The Central Bank of Nigeria (CBN) has predicted that Cotton, Textile and Garment (CTG) sector will create more than two mn jobs and reduce $4 bn import bill incurred on textile yearly. Godwin Emefiele, Governor of the CBN, said in Abuja on Thursday at the meeting with the Service Chiefs and stakeholders from CTG industries on the drive to revive the sector. He explained that the sector also had the capacity to transform Nigeria’s rural economy and revive the textile and garment industries by improving internal revenue across the three tiers of government. He said by achieving that, it would safeguard and earn foreign exchange and ultimately accelerate industrial development by making Nigeria a global player in the textile and apparel sectors.