and to chart a way forward.
Mr Godwin Emefiele, the CBN Governor, said that the CTG industry is integral to Federal Government’s plans for economic diversification and job creation.
In a speech delivered on his behalf by Lamtek Adamu, Deputy Governor in charge of Corporate Services, Emefiele said that the CBN is committed to offering the required support to return the textile and garment industry to its old glory. ....

Abuja Federal Capital Territory , Kadiri Abdulrahman , Ayila Yusuf , Anibe Achibogu , Chika Nwaja , Lamtek Adamu , Godwin Emefiele , Corporate Services , Ginneries Association Of Nigeria , Central Bank , National Cotton Association Of Nigeria , Development Financing , Garment Manufacturers Association , Manufacturers Association Of Nigeria , Federal Government , Deputy Governor , National Cotton Association , Ginneries Association , Manufacturers Association , Garment Manufacturers , கூட்டாட்சியின் மூலதனம் பிரதேசம் , கதிரி அப்துல்ரஹ்மான் , பெருநிறுவன சேவைகள் , மைய வங்கி , தேசிய பருத்தி சங்கம் ஆஃப் நைஜீரியா , வளர்ச்சி நிதி ,

Somefun: Unity Bank Committed to Nigeria's Self-sufficiency in Rice


Over 642,860 smallholder farmers across 35 states of the federation have received support from Unity Bank Plc under the CBN’s Anchor Borrower’s Programme, ABP to boost food production and attain self-sufficiency in rice production in Nigeria.
Giving the assessment at the flag-off of the 2020 wet season harvest aggregation in Kebbi State, recently, the Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs. Tomi Somefun, reassured the rice farmers of the commitment of the bank to providing necessary support to rice farmers in Nigeria.
While delivering a goodwill message, Somefun went down memory lane stating that the berthing of the bank was closely linked to the critical role it played in agric financing, adding that, “Unity Bank remains fully committed to its partnership with the Rice Farmers Association of Nigeria, RIFAN and its programmes.” ....

Sokoto State , Nigeria General , Kebbi State , Muhammadu Buhari , Tomi Somefun , Borrower Programme , Rice Farmers Association Of Nigeria , Central Bank , Unity Bank , National Cotton Association Of Nigeria , Unity Bank Plc , Maize Association Of Nigeria , Chief Executive Officer , Rice Farmers Association , President Muhammadu Buhari , Maize Association , National Cotton Association , நைஜீரியா ஜநரல் , கேப்பி நிலை , அரிசி விவசாயிகள் சங்கம் ஆஃப் நைஜீரியா , மைய வங்கி , ஒற்றுமை வங்கி , தேசிய பருத்தி சங்கம் ஆஃப் நைஜீரியா , ஒற்றுமை வங்கி ப்ல் , சோளம் சங்கம் ஆஃப் நைஜீரியா , தலைமை நிர்வாகி அதிகாரி ,

Cotton farmers' association begins recovery of CBN loan


He said the intervention by was to enable the farmers embark on massive cotton production, in an effort to boost Cotton, Textile and Garment (CTG) industries in the country.
He further said the farmers were expected to provide 136, 000 metric tons of cotton for the 2020 wet season based on 1.5 metric tons per hectare for onward delivery to the CBN.
The president said through the ABP, CTG industries in the country where revived and had started generating employment for the teeming unemployed youths.
The National Vice President of NACOTAN, Alhaji Musa Yahaya, said 28,000 farmers in the North East were expected to produce 1,000 tons of cotton each at the end of the farming season. ....

Nigeria General , Anibe Achimugu , Alhaji Musa Yahaya , National Vice , Borrower Programme , Central Bank , National Cotton Association Of Nigeria , National Cotton Association , North East , Anchor Borrower Programme , National Vice President , நைஜீரியா ஜநரல் , தேசிய துணை , மைய வங்கி , தேசிய பருத்தி சங்கம் ஆஃப் நைஜீரியா , தேசிய பருத்தி சங்கம் , வடக்கு கிழக்கு , தேசிய துணை ப்ரெஸிடெஂட் ,