The Managing Director of NIXIN Paper Mill, Eric Wang, highlighted the potential of Nigeria’s paper industry, comparing it with his hometown in China, with a population of just 300,000, supporting a paper factory that consumes over 20,000 tons monthly.
The Lagos Chamber of Commerce and Industry (LCCI) attracted over $60 million investment into the Nigeria’s pulp, paper and printing industry.
The investment was made recently by NIXIN Paper Mill , a Chinese company with a subsidiary in Ghana.
The Chairman, LCCI, Printing Publishing and Allied Group (PPA), Gabriel Okonkwo, disclosed this during a meeting with stakeholders at NIXIN Paper Mill Nigeria office at Sagamu , Ogun State.
Okonkwo said that as part of NIXIN Paper Mill’s commitment to the nation’s self-sustenance, the paper mill is concentrated on increasing production capacity, improving product quality, and expanding its product line to meet the growing demands of the Nigerian market, thereby reducing the country’s dependence on foreign paper products and contributing to the growth of the local economy.
The Managing Director of NIXIN Paper Mill, Eric Wang, highlighted the potential of Nigeria’s paper industry, comparing it with his hometown in China, with a population of just 300,000, supporting a paper factory that consumes over 20,000 tons monthly.
In contrast, Nigeria, with a population exceeding 200 million, recorded only 70,000 to 75,000 tonnes per month, a figure he believes should be much higher given the country’s educational and commercial demands.
“We see that over 80 percent of Nigeria’s educational and printing materials are imported from Asia,” Wang stated.
Business Manager, NIXIN, Williams Sun, echoed that Nigeria significantly underutilized its local paper production capacity, with many orders still going to countries like India and China.
He emphasized the significant investment NIXIN has made over $60 million and expressed frustration over the lack of returns, noting that one year into operations, the expected market response has yet to materialize.
Sun urged the government to support investors and take steps that will attract more players into the publishing and paper production space, which is critical for building a self-sufficient industry.
