In a bid to alleviate poverty and reduce the sufferings of the teeming Nigerian youths, President Muhammadu Buhari, today promised to bring back the Nigeria’s cotton and textile industry. According to him, the industry will employ hundreds and thousands of Nigerians and therefore aide in the reduction of unemployment challenges the country is currently facing.
Receiving the CEO of Vlisco Group, David Suddens, at the Presidential Villa today, President Buhari welcomed the proposed investment of two hundred million dollars by the company in Nigeria’s textile industry, which will, in turn, create seven hundred thousand jobs.
President Buhari said to get cotton to grow again in the country is like going back to the good old days when the textile industry used to employ more than hundreds of thousands of people.
In his remarks, Suddens told the President that the one hundred and seventy-two-year-old company plans to use cotton grown in Nigeria for production of textile. The Vlisco Group designs, produces and distributes fashion fabrics, especially of the African wax print style.