The hub is expected to create 10,000 direct jobs and position Lagos as the leather logistics capital in West Africa, according to a statement issued by Gboyega Akosile, special adviser on media and publicity to Lagos state governor Babajide Sanwo-Olu.
The facility will manufacture shoes, bags, belts, packaging bags and other leather products.
The hub would also provide solutions for micro, small and medium enterprises (MSMEs) struggling to meet bulk orders due to limited equipment and capacity, the statement said.
Tinubu said the hub aligned with President Bola Tinubu’s ‘Renewed Hope Agenda’ to accelerate diversification through industrialisation, digitisation, creative arts and manufacturing, according to domestic media reports.
Sanwo-Olu said the hub, when fully operational, is expected to generate more than $250 million annually in export turnover, while over 150,000 artisans would benefit from training and start-up support to boost productivity.
The governor vowed to expand the leather hub through continuous infrastructure upgrades, linking it to fashion districts, e-commerce platforms and rail services.
ALCHEMPro News Desk (DS)
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