Tag: cable industry

  • ‘NOGICD Act has been pivotal to cable industry growth’

    ‘NOGICD Act has been pivotal to cable industry growth’

    The Nigerian Oil and Gas Industry Content Development (NOGICD) Act has been instrumental in the growth and advancement of Nigeria’s cable manufacturing sector, the President of the Cable Manufacturers Association of Nigeria (CAMAN), Mrs. Bukola Adubi, has said.

    Adubi, who is also the Chief Executive Officer of MicCom Cables and Wires Limited, made this known while speaking at the just concluded 24th Nigeria Oil and Gas (NOG) Energy Week held in Abuja.

    Moderating a panel session on the “Impact of the NOGICD Act on the Ease of Doing Business and Cost Competitiveness,” at the event, Adubi emphasised that the legislation has created opportunities for indigenous cable manufacturers to thrive.

    “For my industry (cables and wires) we can absolutely and categorically state that the NOGICD Act has been pivotal in our growth,” she said.

    Since its enactment in 2010, she explained, the NOGICD Act has played a central role in promoting indigenous participation, skill development, and value addition in Nigeria’s oil and gas industry. She noted that recent policy actions, including Presidential directives and the “Nigeria First Policy,” have been introduced to reduce operational costs, attract investment, and stimulate local production.

    On the sidelines of the event, Adubi announced that MicCom Cables is scaling up its operations as part of a renewed growth strategy to increase visibility and market share across Nigeria. “We are expanding our scope and increasing our visibility across key markets within Nigeria,” she said, adding that the firm’s goal is to ensure that Nigerian-made cables are widely recognised for their quality and reliability.

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    Despite challenges such as the surging cost of copper, now nearing $10,000 per metric ton, she noted that the company remains committed to high production standards and brand integrity. “All we truly have, beyond infrastructure, is our name, our equity and our association with excellence,” she said.

    Adubi also stressed the importance of making International Oil Companies (IOCs) recognise the capabilities of Nigerian manufacturers, insisting that local content should translate into performance and global competitiveness.

    The CAMAN President encouraged more member companies to obtain the certifications required to participate in the oil and gas value chain, noting that some members already supplying to the industry are performing well and helping to boost confidence in local production.

    She further emphasised the urgent need for investment in gas pipeline infrastructure to enable industries to switch to cleaner and more efficient energy sources such as Compressed Natural Gas (CNG).

    “There’s immense potential in gas for industrial growth, but until the pipeline infrastructure is addressed, we’re limited in how much we can benefit,” she said.

    Established in 1978, MicCom is Nigeria’s first indigenous cable manufacturing company and holds triple ISO certifications in quality management, environmental management, and occupational health and safety.

    MicCom’s renewed domestic focus aligns with Nigeria’s drive to boost local manufacturing, reduce import dependence, and build globally competitive industrial brands rooted in strong local performance.

    The panel featured other key industry figures including Acting Director of Legal Services at the Nigerian Content Development and Monitoring Board (NCDMB), Barr. Naboth Onyesoh; Chairperson of the Petroleum Contractors Trade Section (PCTS) and Managing Director of Tenaris Nigeria, Rosario Osobase; and the Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, an engineer.

    The speakers collectively called for additional incentives such as tax reliefs to strengthen local manufacturing, warning that without a robust industrial base, Nigeria’s local content policy would remain largely symbolic.

  • MAN seeks growth of cable industry

    MAN seeks growth of cable industry

    The Manufacturers Association of Nigeria (MAN) has committed to enhancing the market penetration of Coleman Wires and Cable products across Africa.

    MAN Director-General Mr. Ajayi-Kadir gave the commitment during a recent tour of Coleman Wires and Cable Industries’ factories in Arepo and Sagamu, both in Ogun State.

    The MAN boss, accompanied by his team, expressed satisfaction with the capacity of the factories. “There is no doubt that we have witnessed one of the best wire manufacturing companies on the continent.

    “This gives us confidence that we are on the right track with respect to the industrial aspirations of our nation within Africa”.

    Ajayi-Kadir said MAN would do everything to support Coleman in whatever ways it needed its help.

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    Furthermore, he said the Economic Community of West African States (ECOWAS) Business Council would be launched by December this year, providing a platform for the private sector to address economic issues impacting African nations.

    “At the regional level, numerous protocols have been signed to support economic activities, but many of these are politically driven,” he said.

    He said the new platform would enable the private sector to engage directly with policymakers. “For instance, the president of the Business Council will be invited to meetings with Heads of State and Ministers, allowing us to resolve key issues,” he explained.

    Ajayi-Kadir also mentioned that one of the platform’s priorities would be to address barriers hindering cross-border value chains.

    He commended the company for its capacity to operate gas power electricity independently while also acknowledging the challenges faced by the manufacturing sector, particularly smuggling and dumping.

    The Managing Director of Coleman, Mr. George Onafowokan, expressed gratitude for MAN’s support.

    He said Coleman’s goal is not only to satisfy the local market but also to expand into other African markets and beyond.

    Onafowokan highlighted the difficulties of penetrating some African countries, including high tariffs and a lack of government support for local manufacturers.

    He said: “If we allow other countries to trade in Nigeria, why should it be difficult for us to access their markets? There is a need to address these market entry barriers.”

    He also stressed the importance of expanding capacity despite industry challenges, emphasizing that domestic companies are better suited to building a lasting legacy in Nigeria than Foreign Direct Investment (FDI).

    Onafowokan also said the company will celebrate its 50th year anniversary by next year which, according to him, is a big story of succession plan.

    “Coleman’s succession plan is proof that domestic investment can thrive, but unfortunately, many manufacturers lack such stories. We need support from MAN in terms of fiscal policy,” he said.