CBN moves to revive textiles, bars forex access for textile imports
The CBN has also approved financial support to textile manufacturers with the provision of funds at single digits rate, to refit, retool and upgrade textile factories in order to produce high quality textile materials for the local and export market.The CBN Governor, Godwin Emefiele, disclosed this on Tuesday at a CBN meeting with textile industry stakeholders in Nigeria held in Abuja.
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