Former lawmaker, Senator Shehu Sani has raised an eyebrow on the decision of the Central Bank of Nigeria (CBN) to pump N100 billion into the textile industry.
![Shehu Sani](https://www.informationng.com/wp-content/uploads/2018/11/shehu-sani-reacts-to-buharis-appraisal-of-jonathan.jpg)
It has been reported that the CBN has plans to inject N100 billion into the textile industry to revive the sector.
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Reacting to this, the former lawmaker pointed out that the apex bank should be cautious with this plan, as it has been tried in the past but eventually failed as a result of epileptic power supply.
See his tweet below:
The CBN reportedly wants to pump in N100Billion ‘to revive the Textiles Industries’.This is an idea that has been tried in the past and ended up as a waste because of the decadent state of the power sector.Modern Textiles Industries can’t be run on a generator.
— Senator Shehu Sani (@ShehuSani) November 8, 2019