• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, July 30, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria to subsidise Adire production cost, eradicate foreign infiltration –Minister

Adire

The Matters Press by The Matters Press
November 5, 2023
Reading Time: 2 mins read
0
Nigeria focuses textile industry in diversification drive

Abeokuta, Nov. 5, 2023: The Federal Government is ready to support Adire, a locally-produced fabric, with some form of subsidy to enhance its production.

RELATED POSTS

Trump’s commendation is evidence of Tinubu’s determination to win war against terror

Obasanjo’s bribery allegation raises more questions on Atiku’s integrity – TDF

REIMAGINING FREE TRADE ZONES IN NIGERIA

The Minister of Humanitarian Affairs and Poverty Alleviation, Mrs Betta Edu, disclosed this to newsmen on Saturday during her visit to the Adire mall at Itoku in Abeokuta.

Edu who also visited the fabric’s production grounds at Asero said government would create an industrial hub across the country to further boost revenue for market women.

She therefore assured market women of government’s intention to ensure the fabric became known around the world.

”This is why there is need for government to ban the importation of foreign Adire products.

“First, you must be able to push local production to meet the demand. Local production must be enhanced at all cost to meet the demand.

“When local product is enhanced, subsided and supported by government, it will automatically eliminate whatever infiltration comes in to the market.

“We do not want to be selling fake Adire, made-in-China Adire brought into Nigeria. What we want is the local one made by our people,” the Minister said.

She pointed out that this would create jobs, build the micro and macro economy and help Nigeria to be more of a manufacturing country than an importing country.

“These are the things that are affecting the exchange rates. Government will provide that subsidy for the people.

“Since we took the subsidy off fuel, we will provide it for the Adire makers so that they can provide local Adire that will be used and exported out of the country,” Edu said.

She appreciated Gov. Dapo Abiodun of Ogun, whom she said had promised that the state would create hubs in Abuja where the original Adire would be sold.

“It is another opportunity to showcase the fabric to the world.

“Our Adire is a precious fabric all over the world, people recognise and identify with it.

“So, we can build the local production and ensure that more people make money for themselves and their families,” the Minister said.

Tags: Adire
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Fact Check on Trump’s Wall funding
Foreign

Trump’s commendation is evidence of Tinubu’s determination to win war against terror

July 29, 2026
Drop your frustration, let President Tinubu be, Group picks on Atiku
News

Obasanjo’s bribery allegation raises more questions on Atiku’s integrity – TDF

July 29, 2026
Iran invests $1.2bn in free trade zones
Economy/Technology

REIMAGINING FREE TRADE ZONES IN NIGERIA

July 28, 2026
Reduction in security breaches by 65%, an unprecedented feat in 13 Years
News

PBAT expands military structure, approves more recruitment

July 24, 2026
Swiss Bank expects profit of $50bn
Economy/Technology

Tinubu’s $3.05bn intervention initiatives, part of ongoing reforms to tackle poverty at the grassroots-Group*

July 24, 2026
Nigeria, WFP worry over food situation
Economy/Technology

Atiku goofed on President Tinubu’s growth-focused borrowings, recent spike in food inflation

July 24, 2026
Next Post
Economists Challenge IMF on call for further VAT increase in Nigeria

7 African nations set to receive $1bn from IMF

Court stops NLC, TUC from strike in Imo

Court stops NLC, TUC from strike in Imo

Recommended Stories

TCN upgrades Egbin Transmission Substation

TCN upgrades Egbin Transmission Substation

March 7, 2022
NEITI raises committee on contract transparency

NEITI seeks more women involvement in oil, gas

March 10, 2023
Egypt’s economic strides excite AfDB

AfDB calls for action to reduce world dependence on fossil fuel

April 2, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Trump’s commendation is evidence of Tinubu’s determination to win war against terror
  • Obasanjo’s bribery allegation raises more questions on Atiku’s integrity – TDF
  • REIMAGINING FREE TRADE ZONES IN NIGERIA

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
Call Us