Signing of Memorandum of Understanding (MoU) between Clothing 360 Organization and the Federal Ministry of Industry, Trade and Investment (FMITI) which held on 13th December 2016

Signing of Memorandum of Understanding (MoU) between Clothing 360 Organization and the Federal Ministry of Industry, Trade and Investment (FMITI) which held on 13th December 2016

On Tuesday 13th December 2016, members of Clothing 360 Organization’s Board of Trustees (BoT) and Technical Committee were at the office of the Honorable Minister of State for Industry, Trade and Investment, Hajia Aisha Abubakar, to sign a Memorandum of Understanding (MoU) with the Ministry. The purpose of the MoU is to provide a basic guidance for collaboration between both parties to organize and develop Nigeria’s Ready-Made Garment industry, and, use the industry to lead Inclusive and Sustainable Industrial Development (ISID) of the country’s Cotton, Textile and Garment (CTG) value chain.

Prior to signing the MoU, The Honorable Minister of State, Hajia Abubakar, expressed her feeling about the event, stating that it was a step in the right direction for industrializing Nigeria’s CTG value chain.

In her remark, Hajia Abubakar stated that back in July 2016, Clothing 360 made an impressive presentation to the Ministry on the Ready-Made-Garment (RMG) industry. She noted that the presentation had clear views on some of the things the Ministry had been pursuing in the implementation of the CTG policy. And the MoU Signing between the Ministry and Clothing 360 was to serve to harmonize and concretize ideas to ensure more private sector participation in the CTG value chain, particularly the RMG industry.

Hajia Abubakar stated that she was delighted to be a part of this development which is envisaged to improve the development of the RMG industry in Nigeria. She congratulated Clothing 360 for the giant stride and implored the organization to collaborate with the Ministry to stimulate growth in various interventions in the value chain. One of the interventions is the promotion of the “Made in Nigeria” Initiative, which involves an e-commerce platform, the conversion of some of the Industrial Development Centers into Garmenting Production Hubs, promotion of ready-made wears, aggressive sensitization of the African Growth Opportunity Act (AGOA), and exhibitions.

The Minister thanked Clothing 360 Organization and once again congratulated it for its efforts. Subsequently, both parties went ahead to sign the MoU. After signing the MoU, Ms. Oreofe Akinkugbe, Founder and Director of Clothing 360 Organization, spoke on behalf of the organization. Ms. Akinkugbe thanked the Honorable Minister and officials of the Ministry present at the signing of the MoU. She stated that going forward, the organization will work even harder to see that it achieves it deliverables to industrialize the CTG value chain in the country.

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