Nigeria’s leather industry to generate $1bn - News Summed Up

Nigeria’s leather industry to generate $1bn


Programmes Lead at My World of Bags, Sinmi Olayebi, has said that the Kafawa Training Program has been designed to help realise the predicted value of the Nigerian leather industry. According to her, based on expert assessments and reports, the leather industry in Nigeria could generate at least $1bn in revenue by 2025. Olayebi said what the industry lacked in skilled manpower, the Kafawa Training Programme would provide in the coming years. She said it was designed to help unemployed youths tap into the immense potential of the leather industry, which was beginning to gain increasing currency by the day. According to her, with Nigeria being one of the biggest producers and exporters of raw leather materials and reportedly one of the highest producers of leather and finished leather products in Africa, the industry was estimated to generate over $1bn by 2025.


Source: Punch June 11, 2022 04:48 UTC



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