FG Plans $1bn Venture Fund To Scale Up Leather Industry

The Steering Committee on the Strategic Implementation Plan of the Leather and Leather Products Policy, alongside the Director General/Chief Executive Officer of the Nigerian Institute of Leather and Science Technology (NILEST), held a crucial high-level advocacy meeting with the Minister of State for Industry, Senator John Enoh to discuss the creation of a $1bn Leather Industry Venture Fund to scale up the sector

The meeting also served as a platform to discuss key policy recommendations, including increased government involvement in fully actualising the Leather Policy and inclusion of the leather sector in national MSME survival programs.

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