is this a bug - does it cause any problem ?

Dunno. How should I call something which is wrong with the documentation and needs to be changed?

what i was asking was if that missing file is causing any
problems with the functioning of the system -

off-hand there are two possible resolutions to this bug report -
if the missing /usr/share/consolefonts file does not cause any
problems, then maybe /etc/conf.d/consolefont could be changed to
not mention it anymore; but if that file is important then
something it would require some investigation to find out what
to do about it

The missing directory does not interfere with the good functioning of the system.

The directory does not need to exist, apparently.

The link [1] mentions the existing `/usr/share/kbd/consolefonts/', and I would imagine that `/usr/share/consolefonts' needs to be replaced with that in the documentation. I was not brave enough to delete that directory or any of its files to test.

Thanks.

[1] https://wiki.manjaro.org/index.php?title=Make_GRUB_menu_%26_boot-up/down_fonts_bigger

Is it my imagination or is consolekit conspiciously absent.
pacman -Ss consolekit finds nothing. (but I done have an openRC vm rolled rith now)
nothing in [nonsystemd] seems to be creating it.
and it seems it'd be a big peice of the puzzle. (IIUC)

consolekit has been gone for years now - i could not find much
discussion about it; but 'elogind' is apparently providing that
functionality for openrc systems - if something in the system
is having a problem with 'consolekit'; megver may know best
how to fix it

from: https://labs.parabola.nu/issues/1817

Arch dropped extra/consolekit in 2012,
Megver83 deleted pcr/consolekit on 2018-04-19 

First remove consolekit-openrc, then install elogind

from: https://labs.parabola.nu/issues/2170

Nowadays, it means that you need to use a DM that supports
elogind. In my case, I use sddm-elogind (I'll update it and move
it to [nonsystemd] in some moment)

The consolefonts folder appears to be in different locations depending on which distribution you're on.
In Parabola's case it's /usr/share/kbd/consolefonts/
It is a small thing but I've opened a PR to modify the PKGBUILD to show the correct directory: https://pagure.io/abslibre/pull-request/48