• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, May 9, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Coleman Wires Seeks Increased Investment In Cable Infrastructure

by Olushola Bello
2 months ago
in Business
coleman wires
Share on WhatsAppShare on FacebookShare on XTelegram

The managing director of Coleman Wires and Cables Industries Limited, Mr. George Onafowokan, has called for more investment in the cable infrastructure to drive sustainable development in Nigeria.
He emphasised the critical role of cable infrastructure in national development, urging Nigeria to prioritize investments in the sector.

Advertisement

Speaking at the 2025 Nigerian International Energy Summit (NIES) held in Abuja, Onafowokan highlighted that 15 per cent of global infrastructure spending is linked to ‘Cable’, underscoring the sector’s significance.

“Infrastructure spending is crucial, especially in industries like mine, which impact everyday life. Cable infrastructure is essential even in classrooms, yet Nigeria does not prioritize cable infrastructure the same way it does petroleum or cement,” he stated.

Onafowokan stressed the need for strategic allocation of the Nigerian Content Intervention (NCI) funds to bridge critical infrastructure gaps.

He pointed out that projects such as FPSOs, power plants, houses, and data centres all depend on robust cable infrastructure to support the oil and gas industry.

RELATED

Kwara Govt Distributes Tractors, Inputs To Farmers

Kwara Govt Distributes Tractors, Inputs To Farmers

1 hour ago
Airtel Nigeria Doubles Investment To Deepen Network Coverage, Drives Digital Inclusion

Airtel Nigeria Doubles Investment To Deepen Network Coverage, Drives Digital Inclusion

7 hours ago

While acknowledging the progress made by the Nigerian Content Development and Monitoring Board (NCDMB) through initiatives like the Nigerian Content Law, Onafowokan challenged other agencies to complement these efforts.

“The NCDMB has made significant progress, but what are other institutions doing to enhance this? We must ensure that both direct and indirect investments are channelled into key infrastructural developments,” he said.

Onafowokan noted that stakeholders in the energy and infrastructure sectors are calling for more localised investments to drive sustainable development in Nigeria.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Coleman Cables
SendShareTweetShare
Previous Post

Losing Streak Persists As Equities Decline By N365bn In 1 Week

Next Post

TotalEnergies Sustains Offshore Operations To Boost Revenue For Nigeria

Olushola Bello

Olushola Bello

You May Like

Kwara Govt Distributes Tractors, Inputs To Farmers
Agriculture

Kwara Govt Distributes Tractors, Inputs To Farmers

2025/05/09
Airtel Nigeria Doubles Investment To Deepen Network Coverage, Drives Digital Inclusion
Business

Airtel Nigeria Doubles Investment To Deepen Network Coverage, Drives Digital Inclusion

2025/05/08
Understanding Rational Expectations In Financial Markets
Business

Understanding Rational Expectations In Financial Markets

2025/05/08
High Interest Rates: Manufacturers Spend N6.02trn On Debt Repayments
Business

High Interest Rates: Manufacturers Spend N6.02trn On Debt Repayments

2025/05/08
Ministry Approves N200,000 Minimum Wage For Shipping Sector Workers
Business

Blue Economy Policy Guide For Maritime Development – Oyetola

2025/05/08
1.6m Onions Bags Exported Without Record
Business

1.6m Onions Bags Exported Without Record

2025/05/08
Leadership Conference advertisement

Leadership Conference advertisement

LATEST

Adesina, Onanuga And The Matter Of Being Better Off

CONYL Honours CDS For Leading Charge Against Insecurity

Yahaya Bello: No Funds Transfer From Kogi Govt To Abuja School, EFCC Witness Tells Court

Herdsmen Kill Royal Father, Farmer In Benue

Benue Group Petitions Federal Gov’t Over Herdsmen Killings

Natasha: Group Urges Akpabio To Break Silence On Sandra Duru

Alleged Forgery: AGF Files Fresh Charges Against Lawyer, Others

Federal Gov’t Commissions N5.73bn Water Supply Scheme In Yobe

Ododo Urged To Construct Affordable Houses

Kwara Govt Distributes Tractors, Inputs To Farmers

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.