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We’ll invest more in cable industry – Coleman MD

The Managing Director of Coleman Wires and Cables, Mr. George Onafowokan has expressed confidence in building more investment in Nigeria than divesting to another country.…

The Managing Director of Coleman Wires and Cables, Mr. George Onafowokan has expressed confidence in building more investment in Nigeria than divesting to another country.

He disclosed this in a statement while reacting to why Coleman Company doesn’t receive awards without any cogent reasons being attached to it.

Onafowokan stressed that not everybody will leave the country despite the economic downturn in the country as investing in the cable business is very important.

“Not all of us have to run away from Nigeria, some have to wait to develop the country by investing. So that people that have run away from Nigeria will have something to fall back on.”

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He also promised more investment in the sector, saying the scoop is getting bigger with the huge population of over two million people.

“Today, we are proud to say we have the biggest cable company in sub-Saharan Africa, and based on what we are producing in the Sagamu factory, we will be the biggest manufacturer of cable in Africa.”

He further assured Nigerians that the company will not rest on its oars in producing high-standard quality and affordable cables that will place Nigeria on a pedestal of greatness.

“We don’t want to be seen collecting meaningless awards for sponsorship’s sake. We believe we are to be awarded based on what we have done or our precedent. For us in Coleman, it’s all about local content, and capacity building. Everything we do here is 100 per cent indigenous. We are proud to say that we make quality affordable products being made in Nigeria.”

 

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