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Finance Minister, Foreign Investor Hold Talks on Cotton Textile Industry
Dutch textile and design company, Vlisco Group on Tuesday held a high-level discussion with the Honourable Minister of Finance, Mrs. Kemi Adeosun, over its proposed investment in the Nigerian cotton textile industry.
The Chief Executive Officer of Vlisco Group, Mr. David Suddens, who led the group’s delegation to the meeting with Minister, said the investment would boost growth and jobs in Nigeria across the entire value-chain from cotton to fashion.
The Group is participating across the sector value chain from sourcing of cotton, textile printing, wholesale, retail and e-commerce distribution, garment manufacturing and supporting and training of Nigerian fashion designers.
He said, “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 diversification and job creation in line with the country’s Industrial Revolution strategy.
“Vlisco Group’s activities are expected to generate more than 10,000 jobs in Nigeria in the medium term. We also envisage a Vlisco printing factory in Nigeria using Nigerian designs for the Nigerian consumer, retail outlets selling Vlisco products and trained tailors sewing Vlisco fabric into garmet.”
Suddens further noted that the group had formed partnership with two spinning and weaving companies based in China and Pakistan in order to help build the Nigerian cotton textile industry.
“The two partners are very serious industrialists with first-class operations in their own countries. Both are prepared to move quickly if Vlisco guarantees the purchase of their output, and if agreement can be reached on the details of the Nigerian operation,” he added.
The two partners, according to him, are expected to start operations with a weaving mill of between 120 and 140 looms, with each mill producing approximately 12 to 15 million metres of cotton fabric annually.
“Once success is established, both partners will integrate backwards into spinning. The first spinning mills will be for 25,000 spindles, producing yarn for approximately 20 million metres of fabric.
“These mills will then be doubled in size to 50,000 spindles and the weaving mills will also be doubled to 240-280 looms for each factory,” the foreign investor explained.
The Minister of Finance, Mrs. Kemi Adeosun, who expressed delight at Vlisco’s proposed investment in the cotton textile industry, said the Federal Government was committed to the revitalization of the cotton textile industry.
She disclosed that the Government would stimulate and support sustainable value addition along the entire cotton, textile and garment sub-sector in order to create jobs and wealth for Nigerians and enable technology transfer.
She urged the investor to take advantage of the Nigerian Government’s incentives for the cotton, textile and garment sub-sector to expand its brand portfolio in Nigeria.
The Vlisco Group designs, produces and distributes fashion fabrics for the West and Central African market and African consumers in global metropolitan cities.
Founded in Helmond, the Netherlands, in 1846, the Vlisco Group and their fabrics have grown into an essential part of African culture, receiving widespread attention from the art, design and fashion worlds.
Vlisco Group’s brand portfolio consists of 4 brands: Vlisco, Woodin, Uniwax and GTP.
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CRG: Politicians Must Stop Witch-Hunting, Focus on Nation Building — Says NYSC Cleared Deputy Speaker Since 2023
CRG: Politicians Must Stop Witch-Hunting, Focus on Nation Building — Says NYSC Cleared Deputy Speaker Since 2023
By: Boye Ola
The Centre for Responsible Governance (CRG) has called on political actors and interest groups to desist from what it described as needless witch-hunting of the Deputy Speaker of the House of Representatives, Benjamin Okezie Kalu, following renewed controversies surrounding his National Youth Service Corps records.
The organisation noted that the clarification by the National Youth Service Corps (NYSC) regarding the matter is not a recent development, as a formal verification letter had already been issued as far back as May 23, 2023.
The letter, referenced NYSC/CCD/VER/10/5.1/VOL1/02, had already addressed and cleared the questions surrounding the Deputy Speaker’s NYSC records.
Reacting to the renewed debate, the spokesman of the Centre,
Obande George, said it was troubling that issues which had already been clarified by a competent national institution were being resurrected for political purposes.
According to him, the time has come for political actors to move away from destructive engagements and concentrate on building the nation.
“It is important to note that the NYSC had already issued a verification letter dated May 23, 2023 addressing the matter.
Reopening issues that have already been clarified by a competent authority suggests that some individuals are more interested in political witch-hunting than in national progress,” George said.
The CRG stressed that democracy thrives when institutions are respected and their determinations are accepted in good faith rather than constantly questioned for political advantage.
George also commended the Deputy Speaker for demonstrating maturity and composure throughout the controversy, despite what he described as sustained provocations.
“Honourable Benjamin Kalu has shown remarkable calm and maturity in the face of intense public scrutiny and political provocation.
Instead of engaging in unnecessary public confrontation, he allowed institutions to speak through their records.”
The Centre warned that Nigeria’s political culture must evolve beyond constant character attacks and sensational allegations, which often distract public officials from their responsibilities.
According to the organisation, the country’s development requires constructive engagement among political actors rather than continuous attempts to discredit opponents.
“Nigeria cannot move forward if political energy is constantly spent on digging up allegations and amplifying rumours. Our leaders and political actors must redirect their focus to governance, policy and nation building.”
CRG therefore urged Nigerians to rely on verified information from credible institutions and avoid spreading speculative claims that could damage reputations or destabilise public discourse.
The organisation reiterated that respect for due process and institutional integrity remains essential for strengthening Nigeria’s democracy.
@The Centre for Responsible Governance, Email: [email protected], Instagram: crgngo6, Twitter: crgng06, Threads: crgngo6
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IWD 2026: Ajadi Celebrates Women, Urges Them To Seek More Elective Positions In Future Elections
IWD 2026: Ajadi Celebrates Women, Urges Them To Seek More Elective Positions In Future Elections
A Leading People’s Democratic Party, (PDP) Governorship Aspirant in Oyo State, Ambassador Olufemi Ajadi Oguntoyinbo has felicitates with women in the country on the occasion of this year’s International Women’s Day.
The international Women’s Day is celebrated on 8 March, commemorating women’s fight for equality and liberation along with the women right’s movement. It gives focus to issues such as gender equality and reproductive rights. International Women’s Day originated from labour movements in Europe and North America during the early 20th century.
In a statement issued on Sunday to commemorate this year’s edition of the International Women’s Day, Ajadi said the role of the women in nation building cannot be over emphasised.
He recalled the role played by prominent Nigerian women like Mrs Funmilayo Ransome- Kuti, Margaret Ekpo and Wuraola Esan towards the liberalization and the growth of the country and urges women to follow their footsteps by not only participate in the political process but seek more elective positions.
He urges the political leaders to encourage and give more chances to women for them to contest and occupy elective positions in the country.
Ajadi also called for more respect for women, saying they are definitely behind whatever success recorded by the menfolk.
He said domestic violence against women should be stopped, saying they deserves respect for their role in moulding the future leaders.
According to the statement, “I celebrate and congratulate our women on this year’s occasion of International Women’s Day. We cannot underestimate the role played by our women both at home, in the social circle and in politics. They deserve more respect.
“I equally called on them not only to be a passive participants in politics but to determine to seek more elected positions in future elections. They should aspire more from the position of dancing and singing at campaigns to seek more elective positions. The ratio of men to women in elective positions in the country is embarrassing. Women should stand up and fight for more elective positions.
“I also use the occasion of this year’s Women’s Day to appeal to Nigerians to stop domestic violence against the women. If we treat our women well, our country will witness unprecedented developments”.
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International Women’s Day 2026: Adron Homes Champions Women’s Leadership and Inclusive Growth
International Women’s Day 2026: Adron Homes Champions Women’s Leadership and Inclusive Growth
As the world marks International Women’s Day 2026, Adron Homes and Properties has reaffirmed its commitment to empowering women with meaningful opportunities to serve, lead, and shape the future of Nigeria’s real estate landscape.
Observed globally on March 8, this year’s theme, “Give To Gain,” calls for intentional investment in women through access to resources, education, mentorship, and leadership platforms. The message is clear: when women are empowered, organizations prosper, communities flourish, and nations grow stronger.
In line with this vision, Adron Homes highlighted its people-first culture, which promotes gender inclusion at all operational levels. From executive management and regional administration to marketing leadership, client experience, and field operations, women continue to play strategic roles in driving the company’s growth and service excellence.
According to the company, creating pathways for women to lead is not just a policy direction but a proven strategy that fuels innovation, strengthens decision-making, and deepens stakeholder trust.
Adron Homes also highlighted its internal capacity-building initiatives designed to equip female professionals with the skills and confidence needed for greater responsibility. Through structured mentorship, leadership exposure, and performance-based advancement systems, the organization continues to raise a new generation of women leaders within the property sector.
Delivering a message to commemorate the day, the Executive Vice Chairman, Olori Aderonke Emmanuelking, emphasized the company’s enduring commitment to inclusive progress:
“The theme ‘Give To Gain’ speaks to a principle we strongly believe in at Adron Homes, empowering women is an investment with lasting returns. When women are supported to lead and succeed, the impact goes beyond the workplace; it transforms families, industries, and society at large. We remain committed to building systems that help women rise and thrive.”
The company noted that its celebration of International Women’s Day reflects a broader mission, developing not only thriving residential communities but also a workplace culture where talent is recognized without bias and leadership opportunities are accessible to all.
As Adron Homes continues its expansion drive, it remains steadfast in fostering an environment where women are encouraged to contribute meaningfully, lead confidently, and grow sustainably.
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