Nigerian Textile Industry In Need Of Efficiency Drive
Posted on 10. Feb, 2009 by Ross in Africa, Textiles
Nigeria’s textile industry has recently undergone a massive decline. The once-booming sector boasted over 140 firms but now that number is down to 45: only 20 of which are currently operating and even they are producing below their maximum potential. Despite issues with fake imports and transport infrastructure, the problem of energy efficiency was first out of the blocks in an interview given by industry consultant Felix Adeduro to Punch, Nigeria’s most widely-read newspaper.
“We have the problem of power situation, which has made production highly expensive beyond what the economy can absorb”, Mr Adeduro said. “We also have the problem of the capacity of the existing operators
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