You are here: > Text
National leather policy’ll tame 20m yearly shoe imports
2018/11/9 10:27:45 Source: Author: 点击率:

Following the Federal Executive Council (FEC)’s approval of the National Leather and Leather Product Policy, the Manufacturers Association of Nigeria (MAN) has disclosed that the policy would help reduce the over 20 million pairs of shoes imported yearly into Nigeria.

The association noted that the continued shoe importation has seen Nigeria realising a meagre $921million from the estimated $80 billion global leather industry since 2013, adding that the new national leather policy would help restore the country’s leather potential.

MAN believed that the Federal Government’s new leather policy would harness local leather resources into finished products and leapfrog shoe manufacturers’ contribution to the country’s Gross Domestic Product (GDP).

MAN President, Mansur Ahmed, an engineer, in a chat with New Telegraph in Lagos on the new development in the country’s leather sector, stated that Nigeria plays a vital role in leather manufacturing in Africa.

He noted that as far as light leather was concerned, Nigeria was number three in Africa and eighth in the world in terms of leather export.

Ahmed also added that leather manufacturers in MAN have been a reference point in the development of the country’s leather manufacturing, saying that the new national leather policy would be an icing on the cake of the country’s leather industry, which is expected to see a boom, not only in shoe manufacturing, but also in terms of its contribution to the country’s economy.

According to him, as the Federal Government targets the non-oil sector to generate revenue for the country following the continued fall in crude oil prices at the international market, the manufacturing sector has a crucial role to play to key into government’s aspiration for the country’s economy.

The MAN president lamented that the leather industry has been neglected for long because of the perception that it has been dominated by large imports of leather shoes at the expense of local manufacturing.

Ahmed particularly explained that the foreign importation of leather shoes has resulted into low capacity utilisation of the local leather industry, prompting manufacturers to decry government’s refusal to promulgate any law to help develop the local market.

He said that the biggest challenge facing the sector is the continued importation of leathers into the country at the detriment of the local industry.

This challenge, Ahmed said, has resulted in leather companies operating in the country closing down their businesses since the Federal Government did not show commitments to stop the importation of leather materials.

“Yes, we are happy with the Federal Government’s leather product policy that was approved by FEC last week. It will help bring sanity to the country’s leather policy, which has been marred by high importation of leather shoes into the country without the importers being checkmated, making us to see over 20 million shoes being imported into our country through the ports,” the MAN president said.

Printing Forwarding

Related News