iarjbmIARJBMIARJBM2708-5147https://doi.org/10.47310/iarjbm.2021.v02i01.029Nigerian Textile Industry Sickness, Failure and Decline: A Literature ReviewAbdullahiB.YusufSalihuA.ADepartment of Business Administration Faculty of Management and Social Sciences Ibrahim Badamasi Babangida University LapaiIndustry sickness, failure or decline is significant aspect of developing and developed countries. The Nigerian textile industry declining situation is alarming as over 70 textile manufacturing firms have closed shop in Nigeria, retrenching about 250,000 workers (direct and indirect) as reported by Manufacturers Association of Nigeria. The study findings from empirical literature review shows that the sickness, failure or decline is attributed to internal and external factors in the business environment. The factors are technological advances, poor product quality and introduction of superior substitute product declining demand for Nigerian textile fabric (shrinking customer groups), rising cost of input, limited supply of raw materials, regulations, executive mal-administration (mismanagement of resources), competitive changes, obsolete plant and machinery, deficient social and physical infrastructure among others. The study concludes and recommends that the Nigerian textile industry used to be the largest in Africa after Egypt and South Africa. It plays an important role in economic development of the country and previously the largest employer of labour force after the civil service. Though the outlook of the industry look bleak but concerted effort is required to restructure the moribund sector.