The Nigeria Government has introduced a new National Cotton, Textile and Garment (CTG) Policy aimed at revitalizing and boosting the development and growth of the country’s cotton, textile and garment industry. According to the new policy, raw cotton production in the country is expected to be increased from 200,000 tonnes in 2003 to 500,000 tonnes by the end of 2015. Olusegun Aganga, Minister of Industry, Trade and Investment said that the policy is a product of prolonged and comprehensive consultations with all stakeholders in the industry, and it has set a target of achieving US $ 3 billion annually from textile exports. He further added that the CTG policy would improve the quality, quantity, production capacity, marketing and competitiveness of the players across the entire value chain, while controlling the influx of sub-standard textiles and apparel into Nigeria.
