The articles, the opinions, the stories, the poems and the cartoons Ovi magazine covers for Thursday December 8th, 2022
Leather and Leather Products a Game Changer for Forex Earnings by Kola King
The global trade value of the leather and leather products industry is estimated at USD 407.92 billion per year as of 2021. Also, leather goods are ranked among the 25 most traded commodities in the world, according to UNIDO. Yet Nigeria is not a key player in the production of hide-based leather despite the fact that it produces skins and hides in excess of 45 million pieces annually, according to industry reports. The value of export from Nigeria (2010 to date) ranges from USD 600- USD 800 million with over 40 million goat and sheep skins crossing the Nigerian borders annually. Leather produced was destined to the production of footwear, clothing, car leather upholstery and other leather goods.
According to Statista, in 2020, 30.3 percent of the global value of exported leather goods were realized by China, making the country the leading exporter for leather goods in the world. Italy and France represented the traditional European tanning industry, with respectively 17.8 percent and 14.8 percent of the global export value for this product. Other Asian countries, such as Vietnam and India also had a share of the global export value: Vietnam with 6.4 percent and India with 2.6 percent of the worldwide export value. The value of Chinese exports of leather shoes decreased from 13.75 billion U.S dollars in 2014 to 9.3 billion U.S dollars in 2017.
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How To Resolve a Self Contradiction #poem by George Cassidy Payne
“How To Resolve
a Self Contradiction
I pray to God
but don’t believe”
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Tang & Ram #52 #cartoon by Thanos Kalamidas
For more Tang & Ram, HERE!
For more Ovi Cartoons, HERE!
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