Dr. Adefunke Soyibo: 19 Years On, Betting Big on Affordable Furniture at HNK Interiors

Dr. Adefunke Soyibo, the founder and CEO of HNK Interiors and HNK Designs Centre, recently inaugurated a new manufacturing facility and design center in Lekki, Lagos. The launch event, blessed by Senior Pastor Ituah Ighodalo of Trinity House, marked a significant milestone for the company, underscoring Nigeria's capacity for local design, manufacturing, and ambitious growth within the furniture sector.

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Five years after that, we realised that the space was no longer conducive. It was becoming rather too small. And we were not able to achieve as much as we wanted to.

After 19 years in the interior design business and five years venturing into manufacturing, HNK is making a strategic pivot towards local production. The company's core objectives are to scale up its manufacturing capabilities, shorten delivery timelines, and ensure that quality furniture remains affordable for the average Nigerian consumer. This focus on 'Made in Nigeria' products is a direct response to the economic realities of rising exchange rates, which make full importation increasingly prohibitive.

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We decided it was time to move into a more purpose-built space where we will be able to express ourselves more. Our turnaround time can be faster. And above all, to be able to express ourselves better.

Soyibo explained that the move to a larger, purpose-built space was essential to accommodate HNK's growing ambitions. The previous facility had become too small, limiting their ability to express creativity, keep pace with interior design trends, and showcase their local manufacturing output effectively. The new center is designed to enhance their creative expression, expedite turnaround times, and better display their locally produced items.

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A good 90% of what you see here, we made at the HNK Interiors factory. We’re trying to promote the Made in Nigeria business.

Approximately 90% of the items showcased in the new Design Centre, including kitchen cabinets, walk-in closets, and wall panels, are manufactured at the HNK Interiors factory. While some components like foldable plywood and specific fabrics are still imported, the final assembly and finishing are done in Lagos. This approach allows HNK to maintain high quality while ensuring affordability, a crucial balance for the Nigerian market. Rattan lampshades, for instance, are sourced locally before being styled and sprayed in-house, further emphasizing the commitment to local sourcing and production.

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If we are going to keep up with importation alone, we won’t be able to meet up. A lot of people won’t be able to afford our stuff.