• 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

Federal Govt, Others Move To Improve Nigeria’s Leather Value Chain

by Innocent Odoh
3 years ago
in Business, News
Federal
Share on WhatsAppShare on FacebookShare on XTelegram

The federal government and stakeholders in the leather industry have strengthened their commitment to upgrade the sector, which it said occupies a very strategic position in the development of Nigeria’s economy on account of its substantial export earnings.

 

Advertisement

This was the focus of a 5-day capacity building of leather stakeholders on “Fostering Strategic Alliance to Fast -track the Implementation of the National Leather and Leather Products Policy” workshop, which commenced in Abuja, yesterday. employment opportunities and favourable conditions for sustained growth.

 

“It has been projected that the Nigerian leather industry tans between 40 to 50 million skins annually, hence it generates between $600 million to $800 million annually. It is therefore believed to have the potential to increase the nation’s foreign earnings.

“To achieve this vital feat, there is a need for value addition in Nigeria’s leather value chain to upgrade its position in the regional and global trade of leather commodities with varying implications on intra and inter trade, backward integration, employment generation, industrial deepening, increased productivity and competitiveness,” she said.

RELATED

Tubotamuno Launches ‘The Elite Wanderer’ To Turn Wealth Into Power, Legacy

Tubotamuno Launches ‘The Elite Wanderer’ To Turn Wealth Into Power, Legacy

1 hour ago
Bauchi To Pay Leave Grant To LG Workers

2027: Why PDP Must Present Southern Christian Candidate — Bauchi Gov

1 hour ago
ADVERTISEMENT

 

The event was organised by the Nigerian Institute of Leather and Science Technology( NILEST) in partnership with the Nigeria Competitiveness Project((NICOP) with support from the European Union (EU) German Society for International Cooperation (GIZ) the World Bank to drive the effort to diversify the Nigerian economy.

 

ADVERTISEMENT

The director general of NILEST and the Chairman of the Steering Committee on Strategic Implementation Plan of the Leather and Leather Products Policy in Nigeria, Mohammed Yakubu, in his remarks said “The policy, when fully implemented, will bring about an increase in industrial growth, economic diversification, job and wealth creation, national Gross Domestic Products, productivity local and export markets.

 

“It will also enhance reduction in capital flight, promotion of science, technology and innovation STI and strengthen intra/inter relationship between private, public and international organizations.”

 

Minister of Trade Investment and Industry, Niyi Adebayo, in his remarks, said the occasion provides more opportunities for the inter ministerial collaboration to expedite the implementation of the plan.

 

The minister, who was represented by Achilam Chioma, a deputy Director in the Ministry, said the leather sector is strategic in the diversification agenda of the Federal Government and improving the value chain in the industry.

 

In July Last year, Vice President Yemi Osinbajo launched the Leather and Leather Policy Implementation Plan in Abuja. This was after President Muhammadu Buhari approved the first ever stand-alone National Policy on Leather and Leathers Products in Nigeria in October 2018.


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: Federal Government
SendShare10180Tweet6363Share
ADVERTISEMENT
Previous Post

NBCC To Equip Young Entrepreneurs With Tech Skills

Next Post

TotalEnergies To Intensify Oil Production In Next 5 Years

Innocent Odoh

Innocent Odoh

You May Like

Tubotamuno Launches ‘The Elite Wanderer’ To Turn Wealth Into Power, Legacy
News

Tubotamuno Launches ‘The Elite Wanderer’ To Turn Wealth Into Power, Legacy

2025/08/28
Bauchi To Pay Leave Grant To LG Workers
News

2027: Why PDP Must Present Southern Christian Candidate — Bauchi Gov

2025/08/28
Akure Monarch Shuts Markets, Shops For Amole Festival
News

Akure Monarch Shuts Markets, Shops For Amole Festival

2025/08/28
Federal Gov’t To End Police Escort Misuse By VIPs, Says Hadiza Bala-Usman
News

Federal Gov’t To End Police Escort Misuse By VIPs, Says Hadiza Bala-Usman

2025/08/28
Tax Bills, Electoral Reforms, Anambra Poll May Shape 2025
News

INEC Allays ADC’s Fears Over Voter Registration Figures

2025/08/28
How DSS Prevented Religious Crisis In Oyo
News

Benue, Plateau Killings: DSS Files Criminal Charge Against 9 Suspects

2025/08/28
Leadership Conference advertisement

LATEST

Tubotamuno Launches ‘The Elite Wanderer’ To Turn Wealth Into Power, Legacy

2027: Why PDP Must Present Southern Christian Candidate — Bauchi Gov

Akure Monarch Shuts Markets, Shops For Amole Festival

Federal Gov’t To End Police Escort Misuse By VIPs, Says Hadiza Bala-Usman

INEC Allays ADC’s Fears Over Voter Registration Figures

JUST-IN: Besiktas Sack Ole Gunnar Solskjær As Head Coach

Benue, Plateau Killings: DSS Files Criminal Charge Against 9 Suspects

Federal Gov’t Hails Ex-Perm Secs’ Council For Bolstering Governance

Niger Delta Coalition Backs NNPCL Boss, Passes Confidence Vote On Tinubu

Gombe Gov Meets VON DG, Pledges Continued Support, Robust Partnership

© 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.