Coleman Technical Industries Limited has earned industry recognition for its backward integration strategy. The Manufacturers Association of Nigeria commended the company during a recent visit.
During the inspection of its Sagamu facility in Ogun State, MAN praised the company’s progress. The visit highlighted its investments in wires, cables, and infrastructure development.
According to MAN Director-General Segun Ajayi-Kadir, the strategy strengthens Africa’s industrial value chain. He explained that African countries must focus on value addition. Instead of exporting raw materials, industries should process resources locally.
Furthermore, he described Coleman as a leader within Nigeria’s manufacturing sector. He also called the company a champion for industrial growth and innovation. As a result, MAN expressed interest in building stronger partnerships.
Ajayi-Kadir noted that Ogun State remains a key manufacturing hub in Nigeria. The state continues to attract investors and expand industrial capacity. Additionally, the factory tour revealed Coleman’s expansion into telecommunications and power sectors.
The company’s growth plans extend beyond Nigeria into other African markets. This move aligns with regional integration and economic collaboration goals. Therefore, it supports broader industrial development across the continent.
In response, Chairman Solomon Onafowokan appreciated the recognition and visit. He stated that the inspection offered valuable insight into the company’s operations. Moreover, he emphasized the importance of partnerships in driving growth.
Ultimately, Coleman aims to strengthen local manufacturing and support economic development. Its strategy continues to position it as a key player in Africa’s industrial future.
