Osinbajo disclosed this at the formal inauguration and sensitisation workshop on the National Leather and Leather Products Policy Implementation Plan on Tuesday in Abuja.
“The leather and leather products industry currently employs over 750,000 workers with about 500,000 workers in the finished leather goods sector. “To date, however, exports are in the order of 272 million dollars; today, Nigeria’s semi-finished and finished leather have their highest patronage in Italy, Spain, India, South Asia and China.“Anecdotal evidence suggests that the famous Aba shoe cluster in Abia, informally exports almost a million pairs of shoes weekly mostly to destinations within Africa.
“This explains why the launch of the National Leather and Leather Products Policy Implementation Plan is such an exciting development.
The leather products industry will generate over $1bn by the year 2025 and create employment for over 700,000 people.... Prof Yemi Osinbajo
The entire value chain of the leather industry is capable of creating a whole lot of jobs and improving the GDP. It's high time we began to prioritize patronizing locally made leather products just as we can see the Govt giving the industry the much needed support.
I concur absolutely. It's such a national shame we allowed the discovery of oil to overshadow other salient economic areas that guarantee economic boom. This is a good step in the right direction 👍
Focusing on leather products will really boost our economy
Òde monkey.
'O gbeni kuro beyen no' All of ur ideas n propositions don't really interest the Gambari n Filanis...