Abstract
The study examined factors influencing textile production in Nigeria,
determined strategies employed by the firms, and possible solutions for better
operations. Eighteen (18) textile firms were selected from three purposively
selected states noted for fabric productions in Nigeria. Data were collected using
questionnaire and interview schedule. Descriptive statistics was used to analyze
the data. The result showed that smuggling (x = 0.94, ± 0.23), lack of adequate
power supply (x = 0.94, ± 0.23), and low profit margin (x = 1.00, ± 0.00) were
prominent challenges militating against the firms. The strategies employed by
the firms to remain competitive despite these challenges include product
differentiation (77.8%), low cost (33.3%) and continuous innovation (16.7%).
Possible ways to revamp the industry are: effective policy to curb importation of
textiles and strengthen local production (61.1%), adequate power supply (100%)
and low interest rate on loans (94.4%). The study recommends that government
should pay closer attention to suggestions made by the firms such as
implementation of favourable policy for effective production so as to revitalize
the industry.