Question 1
- 
        
Explain any five economic importance of leathercraft to the Nigeria economy.
 
Observation
The candidates were expected to provide the following answers to score higher marks.
(i)         Employment generation: the practice of  leather craft in any location or country creates jobs for skilled, semi-skilled  and unskilled workers, thereby reducing the rate of unemployment in the  country.
  (ii)        Foreign exchange earner: through the  exportation of leather and finished leather articles, the Nigerian economy is  able to generate foreign exchange to help boost the economy.
  (iii)       Industrial growth: the leather craft  industry in Nigeria has and is still contributing immensely to the growth of  the gross domestic products of the country through the production of hides,  skins and other leather products.
  (iv)       Source of raw material: the leather  industry is a ready source of raw materials for the manufacturing sector of the  Nigerian economy by making hides and skins readily available.
  (v)        Income generation: the leather craft  industry is a major source of income for various workers and the government  through taxation generated from the industry.
  (vi)       Acquisition of skills for the teeming  population of youths: the leather industry is one of the major channels through  which skills are acquired by the teeming population of youths and this has  greatly reduced the crime rate in the country.
  (vii)      Tourism:   leather goods and their production sites attract tourists thereby  generating revenue.
  (viii)     The leather goods industry has also boosted  internal and external trade.