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Posts tagged with "Hermes"

Are Nigerians aware of the fact that the global leather industry is currently worth about $500bn a year and the raw material used in the sector is cattle hide? African News

Are Nigerians aware of the fact that the global leather industry is currently worth about $500bn a year and the raw material used in the sector is cattle hide?

Ayo Akinfe   As we debate the creation of cattle ranches across Nigeria, are we aware of the fact that the global leather goods market was valued at $414bn in 2017, it is expected to reach $629.65bn by 2025? Here are the top 10 producers worldwide.   (1) China produces 6.17bn square feet of leather goods and...
Nigerian Textile Industry Resuscitation Bill 2020 African News

Nigerian Textile Industry Resuscitation Bill 2020

Ayo Akinfe (1) Cotton production will be expanded to match Pakistan’s 2.3m tonnes through the provision of single digit loans and hybrid seedlings to farmers. Nigeria currently produces only 105,000 tonnes which is not enough to sustain a local manufacturing industry (2) A Nigerian Tailors Guild will be formed as part of a...
 

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