The Role of Globalization in the Collapse of Nigerian Industries: A Study of Textile Industry in Kano 1986-2007
Abstract
This paper” The Role of Globalization in the Collapse of Nigerian Industries: A case study of the Textile Industry in Kano State 1986-2007” examined the effects and implications of globalization on the textile industry in Kano State. The data used for this research were drawn from both primary and secondary sources. The study found that globalization has inflicted devastating consequences on textile industry in Kano. This is because as a result of globalization textile products from advanced countries, which are relatively cheaper, are imported into Kano. These products enter Nigeria at the expense of the survival of Nigerian textile industry due to liberalization and sometime smuggling. Thus, manufacturers of textile in Kano lost market and the industries have gone distressed or closed shop. This study, recommends that government should regulate massive importation and smuggling of textiles from other countries so that textile manufacturers can have market for their products. Government as a matter of policy should instruct all Federal Unity Colleges, military and paramilitary formations to patronize only made in Nigeria textile products for their uniforms. Furthermore, Nigeria needs to have a second thought on globalization and her membership of the WTO agreement if she does not intend to do away with the manufacturing sector of the economy.