The Managing Director and Chief Executive Officer of Coleman Wires and Cables, George Onafowokan, tells BABATUNDE TUGBOBO about his career, in the cable and wire industryhave a Bachelor’s degree in Accounting and Finance, and a post-graduate diploma in Management and Information System. What informed your decision to study those courses?
Also, when we were older, he used to encourage us to come to his office and work part-time in those early days. Whenever we went there to work, we always got paid. But, we were made to work at the lower levels. He used to say that, “You need to be a follower before you can become a leader”. That was actually one of the things that encouraged me to study accounting because then, I used to work as an account clerk, filling ledgers and vouchers.
In 2014, we opened our factory, which was worth 30 million dollars under the local content law that drove us to do it.This industry is one of the only ones where standards are very strict in this country, especially for those who are members of the Cable Manufacturers Association. Nigeria-made cables and wires are of good standards. We don’t have a case of anyone buying made-in-Nigeria cables or wire and having their house burnt down.
Looking at the electricity problems in the country, do you think there has been any serious engagement in finding lasting solutions between investors like your company and the DISCOs?
*cabels or cables
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