Leather sector strategic to Nigeria’s economy

Nigeria
Published:  02 February, 2018

Speaking at a forum held in northern Sokoto State in January, Ogbonnaya Onu, Nigeria’s Minister of Science and Technology said the country's leather sector holds the key to its industrial growth.

Onu told the audience that several thousands of jobs could be created by boosting the domestic leather industry adding that Nigeria’s President, Muhammadu Buhari, is seeking to improve the socioeconomic well-being by promoting local content through diversification and transformation of the economy, as well as through the use of innovative technology. Ai'sha Abubakar, Minister of State for Industry, Trade and Investment, allegedly has asked Nigerians to actively participate in promoting ‘Made in Nigeria’ products.

Reportedly, Nigeria imports around US$500 million of leather products each year. Much of the locally produced finished leather is used in the manufacture of shoes and bags, with exports mainly taking place on a regional level, to West Africa.

Source: Xinhuanet