News
Nigeria Loses $3 Billion Annually to Foreign Ankara Producers, Says Minister Musawa
Hannatu Musawa, Nigeria’s Minister of Art, Culture, and Creative Economy, has revealed that the country loses around $3 billion annually to foreign manufacturers of ankara, a popular wax print.
Speaking at the Creative Africa Nexus Weekend 2024 in Algiers, Musawa highlighted the urgent need to boost local production of fabrics like ankara to preserve Africa’s heritage and reduce reliance on imports.
She emphasized that nearly 90% of ankara consumed in Africa is imported, and called for strengthening local textile industries to reclaim the continent’s fashion narrative.
Musawa also stressed the economic potential of the fashion sector, projecting its growth to $15.5 billion by 2025, and outlined government initiatives to support the industry.
Nigerians reacts to President Tinubu trip to UK and lament that the timing is just bad. The timing of the trip and the arising crises occurring in the country.
It can be noted that the President, his wife and some other officials followed him on the trip.
And the public has shouted that we need the officials here in the country in the crises, asking who will help to manage the state of things as they are all going at once.
People shared their displeasure with a large crowd following the president to another country and leaving Nigeria in this state.
Federal Government in Nigeria has declared March 19th and 20th as public holidays for the end of Ramadan.
This was revealed by the Minister of Interior, Olubunmi Tunji-Ojo. He made this announcement on behalf of the Federal Government.
He wished Muslims a joyful Eid al-Fitr celebration.
It has been reported that President Bola Ahmed Tinubu has departed to London.
The Nigerian leader is travelling ahead of a state visit to the United Kingdom. The purpose of this visit is to strengthen bilateral relations and explore avenues for collaboration on issues such as immigration, trade, investment, and cultural exchange.
Amid this travel, the fuel prices still remain increased and many of the public are still there.
Nigerians react to the news, stating that he is leaving Nigerians once again to suffer with the current state of things before he returns.
They are calling out for him to do something and change about the fuel.
Bisola Aiyeola Opens Up on Pregnancy Discovery and Motherhood Journey
Gospel Singer Judikay Celebrates Birth of Second Child With Husband
