In Nigeria, the Ogun State Governor, Prince Dapo Abiodun, inaugurated the country’s first fibre optic factory.
The event was attended by Otunba Niyi Adebayo, Minister of Industry, Trade and Investment and Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board, who pledged their support.
The factory, built by Coleman Technical Industries Limited in partnership with Fibre Business, is the fifth of its kind in Africa.
Speaking at the facility’s inauguration on Thursday, George Onafowokan, Chief Executive Officer of CTIL, described the project as a response to the call by the government for rapid development of digitalisation penetration in Nigeria and the drive for local content development.
“I must mention that it has not been an easy task to manoeuvre the processes of approval through our board of directors and our financial institutions led by Bank of Industry, who played a vital role in conceptualising this project to its commissioning,” he stated.
Prince Dapo Abiodun praised the Coleman CEO for the courage to embark on the project despite the challenges faced by manufacturers.
“As a state government, we are delighted to be a part of this history. It is worth noting that we are the first state to manufacture fibre optic cable in Nigeria. We are witnessing yet another example of numerous developments across the state, and these are no coincidences. They are all results of our deliberate, strategic and systematic approach to governance,” Abiodun said.
Abiodun further noted that his administration would continue to provide support and impetus to private enterprises in the quest to boost industrialisation and create employment opportunities for the people.
Adebayo was represented by the Director, Industrial Development Department of the Ministry, Mr Adewale Bakare, who highlighted that the newly commissioned factory had finally positioned the company to meet the demand for cables and wire in Nigeria.
“This factory is for the production of signal-transmitting cables for telecommunications for commercial and industrial uses. This is indeed a commendable achievement for the board, staff and management of Coleman Technical Industries Limited,” Bakare said.