Dutch textile giants in talks with FG over multi-billion Naira investment


By Emma Ujah, Abuja Bureau Chief
Vlisco Group, the Dutch textile producers have opened talks with the federal government on its investment in the Nigerian textile industry.

The Chief Executive Officer of the Group, Mr. David Suddens, led a delegation to the Minister of Finance, Mrs. Kemi Adeosun, in Abuja, yesterday.

According to him, the investment would boost growth and jobs in Nigeria, across the entire value-chain from cotton to fashion.

He described group as major player across the sector value chain: sourcing of cotton, textile printing, wholesale, retail and e-commerce distribution, garment manufacturing and supporting and training of Nigerian fashion designers.

“Vlisco foresees an end-to-end involvement in the Nigerian textile industry from cotton sourcing to retail. We are expecting this investment to yield benefits for the Nigerian economy in terms of economic…

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