EKEDC and Coleman Seek Tax Waivers for Cable Manufacturing

EKEDC (Eko Electricity Distribution Company) and Coleman Technical Industries Limited are urging the federal government to provide tax waivers to incentivize indigenous manufacturing in Nigeria. This request was made during a factory inspection at Coleman’s facility in Sagamu, Ogun State, led by EKEDC officials.

Georg Onafowokan, Managing Director of Coleman, alongside Executive Director Michael Onafowokan, showcased the company's manufacturing processes and infrastructure. Michael Onafowokan emphasized the firm's operational capacity, including its ability to generate its own electricity, ensuring uninterrupted production and maintaining product quality.

Engr. Mauric Osogbo from EKEDC expressed admiration for the facility and stressed the need for government support to sustain investments.

Engr. Henri Ukoh, head of distribution operations at EKEDC, noted Coleman’s growth as a significant industrial player and highlighted the importance of tax incentives to enhance local manufacturing competitiveness.

The EKEDC team concluded that sustained government support would enable Coleman to scale production, boost exports, and strengthen Nigeria's position in the global cable manufacturing industry.