Lagos: FAE Ltd., a prominent player in envelope manufacturing and paper packaging, has introduced ‘Ecofine’, an eco-friendly copier paper brand aimed at promoting environmental sustainability and reviving Nigeria’s paper industry. Mrs. Layo Bakare-Okeowo, the CEO of FAE Ltd., announced the new initiative during an event in Lagos commemorating the 2026 World Envelope Day.
According to News Agency of Nigeria, the annual event, celebrated every April 16, underscores the economic significance of the paper industry and the enduring importance of physical documents in communication. Bakare-Okeowo emphasized that Ecofine paper adheres to global environmental standards, offering machine-friendly characteristics and superior print quality, reflecting the company’s commitment to sustainability.
She highlighted the necessity of a healthy environment as a driving force behind the introduction of eco-friendly paper, responding to global sustainability concerns. FAE Ltd. is dedicated to bolstering local production and minimizing Nigeria’s reliance on imported paper products, recognizing the untapped economic potential within the country’s paper industry.
Bakare-Okeowo pointed out that Nigeria’s paper sector remains underdeveloped, with few operational paper mills, contrasting with countries like Egypt that boast a more robust industry. She urged for increased investment to harness paper production’s economic prospects, noting the high market value of paper.
Addressing stakeholders and government, she called for supportive policies to rejuvenate dormant paper mills and foster new investments. Bakare-Okeowo also warned against the trend towards a fully paperless society, citing the indispensability of paper for communication and documentation, particularly in rural settings.
Mr. Leye Kupoluyi, President of the Lagos Chamber of Commerce and Industry, echoed these sentiments, highlighting the paper industry’s multi-billion naira potential and the need for urgent revitalization. He noted that paper remains crucial across sectors, from education to manufacturing, and emphasized the industry’s role in supporting economic activities and business operations.
Kupoluyi concluded that strengthening Nigeria’s paper industry would significantly contribute to the nation’s economic development.