The National Cotton Association of Nigeria (NACOTAN) has commended President Muhammadu Bihari for his role in boosting cotton production in the country.
A statement signed by the President and the Secretary-General of NACOTAN, Anibe Achimugu and Alhaji Hassan Buhari Tafidan Maradun said the President’s efforts through the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme is already yielding results.
“Cotton is one of the most common fabrics in our wardrobes. It is comfortable, hypoallergenic, breathable and durable. Cotton fiber is used in textiles and clothing, food products like edible oil are obtained from cotton and its seed is used as animal fodder,” they said.
According to the statement, 60% of women’s clothes contain cotton fibers, while 40% of them are made from all cotton. It is the only agricultural commodity that provides both fiber and food.
“But cotton represents so much more than just a commodity. This natural fabric is a life-changing product worldwide that sustains 28.67 million growers and benefits over 100 million families across 75 countries in five continents. Cotton plays a vital role in the national economy of different countries, and that is why it is also called White Gold for many countries in the world,” said the statement.
World Cotton Day signifies the importance of production of cotton. It is an initiative that started in 2019 at the World Trade Organization’s Geneva headquarters, when four cotton producers in sub-Saharan Africa – Benin, Burkina Faso, Chad and Mali, known as “Cotton Four” proposed World Cotton Day celebration on October 7.