Wire and cable manufacturers Coleman Technical Industries Limited (CTIL) yesterday commissioned a localized fiber optic cable factory in Ogun State, which is the first in West Africa.
The multi-billion factory is the 5th factory on the African continent as the factory and technical know-how is made in collaboration with the world’s largest optical fiber producer, Corning Inc.
The Managing Director/Chief Executive Officer of CTIL, Mr. George Onafowokan revealed that the desire was to have a localized fiber optic manufacturer in Nigeria and in particular to provide employment to thousands of people.
The development, he said, was a response to President Buhari’s call for rapid development in the penetration of digitalization in the Nigerian economy and the desire to develop local content in the country’s capacity building, under the l impulse of the Nigerian Content Development and Monitoring (NCDMB).
He said, “This is neither the first nor the last, we are going to innovate on three times the size of this in Ogun State in the next three weeks which will take the size of the project. This will strengthen the capacities of this country; it will build capacity in West Africa, Central Africa and 50% of the entire African continent.
“This will make Coleman the largest fiber optic cable factory on the African continent. The synopsis of our company is based on the principle of believing in Nigeria and developing local capacity; build Nigerian ideology and break down barriers,” Onafowokan said.
He commended the Corning Inc. sales and technical team for their continued confidence and support in Coleman Wires and Cables on the project.
In his remarks, Director, Fiber Business in Europe, Middle East and Africa (EMEA) at Corning Inc. USA, one of the world’s leading materials science innovators, Mr. Steve J. Candler, revealed that there are a huge opportunity for content in Nigeria and neighboring countries resulting from the growing demand for bandwidth-intensive services, driven by changes in “the way we work, entertain and communicate with each other”.
Governor Dapo Abiodun of Ogun State, who commissioned the project, praised the company for its giant leap while assuring the continued support of his government.
Industry, Trade and Investment Minister Otunba Adeniyi Adebayo said the plant, he said, has finally positioned Nigeria to significantly meet the national demand for cables and yarns and provide the company with the opportunity to actively participate in the African Continental Free Trade Area (AfCFTA).