Nigeria’s president, Goodluck Jonathan, has called for the country to make better use of its raw materials, saying that the leathergoods industry is not large enough considering the nation’s abundance of hides and skin.

Mr Jonathan spoke at the Northern Economic Summit on 17 March, 2011, stating that the nation’s external reserve has grown from $32 billion as at November 2010 to $36 billion as at the end of February 2011.

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