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My Shirts… My Vanity, Our Economic Prosperity By - Nairaland / General - Nairaland

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My Shirts… My Vanity, Our Economic Prosperity By by omonla5: 10:54pm On Nov 21, 2012
I have noticed with pleasure the fact that many of my friends like my dressing and dress-sense. I get a sense of satisfaction and yes, sometimes I show off a bit. Nothing wrong in a little vanity from time to time. I am proud of my dressing and even prouder about 2 facts: 1. my clothes are made in Nigeria and more particularly in Aba and 2. they are made by my own brother and friend, Chukwuemeka Nwachukwu (Towill Creations) a member of this group. I admit I might be doing a bit of marketing for him but then, if we dont promote our own, who will?

Let me tell us about Emeka a bit… at just about 30 years old, Emeka a few years back went to Libya to seek his fortune. After several troubles and turmoil, he came back home to Aba and started making shirts at market road. and with a steady rise, he has carved a niche for himself in impeccable tailoring. Emeka I am aware makes at least 4 shirts everyday (sometimes more). But taking just 4 shirts as a theoretical case point, a shirt commands about N5,000 a piece. thats a gross of N20,000 a day or N6 Million in 300 days almost single-handedly. And at a 30% profit, he pockets a tidy N1.8million a year or more directly N150,000 a month. Does these figures arouse your interest? Then wait, the best jist is yet to come.

What if Government got involved? How? Small Cottage industry cluster for 100 tailors. with 2,000 square meters of floor space and provision for ancillary services, just 30 hectares of land will be required to create this cluster. Now numbers… with industrialized tailoring, production can actually jump to 100 shirts a day. and even with a reduced selling price due to large scale production and improved margin of production, gross becomes N300,000 a day and N90 Million in 300 days. For the 100 tailors its a gross of N9 Billion in gross per annum. Do I have your interest now? Good! Each tailor pockets a mouthwatering N27 Million per annum in profits alone not to mention the exposure it affords these tailors.

We are all aware that most of the best made cloths worn in Nigeria are sewn in Aba. but what has the Government done to improve on this? Nothing! While 100 cloths a day is just the lowest limit to what tailoring can generate, This in an industry when fully harnessed can place Aba on the map as the Milan of Africa and generate at least 5 times the projections contained herein… thats N45 Billion per annum in simple English: with at least 30% of this amount being retained by Government. Employment for at least 2,000 youths will be guaranteed and there will be boundless opportunities to grow and expand. Tailors around the country will come to Aba to seek Gold. Complimetary cottage industries can grow as a result (Button makers, thread makers). The real demand for textile mills will be created since a minimum of 40% of N45Billion will be spent on fabrics alone (N18 Billion).

And all these are realizable with just Government direct involvement in the form of equipment, infrastructure, the enhancement of trade opportunities for the tailors and the creation of these industries. Well, with the knowledge thus shared, I think its time to go and look good… my vanity, someone’s success!

http://archcardinal./2012/05/11/my-shirts-my-vanity-our-economic-prosperity
Re: My Shirts… My Vanity, Our Economic Prosperity By by honeyguy(m): 11:22am On Dec 06, 2012
do u have samples?

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