Nigeria’s textile, apparel and footwear sector shrinks for 9th straight quarter
Nigeria’s textile, apparel and footwear subsector contracted for the ninth consecutive quarter in Q2 2026, declining by 1.23% year-on-year in real terms, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS). The post Nigeria’s textile, apparel and footwear sector shrinks for 9th straight quarter appeared first on Nairametrics .
Nigeria's textile, apparel and footwear subsector has contracted for the ninth consecutive quarter in Q2 2026, declining by 1.23% year-on-year in real terms, according to the latest GDP report released by the National Bureau of Statistics (NBS). The subsector's share of Nigeria's real GDP has also fallen to 1.77% in Q2 2026 from 1.87% in the same quarter of 2025, highlighting the prolonged weakness in the industry.
Despite this contraction, manufacturers' confidence in the sector improved in Q2 2026, driven by expectations about the commercial environment and recent policy measures.
Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
