By Gwurld4026 
Addressing Nigeria’s N23bn Loss from Hide and Skin Industry
Minister of Livestock Development, Mukhtar Maiha, has revealed that Nigeria incurs an annual loss of approximately ₦23 billion and 700,000 potential jobs due to the widespread consumption of animal hides and skins, locally known as ‘ponmo’. Speaking at a ministerial briefing in Abuja on Friday, February 21, 2025, Maiha emphasized the economic and health implications of this practice. He noted that the consumption of ‘ponmo’ not only deprives the leather industry of essential raw materials but also poses health risks, including potential exposure to cancer-causing agents due to improper processing methods.
Maiha outlined a strategic plan to elevate Nigeria’s livestock market from its current valuation of $32 billion to $74 billion by 2035. This initiative aims to harness the full potential of the livestock sector, including the leather industry, to stimulate economic growth and job creation. Key priorities include increasing livestock production, improving animal health, ensuring food security, promoting inclusivity, and enhancing governance and regulatory frameworks.
To achieve these objectives, the ministry has established partnerships with international investors, agencies, and diplomatic missions. These collaborations are designed to secure technical expertise, funding, and investments necessary to transform Nigeria into a regional and global hub for livestock production and export.
The minister’s remarks underscore the need for a cultural shift in dietary habits and increased awareness of the broader economic and health impacts associated with ‘ponmo’ consumption. By redirecting hides and skins from consumption to industrial use, Nigeria stands to gain significant economic benefits and job opportunities within the leather industry.