Connect with us


BIG STORY

FG To Establish Leather Factories Across 36 States, Says “It’ll Reduce Ponmo Consumption”

Published

on

The Nigerian Institute of Leather and Science Technology (NILEST) has announced plans to establish mini tanneries or factories in all states of the country to process hides and skin into leather.

Mohammed Yakubu, NILEST’s director-general (DG), shared the news in an interview with NAN on Sunday in Abuja.

Yakubu, who also serves as the chairman of the implementation committee for the national leather policy, emphasized the need for more tanneries to provide the necessary infrastructure and technology for proper leather processing.

He described leather as a significant national resource with the potential to generate foreign exchange and create massive employment opportunities.

“Nigeria is not unknown in the area of leather products. We used to have 84 leather industries and some even have branches in Italy and Spain,” Yakubu said.

“The Nigerian leather industry had branches in Europe. We want that to come back.”

According to the DG, the collapse of the leather industry was due to poor infrastructure. He stated that the institute and the policy implementation committee would continue to press the federal government for concessions, particularly in providing affordable power, to help the industries recover.

“It is not the issue of technology because NILEST is providing all the technical requirements for the Nigerian tanneries and Nigerian leather industry to make an impact in the world,” he said.

“We are not lacking that but poor infrastructure is what is hindering us, especially power which consumes over 50 percent of our production cost.”

Yakubu emphasized that for Nigeria to compete with global leaders like China, Brazil, and India in the leather industry, there must be a reliable and affordable power supply.

“There must be some concessions. We must provide cheap power to our industries, particularly the leather industries, for them to be able to compete with their foreign counterparts,” Yakubu said.

He also pointed out that the establishment of mini tanneries would help reduce the consumption of hides and skin in the country, as the number of industries currently in operation cannot absorb the excess products generated daily.

Animal skin is locally referred to as “ponmo.”

“We are eating the hides and skin as ponmo because if we don’t eat it, the available industries cannot mop all the hides and skin produced in Nigeria,” the DG explained.

“In Lagos State alone, they slaughter about 100,000 cows every day and there are only 48 industries that can buy and process the skin and convert it to leather.”

Yakubu noted that by reducing production costs, more industries would be able to emerge.

“The main problem is power. As far as I’m concerned, the issue of tax is secondary,” he said.

“What’s important is to employ our teeming youths and attract foreign exchange; therefore, whatever concession is given to the industries will never be a waste.”

“From the point of view of the leather policy, we are asking the government to take a look at the power component for our processing industries in Nigeria, because with this problem, it is not going to be an easy task for the industries to come back to life.”

“That is why we are planning to establish mini tanneries all over Nigeria; our campaign to make people stop eating Kpomo has gone far and wide.”

“We are aware that if people stop eating Kpomo, those people engaged in selling it will go out of business.”

“So in the interim, we, the institute, are going to have mini tanneries all over Nigeria, so that we buy the hides and skin, process it into leather and export the leather.”

Yakubu further revealed that the mini tanneries would process between one to five tonnes of leather each week from each cluster, particularly those areas where products could be made from the processed leather.

BIG STORY

Abia Governor Alex Otti Addresses Defection Speculation, Says “I Presently Have No Plan To Join APC”

Published

on

Alex Otti, the governor of Abia state, has denied claims connecting him to a potential defection to the All Progressives Congress (APC).

Reports had suggested that Otti recently met with Hope Uzodimma, the Imo governor, to discuss a possible move to the ruling party.

These claims emerged after Thursday’s national economic council (NEC) meeting at the presidential villa.

In a statement on Saturday, Ferdinand Ekeoma, special adviser to Otti on media and publicity, described the reports as “false, baseless and unfounded”.

The governor’s spokesperson stated that the alleged meeting was misrepresented and had no political significance.

“After the National Economic Council meeting on Thursday, April 24, Governor Otti and a few of his colleagues joined Governor Uzodinma to attend the birthday celebration of his twin daughters, an event that had nothing to do with politics,” he said.

Ekeoma suggested that Otti’s “rising profile and performance” as Abia governor might be fueling speculation and political projections from various sources.

He stated that decisions with long-term consequences would only be made in consultation with the people of Abia and the governor’s close associates.

According to him, Otti remains focused on governance and believes it is too early to allow 2027 politics to “distract from the mandate of service to Abians”.

“We wish to emphatically state that Governor Otti remains a member of the Labour Party and is presently not planning or discussing with anyone to defect to the APC or any other party,” he added.

In recent weeks, major opposition parties have lost several members to the ruling APC, with more governors and key party members reportedly planning to defect.

Continue Reading

BIG STORY

Osun Monarch, Pastor Plead Guilty To COVID-19 Fraud In US

Published

on

Oba Joseph Oloyede, the Apetu of Ipetumodu in Osun State, and Edward Oluwasanmi, a Nigerian pastor, have admitted guilt to charges related to COVID-19 relief fraud in the United States.

The two individuals could potentially face imprisonment.

It was gathered that Oba Oloyede, who works as an accountant and information system expert in the US, became the Apetu in July 2019.

The monarch and Oluwasanmi were apprehended in early 2024 for their involvement in a scheme to fraudulently acquire $4.2 million in COVID-19 relief funds.

They were charged with 13 counts, including conspiracy to commit wire fraud, wire fraud, conspiracy to defraud, money laundering, and engaging in financial transactions involving illegally obtained property.

They were brought before Justice Christopher Boyko of the US District Court of Ohio.

Court documents indicate that Oba Oloyede and Oluwasanmi, among others, fraudulently obtained $3.76 million from the US Paycheck Protection Programme and Economic Injury Disaster Loans scheme.

After approximately a year of legal proceedings, the two pleaded guilty to some of the charges and may be sentenced to prison.

On April 10, Oluwasanmi, through his lawyer Henry Hilow, pleaded guilty to counts one, 11, and 12 of the indictment.

These counts accused Oluwasanmi of using fraud proceeds to buy a commercial property at 422 South Green Road, South Euclid, Ohio, via wire transfer, and of transferring money into the Dayspring transportation brokerage account.

“Guilty plea entered to counts 1, 11 and 12 of the indictment. Plea agreement executed. Sentencing set for July 2, 2025, at 10am in Courtroom 9A. Defendant’s bond to continue with same conditions as previously ordered,” the court document stated.

On Monday, April 21, Oba Oloyede entered his guilty plea with the court.

The court scheduled Thursday, April 24, for the hearing of his pleas.

Continue Reading

BIG STORY

BREAKING: EFCC Arrests Famous Nigerian Musician Terry Apala For Naira Mutilation

Published

on

Justice Akintayo Aluko of the Federal High Court sitting in Ikoyi, Lagos, on Friday, April 25, 2025, remanded a musician, Terry Alexander Ejeh, otherwise known as Terry Apala, in a Correctional Centre for alleged “mutilation of the Naira notes.”

He was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, April 25, 2025, on a one-count charge of “mutilating the Naira notes.”

The charge reads: “That you, TERRY ALEXANDER EJEH, on the 5th day of January, 2025, at La Madison Place, Oniru, within the jurisdiction of this Honourable Court, whilst dancing during a social event, tampered with Naira notes issued by the Central Bank of Nigeria by marching on the same and you thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank of Nigeria Act, 2007.”

He pleaded not guilty to the offence when it was read to him. In view of his plea, the prosecution counsel, S.I. Suleiman, prayed for a trial date and also urged the court to remand him in a Correctional Centre.

The defence counsel, Felix Nwabuda, informed the court of a bail application dated April 23, 2025 and prayed the court for a short date for the hearing of the application.

“Whilst praying the court for a short date for the hearing of the bail application, I will be craving the indulgence of the court to release the defendant to the defence. “We undertake to produce him in court. He will not evade hearing. He came in from the United Kingdom on April 23, 2025; and on the invitation of the EFCC, he came on his own.”

The prosecution counsel, however, opposed the application, saying, “ the application is alien and unheard of.”

“I urge the court to afford us the opportunity to look at the application and respond properly so that the court can make a well -informed ruling,” he said.

In a short ruling, Justice Aluko refused the application of the defence. Justice Aluko adjourned till May 5, 2025 and ordered the remand of the defendant in the Ikoyi Correctional Centre pending the determination of the bail application.

Continue Reading



 

Join Us On Facebook

Most Popular