Consumption Of Ponmo By Nigerians, Reason For Poor Leather Industry – FG Says, To Ban It

September 20, 2022
Buhari To Be Buried Tuesday 
FILE PHOTO: Nigerian President Muhammadu Buhari speaks during a news conference after a meeting with his South African counterpart Cyril Ramaphosa, in Pretoria, South Africa, October 3, 2019. REUTERS/Siphiwe Sibeko//File Photo - RC2O5M9QBQHV

The Director-General of Federal Government Parastatal, Nigerian Institute of Leather and Science Technology, Muhammad Yakubu, has blamed the consumption of animal skin, ponmo, for the poor state of the leather industry in the country.

As a result, the Federal Government is proposing legislation to ban the consumption of ponmo, a report by The Cable disclosed on Monday. Yakubu said in a bid to save the nation’s economy, ponmo consumption should be stopped.

Join our WhatsApp Channel

He said it also doesn’t have nutritional value, so the Nigerian Institute of Leather and Science Technology will demand for the ban of ponmo through legislation and support of the National Adsembly and State Governments.

Yakubu said the Institute will collaborate with stakeholders to draft the legislation, “To the best of my knowledge, Nigerians are the only people in the world that overvalue skin as food, after all, Ponmo has no nutritional value.” He said.

The DG added that, “At one point, there was a motion before the two chambers of the national assembly, it was debated but I don’t know how the matter was thrown away.”

He explained that ponmo will no longer be available if the leather industry becomes active, “If we get our tanneries, our footwear and leather production working well in Nigeria, people will hardly get pomo to buy and eat.” Yakuba stated.

According to him, when implemented fully, it would turn around most of the comatose tanneries and ginger greater output in production.

+ posts
Previous Story

CBN Approves New MD, CEO, Sirajo Salisu, For Jaiz Bank

Next Story

Everton Opens Contract Extension Talks With Iwobi’s Representatives

Featured Stories

Latest from Business

Black Market, Official Window Dollar Rates' Gap Widens To N127 After BDCs Hike USD Price

Dollar Rate Increases To N1,366/$ In Official Market

On Thursday, February 5, N1,366.05 per dollar was the official rate for the United States (US) currency in the Nigerian foreign exchange market (NFEM), rising above the N1,358.28 kobo per $1 reported on Wednesday, February 4. This represents a N7.72 kobo increase

Nigerian Stock Market Cap Hits N109.12trn — up by N1.26trn

The Nigerian Exchange (NGX) said the bourse’s market capitalisation increased from N107.86 trillion, recorded on Wednesday, February 4, to N109.12 trillion on Thursday, February 5, representing an increase of N1.26 trillion. NGX said the all-share index (ASI) expanded by 1,975.18 basis points
John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

NGX Market Cap Rises By N1.36trn, Traders Exchange N20.56bn Shares

The market capitalisation of the Nigerian Exchange (NGX) increased by N1.36 trillion to N107.86 trillion on Wednesday, February 4, up from the N106.49 trillion reported on Tuesday, February 3. Also, the all-share index (ASI) appreciated to 168,030.18 ASI, from 165,901.57 ASI, representing a
Previous Story

CBN Approves New MD, CEO, Sirajo Salisu, For Jaiz Bank

Next Story

Everton Opens Contract Extension Talks With Iwobi’s Representatives

Don't Miss

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

How Stock Market Reacts To Tinubu’s Victory

Hours after Bola Ahmed Tinubu of the All Progressive Congress
Deeper Life High School Student, Umeh Nkechinyere Tops 2023 UTME

Deeper Life High School Student, Umeh Nkechinyere Tops 2023 UTME

Umeh Nkechinyere, a sixteen-year-old student from Deeper Life High School,