Nigeria needs a functional papermill to end importation of printing raw materials, Chief Executive Officer of FAE Limited, Princess Funmilayo Okeowo, has said.
According to her, the country also needs a paper research institute and a forestry division.
She said: “We need to have a functional mill in the industry that will create backward integration. We also need a forestry division that will boost the industry.”
Mrs Okeowo spoke during a virtual briefing on innovative products by her company.
Founded over 40 years ago, FAE Limited is a leading corporate paper packaging company with a focus on envelope manufacturing and customisation, making over 100,000 premium products daily.
Okeowo said FAE envelopes guarantee confidentiality and security for correspondence, especially with the latest First Class and Tamper Proof brands.
The tear-resistant Tamperproof brand, she said, is FAE’s solution to the challenge of theft, fraud, and insecurity of valuable documents.
Okeowo said: “Our customers are our first point of reference. We listen. We pay attention to their needs and we let this drive the design of our products.
“FAE Limited combines basic local knowledge and international expertise with state-of-the-art, high-quality printing technology for the production of our envelopes which are second to none”
Chief Operating Officer, Mr Adeleke Adeleye, said the company will continue to focus on customer satisfaction and quality.
He said: “While FAE can boast of servicing 80 per cent of all Nigerian banks, several government agencies, bodies and parastatals, examination bodies and even INEC, amongst others, we continue to grow, thanks to the confidence our wonderful clients and distributors have invested into our business.”