By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Tuesday, 14 Jul 2026
  • HomePage
  • History
  • My Feed
  • My Interests
  • My Saves
  • Newsletter Page
Subscribe
News247 Nigeria
  • Home
  • News
    • Breaking News
    • Africa News
    • Crime News
    • Education
    • Heath News
    • Human Angle
    • Security News
    • World News
  • Healthy Living
  • Business
  • Politics
  • Analysis
  • Feature
  • Opinion
    • Editorial
    • Column
  • Lifestyle
  • Sports
  • 🔥
  • News
  • Politics News
  • National News
  • Crime News
  • Sports News
  • Business News
  • Sports News
  • Politics
  • Crime News
  • Politics News
Font ResizerAa
News247 NigeriaNews247 Nigeria
  • HomePage
  • History
  • My Feed
  • My Interests
  • My Saves
  • Newsletter Page
Search
  • Home
  • News
    • Breaking News
    • Africa News
    • Crime News
    • Education
    • Heath News
    • Human Angle
    • Security News
    • World News
  • Healthy Living
  • Business
  • Politics
  • Analysis
  • Feature
  • Opinion
    • Editorial
    • Column
  • Lifestyle
  • Sports
Have an existing account? Sign In
Follow US
© 2026 News247ng Nigeria - All Rights Reserved | Designed by AuspiceWeb
News247 Nigeria > Blog > Business News > FG Urged to Invest in Adire Industry to Build $1bn Global Trade Asset
Business News

FG Urged to Invest in Adire Industry to Build $1bn Global Trade Asset

Publisher
Last updated: July 14, 2026 7:53 am
Publisher
1 View
3 Min Read
Share
Adire
SHARE

Economic experts and cultural industry stakeholders urged the Federal Government on Friday to make strategic investments in Nigeria’s indigenous Adire textile industry, arguing that the hand-dyed fabric had the potential to become a one billion dollar global trade asset if properly supported through industrial financing, export promotion, and branding infrastructure.

The Guardian Nigeria reported the call, which gained additional momentum following President Tinubu’s approval of NYSC reforms this week making Adire the new official uniform of the National Youth Service Corps. With over 300,000 corps members deployed annually, the mandatory adoption of Adire fabric represents a guaranteed domestic market that experts said could provide the foundation for scaling up production to export volumes.

Industry Has Been Underinvested for Decades

READ ALSO:
  • Dangote Group Named Africa's Most Admired Brand for 8th Year Running
  • CBN Extends PoS Geo-Fencing Deadline as Operators Seek More Time
  • MTN Nigeria Pays N878bn in Taxes Amid Revenue Growth

Adire, produced primarily in Abeokuta, Oyo, Ibadan, and other Yoruba-speaking communities through traditional resist-dyeing techniques, has historically been undercapitalised despite its cultural significance and global commercial appeal. The industry remains largely artisanal, with most production done by individual dyers and cooperatives rather than commercially structured enterprises capable of meeting consistent large-volume orders.

A financial expert quoted by The Guardian said the combination of NYSC adoption, diaspora demand, fashion industry interest, and the growing global market for authentic African textiles created an unusually strong foundation for an investment case. He projected that with the right industrial financing, branding support, and export facilitation, Adire could realistically reach one billion dollars in annual trade value within a decade.

NYSC Change Catalyses Broader Conversation

READ ALSO:
  • Nigeria's Inflation Drops to 15.10% as Food Prices Continue to Fall
  • Dangote Shuts Two Companies, Blames Fuel Subsidy Mafia
  • Nigeria Trade Surplus Surges 341% to N7.55 Trillion in Q1 2026

However, industry observers cautioned that scaling Adire production from artisanal to industrial volumes required careful management to avoid destroying the authentic handmade quality that gave the fabric its cultural and commercial value. They called for an investment model that upgraded production capacity and market access while preserving the craft traditions that defined Adire’s identity. Furthermore, the National Coordinator of Nigeria’s fashion and textile export drive said the NYSC Adire announcement had already generated significant interest from buyers in Europe, the United States, and South Korea. Consequently, the NYSC uniform policy has inadvertently triggered a national conversation about one of Nigeria’s most commercially underexploited cultural assets.

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Telegram (Opens in new window) Telegram
  • Share on Threads (Opens in new window) Threads
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading…

Related


Discover more from News247 Nigeria

Subscribe to get the latest posts sent to your email.

TAGGED:$1 Billion Textile ExportAdire Industry NigeriaNational NewsNigerian Cultural EconomyNYSC Adire Uniform
Share This Article
Email Copy Link Print
Previous Article Merino Strikes Again as Spain Edge Belgium to Reach World Cup Semis

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

News

Tinubu Appoints Ogundipe as NUC Chair, Sets Agenda for Former

By
Editor
Business News

Soaring Ram Prices Dampen Eid Al Adha Joy Across Nigeria

By
Editor
News

Oyo and Borno School Abductions Top National Security List -FG

By
Editor
News

US Sanctions Nigerian BDC and Three Firms Over ISIS Financing

By
Editor
News247 Nigeria
Facebook Twitter Youtube Linkedin Rss

About US

News247NG is a Nigerian digital news platform delivering fast, credible and up-to-date reports on politics, business, technology, entertainment, sports and world events. Our goal is to keep readers informed 24/7 with accurate and responsible journalism.
Information Pages
  • ABOUT US
  • CONTACT US
  • TERMS OF USE
  • PRIVACY POLICY
  • COOKIE POLICY
  • DISCLAIMER
  • DMCA / COPYRIGHT
Useful Links
  • HomePage
  • History
  • My Feed
  • My Interests
  • My Saves
  • Newsletter Page

© News247ng Nigeria. AuspiceWeb Design. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d