Omatek Generated ₦1.5 Million in Nine Months Against ₦5.2 Billion in Liabilities

Nigerian hardware company Omatek generated just ₦1.5 million in revenue over nine months while carrying ₦5.2 billion in liabilities, a near-zero revenue position that illustrates the structural difficulties facing Nigeria's domestic hardware manufacturing sector. The figures represent a cautionary case study for investors and policymakers tracking local technology production.