Senator Walid Jibrin, a former Chairman of the Textile Manufacturers Association of Nigeria, has said 155 Nigerian textile companies collapsed in a few years.
Jibrin, the former Board of Trustee Chairman of the Peoples Democratic Party, disclosed this recently in Kaduna.
According to him, only 20 textile companies operate in Nigeria from 175 a few years back.
He blamed epileptic power supply, lack of water, and insecurity for the industry’s collapse.
“Unfortunately, the story is different today as the sector is a mirage with a lot of challenges that led to its gradual collapse”, he said.
Nonetheless, he maintained that he hoped the textiles would bounce back.