Close Menu
    Facebook X (Twitter) Instagram
    The Hints News Media Limited
    • Home
    • News

      Turnout During APC Presidential Primaries Mock Demonstration Of 2027 Elections – Yilwatda 

      Sponsor: Adeniyi Adedeji May 24, 2026

      2027: Tinubu Emerges APC Presidential Candidate with 10.9m Votes 

      Sponsor: Adeniyi Adedeji May 24, 2026

      FG, Foundation Seek Digital Transition In Civil Service

      Sponsor: Obagah izuagie May 24, 2026

      Troops Eliminate 12 Terrorists In Borno

      Sponsor: Adeniyi Adedeji May 24, 2026

      Ebola: FAAN Strengthens Surveillance On Passengers Arriving From High-risk Countries

      Sponsor: Obagah izuagie May 22, 2026
    • Politics

      Turnout During APC Presidential Primaries Mock Demonstration Of 2027 Elections – Yilwatda 

      Sponsor: Adeniyi Adedeji May 24, 2026

      2027: Tinubu Emerges APC Presidential Candidate with 10.9m Votes 

      Sponsor: Adeniyi Adedeji May 24, 2026

      Troops Eliminate Three Terrorists, Rescue Victims Across North East Theatre

      Sponsor: Adeniyi Adedeji May 24, 2026

      APC: Presidential Primaries Holds In 8,809 Wards Nationwide 

      Sponsor: Adeniyi Adedeji May 21, 2026

      Governor Uzodinma And The Constitutional Crossroads

      Sponsor: Okoi Obono-OblaMay 21, 2026
    • Business

      Anosike, KOH LI-NA, Others Advance Meteorological Research, Artificial Intelligence

      Sponsor: Obagah izuagie May 22, 2026

      NIMASA Graduates 492 Advanced Combat Personnel for Deep Blue Project

      Sponsor: Obagah izuagie May 22, 2026

      Coalition to Tinubu: Sign, Implement NAP 4 for Improved Inclusive Governance 

      Sponsor: Halimat Ibrahim May 20, 2026

      Growing Investor Confidence Boosts Demand For T Pumpy Apo–Waru Estate

      Sponsor: Halimat Ibrahim May 20, 2026

      Oyetola: Nigeria Expanding Port Capacity to Lead Regional Trade

      Sponsor: Obagah izuagie May 18, 2026
    • Sports

      Maresca Agrees To Replace Guardiola At Man City

      Sponsor: Obagah izuagie May 19, 2026

      Former Super Eagles’ Forward Dies In Kaduna

      Sponsor: Adeniyi Adedeji April 24, 2026

      NOC Set To Host IOC-backed Advanced Gender-inclusive Governance Course In Abuja

      Sponsor: Modupeola oyewale March 3, 2026

      ACFTA Fest 2026: Super Eagles Legends to Play African Legends In Abuja

      Sponsor: Adeniyi Adedeji February 5, 2026

      NSC Secures Pre-Games Camp For Team Nigeria Ahead Of 2026 Commonwealth Games

      Sponsor: Modupeola oyewale January 25, 2026
    • Health

      Ebola: FAAN Strengthens Surveillance On Passengers Arriving From High-risk Countries

      Sponsor: Obagah izuagie May 22, 2026

      CSOs Call For Urgent Sodium Reduction Action

      Sponsor: Esther musa May 12, 2026

      Drug To Reduce Aggressive Ovarian Cancer Found 

      Sponsor: Adeniyi Adedeji April 11, 2026

      NGO: Primary Healthcare Facilities In Osun Communities In Ruins

      Sponsor: Adeniyi Adedeji January 27, 2026

      How Kidney Disease Epidemic Exposes Yobe’s Healthcare, Water Challenges 

      Sponsor: Usman MuntariJanuary 4, 2026
    • Education

      Tinubu Appoints Aina As New JAMB Registrar

      Sponsor: Halimat Ibrahim May 21, 2026

      Afenifere Expresses Dismay Over Terrorists’ Invasion Of Schools In Oyo

      Sponsor: Adeniyi Adedeji May 17, 2026

      ASSAM Urges FG To Boost Revenue Through Skills, Training

      Sponsor: Obagah izuagie February 5, 2026

      Adifase High School Apata, Ibadan In Ruins

      Sponsor: Odeyinu temidayoJanuary 30, 2026

      House Directs Education Ministry, WAEC to Halt Planned 2026 CBT Exam

      Sponsor: Esther musaNovember 13, 2025
    • Entertainment

      40andFabulousNaija Reality TV Show Season 3 Meant to Reposition Women from Age 40

      Sponsor: Halimat Ibrahim September 23, 2025

      Nollywood Actor, Don Richard Seeks Financial Assistance As He Battles Kidney Disease

      Sponsor: Adeniyi Adedeji July 31, 2025

      Wrestling Legend, Hulk Hogan’s Cause Of Death Revealed 

      Sponsor: Modupeola oyewale July 25, 2025

      Davido Pulls Out Of 50 Cent’s Concert In London 

      Sponsor: Esther musaJune 15, 2025

      Gwo Gwo Gwo Ngwo Crooner, Mike Ejeagha Dies At 95

      Sponsor: Esther musaJune 7, 2025
    Trending
    • Turnout During APC Presidential Primaries Mock Demonstration Of 2027 Elections – Yilwatda 
    • 2027: Tinubu Emerges APC Presidential Candidate with 10.9m Votes 
    • FG, Foundation Seek Digital Transition In Civil Service
    • Troops Eliminate 12 Terrorists In Borno
    • Troops Eliminate Three Terrorists, Rescue Victims Across North East Theatre
    • Ebola: FAAN Strengthens Surveillance On Passengers Arriving From High-risk Countries
    • Anosike, KOH LI-NA, Others Advance Meteorological Research, Artificial Intelligence
    • NIMASA Graduates 492 Advanced Combat Personnel for Deep Blue Project
    The Hints News Media Limited
    Home » The 2026 Economic Game Changer Nigeria Keeps Underselling: Leather
    Opinion

    The 2026 Economic Game Changer Nigeria Keeps Underselling: Leather

    Sponsored By: Haowa Bello-LukmanJanuary 15, 2026No Comments5 Mins Read
    Share Facebook Twitter LinkedIn WhatsApp Email Telegram Copy Link
    Share
    Facebook Twitter Email Telegram WhatsApp Copy Link

     

    Nigeria talks about cocoa and crude oil as strategic exports. Leather deserves the same seriousness not because of hype, but because the numbers, labour base and raw material supply already exist. What we lack is value-chain discipline: standards, incentives, infrastructure and execution.

    The tragedy is not that Nigeria lacks leather. It is that we keep exporting it at the wrong point in the chain.

    We Have the Inputs, But We Keep Losing the Value

    Advertisement

    Nigeria is widely recognized as one of the dominant sources of goatskin and kidskin in West Africa. Industry and policy bodies have consistently stated that the country contributes roughly 60% of regional goatskin and kidskin supply, making it a natural anchor for continental leather industry.

    Economic and trade commentary also places Nigeria’s goatskin and kidskin resource base at around 46% of West Africa’s and about 18% of Africa’s total, underscoring how unusually strong Nigeria’s raw material position is.

    Yet this advantage has not translated into leadership in finished leather goods, footwear, bags, upholstery, and high-value exports. Nigeria remains concentrated in the raw and semi-processed end of the leather value chain, where margins are structurally thin and global competitiveness is weak.

    The Nigerian Institute of Leather and Science Technology (NILEST) and industry sources estimate that 40 to 50 million skins are processed by Nigerian tanneries every year. That is not a cottage-industry scale, it is a foundation around which globally competitive manufacturing could be built if properly integrated.

    Exports Exist, But They Are Not Where They Should Be

    Nigeria does export leather, but mostly in raw or semi-processed form. Public sector and industry briefings have placed Nigeria’s leather exports at a peak of about US$117 million in 2018, with later commentary describing exports as being “in the order of US$272 million.”

    Those numbers sound impressive until they are compared with what is possible. The Nigerian Economic Summit Group (NESG) and federal policy documents have repeatedly stated that with value addition, quality standards and export alignment, the sector could generate more than US$1 billion annually.

    That is not a fantasy. It is simply what happens when a raw-material-rich country stops shipping value abroad.

    This Is Already a Jobs Industry, Not a Hypothesis

    Leather is not a boutique craft. It is one of the most labour-absorbing manufacturing chains Nigeria can scale. From livestock markets to tanneries, from footwear clusters to bag-makers and upholstery workshops, hundreds of thousands of Nigerians already depend on it.

    The problem is not that leather lacks employment potential, it is that too many of those jobs sit at the lowest-value points in the chain.

    Lagos’s Leather Hub Shows What Is Possible

    Lagos State’s new Industrial Leather Hub (Oluremi Tinubu Industrial Leather Hub) is the most serious attempt in decades to correct this fragmentation.

    According to Lagos State Government projections, once fully operational the hub is expected to:

    • Target about ₦387.5 billion (roughly US$250 million) in annual exports,

    • Support over 10,000 direct and indirect jobs, and

    • Provide training and upgrading for tens of thousands of artisans, with a focus on women and youth.

    If even a portion of this is realized in finished, globally competitive leather goods, Lagos alone would materially shift Nigeria’s export profile.

    But factories and hubs do not create industries on their own. They require supply discipline, quality systems, certification pathways, and serious access to global markets.

    The Raw Material Constraint Is Not Cultural, It Is Industrial

    Nigeria has a unique and dangerous distortion: hides and skins diverted into local consumption as ponmo. The Raw Materials Research and Development Council (RMRDC) and other federal agencies have warned repeatedly that this practice is starving tanneries of quality raw materials and undermining the sector’s ability to scale.

    This is not about food culture. It is about industrial logic. No manufacturing sector can grow when its core input is unstable in quality and quantity.

    Federal policy has already acknowledged that leather is a multi-billion-dollar opportunity if properly industrialized. But that opportunity collapses if raw materials leak out of the value chain.

    Why 2026 Is a Make-or-Break Moment

    The warning signs are already visible in the trade data. Nigeria imports large volumes of finished leather products while exporting far less in value-added form. National Bureau of Statistics trade reporting for 2025 shows leather product imports running far ahead of exports, reinforcing that Nigeria is effectively funding other countries’ manufacturing instead of its own.

    This is not a marginal problem, it is structural.

    No Amount of Rhetoric Will Fix This

    The diagnosis is straightforward:

    • Nigeria already has the raw materials.

    • Nigeria already has the labour.

    • What it lacks is value-chain integration.

    That means:

    • Prioritizing finished leather goods over raw hides,

    • Enforcing quality, certification and export standards,

    • Aligning policy to measurable export outcomes, not slogans, and

    • Treating hides and skins as strategic industrial inputs, not casual by-products.

    If Nigeria executes on these fundamentals by the end of 2026, leather will become a true economic lever, creating jobs, exports and industrial depth.

    If not, it will remain what it has been for decades: a sector rich in promise, but poor in execution.

     

     

     

     

     

     

     

     

     

     

    Share. Facebook Twitter Telegram Email WhatsApp Copy Link
    Previous ArticleClimate Heritage: Anosike Inaugurates NiMet Meteorological Data Rescue Project
    Next Article Makinde Lied, I Wasn’t Consulted On Rotational Chairmanship Of Oyo Council of Obas – Alaafin

    Related Posts

    A Call To Action On Insecurity In Yorubaland

    Sponsor: temiday odeyinuMay 22, 2026

    Governor Uzodinma And The Constitutional Crossroads

    Sponsor: Okoi Obono-OblaMay 21, 2026

    2027 Elections: Is Nigeria Sliding Into One-Party Democracy?

    Sponsor: Ejuchegahi AngwaomaodokoApril 23, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How NSCDC Spent N169.4m to Feed 18,821 Personnel For Three Days During 2022 Ekiti Guber Polls

    Sponsor: Adeniyi Adedeji January 21, 2026

    Adifase High School Apata, Ibadan In Ruins

    Sponsor: Odeyinu temidayoJanuary 30, 2026

    Motor Vehicles Tinted Glass Permit: Streamlining Compliance And Combating Harassment

    Sponsor: Akinloye oyeniyi October 2, 2025

    Presidential Pardon For Kanu Will De-escalate Tension, Says House South-east Caucus 

    Sponsor: Adeniyi Adedeji November 24, 2025
    Don't Miss
    News

    Turnout During APC Presidential Primaries Mock Demonstration Of 2027 Elections – Yilwatda 

    Sponsor: Adeniyi Adedeji May 24, 2026

    The National Chairman of APC, Prof Nentawe Yilwatda described the turnout of the congresses…

    2027: Tinubu Emerges APC Presidential Candidate with 10.9m Votes 

    Sponsor: Adeniyi Adedeji May 24, 2026

    FG, Foundation Seek Digital Transition In Civil Service

    Sponsor: Obagah izuagie May 24, 2026

    Troops Eliminate 12 Terrorists In Borno

    Sponsor: Adeniyi Adedeji May 24, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest news from TheHintsNews.

    About Us
    About Us

    TheHintsNews is situated in the Federal Capital Territory, Abuja.
    It is an authoritative news publication that covers varieties of news items including; politics, sports business, health and entertainment. It is a hub and melting pot of different ideas.
    To be a distinct media organisation that can be relied on when it comes to accurate, balanced, incisive news reports.

    Facebook X (Twitter)
    Our Picks

    Turnout During APC Presidential Primaries Mock Demonstration Of 2027 Elections – Yilwatda 

    Sponsor: Adeniyi Adedeji May 24, 2026

    2027: Tinubu Emerges APC Presidential Candidate with 10.9m Votes 

    Sponsor: Adeniyi Adedeji May 24, 2026

    FG, Foundation Seek Digital Transition In Civil Service

    Sponsor: Obagah izuagie May 24, 2026
    Most Popular

    Holy Michael High School: A Citadel of Learning In Ruins

    December 28, 202422

    The Battle For The Soul Of Osun State

    Sponsor: Dr. Olayinka OlatunbosunSeptember 25, 2025

    2027: It’s In Nigeria’s Interest To Dodge Obi Bullet A Second Time – THISDAY Editor

    Sponsor: wale olawaleMay 6, 2026
    © 2026 TheHintsNews. Designed by WEBsolute.
    • Home
    • Editorial team
    • About us
    • Contact us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.