₦airaland Forum

Richtaiwo:
Here he goes again with another dubious claim. Aba footwear surpassing Nigeria’s oil revenue? If that were true, what is stopping them from fully pursuing such a lucrative venture?

This fraud needs to learn to distinguish between fantasy and reality, because Nigerians are far more concerned with facts than with superficial claims that can convince a baby goat.

Richtaiwo:
Here he goes again with another dubious claim. Aba footwear surpassing Nigeria’s oil revenue? If that were true, what is stopping them from fully pursuing such a lucrative venture?

This fraud needs to learn to distinguish between fantasy and reality, because Nigerians are far more concerned with facts than with superficial claims that can convince a baby goat.

Richtaiwo:
Here he goes again with another dubious claim. Aba footwear surpassing Nigeria’s oil revenue? If that were true, what is stopping them from fully pursuing such a lucrative venture?

This fraud needs to learn to distinguish between fantasy and reality, because Nigerians are far more concerned with facts than with superficial claims that can convince a baby goat.

Karlman:
Oil itself would become outdated in future.

yarimo:
After increasing poverty rate as governor of small anambra state that is not up to a LGA in Niger state.

Gotocourt:
Do begin with, is there a thriving textile company in ABA How about a thriving leather manufacturing?

OlujobaSamuel:
Smiles, this dude is high
Using textile and fabric to rival oil sector
The only thing that can come close to natural resources is talent, because the pricing is arbitrary, so a footballer or musician can be paid a ridiculous amount that is not determined by market value, same can't be said of any goods

callthefred:
So you want duty free import? Where is your brain. You're not even saying Abia should be making those raw materials locally to help create more jobs. The same import that destroyed jobs over the years is still what your advocating and you think you understand how an economy should be ran??

brain54:
Listening to him one would think he was never governor of a state...


Too much talk...so he keeps shooting himself in the foot that's why they said his glory is finished. Nobody takes him seriously anymore!

jodellgroup:
All those you making noise that Aba Garment and leather industry can rival Nigeria oil and gas revenue. here is a breakdown of China revenue from garment and leather sector.
China’s garment and leather sector generates an annual turnover exceeding ¥4 trillion (approx. $560 billion USD), making it one of the largest contributors to the country’s manufacturing and export economy. The garment industry alone accounts for more than ¥3.5 trillion, while leather and footwear add another ¥500–600 billion.

📊 Breakdown of China’s Garment & Leather Sector
Segment Estimated Annual Turnover (2025–2026) Key Notes
Garment & Apparel Manufacturing ¥3.5–3.7 trillion China remains the world’s largest apparel producer and exporter, though growth has slowed as the industry shifts toward sustainability and technology.
Leather & Footwear ¥500–600 billion Includes leather goods, footwear, and accessories. China is the largest global exporter of shoes and leather products.
Combined Sector Total ¥4.0–4.3 trillion (~$560–600 billion USD) Represents ~10% of China’s total manufacturing output.
🚀 Key Drivers of Turnover
Exports: China supplies over 30% of global apparel exports, with major destinations including the U.S., EU, and Japan.

Domestic Market: Rising middle-class demand for fashion and footwear boosts retail sales.

Technology & Sustainability: Increasing investment in automation, eco-friendly fabrics, and digital supply chains.

Leather Footwear Dominance: China produces over 12 billion pairs of shoes annually, accounting for more than half of global output.

⚠️ Challenges & Risks
Slowing Growth: Export growth has plateaued due to competition from Vietnam, Bangladesh, and India.

Environmental Pressure: Leather tanning and textile dyeing face stricter regulations due to pollution concerns.

Labor Costs: Rising wages in coastal provinces push manufacturers inland or abroad.

Global Trade Tensions: Tariffs and trade restrictions (especially with the U.S.) can impact turnover.

🌍 Global Context
China’s garment and leather sector turnover dwarfs competitors:

India: ~$150 billion USD

Vietnam: ~$50 billion USD

Bangladesh: ~$45 billion USD

This dominance ensures China remains the world’s fashion and leather manufacturing hub, though diversification and sustainability are reshaping the industry’s future.

Why Nigeria makes around
Nigeria Oil & Gas Export Revenue (2025)
Segment Export Revenue (USD) Change vs. 2024 Notes
Crude Oil $31.54 billion ↓ $5.31 billion (-14.4%) Decline due to weaker global oil prices and production challenges.
Natural Gas $10.5 billion ↑ $1.85 billion (+21%) Strong growth driven by LNG exports and rising demand in Europe/Asia.
Refined Petroleum Products ~$6.1 billion ↑ modestly Reflects Nigeria’s push to expand refining capacity.
Total Oil & Gas Exports $48.17 billion ↑ $2.66 billion (+5.8%) Overall growth despite crude oil decline.

if INDIA, VIETNAM and BANGLADESH can make the following from garment and leather sector India: ~$150 billion USD

Vietnam: ~$50 billion USD

Bangladesh: ~$45 billion USD
So there is a high possibility Aba Garment and Leather sector can make average of over $50 billion dollar in annual revenue if our leaders provide an enabling environment.

With over 1,000,000 people in Aba involved in the Garment and leather sector on subsistence manufacturing, imagine the government providing an enabling environment like steady power, industrial cluster, import ban from China and increasing the manufacturing and production capacity of this 1 million people to manufacture for West Africa market.

Segunbabba:
https://punchng.com/abas-garment-footwear-industry-can-rival-oil-revenue-peter-obi/

Richtaiwo:
Here he goes again with another dubious claim. Aba footwear surpassing Nigeria’s oil revenue? If that were true, what is stopping them from fully pursuing such a lucrative venture?

This fraud needs to learn to distinguish between fantasy and reality, because Nigerians are far more concerned with facts than with superficial claims that can convince a baby goat.

Amumaigwe:
China's leather work Export in 2025 was $32.8 billion, France $13.1billion , Italy $12.3 billion.

On the other hand, total Nigeria's oil export in 2024 is $32.91 billion.

This information might help to guide your submissions.

Richtaiwo:
Here he goes again with another dubious claim. Aba footwear surpassing Nigeria’s oil revenue? If that were true, what is stopping them from fully pursuing such a lucrative venture?

This fraud needs to learn to distinguish between fantasy and reality, because Nigerians are far more concerned with facts than with superficial claims that can convince a baby goat.

Tenses:
Open your mouth let me feed it to you.

Segunbabba:
https://punchng.com/abas-garment-footwear-industry-can-rival-oil-revenue-peter-obi/

YoungBlackRico:
As usual.

mrvitalis:
Because of government useless policy on fabric importation... Making aba made wears uncompetitive globally

I have made the analysis here severally

Aba can generate 60 billion dollars from garment and lather industry

YoungBlackRico:
As usual.