NGGeorge Onafowokan, Managing Director and CEO of Coleman Technical Industries Limited, emphasized the importance of technological investment and cross-industry collaboration in driving innovation and enhancing efficiency in Nigeria's energy sector. Speaking at the 25th NOG Energy Week Conference in Lagos, he highlighted how automation and digital systems have transformed manufacturing from labor-intensive to technology-driven. Onafowokan noted that Coleman's investment in technology has allowed the company to produce specialized products locally, including Variable Frequency Drive cables for an international oil company, which were previously imported. He argued that while adopting new technologies requires significant upfront costs, the long-term benefits include improved productivity, competitiveness, and profitability. Onafowokan urged stakeholders to prioritize investments in Manufacturing Execution Systems and foster collaborations to lower the barriers to technology adoption.
Bias read (Center): The article presents a business executive's perspective on the role of technology and collaboration in Nigeria's energy sector. It does not take a clear ideological stance or favor one political viewpoint over another. The content focuses on economic development and industry practices rather than on
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