Nigeria News App

Join NN App My Account
Stats: 289 members, 1,581 topics. Date:   Tue, 11 2018 at 11:12 am
For more please contact us @ info@nigerianews.app

Nigerian News

FrontPage Forum Must Read Latest Posts Breaking News Entertainment Politics Business Economy Sports Romance General Hausa News
Trending : Buhari 2019 President Nigerians Presidential Atiku Nigeria
Join NN App Earn by reading news Sign in My earnings Invite friends Income record How it works FAQ Testimonial Income support Today offer

FEC approves policy on leather products

By - - [General ]

The Federal Executive Council (FEC) has approved a national leather and leather products policy to harness the country’s leather resources.

The approval was granted during Wednesday’s FEC meeting presided over by President Muhammadu Buhari at the State House Villa, Abuja.

ADVERTISEMENT
Minister of Science and Technology, Dr. Ogbonnaya Onu who briefed State House Correspondents at the end of the meeting, said the policy would revolutionise the country’s leather industry and create employment.

He said with the approval of the policy, the country leather would be harnessed locally as against the present situation whereby raw or semi finished leather products are exported abroad.

ADVERTISEMENT
“We want to do this because this is the only way we can create employment, create a lot of wealth and also we will be in a position to fight poverty,” he said.

He reiterated that globally the process of industrialization starts with textile and leather production, ” because these are not very high technology areas.

” These are areas which as of now we have comparative advantage because our labour cost is relatively low. It is important that this policy is implemented, it will help us to create jobs and wealth,” he said.

He said when implemented, the policy will lead to the creation of more tanneries and other small scale factories in across the country for the processing of leather-related products.

” As far as light leather is concerned, we are number two in Africa and number eight in term of exportation of leather in the world. It is very vital area because if we harness the livestock that we have in Nigeria and ensure that we process the hide and skin of all animals in the country, we will be creating a lot of jobs and wealth,” he said.

Also, the Minister of Information, Lai Mohammed described the policy as a measure to reposition the country’s leather industry to attract investment.

https://www.dailytrust.com.ng/fec-approves-national-policy-on-leather-products.html


Like .

Others are reading


3 Comments Nigeria News
innkayobami• a month ago
Abeg make we hear word
Reply
iammicharles• a month ago
🙄🙄
Reply
Abidoun• a month ago
Love this
Reply

(Go Up)

Have a news to share? Contact Email: info@nigerianews.app

NIGERIA NEWS APP (https://www.nigerianews.app) is a website owned by IAR (IJMBway Alevel Registraion) a registered company that pays you for reading news, commenting on every news, sharing our ads on Twitter/ Facebook, inviting friends & family and logging daily. You can make upto ₦200,000 just by inviting people to read Latest Nigerian News & Breaking News in Nigeria. Register today with ₦1,600 to become a member.


© 2018 - Nigerian News App.