MicCom Cables and Wires, Nigeria’s pioneering indigenous cable manufacturing company, has unveiled plans to venture into the production of High Voltage (HV) cables and other advanced cable products. This strategic move is set to address critical gaps in Nigeria’s energy infrastructure while positioning the country as a competitive player in the global energy manufacturing sector.
The announcement was made by Mrs. Bukola Adubi, Chief Executive Officer of MicCom and President of the Cable Manufacturers Association of Nigeria (CAMAN), during the 13th Practical Nigerian Content (PNC) conference held in Yenagoa, Bayelsa State. The conference, themed “Defining the Next Frontier for Nigerian Content Implementation,” brought together industry leaders to discuss strategies for advancing local content development in Nigeria.
A $30 Million Investment to Transform Nigeria’s Cable Manufacturing Sector
Mrs. Adubi revealed that the expansion project, valued at $30 million, is already in progress. The initiative includes significant upgrades to MicCom’s manufacturing facilities, such as factory renovations, the installation of state-of-the-art machinery, and the construction of a dedicated HV cable production facility. She emphasized that the project is expected to be completed within six months, enabling the company to meet growing local and international demand for high-quality cables.
High Voltage cables are essential for transmitting electricity at elevated voltage levels, ranging from 33/110kV to ultrahigh levels exceeding 110kV. These cables are critical for ensuring the reliability, safety, and efficiency of industrial and utility-scale energy systems. By producing HV cables locally, MicCom aims to reduce Nigeria’s reliance on imports, enhance energy infrastructure resilience, and support the country’s industrial growth.
Strengthening Nigeria’s Economic Diplomacy Through Local Manufacturing
The expansion aligns with MicCom’s broader mission to strengthen local manufacturing capacity and enhance Nigeria’s economic diplomacy within the African market. During the PNC conference, Mrs. Adubi moderated a panel session titled “Nigerian Content Beyond Borders,” where she advocated for increased support for indigenous businesses to scale their operations and boost foreign exchange earnings through exports.
Panelists, including industry leaders such as Abdulmalik Halilu (Director at NCDMB), Engr. Wole Ogunsanya (Chairman of PETAN), and Dr. Doyle Edeni (Group Managing Director of Blue Seal Energy Group Inc.), discussed key challenges hindering cross-border trade and local production capacity. These challenges include regulatory bottlenecks, documentation hurdles, and logistical constraints.
The discussions also highlighted the need for greater standardization to ensure Nigerian products meet global benchmarks, thereby enhancing their competitiveness in international markets. Panelists called for stronger collaboration between industry and academia to nurture a skilled workforce capable of driving future innovations.
Addressing Systemic Barriers to Growth
Despite the significant opportunities in Nigeria’s manufacturing sector, regulatory inconsistencies, restrictive trade policies, and limited access to funding remain major barriers to growth for many businesses. Panelists urged stakeholders to address these systemic issues by implementing reforms that reduce the cost of doing business and encourage the export of locally manufactured products.
They also emphasized the role of large industry players in supporting smaller enterprises, fostering an inclusive growth model that benefits the broader economy. Initiatives such as the Nigerian Oil and Gas Park Scheme (NOGaPS) were highlighted as critical for supporting emerging businesses and facilitating exports.
MicCom’s Legacy of Excellence in Cable Manufacturing
Established in 1978, MicCom Cables and Wires has consistently delivered high-quality cables and wires to local and international markets, capturing a significant share in the West African sub-region. The company’s $30 million investment in HV cable production reinforces its commitment to excellence and its role as a leader in Nigeria’s cable manufacturing sector.
This expansion not only strengthens Nigeria’s energy infrastructure but also aligns with the broader goal of achieving sustainable energy security and economic growth across the region. By producing HV cables locally, MicCom is paving the way for a more resilient and self-sufficient energy future for Nigeria and beyond.
Conclusion
MicCom’s foray into High Voltage cable production marks a significant milestone in Nigeria’s industrial development. With its $30 million investment, the company is set to transform the country’s energy infrastructure, reduce reliance on imports, and enhance Nigeria’s competitiveness in the global market. As MicCom continues to lead the way in indigenous manufacturing, its efforts underscore the importance of local content development in driving sustainable economic growth.
This strategic expansion is a testament to MicCom’s unwavering commitment to innovation, quality, and national development, setting a benchmark for other Nigerian businesses to follow.
