In a move that could become a major boost to the Nigerian economy, a syringe manufacturing company in the country is set to export its products to Germany.
The company, Jubilee Syringe Manufacturing Ltd, is based in Akwa Ibom State, Nigeria’s South-south.
Owned by a Turkish national, Onur Kumral, Jubilee Syringe Manufacturing Ltd is one of the several industries attracted to Akwa Ibom State by Governor Udom Emmanuel’s administration.
“We applied for CE certification. CE certification is the standard of Europe and we are hoping to get it before the end of this year. We have all the qualifying stuff. A German company requested syringes from us but we need those certifications,” the CEO of Jubilee Syringe, Mr Kumral, said
Mr Kumral sees the deal between the Jubilee Syringe and the German firm as a “revolution” waiting to happen, for the Nigerian economy.
“It is not easy to get those EU certifications in Africa. That would be a reverse back policy. It strikes a revolution. We would love you to witness that one with us.
“When the first container is loading, we will all witness it. This is huge because it is reversing back. That is a huge revenue for the country in terms of exchange rate. That is an important milestone that we targeted in the last two years,” he said.
Mr Kumral said the syringe company is working on raising its production capacity from 400 million capacity per year to between 800 million or one billion. “We will, hopefully, do that at the end of 2022,” he added.
Apart from Jubilee Syringe, the Turkish businessman and investor also owns a flour mill, Kings Flour Mill and a construction company, VKS Construction Ltd, in Akwa Ibom.
