Coleman, owned by Nigeria's wealthy Onafowokan family, is now the biggest cable maker in West Africa
Coleman Technical Industries ranks sixth in Africa and first in West Africa, chairman Solomon Onafowokan said at its new headquarters opening.
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Coleman Technical Industries ranks sixth in Africa and first in West Africa, chairman Solomon Onafowokan said at its new headquarters opening.
George Onafowokan says the CBN could start cutting from 26.5% within two meetings, after Coleman spent $20 million generating its own electricity.
Coleman Technical Industries managing director George Onafowokan says Nigeria's $1 trillion economy target by 2030 is achievable but hinges entirely on manufacturing, affordable power and patient capital.
Coleman has spent more than $20 million on gas-fired power generation while paying $8.70 per unit for gas, its managing director said.