Bukola Adubi, CEO of MicCom Cables and Wires, recently made a compelling call for Nigeria to prioritize the rapid harnessing of its vast economic potential in driving industrial growth and transformation.
During her address at the 30th Nigerian Economic Summit in Abuja, which bore the theme “Collaborative Action for Growth, Competitiveness, and Stability,” Adubi stressed the importance of directly tackling the country’s economic challenges.
As the moderator of a prominent CEO Roundtable, Adubi led discussions with influential figures such as Tola Adeyemi, CEO of KPMG West Africa; Farouk Gumel, Vice Chairman of the Tropical General Investment (TGI) Group; and Winifred Isichei, CEO of Bonita Foods. The roundtable focused on “The Path to Rapid Industrialisation” and explored strategies aimed at enhancing Nigeria’s industrial sector while identifying the collaborative efforts necessary for sustainable growth.
Adubi highlighted the need for Nigeria to celebrate its achievements and build trust in its local capabilities, asserting that by leveraging the nation’s strengths, Nigeria could position itself as a leading industrial power in Africa. “One critical takeaway from the discussions is the necessity for us as a nation to recognize our successes, trust in our abilities, and capitalize on our strengths. This could spark a multiplier effect that propels Nigeria to become the industrial powerhouse of the continent,” she remarked.
Furthermore, she underscored the urgency of skills development in technical and vocational education, which she identified as a vital solution to the barriers hindering Nigeria’s industrialization.
In her closing statements, Adubi expressed her deep pride in Nigeria’s potential, urging sustained efforts to establish the nation as a beacon of success within Africa. Under her leadership, MicCom Cables & Wires Ltd, recognized as Nigeria’s first indigenous cable manufacturing company founded in 1978, has emerged as a major producer of high-quality cables and wires for both local and international markets, holding a significant market share in West Africa.
In addition to her role at MicCom, Adubi serves as President of the Cable Manufacturers Association of Nigeria (CAMAN) and is a passionate advocate for the manufacturing sector, which she sees as crucial to Nigeria’s economic development. “A thriving manufacturing sector not only creates jobs but also drives infrastructural development and improves living standards in local communities. It is also instrumental in boosting intra-African trade,” Adubi emphasized in a recent interview.
