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Watch Nigeria > Blog > Guides & Explainers > Meet the enterprise leaders driving Nigeria’s fast-growing wires and cables business 
Guides & Explainers

Meet the enterprise leaders driving Nigeria’s fast-growing wires and cables business 

Last updated: December 26, 2025 3:40 am
Terfa Ukende
3 days ago
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Meet the enterprise leaders driving Nigeria’s fast-growing wires and cables business 
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For years, Nigeria’s wires and cables market was dominated by imports, manufacturers that have been low cost however typically ill-equipped to outlive the nation’s warmth, voltage fluctuations, and relentless load-shedding.

Each flicker of a light-weight or sparking socket instructed a narrative of cables that couldn’t sustain.

Quick ahead to at present, and a unique story is unfolding.

Indigenous producers are not on the sidelines; they’re on the coronary heart of powering houses, workplaces, factories, and telecom networks throughout the nation. From low-voltage wiring in flats to medium-voltage strains energizing industrial clusters.

Their rise is greater than a enterprise success; it’s a testomony to resilience and innovation. Competing towards imports, these entrepreneurs are producing ISO-certified, high-quality cables that meet worldwide requirements. They’re supporting building, actual property, and industrial development whereas serving to stabilize a grid that also struggles to maintain up with rising power calls for.

Nigerian wires and cables market is projected to develop at a 5.2% annual rate between 2025 and 2031, reflecting rising demand throughout residential, industrial, and utility sectors.

As Nigeria’s inhabitants grows, so does the necessity for housing, infrastructure, and industrial energy networks, making the position of those native producers much more central to the nation’s future.

This record focuses on Nigerian electrical energy wire and cable producers whose founders are publicly documented. Many gamers within the sector function with restricted visibility, making it tough to hint possession or management historical past

Listed here are the entrepreneurs driving Nigeria’s wires and cables business.

Leap to part

7. Founder, Coleman Wires and Cables-  Asiwaju Solomon Onafowokan 

Coleman Technical Industries Restricted, generally generally known as Coleman Wires and Cables, was based by Asiwaju Solomon Kayode Onafowokan, a Nigerian industrialist and entrepreneur. It is among the nation’s main indigenous electrical energy wire and cable producers.

Onafowokan is a seasoned administrator with over 50 years of company administration expertise. A former Deputy Chief Govt at Chellarams Plc, he presently chairs the Board of Coleman Technical Industries Restricted. He’s the rapid previous President of the Lagos Chamber of Commerce and Business (LCCI) and serves on the Boards of NACCIMA, NECA, and MAN.

He integrated the corporate on 1 July 1975, initially beginning with buying and selling operations earlier than transferring into manufacturing. Full-scale manufacturing of wires and cables started in 1996, with the primary manufacturing unit in Ikotun, Lagos.

The principal headquarters is situated in Lagos. Over time, the corporate expanded its manufacturing footprint to main manufacturing vegetation Arepo and Sagamu in Ogun State. The Sagamu advanced, which sits on greater than 350,000 sq. metres, additionally homes a smelting part with capability for 3,000 tons of aluminium and 10,000 tons of copper monthly. The brand new facility, stated to be the biggest of its form in Africa, is designed to supply as much as 9 million kilometres of fibre-optic cable yearly

Coleman produces a variety {of electrical} merchandise, together with residential wiring, medium- and high-voltage cables, communication strains, and fibre-optic cables. Its merchandise serve sectors together with building, actual property, industrial energy networks, and telecoms.

Coleman is ISO and SON/NIS licensed, and it has grown into one in every of West Africa’s largest cable producers. The corporate is understood for producing high-quality cables that adhere to worldwide requirements, providing a regionally made different to imported wires and supporting Nigeria’s energy and infrastructure growth.

Leap to part

7. Founder, Coleman Wires and Cables-  Asiwaju Solomon Onafowokan 


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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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