‘Nigeria’s leather industry generates $600m yearly’
Minister of Science and Technology, Dr. Ogbonnaya Onu, has disclosed that Nigeria’s leather industry generates between $600m to $800m in revenue for the country annually.
He stated this yesterday at the “Validation of the Leather Policy Implementation Plan” organised by the ministry in Abuja.
Onu, who was represented by the Minister of State for Science and Technology, Abdullahi Mohammed, said there was an urgent need to implement the National Leather and Leather Products Policy to boost leather production as a source of revenue for the country.
“Leather has a global market size of about $20b traded annually and a lot of opportunities abound in the industry.
The minister, however, charged stakeholders to ensure the success of the leather policy and guarantee that Nigeria benefits maximally from its potential in the long run.
No comments yet