Meeting International Standards for a Competitive Edge in the Leather and Textile Industry.
The Importance of International Standards in the Leather and Textile Industry
The leather and textile industry is a significant sector in Nigeria’s economy, employing millions of people and generating substantial revenue. However, the industry faces numerous challenges, including the need to meet international standards to remain competitive in the global market. The Standards Organisation of Nigeria (SON) recognizes the importance of international standards in the leather and textile industry and is taking proactive steps to ensure that Nigerian products meet these standards.
The Benefits of International Standards
International standards provide a common language and framework for industries to operate within, ensuring that products meet minimum safety and quality requirements. In the leather and textile industry, international standards are crucial for several reasons:
Collaboration and Regulatory Bodies
The SON is collaborating with manufacturers, suppliers, and regulatory bodies to ensure that Nigerian leather and textile products meet international standards. This collaboration involves:
MSMEs drive the economy through employment, innovation, and contribution to GDP.
The Role of MSMEs in the Economy
MSMEs play a vital role in the economy of any country. They are the backbone of the economy, providing employment opportunities for millions of people. In the context of SON, MSMEs are recognized as drivers of the nation’s economy. This recognition is based on the fact that MSMEs are the primary source of employment and contribute significantly to the country’s GDP. Key contributions of MSMEs: + Employment generation: MSMEs provide employment opportunities for millions of people, both directly and indirectly. + Contribution to GDP: MSMEs contribute significantly to the country’s GDP, with many of them being the backbone of the economy. + Innovation and entrepreneurship: MSMEs are the drivers of innovation and entrepreneurship, with many of them being the first to adopt new technologies and business models.
The Importance of Stakeholder Involvement
The involvement of MSMEs and other relevant stakeholders in the standards development process is crucial. This is because MSMEs have a deep understanding of the challenges and needs of the industry, and their involvement ensures that the standards are relevant and effective. Benefits of stakeholder involvement: + Relevant standards: MSMEs’ involvement ensures that the standards are relevant and effective, addressing the specific needs of the industry.
“Local manufacturers are now producing high-quality leather goods, such as shoes, belts, and handbags that can compete favourably with international brands,” he stated.