The Federal Government has described the newly inaugurated Coleman Technical Industries Limited fibre optic cable factory in Ogun State as a major milestone that aligns with President Bola Tinubu’s ambition of transforming Nigeria into a $1 trillion economy.
Minister of Communications, Innovation and Digital Economy, Bosun Tijani, said the facility, the largest of its kind in Africa, represents a new phase in Nigeria’s industrial and digital evolution, highlighting the growing confidence of local investors in the nation’s economic reforms.
In a statement issued after the launch in Sagamu, Tijani said the factory would play a crucial role in supporting the government’s Project BRIDGE initiative, which aims to deploy 90,000 kilometres of fibre optic cable across the country to strengthen broadband penetration and digital connectivity.
“You can only imagine my excitement at the launch of this new and impressive facility, considering our ongoing effort to deploy 90,000 kilometres of fibre optic network across Nigeria through Project BRIDGE,” Tijani said. “The establishment of a factory capable of manufacturing this critical component right here at home by a local company is a truly significant milestone, and the timing could not be more perfect.”
He added that beyond serving Nigeria’s domestic needs, the plant will function as a continental hub, supplying fibre optic infrastructure to other African countries in the years ahead.
The minister praised Coleman’s management for what he described as a demonstration of long-term commitment to national development, industrial capacity, and the spirit of self-reliance.
“This factory will not only support the fibre needs of Project BRIDGE but also serve as a continental hub, supplying similar infrastructure projects across Africa,” he said. “A new Nigeria is indeed emerging — one built by those who believe in her potential, invest in her people, and produce proudly within her borders.”
Tijani also commended Ogun State Governor Dapo Abiodun for creating an enabling environment for industrial investment, noting that the state had become one of the most attractive destinations for manufacturing in Nigeria.
He further lauded President Tinubu for what he described as visionary leadership and bold reforms that have set the foundation for a more prosperous and competitive economy.
“President Bola Ahmed Tinubu, GCFR, has set Nigeria the ambitious target of becoming a $1 trillion economy and is backing it up with deliberate reforms,” Tijani said. “The progress we are witnessing today reflects the government’s commitment to building a nation of shared prosperity.”
Coleman Technical Industries Limited, which also marked its 50th anniversary during the event, has expanded its operations over the decades from producing electrical cables to advanced fibre optic solutions that serve both local and international markets.
The new plant, according to the company, is designed to increase local content in telecom infrastructure development, reduce dependence on imported fibre, and contribute to Nigeria’s digital transformation agenda.
