Bangladesh’s $33bn fabrics industry holds lessons for Nigeria’s textile dreams

Bangladesh fabrics industry

Nigeria’s total non-oil export earnings from more than 25 commodities in 2018 was $3.3 billion (N1.19 trillion), according to the National Bureau of Statistics (NBS), but Bangladesh, once among the poorest countries on earth, earned almost 10 times as much ($33bn) from exporting one product – textiles. Bangladesh has 5,000 garment factories, employing about 20…

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