The textile industry was one of the booming sub-sectors of the Nigerian economy in the post independence years.
Driven by locally grown cotton and with a huge demand for clothing by a fast growing population, it provided direct and indirect employment to hundreds of thousands of Nigerians for several decades.
Between 1985 and 1991, Nigeria’s textile industry recorded an annual growth of 67 per cent. In that period textile companies numbered around 180, employing about a million people, and accounting for over 60 per cent of the textile industry capacity in West Africa.
The story, however, changed in the early nineties when the sector took a massive dive. From about 180 thriving textile companies, the number came down to almost zero.
Over the years, there has been a steady decline in the operations of textile firms and then an eventual collapse of the industry, which has led to a loss of jobs, dearth of skilled manpower, low capacity utilization and drop in revenue due to lack of excise duties.
The dip in the fortunes of the industry was due to the influx of cheap textiles and fabrics into the country from all over the world and mainly from China.
Now the country is trying to attract the necessary investments into cotton farming and textile manufacturing and so become a major producer and exporter of textiles in the world.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
US apparel imports drop 13.5% as Vietnam gains and China’s grip breaks
The US apparel sourcing market has entered 2026 with a sharp demand decline but an equally important shift in supplier... Read more
H&M finds growth below revenue line as margin discipline pays off
H&M Group’s latest quarter signals a decisive shift in global fast fashion: scale is no longer the primary reason for... Read more
As Europe cuts orders, India sees a rare export window post-FTA
The sharp dip in EU apparel imports is not, at first glance, the kind of headline exporters celebrate. January’s 15.48... Read more
The Death of the "Stockpile" Model: Inside the Digital Textile disrupt…
For decades, the global textile industry has been a game of high-stakes gambling: manufacture thousands of identical garments, ship them... Read more
Fuel crisis, rising costs the geopolitical shockwave hitting Indian textiles
The hum of textile machinery in Panipat has gone dead. Over 400 dyeing units have put their shutters, not because... Read more
Price wars, fast fashion, diamond money leads to Surat’s industrial shake-up
The sound of Surat’s diamond polishing wheels, once the city’s heartbeat, is fading. In its place, the relentless pulse of... Read more
India’s textile market nears Rs 15 lakh cr as domestic demand rewrites growth
India’s textile and apparel economy is no longer being driven merely by population growth or festive consumption cycles. It is... Read more
China Discounts, Bangladesh Bleeds: Inside Europe’s new apparel sourcing crisis
Europe’s fashion imports opened 2026 with a hard jolt. Fresh Eurostat-linked trade data for January shows the European Union’s apparel... Read more
Geopolitical volatility triggers sharp decline in global textile confidence: Sur…
The global textile industry is grappling with a sudden and severe downturn in sentiment as regional conflicts disrupt essential trade... Read more
India’s legacy buying houses confront existential challenge as FTAs reshape supp…
The Indian apparel sourcing is being reshaped with a a series of new Free Trade Agreements (FTAs). It is changing... Read more












