• Home
  • About Us
  • Contact Us
Saturday, January 10, 2026
  • Home
  • News
  • Politics
  • Fanfare
  • Culture
  • Education
  • Entertainment
  • Health
  • Travel and Tourism
  • More
    • Editorial
    • Business
    • Crime and Security
    • Opinion
    • Sports
No Result
View All Result
  • Home
  • News
  • Politics
  • Fanfare
  • Culture
  • Education
  • Entertainment
  • Health
  • Travel and Tourism
  • More
    • Editorial
    • Business
    • Crime and Security
    • Opinion
    • Sports
No Result
View All Result
No Result
View All Result

Nigeria loses $3bn annually to imported ankara fabrics — Minister

Peter Olajide by Peter Olajide
October 21, 2024
in News
0
Nigeria loses $3bn annually to imported ankara fabrics — Minister
3.3k
VIEWS

You might also like

2026: Expect More Commitment, Effective Representation — Agboworin Reassures Constituents

Engr. Toheeb Adegoke: A New Dawn of Purposeful Leadership for Akinyele/Lagelu* 

January 10, 2026
2026: Expect More Commitment, Effective Representation — Agboworin Reassures Constituents

2026: Expect More Commitment, Effective Representation — Agboworin Reassures Constituents

January 10, 2026

...To get all news updates, Join our WhatsApp Group (Click Here)

•Stresses need to empower local textile ecosystem

Minister of Art, Culture, and Creative Economy, Hannatu Musawa, has said that Nigeria loses $3 billion annually to foreign manufacturers of ankara, a popular wax print in West and Central Africa.

Musawa stated this in Algiers, last week, at the Creative Africa Nexus Weekend (CANEX WKND) 2024.

How my Husband died during our fight over another woman he impregnated – Beatrice, ex-convict0:01 / 1:07

The minister’s Special Adviser on Media and Publicity, Nneka Anibeze, in a statement said that Musawa stressed the need to empower Africa’s fashion and textile ecosystem, Musawa said fabrics such as adire, kente, bogolan, and ankara embody Africa’s pride, history, and identity.

Musawa stated: “Despite this heritage, it is deeply ironic that many of the fabrics we cherish, such as ankara, are predominantly produced outside Africa.

“Nearly 90 percent of the ankara consumed on our continent is imported, leading to an annual loss of approximately $3 billion to foreign manufacturers. We must change this.

“We must reclaim our fashion narrative by strengthening local production capacities and ensuring that the benefits of this vibrant industry remain within our borders.”

Also Read:  What Does It Take to Reimagine a City? Jubril Dotun Sanusi Knows by Segun Kehinde

She said Africa’s fashion industry is projected to grow to $15.5 billion by 2025, and called for actions to address structural challenges hindering local production.

“Fashion is far more than a form of expression. It is an economic powerhouse. The global fashion industry is valued at approximately $2.5 trillion. In Nigeria alone, the fashion industry contributes approximately $6.1 billion to GDP, while South Africa’s textile sector employs over 140,000 people, demonstrating the sector’s capacity for job creation.

“Investments in fashion will create millions of jobs, particularly for women and youth. By expanding local production, we will not only add value within our borders but also position Africa as a global hub for fashion,” she stated.

Musawa said the ministry is working to establish manufacturing hubs and craftsmanship training programmes under the design nexus and destination 2030 initiative across Africa.

She added that the initiative aims to position Nigeria’s arts, culture, and creative economy at the forefront.


You can get every of our news as soon as they drop on WhatsApp ...To get all news updates, Join our WhatsApp Group (Click Here)
Previous Post

Breaking News:Nigerian Immigration Service Arrests Controversial Celebrity Bobrisky at Seme Border

Next Post

GOVERNOR SEYI MAKINDE: REVIVING TECHNICAL EDUCATION IN OYO STATE FOR A PROSPEROUS FUTURE By Omoniyi Afeez (Oxygen), A Member of GSM Advocates

Peter Olajide

Peter Olajide

Related Stories

2026: Expect More Commitment, Effective Representation — Agboworin Reassures Constituents

Engr. Toheeb Adegoke: A New Dawn of Purposeful Leadership for Akinyele/Lagelu* 

by Peter Olajide
January 10, 2026
0

  In this defining chapter of our great party, the People’s Democratic Party (PDP), what we seek are not just...

2026: Expect More Commitment, Effective Representation — Agboworin Reassures Constituents

2026: Expect More Commitment, Effective Representation — Agboworin Reassures Constituents

by Peter Olajide
January 10, 2026
0

  As the new year unfolds, the member representing Ibadan North East/South East Federal Constituency, Rep. Abass Adigun (Agboworin), has...

*Ibadan North East LG Chairman Empowers Residents with Adire Skills Training*

*Ibadan North East LG Chairman Empowers Residents with Adire Skills Training*

by Peter Olajide
January 10, 2026
0

  The Executive Chairman of Ibadan North East Local Government, Hon. Ibrahim Akintayo, has organized a comprehensive Adire skill acquisition...

IBSWLG Chairman, Akande Inspects Ongoing Omitituntun Skill Centre in Akuro

IBSWLG Chairman, Akande Inspects Ongoing Omitituntun Skill Centre in Akuro

by Peter Olajide
January 8, 2026
0

  Honourable Kehinde Akande, Chairman of Ibadan South West Local Government, recently inspected the Omitituntun Acquisition Skill Centre at Akuro....

Next Post
GOVERNOR SEYI MAKINDE: REVIVING TECHNICAL EDUCATION IN OYO STATE FOR A PROSPEROUS FUTURE  By Omoniyi Afeez (Oxygen), A Member of GSM Advocates

GOVERNOR SEYI MAKINDE: REVIVING TECHNICAL EDUCATION IN OYO STATE FOR A PROSPEROUS FUTURE By Omoniyi Afeez (Oxygen), A Member of GSM Advocates

Recommended

YULETIDE SOLIDARITY: Asiwaju Oladimeji Olatilewa Spreads Hope with Rice, Cash Gifts Across Ido LG

YULETIDE SOLIDARITY: Asiwaju Oladimeji Olatilewa Spreads Hope with Rice, Cash Gifts Across Ido LG

December 24, 2025
Ibadan South East LCDA Political Head, Hon. Teslim Ogundeji, Sympathizes with Dr. Yinka Ayefele Over Fresh FM Fire Incident

Ibadan South East LCDA Political Head, Hon. Teslim Ogundeji, Sympathizes with Dr. Yinka Ayefele Over Fresh FM Fire Incident

August 19, 2025

Popular Story

  • Breaking: Ibadan North Rep Member, Akinremi Dies

    Breaking: Ibadan North Rep Member, Akinremi Dies

    1072 shares
    Share 429 Tweet 268
  • Oyo Ad-hoc Staff Appeal to Governor Makinde

    968 shares
    Share 387 Tweet 242
  • Jubilation As Makinde Pays December Salaries Early

    892 shares
    Share 357 Tweet 223
  • Breaking: Ex Oyo Lawmaker, Hon Babatunde Eesuola is dead.

    880 shares
    Share 352 Tweet 220
  • Breaking : Two Years After Becoming Olubadan, Oba Balogun Joins Ancestors At 82

    868 shares
    Share 347 Tweet 217

Stay up-to-date with the latest happenings in Oyo State! From breaking news to in-depth updates on local events, our blog covers it all. Visit us regularly to stay informed about everything that matters in your community

  • Home
  • About Us
  • Contact Us

© 2024 Naija24hrs - Website Designed by Samtech Media (+2348103682435)

No Result
View All Result
  • Home
  • News
  • Politics
  • Fanfare
  • Culture
  • Education
  • Entertainment
  • Health
  • Travel and Tourism
  • Editorial
  • Crime and Security
  • Business
  • Opinion
  • Sports

© 2024 Naija24hrs - Website Designed by Samtech Media (+2348103682435)

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?