Lagos has projected annual export earnings of N387.5 billion from the newly inaugurated Industrial Leather Hub once it becomes fully operational, Gov. Babajide Sanwo-Olu said.
The governor made the disclosure on Saturday at the commissioning of the facility in Matori, Mushin, adding that the hub would position Lagos as the leather logistics capital of West Africa, according to the News Agency of Nigeria (NAN).
He described the project as a crucial step in Nigeria’s efforts to diversify the economy beyond oil.