• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Stakeholders Decry Leather Industry’s Declining Contribution To GDP

by Bello Hamza
2 years ago
in Business
Leather Industry
Share on WhatsAppShare on FacebookShare on XTelegram

Stakeholders have highlighted the importance of Leather Industry to our national economy, saying it has been bedevilled with challenges leading to its declining contribution to National GDP.

Advertisement

They also reiterated their commitment to boost growth of the leather industry, which they noted occupies a strategic position in the country’s economy.

Speaking at the Edo Leather business to business summit and fair which opened yesterday and continues today, the chairman, national steering committee on strategic implementation plan of leather and leather products policy in Nigeria, Prof M. K. Yakubu said that Nigeria represents the largest economy in Africa with an equally huge market given its population size of over 200 million.

According to him, the leather sector occupies a very strategic position in the development of its economy on account of its substantial export earnings potential for creation of employment opportunities and favourable conditions for its sustained growth.

He said Nigeria has a huge Livestock population with associated high potential in the Leather Industry. Adding that the information on total production and consumption levels in Nigeria vary significantly depending on the source, the Livestock sector remains a major component of the agricultural economy and plays a significant role in the overall national economy. It accounts for about 2.5 per cent of the National GDP and 10 per cent of the Agricultural GDP.

RELATED

BREAKING: Emirates Airlines Resumes Flights To Nigeria October 1

Emirates Airline To Participate In Africa Tourism, Creative Economy Expo

8 hours ago
Tinubu Names Abubakar Dantosho MD Of NPA

NSC Boss Lauds Dantsoho On Election As IAPH Vice President

9 hours ago
ADVERTISEMENT

“It is pertinent however to state that as important as Leather Industry is to our national economy, it has been bedevilled with challenges leading to its declining contribution to National GDP. One of the major challenges was the long absence of a sector-specific Policy. Thanks be to God, we now have a Leather Policy and its Implementation Plan in Nigeria.

“These feats wouldn’t have been possible but for the collective and collaborative efforts of all the stakeholders involved in the leather sector.

“Permit me to use this opportunity to announce the formal registration of the first ever amalgamated leather Association in Nigeria, an umbrella Association for all leather actors in Nigeria, irrespective of your position in the Leather Value Chain (LVC), the National Association of Leather and Leather Products of Nigeria (NALPAN) on 21st July 2023.

ADVERTISEMENT

“This is another milestone achievement in the implementation of the leather policy. NALPAN is constituted to foster collaboration among the tanners, animal husbandry, abattoir operators, finished leather products manufacturers and allied products producers.

“I would like to bid for all stakeholders to register directly or through their various sub-association with NALPAN. NALPAN, being an umbrella Association for all leather affiliates will protect the interest of its members, resolve conflicts of interest among members and other associations, ensure standards and strict adherence to regulations, facilitate certification of enterprises to minimise quackery, facilitate access to funds and other linkages, promote advocacy and publicity, facilitate patency and protect intellectual property right, ensure that appropriate channels are followed on import and export of inputs and products, encourage creativity and innovation to promote competitiveness as well as meet the insatiable demands of consumers, and any other benefits as will be stated in its constitution,” he stated.

Yakubu however, noted that Nigerian Institute of Leather and Science Technology (NILEST), the only Government owned Leather Institution in Nigeria, established in 1964 will continue to play its leadership role in driving the implementation of the National Leather and Leather Products Policy.

He said , “I am pleased to announce that NILEST has made some modest remarkable achievements in the implementation of this Leather Policy by establishing Nine (9) Extension Centres across the six (6) geo-political zones of Nigeria. In the South South, we have a Centre in Afuze, Owan-East Local Government Area, Edo State to extend the services of the Headquarters in Zaria to Leather Value Chain Actors and general populace in Edo State and South South geo-political zone of Nigeria.

“As part of implementation of the Leather Policy, NILEST is championing this campaign to promote patronage of “Made in Nigeria” leather products. I therefore bid all Leather stakeholders and practitioners to join this campaign to ensure the survival of MSMEs and Nigeria’s economy.

“It is time we look inward and limit over dependence on foreign products. All leather practitioners, craftsmen and artisans need to build up their capacity and adhere to standards to guarantee quality of their products.”

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Leather Industry
SendShare10171Tweet6357Share
ADVERTISEMENT
Previous Post

Customs Forges New Alliance With Benin Republic To Curb Smuggling

Next Post

Nigeria’s Telecoms Sector Still Imports 84% Hardware Components

Bello Hamza

Bello Hamza

You May Like

BREAKING: Emirates Airlines Resumes Flights To Nigeria October 1
Business

Emirates Airline To Participate In Africa Tourism, Creative Economy Expo

2025/08/29
Tinubu Names Abubakar Dantosho MD Of NPA
Business

NSC Boss Lauds Dantsoho On Election As IAPH Vice President

2025/08/29
tinubu
Business

Capital Market Stakeholders Back Tinubu’s Reforms, Urge Companies To List On NGX

2025/08/29
FG Inaugurates National Building Code Advisory Committee
Business

FG Inaugurates National Building Code Advisory Committee

2025/08/29
TCN Receives 7 New Power Transformers In Lagos, To Boost Power Supply
Business

TCN Clarifies Onitsha Sub-region Incident, Denies Explosion Claim By Enugu DisCo

2025/08/29
FirstBank’s N1trn Digital Loan Disbursement Milestone And New Era Of Inclusive Lending
Business

FirstBank’s N1trn Digital Loan Disbursement Milestone And New Era Of Inclusive Lending

2025/08/29
Leadership Conference advertisement

LATEST

2 Killed, 1 Injured In 2 Kwara Robbery Incidents

Dafinone Hails Okpebholo At 55, Praises Edo Gov’s Leadership, Humility

Federal Gov’t To Integrate Peace-building Into National Adaptation Plan 

2026 W’Cup Qualifiers: Chelle Picks Ekong, Osimhen, 21 Others In Final 23 Squad

TIME Magazine Launches Africa Edition

JUST-IN: Gunmen Abduct Health Worker In Ondo

Court Restrains NAF From Evicting Residents Of Bauchi NHP Housing Units

Ex-Zamfara Central Senator Marafa Dumps APC

Police Arrest Suspected Cult Kingpin, 3 Vandals In Akwa Ibom Raids

NSCDC Officer Arrested Over Death Of Police Officer, Unlawful Obstruction

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.