A Ghanian firm plans to establish a wiring and transmission equipment factory in Lagos this month to improve power supply in Nigeria.
Roy Quartey Papafio, the Chief Operating Officer, Reroy Group, told The Nation, during an energy forum in Lagos, that Nigeria was chosen because of its large market.
In his words: “We are already doing business in Nigeria. We have clients in the country, but we are looking at a situation whereby we would operate fully in the country. We have done a market survey to know our clients and what they need. The aim is to satisfy the needs of our customers.’’
He said the company would support contractors in the power distribution chain, the same way it did for contractors in Ghana.
According to him, the plant will, at the onset, create direct jobs for 100 persons and provide thousands of indirect jobs.
He said, ‘’We want to invest in Nigeria, share competencies in such a way that we would contribute our quota to the development of the country. Often times, we look for skills abroad.
He added, ‘’Unknown to many of us, there are enough skills in Nigeria and other African countries. We have capacities that are under-utilised in Nigeria and other countries. Once Africans start investing in their continent, they would build skills and create jobs.’’
Papafio said Nigeria and other countries needed regional cooperation to develop.
- The Nation