Articles | Open Access | https://doi.org/10.37547/philological-crjps-04-02-03

FINANCING OPTIONS FOR THE NIGERIAN COTTON INDUSTRY

Dr Umar Mohammed Ali , City University Cambodia Africa Campus, Cambodia

Abstract

Nigeria produces a wide range of agricultural commodities, which could serve as raw material for industrial production in Europe. Asia and Latin America. Top on the list of the agricultural commodities produced in Nigeria are Cocoa, cotton, Accha, Soya beans, Sorghum, Maize, Cassava, Gum Arabic, Ginger, Sesame Seeds, Sheanuts, Cashew Nuts and Cowpea.

White tree crops such as cocoa and cashew nuts are produced in the southern part of the country, cereal crops such as cowpea, Soya  beans, Sorghum, Maize, Sesame Seeds, Ginger, Gum Arabic, Shea Nuts and cotton (which is the focus of this seminar) are produced in the savannah belt in Nigerian.

With the federal government’s current initiatives aimed at increasing output in the agricultural sector, additional volumes of agricultural produce are available for domestic and industrial uses as well as external trade.

Keywords

Financing, , Industry, Option

References

National seed service, A paper presented at the national cotton forum held ad hamdala hotel, Kaduna, March 18-19-2005

Federal ministry of agriculture and rural development, A paper present ed at the national cotton forum held at the hamdala Hotel, Kaduna, March 18-19-, 2005

International cotton advisory committee, world cotton review, 2004

International cotton advisory committee, world cotton review, 2006

Central bank on Nigeria. Annual report and statement of account, 2006

Gherzi consultants, A report of a nationwide study of the Nigeria textile industry, 2003

Gherzi consultants, A paper presented at the second experts meeting of the action committee on raw materials of the G-77, held at the transcorp Hilton hotel, Abuja, March 23-24, 2006.

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How to Cite

Dr Umar Mohammed Ali. (2023). FINANCING OPTIONS FOR THE NIGERIAN COTTON INDUSTRY. Current Research Journal of Philological Sciences, 4(02), 12–18. https://doi.org/10.37547/philological-crjps-04-02-03