Jacobs disclosed this in an interview on Wednesday in Lagos.
He said as part of the discussion, the association proposed the establishment of an Anti- Smuggling Task Force to prevent or reduce smuggling significantly and to enable many textile factories return to production.
Jacobs said smuggling was the key reason why many textile factories shut down their operations in the first place.
Frank said though the Federal Government released about N50 billion to some of the manufacturers in the industry some years ago, the money was like a drop in the ocean.
He, however, noted that many of the manufacturers were in debts as at that time.
“With the ongoing discussions, respite is coming for textile factories which have for several reasons become moribund as this particular administration is very concerned about them.”
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