{"id":2331,"date":"2026-06-28T12:40:52","date_gmt":"2026-06-28T09:40:52","guid":{"rendered":"https:\/\/zalebs.com\/news\/cppe-warns-nigerias-textile-import-ban-could-cost-n7tn-and-10m-jobs\/"},"modified":"2026-06-28T12:40:52","modified_gmt":"2026-06-28T09:40:52","slug":"cppe-warns-nigerias-textile-import-ban-could-cost-n7tn-and-10m-jobs","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/cppe-warns-nigerias-textile-import-ban-could-cost-n7tn-and-10m-jobs\/","title":{"rendered":"CPPE Warns Nigeria\u2019s Textile Import Ban Could Cost N7tn and 10m Jobs"},"content":{"rendered":"<p>Nigeria\u2019s textile sector is likely to suffer more from a proposed Senate-backed import ban than it would gain from any protection, the Centre for the Promotion of Private Enterprises has warned, arguing that the policy targets symptoms while leaving deeper structural issues untouched.<\/p>\n<h2>Key takeaways<\/h2>\n<ul>\n<li>The Centre for the Promotion of Private Enterprises (CPPE) says the Senate\u2019s textile import ban is more harmful than beneficial for Nigeria\u2019s economy.<\/li>\n<li>CPPE estimates the textile industry is worth about N7 trillion and supports roughly 10 million jobs.<\/li>\n<li>The group argues the sector\u2019s main problem is competitiveness, not import penetration.<\/li>\n<li>CPPE says the ban could raise production costs through supply disruptions, weakening the industry\u2019s ability to compete.<\/li>\n<li>It calls for structural reforms, including cheaper energy, better infrastructure and logistics, improved finance access, and stronger domestic cotton production.<\/li>\n<\/ul>\n<h2>CPPE challenges the rationale for the import ban<\/h2>\n<p>In a statement issued on Sunday, CPPE\u2019s chief executive director, Dr Muda Yusuf, criticised a recent Senate resolution that would impose a ban on textile imports. He said the move could undermine employment and damage the industry at a time when policymakers are aiming to revive local manufacturing.<\/p>\n<p>The Senate adopted the resolution on June 9, 2026, with the stated goal of reviving Nigeria\u2019s textile industry. The action followed the adoption of a motion introduced by Senator Sunday Katung, who represents Kaduna South, titled \u201curgent need to revive the textile industries in Nigeria with particular reference to the Kaduna-Kano Axis\u201d.<\/p>\n<p>Despite the intent to strengthen domestic production, CPPE said the ban carries a serious risk to a sector it values at around N7 trillion. The group also estimates that the textile industry employs about 10 million people, meaning any disruption could reverberate across livelihoods tied to manufacturing and related activities.<\/p>\n<h2>Underlying constraints, not imports, are the bigger issue<\/h2>\n<p>CPPE argued that the import ban approach addresses the symptoms of the sector\u2019s challenges without solving the root causes. Yusuf said the real obstacles facing Nigeria\u2019s textile industry stem mainly from structural constraints rather than from competition posed by imported goods.<\/p>\n<p>Among the factors CPPE highlighted were high energy costs, expensive credit, inadequate infrastructure, logistics bottlenecks, obsolete technology, smuggling, limited access to long-term finance, and policy inconsistency. In CPPE\u2019s view, these issues weaken productivity and raise the cost base for local producers\u2014conditions that an import restriction alone cannot fix.<\/p>\n<p>The group warned that reduced availability of inputs linked to imports could increase production costs further, eroding the sector\u2019s competitiveness. CPPE also framed the central problem as one of competitiveness rather than import penetration, suggesting that protectionist measures may not translate into sustainable industrial revival.<\/p>\n<p>For CPPE, lasting improvement would require structural reforms aimed at lowering costs and boosting output. It specifically called for steps to improve productivity, reduce manufacturing expenses, revive cotton production, expand access to affordable finance, and use government procurement to stimulate domestic demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria\u2019s textile sector is likely to suffer more from a proposed Senate-backed import ban than it would gain from any protection, the Centre for the Promotion of Private Enterprises has warned, arguing that the policy targets symptoms while leaving deeper structural issues untouched. Key takeaways The Centre for the Promotion of Private Enterprises (CPPE) says [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Nigeria Textile Import Ban: Jobs and N7tn Risk","_yoast_wpseo_metadesc":"CPPE warns Nigeria\u2019s proposed textile import ban could cost N7tn and 10m jobs, stressing protection won\u2019t fix deeper structural pr","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2331","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigeria Textile Import Ban: Jobs and N7tn Risk<\/title>\n<meta name=\"description\" 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