Nnewi, Anambra state is once again in the news and
this time it is because of a well-researched story
written by journalist Eromo Egbejule for Forbes
Africa on the number of billionaires in the town.
Nnewi has possibly bred more billionaires than any
other town in Africa and is nicknamed the Japan of
Africa.

According to Forbes Africa, these are 10 of the most
prominent naira billionaires from Nnewi, in no
particular order:
1. Cletus Ibeto
Cletus Ibeto is the chairman of the Ibeto Group.
According to Wikipedia, he started out as a spare
parts import dealer, after spending some time as an
apprentice in the motor parts business, a gradual
step taken by many eastern traders.
In March 1988, he stopped direct importation of lead
acid automotive battery and plastic motor
accessories after completing his factory in Nnewi. By
1995, The Ibeto Group had become one of the largest
auto spare parts manufacturing outfits in the
country.

2. Cosmas Maduka
Dr Cosmas Maduka according to his website is the
founder, President/CEO of Coscharis Group. He
started Coscharis Motors as a one-man business and
over the years has transformed it into one of the
largest car dealerships in Nigeria that deals in BMW,
Jaguar, Range Rover and Rolls-Royce.


3. Innocent Chukwuma
Dr Innocent Ifediaso Chukwuma started trading in
spare parts under the name of Innoson trading
Nigeria Ltd in 1981.
It now produces sport utility vehicles, commercial
buses and passenger cars at the first indigenous
assembly plant in Nigeria.

4. Gabriel Chukwuma
Gabriel Chukwuma is the owner of former club side,
Gabros International FC, and ex-Vice Chairman of the
Nigeria Professional Football Association.
He is also the elder brother of Innoson who began
business as a patent medicine dealer.

5. Alexander Chika Okafor
In 1981, Chief (Dr) Alexander Chika Okafor, founded
Chicason Group of Companies. A-Z Petroleum and
other of his products are now household names in
Nigeria.

6. Augustine Ilodibe
Late Augustine Ilodibe pioneered the interstate
luxury bus transport service; for years, he was the
sole importer of these buses.
After helping organize vehicles for the Biafran side
during the civil war, he established the hugely
popular Ekene Dili Chukwu Transport, his main cash
cow and later diversified into brewery and
agriculture.

7. Ifeanyi Ubah
Due to the inability of his parents to cater for the
educational and material needs of their needs,
Ifeanyi dropped out of Okongwu Memorial Grammar
School, Nnewi, Anambra State to learn trade at a
young age.
In 2001, he founded Capital Oil and Gas Limited
which has since gone on to become one of the
largest distributors of petrol products around Nigeria
with a combined capacity to berth 3-6 vessels
simultaneously and 32 loading arms.
He is the founder of The Authority Newspaper, a
Nigerian daily newspaper and also the owner of
Ifeanyi Ubah F.C., a football club in the Nigeria
Premier League.

8. Louis Onwugbenu
A profile by The Guardian of him in 2016 said:
"Born into economic challenges 63 years ago, the
intellectually promising young Louis had to forgo his
education midway at the outbreak of the Nigerian
civil war in 1967.
"He later started business in 1972 by selling of bolts
and nuts, oil filters and plugs with the meager capital
from his parents.
"It was his resilience that propped him on till he
graduated into the importation of auto spare parts
and rose above his peers in almost all respect.
"Between 1972 and 1977 when his extra hardworking
started paying off, he became one of the few pioneer
traders that made weekly shuttles to motor/
motorcycle spare parts markets at Idumota, Lagos directly under the Carter Bridge; hence he was
nicknamed ‘Louis Carter Bridge.’"
The headquarters of his conglomerate sits in the
Carter Industrial Estate, spanning many acres in
Nnewi.


9. Obiajulu Uzodike
Engr Gilbert Obiajulu Uzodike, founding Chairman/
CEO of Cutix Plc was born on March 25, 1949, in
Nnewi, Anambra state.
Founded in 1982 by Gilbert Obiajulu Uzodike, after
returning from a stint with Raychem Corporation in
the United States, Cutix has today grown in leaps and
bounds, becoming a multi-award winning
manufacturer of electric and telecoms cables, making
it one of the best-performing indigenous companies
quoted on the Nigerian Stock Exchange (NSE).


10. Odumegwu Ojukwu
Late Odumegwu Ojukwu, reportedly Nigeria's first
black billionaire, and founding president of the
Nigerian Stock Exchange, was knighted by Queen
Elizabeth II.
The royal honor came after he helped the British
during World War II with his fleet of trucks. He was
so wealthy that during the Queen's. visit in 1956, she
was chauffeured around in his Rolls-Royce apparently the only one in the country at the time -
on the request of the colonial administration.
Profiled in September 1965 by TIME magazine,
Ojukwu made his money by importing dried fish for
resale, and diversifying into textiles, cement and
transport. When he died a year later, his wealth was
an estimated $4 billion in today's economic value.
His son, Chukwuemeka Odumegwu, who also ended
up a billionaire, returned from Oxford University at
22 with a Master's degree in History and led his
fellow Igbos into the Nigerian civil war as head of the
secessionist state of Biafra in 1967.

International rogues

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GMBuhari:
International rogues

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Ofspring of hate..mtsheew!

Yet nnewi dnt have steady light,good roads,water and the only build mansions for themselves but how come ojukwu bcum billionaire