Talk Of Nigeria: Nigerians Spend €50m Annually On Austrian Lace – Envoy

Lace
The Nigerian Ambassador to Austria, Ms. Maria Laose, says Nigerians spend more than €50million (About N10billion) annually to purchase lace and embroidery materials from Austria. She said this when she visited the `Vorarlberg Province of Austria’ notable for the manufacture of lace and embroidery materials commonly used by Nigerians for ceremonial and traditional attires, the News Agency of Nigeria reports. “The high patronage by Nigerians of the Vorarlberg textile industry runs into about €50 million annually,” Laoshe said in a statement made available to NAN. The statement said the envoy, who was received by the Governor of Vorarlberg Province, Mr. Markus Wallner, informed her host of the investment opportunities in Nigeria, including cotton cultivation.
She urged the Austrian Government to look into the possibility of sourcing raw cotton from Nigeria by investing in the cultivation of cotton in Nigeria. “This will provide employment for Nigerians, reduce the flow of illegal immigration, change the one-way traffic of the lace trade route to promote and upgrade economic relations between Nigeria and Austria,” she added. The envoy said that with its status as the largest economy in Africa and huge market, Nigeria was capable of playing an important role as an outlet for Austrian lace to the whole of the West African sub-region. According to the statement, Laose also met with Dr. Bernadette Mendel, Speaker of the Vorarlberg Parliament; Mr. Helmut Steurer, President of the Economic Chambers of the province and Mr. Markus Riedman, President of Lace and Embroidery manufacturers.
Source – Punchng

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