Nigerian Investment Promotion Commission, NIPC has promised to work in close collaboration with National Cotton, Textile and Garment, CTG Policy Committee in order to promote Made- in-Nigeria products and encourage the resuscitation of textiles industries in the country.
Executive Secretary of the Commission, Mrs. Uju Aisha Hassan Baba, who met with the sub-committee on Communication and Local Patronage of CTG at the weekend in Abuja, said, “NIPC is not only promoting Foreign Direct Investment, FDI, but also encouraging Local Direct Investment, LDI, as they contribute so much to the growth of the economy.”
She maintained that the commission would collaborate with the committee to realise most of its initiatives to encourage and promote indigenous products as that will spur the creation of wealth and generate employment to Nigerian youths.
“NIPC is aware that there are wealthy Nigerians that if they are encouraged and guided properly they will invest in their home economy rather than keeping their money outside the country,” a statement by the commission’s Assistant Director/Head, Media & Protocol, Mr. Joel Attah, quoted her as saying.
Hassan-Baba added that the commission will strive in its marketing drive to seek for investors that will partner with Nigerian investors to resuscitate the ailing textiles industries in the country.
The NIPC boss disclosed that the commission is already collaborating with the state governors to promote agriculture in their various states in order to grow products like cotton that is the main raw materials for textiles and garments products.
According to her, “NIPC has put in many strategies in place to realise its mandate of attracting and promoting investments into the economy.”
Earlier, chairman of the Sub-Committee on Communication and Local Patronage of CTG and made-in-Nigeria products, Mr. William Iheanacho Otabil, stated that the CTG policy of the federal government which was inaugurated in December 2014 was envisioned to create a competitive cotton, textile and garment sub-sector capable of stimulating and supporting sustainable value addition along the entire CTG value chain.
He announced that as part of their initiative to propagate made-in-Nigeria products, they have concluded arrangements to hold “Buy-Naija Dress Day; Buy-Naija military and paramilitary patronage and buy-Naija schools patronage, all aimed at patronising Nigerian textile materials.

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