To consolidate on its achievements and its extensive presence in Nigeria, Omatek Computers, the leading Nigerian computer manufacturer, is to invest billions of naira on a new factory in the country.
The company, which turned 25 last December, remains the only quoted computer company on the Nigeria Stock Exchange. It has led the increasingly competitive Nigerian ICT market as the only company in East, West and Central Africa that produces computers and casings from completely knocked down (CKD) components sourced from the highest grades of manufacturers to give all Omatek computers the requisite world-class standards comparable to any other foreign brand.
Omatek exited the SMEIS scheme through a Private Placement undertaken by former Afribank Capital which eventually culminated in the company being listed as the first Computer Company on the Nigerian Stock Exchange in July 2008, since then the Omatek Factory has come up with various initiatives to drive and sustain the Minimum Order Quantity (MOQ) requirement of the First Class Manufacturers of Raw Materials.
One of such initiatives is the Omatek e-Xpress consumer scheme designed to assist Nigerians own computers through a convenient payment plan which spans between 12 – 24 months.
“Our new factory to takeoff immediately will include the new Solar Panel and the new LED bulbs and lighting factories. Our 24 hour Solar/Inverter/battery hybrid solution is a great innovation and is pioneered by Omatek and the first of its kind in Africa. This by itself is major income revenue to providing 24 hour light and power to homes, offices, schools, hospitals and hotels among others,” said Florence Seriki, managing director/CEO Omatek Ventures Plc
“It will interest you to know that Lighting and Power Solutions were provided via this solution in conjunction with special Omatek LED bulbs. These Bulbs last three to Five years without maintenance and our regular 42W Flourescent bulbs had been reduced to 9W for 2ft and 13W for 4ft bulbs; thus reducing consumption by over 85%” added Seriki to affirm the additional focus at the new factory.
Tidying up on its financials with funding instruments from offshore and local partners, Omatek, which recorded over a billion naira turnover last year from not just its existing computer products but also from its newly innovating products such as the 24 hour Solar/Inverter/battery Hybrid Solutions sold to schools, offices and homes, said it was re-kitting its financial base to enable it consolidate and expand its portfolio of services available through its Consumer Scheme Finance and Omatek Resource Centres.
Since it entered the competition, Omatek has grown to become one of the continent’s leading brands. Omatek opened a factory in Ghana over years ago as part the company’s pan-African vision. Omatek has won global accolade and got the endorsement of the International Telecommunications Union (ITU) about four years ago as a driver of technological change in Africa . From software giant Microsoft, it got recognised as the No.1 PC manufacturer in the West and Central Africa (WECA) region.
Omatek with strong performance record in Nigeria’s public sector was described about six years ago by then President Olusegun Obasanjo as a product of “vision and resilience,” during the official launch of the Omatek brand in Nigeria by the former president in Aso Villa, Nigeria’s seat of power. Describing Omatek as a testimony that government’s policy of having a private sector led economy was working, Chief Obasanjo said Omatek had proven that the capacity to join the information society was readily available and all that was needed was governments to create an enabling environment for the private sector to drive the needed change as the Nigerian government had done. According to Obasanjo, Omatek has created a benchmark for other enterprises.
Omatek to Build Multi-Billion Naira Factory in Nigeria
