BAMIB, A Pencil Company To Raise Production By 18,650 Times
October 25, 2019
7:03 am
ToΒ scale up and compete favourably with foreign competitors, BAMIB Resources and Investment Company Limited is planning to raise its production of pencils to 18,650 annually, over its current level of 2.4million.
Managing Director of BAMIB, Muideen Ibrahim, who made the disclosure to the News Agency of Nigeria (NAN) in Abuja, however, appealed to the Federal Government to provide the facility and enabling environment for the company to expand its production.
The company, which started production on August 1, 2018, is the first indigenous pencil manufacturing company in Lagos State and second in the country. Currently, it produces 2.4 million …
