Tag: Coleman Wires

  • ‘How we transform from a trading unit to manufacturer with 7,700 jobs’

    ‘How we transform from a trading unit to manufacturer with 7,700 jobs’

    Indigenous cables manufacturer, Coleman Wires and Cables Industries Limited, has highlighted its remarkable journey from a trading outfit in 1975 to a manufacturing giant that currently supports over 700 direct and 7,000 indirect jobs, with plans to triple this figure within two years.

    The company’s Managing Director, Mr. George Onafowokan, who made this known at a press conference ahead of its golden jubilee celebration in October 2025, reaffirmed its position as Nigeria’s foremost indigenous cable manufacturing company, celebrating 50 years of innovation, resilience, and contribution to national development.

    “Our commitment to quality, innovation, and local content is unmatched in the West African region,” Onafowokan said, adding, “We have consistently supported national infrastructure growth with world-class electrical and telecommunications cables.”

    He reeled out the company’s expansion milestones, including the commissioning of West Africa’s first XLPE medium/high-voltage cable plant and fibre-optic facility, both located in Nigeria.

    Onafowokan added that Coleman’s manufacturing capacity now includes 390,000 tonnes of copper, 108,000 tonnes of aluminium, and an expanding fibre optic output projected to reach nine million fibre kilometres annually.

    While pointing out that “Our Sagamu and Arepo plants are now among the largest in sub-Saharan Africa,” he unveiled the company’s newly completed continuous casting smelter—the first in Nigeria—capable of producing 10,000 tonnes of copper and 3,000 tonnes of aluminium annually, with plans to double the capacity.

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    Despite the company’s achievements so far, he expressed concerns over regulatory bottlenecks, particularly the delay in signing the 2025 tariff policy guidelines.

    “We missed out on the 2024 tariff measures. The last update was in 2023. We expect the President to sign the 2025 tariff guidelines this month. It is critical for the manufacturing sector,” he said.

    He also called for gas pricing reforms, lamenting that manufacturers like Coleman, which operate embedded gas-powered power plants, pay as high as $8 per thousand cubic feet, while exporters pay far less.

    Onafowokan pointed out that “Power accounts for 40 to 60 per cent of our production cost,” insisting that “We shouldn’t be penalised for investing in energy security. It must be a level playing field.”

    Coleman’s embedded 28MW gas power plant supplies energy across its production sites, enhancing efficiency and supporting logistics with over 40 new electric forklifts.

    As Chairman of the Manufacturers Association of Nigeria (MAN), Ogun State Chapter, Onafowokan urged stronger implementation of local content policies and cross-border trade support under the African Continental Free Trade Area (AfCFTA).

    “We are among the few family-run Nigerian companies with an ‘A’ rating from Agusto & Co and Global Credit Rating. Our facilities meet international standards including ISO and CE certifications,” he added.

    The company’s export footprint now includes Ghana, Niger, Togo, and Cameroon, with ambitions to meet over 50 per cent of Africa’s cable and fibre optic demand.

    “We want the market to know that Coleman does not cut corners. We are fighting counterfeits and protecting our standards. We actively support national projects in railway, transmission, real estate, and oil and gas,” Onafowokan stated.

    He also celebrated Coleman’s recent recognition at the 2025 NOG Energy Week with the Nigerian Content Contribution Award and reaffirmed its commitment to social responsibility through education, youth empowerment, and technical training.

    Looking ahead, he said: “We are investing in renewable energy solutions, broadband infrastructure, and smart grid technologies. Coleman is here for the long game. Support Nigerian manufacturing—choose quality, choose Coleman.”

    In the area of Corporate Social Responsibility (CSR), Onafowokan revealed that Coleman Wires and Cables has invested over N1 billion in road infrastructure within the Arepo community in Ogun State, where the company’s factory is located.

    “Over 700 million invested in a Physiotherapy Centre at Ogun State Teaching Hospital, as well as the adoption of the primary school in Arepo and Iwalepe (Sagamu) where the factories are located”, he said.

  • Product adulteration worries Coleman Wires

    Product adulteration worries Coleman Wires

    Even before the arrest of two Lagos Island businessmen, Ikenna Ibezim, 24, and Ifeanyi Okezie, 20, for allegedly adulterating Coleman wires and cables, the management of Coleman Wires and Cables Industries Limited had raised alarm over the escalating menace of product adulteration in the industry.

    The Company’s Managing Director (MD), Mr. George Onafowokan, made this known at the company’s inaugural Stakeholders Engagement with Distributors, during which he urged distributors to collaborate with the company in combating the menace.

    Onafowokan, while emphasising that tackling product adulteration remains Coleman’s top priority for the year, with a strategic focus on eliminating the menace entirely, reaffirmed its commitment to maintaining the integrity of its products and ensuring that only authentic Coleman cables reach the market.

    The suspects, Ibezim and Okezie, were apprehended by operatives of the Zone 2 Police Command, Lagos, following a formal complaint from Coleman Wires and Cables Industries Limited.

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    The company accused them of flooding the market with substandard products fraudulently disguised as genuine Coleman products.

    Police investigations revealed that the counterfeit operation not only misled unsuspecting buyers but also posed serious safety risks and damaged the brand’s reputation.

    The illicit operation was uncovered on March 19, 2025, when Coleman’s representatives identified the fraudulent activities and promptly reported the matter to Assistant Inspector General of Police (AIG), Adegoke Fayoade.

    Acting on the AIG’s directive, a police task force raided the suspects’ operational bases at 29 Idolowo Market and 4 Sagbemi Street, Lagos Island, leading to their arrest.

    Following an investigation led by ASP Akin Akinwoola, Ibezim and Okezie were arraigned before the Igbosere Magistrate’s Court, Tinubu, on a two-count charge of conspiracy and product adulteration—offences that violate Sections 411 and 160(a) of the Lagos State Criminal Law, 2015.

    Despite pleading not guilty, the court ordered their remand at the Ikoyi Correctional Centre pending the fulfillment of their bail conditions.

    The case has been adjourned for further hearing as law enforcement agencies intensify efforts to clamp down on economic crimes and counterfeit goods in Lagos State.

    Commending law enforcement agencies, the Coleman MD applauded Police AIG Fayoade and the Inspector General of Police for their dedication to protecting Nigerian businesses from unscrupulous criminals seeking to profit from the hard work of others while endangering lives.

    The Coleman MD further appealed to Nigerians to report any suspicious activity or suspected fraud to the nearest police station or state office to curb the spread of counterfeit products and protect the economy.