Coleman Technic's Backward Integration Strategy Praised

Coleman Technic Industry Limited has been commended for its effective backward integration strategy, which aims to strengthen the manufacturing value chain across Africa. During a visit by the Manufacturers Association of Nigeria (MAN) delegation to the company's factory in Sagamu, Ogun State, MAN's Director General, Segun Ajayi Kadir, emphasized the importance of this strategy in addressing the industrial capacity gap in Africa.

He noted that the continent should focus on processing and adding value to its natural resources rather than exporting them in raw form. Kadir described Coleman as a leader in Nigeria's manufacturing sector and a champion for industrial development.

Solomon Onafowokan, the Chairman of Coleman Technic Industry Limited, expressed appreciation for the visit, which allowed the delegation to better understand the scale of operations at the Sagamu plant. The visit underscored the need for deeper collaboration to strengthen Nigeria's manufacturing sector and highlighted the company's ongoing investments in telecommunications and power infrastructure.