
Ponmo Consumption Threatens $5 Billion Leather Industry – FGN
Ponmo Consumption Threatens $5 Billion Leather Industry – FGN The Federal Government has warned that the continued consumption of hides and skins, popularly known as ponmo, poses a serious threat to Nigeria’s leather industry, currently valued at about $5 billion. Speaking at the National Campaign Against the Consumption of Ponmo held on Thursday in Abuja, the Director-General of the Raw Materials Research and Development Council, Prof. Nnanyelugo Ikemounso, said the practice deprives local industries of vital raw materials needed for leather production and export. Ikemounso disclosed that the Nigerian leather goods market was valued at $2.79 billion in 2024 and…









