The Federal Government is considering an ambitious plan to modernise 50 per cent of Nigeria’s operational textile capacity with state‑of‑the‑art equipment within the next five years, as part of a broader effort to revive the nation’s textile industry under President Bola Ahmed Tinubu’s administration.

According to a December 2025 government document titled “Annex I: Recommendations for the Revitalisation of the CTG Sector,” the proposed initiative would upgrade machinery and technology across half of the country’s working textile capacity, targeting improved productivity, competitiveness, and value‑addition.

The strategy forms part of a comprehensive textile revitalisation agenda that also includes tax incentives, single-digit interest loans, enhanced skills training, and energy cost solutions for mills investing in renewable power. A proposed Textile Modernisation Fund of approximately ₦500 billion, to be managed by the Bank of Industry, is expected to provide long-term financing for the acquisition of modern equipment.

The document outlines further measures such as corporate tax holidays for new investments, import duty waivers on specialised machinery, and the establishment of a national textile training institute to build a skilled workforce for the industry.

Industry stakeholders have welcomed the proposed plans, noting that such measures could reduce Nigeria’s heavy reliance on imported textile products and help reverse rising import figures that have strained local producers.

This initiative aligns with the Tinubu administration’s broader agenda to revitalise manufacturing and strengthen local industries, supporting economic diversification, boosting domestic production, and creating employment opportunities nationwide.