Chemical and Allied Products PLC (CAP PLC), one of Nigeria’s leading manufacturers of paints and coatings, has been named Paint Company of the Year at the Africa Housing Awards, a recognition that places the company at the centre of conversations around quality, innovation and growth in Nigeria’s housing and construction sector.
The award was presented at a well-attended ceremony held in Abuja, where industry stakeholders, developers, policymakers and professionals from across the built-environment ecosystem gathered to celebrate organisations making measurable impact. CAP PLC emerged winner after a rigorous assessment process conducted by a panel of respected industry judges, who reviewed performance across product quality, innovation, governance, market presence and contribution to the development of the housing sector.
Organisers of the Africa Housing Awards said the platform is designed to recognise companies and individuals whose work continues to shape Africa’s housing industry through ethical business practices, quality delivery and long-term impact. CAP PLC’s selection reflects its strong footprint in Nigeria’s decorative and industrial coatings market, as well as its long-standing reputation as a reliable partner to developers, contractors and homeowners.
CAP PLC is widely known in Nigeria’s paints and coatings industry for combining global technical standards with strong local expertise. With more than 70 years of experience, the company has built a solid portfolio of products used in residential housing, commercial buildings and industrial facilities across the country. Industry observers note that this consistency has helped the company maintain relevance despite changes in consumer preferences and market conditions.
Reacting to the recognition, the Managing Director of CAP PLC, Mr. Bolarin Okunowo, described the award as an important validation of the company’s values and people. According to him, the honour reflects the hard work, professionalism and dedication of employees across all levels of the organisation.
“Being named Paint Company of the Year is a strong validation of the dedication and professionalism that defines CAP. It reflects the collective efforts of our people and our commitment to delivering quality, world-class solutions that meet the evolving needs of our customers and stakeholders,” Okunowo said.
He added that while the company is proud of the recognition, it remains focused on driving excellence, sustainability and long-term value for Nigeria’s housing and construction industry. He also noted that innovation and responsible corporate citizenship remain central to CAP PLC’s strategy.
CAP PLC operates across decorative, industrial and protective coatings, offering solutions designed to meet the needs of modern construction. Its decorative paints are widely used in homes and offices, while its industrial and protective coatings support factories, infrastructure projects and specialised facilities. These products play a role in improving durability, safety and aesthetics within the built environment.
The company’s brands have become familiar names in the Nigerian market, supporting both small-scale housing projects and large commercial developments. By working closely with distributors, architects, builders and real estate developers, CAP PLC has positioned itself as a key player within the construction value chain.
Analysts say awards such as this highlight the growing importance of quality materials in Nigeria’s housing sector, especially as the country continues to face a housing deficit and rising demand for durable, cost-effective building solutions. Paints and coatings are increasingly seen not just as finishing products, but as essential components that protect structures, extend building life and improve environmental performance.
The recognition also comes at a time when stakeholders in the real estate and construction industry are placing more emphasis on sustainability. CAP PLC has, over the years, invested in improved manufacturing processes and product development aimed at reducing environmental impact while maintaining performance standards. This approach has helped the company align with global trends while addressing local market realities.
Industry watchers believe the award further strengthens CAP PLC’s position as a forward-looking company with the capacity to adapt, innovate and grow. It also reinforces its image as a trusted Nigerian brand contributing to nation-building through support for housing development and infrastructure growth.
As Nigeria’s construction sector continues to evolve, companies like CAP PLC are expected to play an important role in shaping outcomes through product quality, innovation and responsible business practices. The Africa Housing Awards recognition adds to the company’s profile and signals continued confidence in its ability to deliver value across the housing and built-environment ecosystem.
