Economy

FG backs Abuja garment factory to curb imports

Africa / Nigeria0 views1 min
FG backs Abuja garment factory to curb imports

The Federal Government of Nigeria has backed a new garment factory in Abuja, describing it as a step towards reducing the country's reliance on imported clothing. The factory, an investment by Nigerian fashion house Mo'Afrique, is expected to leverage opportunities under the African Continental Free Trade Area.

The Federal Government has thrown its weight behind a newly commissioned garment factory in Abuja. The Modish Garment Factory is an investment by Nigerian fashion house Mo'Afrique. Minister of Industry, Trade, and Investment Olajumoke Oduwole commissioned the facility, commending Mo'Afrique's Founder and Creative Director Omobolanle Olawole for her commitment to investing in Nigeria's textile and garment industry. The government expects the factory to expand beyond Nigeria's borders using the African Continental Free Trade Area. Nigeria spends approximately $6bn annually on imported clothing, with over 90% of popular fabrics like Ankara imported. The new factory reflects the administration's broader agenda of promoting industrial growth through private sector investment.

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