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Nigerian Products Can Compete Globally – NLNG

Olushola Bello by Olushola Bello
3 weeks ago
in Business
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The managing director and chief executive officer of Nigeria LNG Limited (NLNG), Mr. Adeleye Falade, has said Nigerian-made products can compete globally when quality and value are demonstrated.

Falade stated this during a facility tour of Coleman Technical Industries Limited factories in Sagamu and Arepo, Ogun State, where he expressed surprise at the scale of the company’s operations.

He said NLNG was exploring opportunities to connect Nigerian manufacturers with international projects, including the construction of vessels for the company, stressing that local capacity had grown to a level where it could compete on the global stage.

The NLNG CEO described, “what he saw at the facilities as mind-blowing,” commending the company’s investment in machinery and equipment and the professionalism of its workforce.

He said the visit demonstrated what Nigerian businesses could achieve through sustained investment and commitment, describing Coleman’s facilities as a source of immense pride to Nigeria.

Falade said NLNG and Coleman already had a business relationship, adding that there were opportunities to expand the partnership beyond 2027.

“We are already in partnership. That partnership will only expand. There is scope; there is opportunity,” he said.

He said NLNG would continue to support opportunities that could grow Nigerian businesses, create employment and deepen local content, noting its commitment to promoting Nigerian capacity.

Also, the managing director and CEO, Coleman, George Onafowokan described Falade’s visit as an endorsement of the longstanding relationship between NLNG and Coleman, as well as NLNG’s commitment to local content development.

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He said Coleman had benefited from NLNG’s local content initiatives, including its participation in major NLNG projects such as Train 7.

Onafowokan said Coleman’s growth from a family-owned business into a multinational and generational company was driven by its belief in Nigerian talent and capacity.

He said the company’s story was ultimately “the Nigerian story” of a business built on the conviction that Nigerians could manufacture world-class products and operate world-class facilities from within the country.

Onafowokan thanked the NLNG CEO for the visit, saying the positive feedback would further encourage Coleman to invest in its people, facilities and capacity as it seeks to contribute more to Nigeria’s industrial development.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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