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THE IMPACT OF GLOBALIZATION ON THE NIGERIA TEXTILE INDUSTRY: A STUDY OF THE COLLAPSE OF TEXTILE FACTORIES IN KADUNA, NIGERIA (1999-2010)
Abstract:
This study, The Impact of Globalization on the Nigerian Textile Industry: A Study of the Collapse of Textile Factories in Kaduna, Nigeria,1999-2010, examined the causes of the collapse of textile factories in Kaduna, Nigeria (1999-2010). Anchored on the new theory of imperialism which argues that globalization is a new form of imperialism by which advanced capitalist countries dispossess the developing countries of their economies to ensure their further and continuous state of underdevelopment, the study employed qualitative method of research. Textual analysis was done with interview as the instrument of data collection. Judgmental sampling technique was adopted. The research found out that globalisation has not benefited the textile industry in Kaduna, Nigeria due to unfriendly business environment. It also found out that the causes of the collapse of the Kaduna textiles factories were endogenous as well as exogenous: poor domestic institutional support combined with rising competition from foreign textile firms. It was found that globalization changed the taste of textile consumption in Nigeria in favor of Western type of textiles products which the Kaduna Textile Factories lacked the technology to efficiently produce. It then recommended that the Nigerian government should encourage research in textile production in order to develop a home grown technology that can efficiently utilize local raw materials while also encouraging an Africa-wide trade agreement that can offer special treatment to goods from member countries.
THE IMPACT OF GLOBALIZATION ON THE NIGERIA TEXTILE INDUSTRY: A STUDY OF THE COLLAPSE OF TEXTILE FACTORIES IN KADUNA, NIGERIA (1999-2010)
