• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Senate seeks textile importation ban 

Joseph Olaoluwa by Joseph Olaoluwa
November 13, 2019
in Business News, Politics
National Assembly approves Federal Government’s plan to borrow $11 billion in 2021, Senate urges FG to diversify from crude oil to natural gas production , Senate seeks textile importation ban , Senate receives six aviation sector bills from Buhari , PenCom: Constitute a board, NASS and pension operators tell FG, Nigeria’s total debt now N33trn —Senate, Senate confirms appointment of board members for NDIC, law reform commission, Senate to confirm reappointment of Danbatta as NCC boss, Senate investigates claims of NELMCO, AEDC over govt asset, Senate Investigate Banks over customers exploitation and high fees, 2021 Budget: Senate sets motion for budget defense, commences 2020 review, #EndSARS: States affected by hoodlums should get 1% VAT - Senate, Senate approves National Emergency Medical Services Agency, State House clinic: FG has budgeted N3.5 billion for State House Clinic since 2017
Share on FacebookShare on TwitterShare on Linkedin

Following the ban placed on rice and poultry imports, the Nigerian Senate wants importation of textiles to be banned for at least five years. The Senate is hoping that with this move, there will be local production of textiles.

Senator Kabir Barkiya, a lawmaker representing Katsina Central Senatorial District moved the motion during plenary session. According to the Punch, the session was themed “Urgent need to revamp the nation’s comatose textile industry.”

The Details: The senators were of the opinion that local textile manufacturers lacked the right resources to take control of their industry. According to them, the textile industry also lacks power supply and credit facilities.

RelatedStories

Ahmed Lawan

Yobe North: Senate president loses again as Appeal Court affirms Machina as APC senatorial candidate

November 28, 2022
Despite erratic power supply, Senate introduces bill to stop use of generators in Nigeria, Senate considers petrol subsidy removal and naira devaluation,Senate considers petrol subsidy removal, naira devaluation,Nigerian Senate to review investment laws in supporting Nigeria’s capital market

2023 Budget to be passed in December – Senate

October 12, 2022

Nigerian textile industry may benefit from Afreximbank’s cotton initiative, Bangladesh calls for textile reawakening in Nigeria, Textile firms shut down operations as border closure bites hard - FSDH report 

The Katsina State Senator took the National Assembly down memory lane to the times when the textile industry could boast of 140 companies and had several employees in the sector.

He said: “The textile industry recorded an annual growth of 67 per cent and as of 1991, employed above 25% of the workers in the manufacturing sector. The textile industry was then the highest employer of labour apart from the civil service.”

The Senator noted that the industry had declined following the closure of Kaduna Textile, Kano Textile and Aba Textile industries.

Another lawmaker representing the Ondo North, Senator Robert Boroffice waded into the matter, noting that importation of textile materials negatively impacted the industry.

“The closure of our borders is an eye-opener. China closed its borders for 40 years for its industrialisation and development. I believe that the closure of our borders should be extended to allow us to put our house in order.”

However, Senate President, Ahmed Lawan refused to agree with the lawmakers, citing the importance of the Africa Continental Free Trade Agreement. He did well to warn lawmakers that Nigeria cannot just stop trading with other nations. He stressed the need for the country to embrace competition rather than cut trade ties due to the repercussions involved.


Follow us for Breaking News and Market Intelligence.
Tags: Ahmed LawanSenator Kabir BarkiyaSenator Robert BorofficeTextile imports
Joseph Olaoluwa

Joseph Olaoluwa

Reincarnated as a lover of stocks, Angel investors, seed funds, and anything aligned to tech or startups raising money, Joseph's work at Nairametrics involves following the money to wherever it leads. Before joining Nairametrics, he won an investigative journalism fellowship with ICIR, appeared in several national dallies, with hard-hitting opinions, features and investigative pieces. He has also engaged in content marketing and copywriting for a top e-commerce firm in Nigeria.

Related Posts

Ahmed Lawan
Politics

Yobe North: Senate president loses again as Appeal Court affirms Machina as APC senatorial candidate

November 28, 2022
Despite erratic power supply, Senate introduces bill to stop use of generators in Nigeria, Senate considers petrol subsidy removal and naira devaluation,Senate considers petrol subsidy removal, naira devaluation,Nigerian Senate to review investment laws in supporting Nigeria’s capital market
Business News

2023 Budget to be passed in December – Senate

October 12, 2022
Senate president loses out as court declares Machina APC senatorial candidate for Yobe North
Politics

Senate president loses out as court declares Machina APC senatorial candidate for Yobe North

September 28, 2022
Lawan congratulates Tinubu, says he is the party’s popular choice
Politics

Lawan congratulates Tinubu, says he is the party’s popular choice

June 8, 2022
Senate approves direct primaries for political parties, empowers INEC as sole authority on e-transmission of results
Budget

Debt: Ahmed Lawan says Senate is working to reduce FG’s borrowings

January 13, 2022
Adeleke confirmed as NCC Executive Commissioner by the senate, Nigeria is on the path of growth despite challenges - Senate President tells IMF
Politics

Electoral Bill: Senate says it will wait for Reps before taking a decision

December 22, 2021
Next Post
IATA raises alarm over excessive charges on Nigerian airlines, others

IATA raises alarm over excessive charges on Nigerian airlines, others

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Palmpay

first bank








DUNS

Recent News

  • Lawyer faults AON’s lifetime flight ban on passenger over crew assault, cites lack of legal authority 
  • JAMB to deny admission approvals for Nigerian tertiary institutions over missing matriculation lists
  • Tinubu reconstitutes HYPREP Governing Council, Board of Trustees, names new members 

Follow us on social media:

Recent News

Ibom Air bans passenger after post-landing attack on crew from Uyo–Lagos flight 

Lawyer faults AON’s lifetime flight ban on passenger over crew assault, cites lack of legal authority 

August 12, 2025
JAMB to deny admission approvals for Nigerian tertiary institutions over missing matriculation lists

JAMB to deny admission approvals for Nigerian tertiary institutions over missing matriculation lists

August 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics