Okpu O and Abimbola V
As the waves of the financial crisis began to pound the centers of world finance, there have been some belated recognition of the danger posed by short term capital flows. Countries afflicted by the financial crisis have been forced to take their own measures to protect their economy. This paper proposes the use of Indigenous Textile (Aso-oke) as one of the instruments by which the problem of national economic meltdown in Nigeria can be solved by providing self-reliance and job opportunities to other numerous people. The paper examines the history of Indigenous textile (Aso-oke), and reveals the raw materials for producing it. The paper also examines the prospect of traditional cloth production with its accompanying benefit of assuaging the delectating consequences of national economic meltdown. The paper makes recommendations on how such prospects can be utilized for national development.
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