Fashion Industry in Nigeria Can Create about 5 million Jobs

Videos
October 25, 2018

At a press conference in Abuja on Wednesday 7th November 2018, the Director General of Small and Medium Enterprises Development Agency of Nigeria SMEDAN, Dr Dikko Umaru Radda said that the fashion industry in Nigeria can create a combined five million jobs.

“As you are aware, fashion and apparel manufacturing industries are companies that employ a lot of people in the country and have the potential of giving out direct jobs of about two million, and three million indirect jobs. So this is an industry that we should be serious about and see how we can develop it,” he stated.

Radda further said the essence of the National Policy Dialogue on the Fashion Industry is to gather all the stakeholders in the fashion industry so they can look at the problems confronting the industry and thereby formulate  measures that will help the growth of the sector.

The CEO of Makulu Clothing Brand,  Mr John Oke, who is partnering with SMEDAN on the dialogue, said Nigeria is yet to tap into the benefits in the $16 billion industry. He said the fashion policy dialogue is set to develop strategies and methodologies for formalising and supporting the over 500,000 tailors and artisans practicing in the industry for growth.

He added that the dialogue will set off a collection of integrated activities that will culminate in Nigeria taking its rightful place in the global fashion industry which is currently valued at 1.3 trillion US dollars and contributes 2% of the world’s Gross Domestic Product (GDP).

Culled from Daily Trust Newspaper

 

Leave a Reply

Your email address will not be published. Required fields are marked *