FG And ICAC Partner To Create 1.4M Jobs In Cotton Textile Sector

The Federal Government, in collaboration with the international Cotton Advisory Committee (ICAC), has kick-started the resuscitation of Nigeria's cotton industry. The target is to create over 1.4 million jobs annually in the cotton/textile sector, while the focus is to develop key components of the cotton value chain comprising farming, weaving, ginning and linking of cotton, allin line with the industrialization drive of the President Bola Tinubu administration.

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This was the outcome of a meeting held on Tuesday between Vice President Kashim Shettima and a delegation from the ICAC led by its Executive Director, Mr Eric Trachtenberg, at the Presidential Villa, Abuja.

Speaking after remarks from the ICAC state house digital delegation and other participants at the meeting, Vice President Kashim Shettima urged stakeholders to come up with a roadmap for the revitalization of the cotton/textile sector in Nigeria, noting that “it is time to work more and talk less”.

The Vice President assured that the President Bola Tinubu administration will make conscious efforts to ensure the country harnesses opportunities in the cotton value chain, including ensuring that Nigeria regains its ICAC membership.

He thanked the delegation for the visit, just as he acknowledged ICAC's commitment to the development of the sector in Africa, noting that “your diverse backgrounds in ICAC gives a nuance understanding of the complexities and opportunities in the cotton value chain.

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