NESG: Adubi calls on Nigeria to leverage economic potential for industrial growth

• MicCom Cables and Wires CEO, Bukola Adubi, looks to Nigeria to harness its growth potential
• She revealed at a recent event that Nigeria needs to face its challenges while harnessing its vast potential
• She also highlighted the urgency of skills development, particularly in technical and vocational education.

Bukola Adubi, CEO of MicCom Cables and Wires, has called on Nigeria to urgently harness its vast economic potential to drive industrial growth and transformation.

Speaking at the 30th Nigeria Economic Summit in Abuja, themed “Collaborative Action for Growth, Competitiveness and Stability”, Adubi emphasized the need to face the country’s economic challenges head-on.

Adubi urges Nigeria to harness growth potential

She moderated a high-profile CEO roundtable with industry heavyweights such as Tola Adeyemi, CEO of KPMG West Africa; Farouk Gumel, vice president of Tropical General Investment Group (TGI); and Winifred Isichei, CEO of Bonita Foods.

Also read

FG secures financing to establish new bank and names beneficiaries

The roundtable theme – “The Path to Rapid Industrialization”, explored strategies to improve Nigeria’s industrial sector and the collaborative actions needed to achieve sustainable growth.

Highlighting the need to celebrate Nigeria’s achievements and promote confidence in local capabilities, Adubi stressed that harnessing the nation’s strengths could create a ripple effect, positioning Nigeria as a leading industrial power in Africa.

“A critical takeaway from the discussions was the need for our country to celebrate our successes, trust our capabilities and capitalize on our strengths. By doing so, we can trigger a multiplier effect that will propel Nigeria to become the continent’s industrial powerhouse,” Adubi noted.

She also underscored the urgency of skills development, especially in technical and vocational education, as a critical solution to overcoming obstacles hindering Nigeria’s industrialization.

Also read

CHOGM 2024: Shettima will represent Tinubu in Samoa, presidency releases new details

In closing remarks, Adubi expressed great pride in Nigeria’s potential and called for continued efforts to establish the nation as a beacon of success across Africa.

MicCom cables under Adubi

Under Adubi’s leadership, MicCom Cables & Wires Ltd, Nigeria’s first indigenous cable manufacturing company, founded in 1978, has become a leading producer of high-quality cables and wires for local and international markets. The company holds a considerable market share in West Africa.

In addition to his role at MicCom, Adubi is president of the Cable Manufacturers Association of Nigeria (CAMAN). She firmly defends the industrial sector, seeing it as a critical driver of Nigeria’s economic development.

“A thriving industrial sector not only creates jobs, but also drives infrastructure development and improves living standards in local communities. It is also key to boosting intra-African trade,” Adubi noted in a recent interview.

Nigerian cable manufacturer breaks new record

Legit.ng previously reported that in a groundbreaking achievement, MicCom Cables has emerged as a pioneer among Nigerian cable manufacturers by obtaining two additional international certifications: ISO 14001:2015 for Environmental Management System (EMS) and ISO 45001:2018 for Healthcare Occupational and Safety Management System (SGSSO).

Also read

Sanwo-Olu salutes BATN Foundation and stakeholders for their commitment to empowering smallholder farmers

With this addition, MicCom Cables now has a comprehensive set of all three ISO standards integrated, setting a new standard of excellence in the industry.

The company’s COO, Olubukola Adubi, commended the company’s achievement and said MicCom Cables does not intend to compromise on security.

Source: Legit.ng