Recently, the Central Bank of Nigeria (CBN) held a meeting with representatives of textile and apparel companies to discuss the problems faced by textile companies in their operations and what the CBN can do for them.
Bank director Godwin Emefiele said that textile and clothing companies play an important role in promoting employment and improving economic levels. The bank will launch more financial services for textile companies, because helping textile companies is helping the Nigerian economy.
He also said that he would solve the problem of loan difficulties for small and medium-sized textile enterprises, and would ensure that even the smallest enterprises can obtain bank loans, so that enterprises have sufficient working capital, and the problem of being temporarily unable to recover payment will be lifted. , the worry of having to park. The Central Bank of Nigeria will support textile and apparel companies
