Bifwoli:

But the Igbos are better businessmen overall ,these folks here might have 2 billionaires and the rest are 35m beggars but the Igbo are more level overall with lesser inequalities.

Realman87:


Who is the troll. Yolobats live everyday to Fight the Igbos, to Hide their Inferiority, To undermine their Progress, to Deny their contributions to national growth and to Measure up to the Igbos. But there are FEW Nigerians who KNOW a lot about the various Tribes and their strengths and who CANNOT be deceived by yoloba lies. I am one of such Nigerians. Yoloba INFERIORITY to IGBOS is a TRUISM.

Bifwoli:

But the Igbos are better businessmen overall ,these folks here might have 2 billionaires and the rest are 35m beggars but the Igbo are more level overall with lesser inequalities.

GoldNiagara:



First, if a company goes public and sells 10% of its shareholdings for billions of naira, why he still retain 90% , how does the 10% wrest ownership from him.You guys just run with incomplete data and draw conclusions with them, leading to hare brain ideas.

whitetiger511:
[s]Unlike, our brothers from the east who pull out untrue statements from their bombom,[/s] here's a link;

Www.lyst.com/shop/duroolowudresses

whitetiger511:


[s]If I didn't know Igbo people offline, I'd say all of you are stupid. [/s]

Do you really need this?

Please stop, I plead!

Jahel2:
JULIUS ADEWALE ADELUSI ADELUYI - Chairman/Ceo Juli Plc. Juli Plc was incorporated on September 14, 1972 as a Private Limited Liability Company under the name Juli Pharmacy (Nigeria) Limited while actual business started earlier on Monday 2, 1971. From inception, the company was established to carry on the professional business in the areas of distribution, wholesale and retail of pharmaceutical products.
By a Special Resolution of the Board, the Company’s name was changed to Juli Pharmacy and Stores (Nigeria Limited) on March 14, 1997 to meet the diversification objective of the Company which it embarked upon in 1976.
By 1985, the Company already had 22 branches nationwide. The company went public through an offer for subscription on February 10, 1986 and was listed on November 7, 1986 as the first indigeneously promoted company in Nigeria to be quoted on The Nigeria Stock Exchange. The company’s name was changed from Juli Pharmacy Plc to Juli Plc on August 22, 1991 to reflect the flexibility in its marketing strategy. The company re-approached the capital market through a hybrid offer in March 2003.
The company is reputable for providing services in retail, wholesale and importation of pharmaceutical products and pioneered the philosophy of pharmaceutical chain stores in Nigeria. It has over the years enjoyed tremendous goodwill in the market. In 2005, the company extended its health care delivery services by including Diagnostic Services (Laboratory and Scan Services) to complement the retail business.
In 2011, the company embarked on further diversification of its operations that culminated in the production of Juli-Life Water and the importation of its own brands of pharmaceutical products (G-Plus Caps – multivitamins and minerals and Methaderm-P Cream) all of which were introduced into the market within the first quarter of 2012.

Realman87:
You are a complete illiterate. I should not waste my time explaining how the worth of companies and the total share units are calculated. Your illiteracy smells.

tolutweety:
Pleaaaaaase STOP !

Please, I plead!

tolutweety:
Do you really need this?

Please stop, I plead!

laudate:

Why?? Didn't you see all the insulting remarks from those people on this board? Why shouldn't she give them a befitting response to their petty propaganda? Are they the only ones with the right to insult others? Abi, na who be 'mumu for here?

Nigerians consume more than 5 million metric tons of rice every year, with a significant portion of its consumption needs sourced from imports. Rotimi Williams, an ambitious 35 year-old Nigerian entrepreneur and rice farmer, is on a quest to change that.

Williams, a former journalist, is the owner of Kereksuk Rice Farm, the second largest commercial rice farm in Nigeria by land size. His farm, which is situated in Nasarawa state in northern Nigeria, currently sits on 45,000 hectares and employs more than 600 natives of Nasarawa.

I recently caught up with the budding entrepreneur in Lagos, and had a brief chat with him where he recounted his journey and mused on how Nigeria can attain self-sufficiency in rice production in the near future.

What’s your educational and professional background?

I attended King’s College in Lagos. After attending secondary school at King’s College I proceeded to obtain my first degree at University of Aberdeen where I graduated with a degree in Economics. I also obtained a Master’s Degree in Economics from the same institution. My quest for more knowledge led me to enroll for yet another Master’s Degree at the School of Oriental and African Studies, London where I gained an MSc. in Finance and Development Studies.

Upon graduation, I landed a role as an analyst at the European Economics and Financial Centre in London. Afterwards, Euromoney Magazine employed me, where I covered the African space.

I would say that this is where my journey truly started.


While at Euromoney, I had the opportunity to travel around a few African countries. These trips exposed me to countries like Kenya, Rwanda, Uganda, South Africa, Zambia and Ghana. A common thread amongst the aforementioned nations is agriculture. Agriculture is at the very core of these countries and this got me thinking. After a few more trips, I decided to move back to Nigeria and sink my teeth into the agricultural space. Nigeria remains the largest economy in Africa from both a GDP perspective and also the strength of the size of our population.

Upon my arrival back in Nigeria, I got a job at a premier bank where I was promised to sit on the agriculture desk – my hope was that I would gain enough knowledge of the Nigerian agricultural industry and develop myself from there.


Two years had past and we still had no funds, so I made an offer to the farm owner, that with a 50-50 split, I would develop the farm with both personal funds and external funding. He agreed and that's how I became part owner of 17,296 hectares of farmland. Knowing that agriculture would become the integral area of focus in Nigeria, I was bullish and ramped up the land to 55,000 hectares. I later parted with my partner as a result of unaligned views and strategy. I maintained 45,000 hectares for myself and today we have started producing, with our quality paddy being sold to major milling companies in Nigeria. However, I must add the following, I often have people ask how I learned abut farming, as everyone thinks you need a special degree in agriculture to be a farmer, but I always tell them the truth, I learnt it all on Google GOOGL -2.94%. I downloaded every article I could find on rice production, consumed it and then practiced it in the fields.

Frankly, my experience working alongside indigenes [natives] of Nasarawa state has been exceptional. I have learnt over the years that if you approach people with respect even more so while one seeks to set up a business venture. Having a healthy sense of community makes all the difference in attaining one’s set objectives. I lean heavily on the wisdom and cultural approach of the indigenes to carry out farming on such a scale here in Nasarawa.

tolutweety:
When has two wrongs ever made a right?

PS: Answering or Not Answering does not make you any mumu in any way. Make Of This What You Will.

Realman87:


Yolobats celebrating Juli pharmacy at Ikeja. SHAME on these pipu.

NubiLove:
Juli pharmacy plc was founded by a Yoruba man who is still the highest shareholder of the company. His name is Prince Julius Adelusi-Adeluyi, OFR, mni (Chairman)

Here is my source: http://www.juliplc.com.ng/about_us-BOD.php

Realman87:


Na wao. Igbos in ladipo , Alaba and computer village do not manufacture anything, They only import and sell. So what is there to be proud of in a retailer. Am grossly disappointed in igbos . Honestly.

laudate:


... So forgive me, if I do not share your view.

There is no monopoly of opinion. You are entitled to yours.

laudate:

You saw nothing wrong with the insults those chaps were spewing on this thread,

Absolutely wrong. I didn't see anything.I always chose to not to see the evil things of life.

laudate:

yet you started calling out those that were insulted, asking them not to respond in the same vein.

I called out one person, just one person! ...

laudate:

A person cannot sow insults and expect to harvest respect, or admiration. Silence means acquiescence, or consent. So I will not advise anyone to be quiet anymore, in the face of such lousy provocation. Those chaps are undeserving of your restraint.

Ok.I wouldn't advise you on what to do or what not to do. Please indulge yourself.

#Shalom!

Kase Lukman Lawal (born June 30, 1954)is a Nigerian-born businessman who lives and works in the United States.

Lawal was born June 30, 1954 in Ibadan. He obtained his Bachelor of Science in chemistry from Texas Southern University in 1976, and his MBA from Prairie View A&M University, Texas in 1978. He is the chairman and chief executive officer of CAMAC International Corporation, chairman and chief executive officer of Erin Energy Corporation, and chairman of Allied Energy Corporation in Houston, Texas, Chairman/Chief Executive Officer, CAMAC HOLDINGS; vice chairman, Port of Houston Authority Commission. He also serves as a member of the board of directors and is a significant shareholder in Unity National Bank, the only federally insured and licensed African-American-owned bank in Texas. Lawal was a member of the National Republican Congressional Committee's Business Advisory Council and, in 1994, he was a finalist for the United States Business Entrepreneur of the Year. Lawal is a member of Phi Beta Sigma fraternity.

CNN: Nigerian-born entrepreneur Kase Lawal is the epitome of the American dream. Arriving to the US a young, idealistic student, Lawal has carved a name for himself in one of the most competitive industries in the world: Oil.
Now head of a multi-billion dollar empire, his Houston-based company, CAMAC, is one of the largest black-owned businesses in the U.S., generating over $2 billion dollars a year.
Founded nearly 25 years ago, Lawal built CAMAC from a small agriculture business into a global oil company. But it's taken a lot of hard work, determination and guts to get him to the top.
Born and raised in Ibadan, Nigeria in 1954, Lawal became interested in America and its civil rights movement during his teens. After finally persuading his father, a local politician, to send him to university in America, Lawal headed to Georgia and then Houston, where he attended the Texas Southern University.
After graduating with a Bachelor of Science in chemical engineering in 1976, Lawal, like many of his classmates, started out as a graduate in the energy industry. First as a chemist for Dresser Industries (now Halliburton) and then as a chemical engineer with Shell Oil Refining Co.

During this time he met his wife, Eileen through a mutual friend and had his three children.
Now married and settled, it wasn't long before the innovative young Nigerian started to implement his business ideas.
In 1986 he established CAMAC, a company trading agricultural commodities such as sugar, tobacco and rice. In the early 90s he made the leap into the energy sector after the Nigerian government started to develop its energy market.
With his knowledge of Nigeria and his Houston address, Lawal was ideally positioned to attract major oil companies. In 1991 CAMAC made a deal with the oil giant Conoco, agreeing to jointly operate and share production from any Nigerian discoveries.
This turned out to be Lawal's big break.
With his political contacts, local market knowledge and now with the backing of a major oil firm, Lawal's Houston-based company became an instant player in the energy industry.
As Lawal told CNN: "That partnership I believe was the cornerstone of the CAMAC that you know today. Subsequently with that credibility and the advantage of partnering with Conoco, we were also able to partner with BP and also with Statoil of Norway and currently we have made a partnership with Eni, the largest Italian company, which is one of the top five oil companies in the world."
Now CAMAC has offices in London, Johannesburg, Lagos and Port Harcourt, Nigeria and is involved in oil exploration, refining and trading.
He was awarded the USAfrica Business Person of the Year in 1997 and in 2002 CAMAC was named the largest African-American owned company on the Black Enterprise 100s list.

laudate:

Oh, but it does. Guy, no one has a monopoly of insults or hate speech. So forgive me, if I do not share your view. You saw nothing wrong with the insults those chaps were spewing on this thread, yet you started calling out those that were insulted, asking them not to respond in the same vein. A person cannot sow insults and expect to harvest respect, or admiration. Silence means acquiescence, or consent. So I will not advise anyone to be quiet anymore, in the face of such lousy provocation. Those chaps are undeserving of your restraint.

Bifwoli:

But the Igbos are better businessmen overall ,these folks here might have 2 billionaires and the rest are 35m beggars but the Igbo are more level overall with lesser inequalities.

JohnXcel:
Don't mind those flat.heads.

We've explained to them the difference between a trader and an entrepreneur, dey no wan hear!

Difference between an Igbo man and Yoruba man when it comes to business:

Nigerian German Chemicals Plc, (NGC) is one of Nigeria's premier manufacturers and distributors of pharmaceutical, consumer products and oil & gas field chemicals. Born out of Hoechst Nigeria, NGC has over 45 years pedigree, in manufacturing quality products. Building on its solid multinational heritage, NGC's commitment to 'best practice' in business management and the pursuit of manufacturing excellence has enabled it to forge strategic relationships with a number of blue chip companies to complement its long standing tradition of manufacturing quality local brands. NGC stands out as Nigeria's foremost indigenous enterprise in the pharmaceutical and chemical fields, providing world-class companies with a vehicle to promote their products in this most challenging of environments. https://www.emis.com/php/company-profile/AC/Nigerian-German_Chemicals_Plc_en_2037244.html; http://www.bloomberg.com/research/stocks/people/person.asp?personId=29536536&privcapId=20357361

“The partnership with AFIG Funds represents a unique opportunity for NGC. AFIG Funds brings not only capital to accelerate the company’s growth and expansion, but also support to management and international experience that is already helping to strengthen the company’s ability to seize new market opportunities. NGC has a long and proud history as a leader in Africa’s largest market, and we look forward to building on this legacy to help strengthen the Nigerian healthcare sector, as well as facilitate access to world-class medicines for the people of Nigeria,” Shonekan said. http://thenationonlineng.net/new-mauritius-core-investor-takes-over-nigerian-german-chemicals/

Jetleeee:
Laudate don post plenty industrial related stuff on this thread.

We'll have to take time to compile everything so we don't struggle to find them for future use

Nice one senior man

Wole started his career as an IS Engineer with Citigroup before joining ExxonMobil as a Technology Project Manager. In his 15+ year career, he has worked in various functional areas including technology, project management, and business development, sales and marketing. He recently worked as Product Director in two leading Software Companies based in New York, USA where he led the development and commercialization of several web-based products over 5 years. He holds a B.Sc in Computer Engineering from OAU and an MBA from The Wharton School of the University of Pennsylvania.

Mastercard has partnered with Nigerian tech start-up, NetPlus to develop an e-commerce solution.

The Mastercard e-commerce solution empowers the consumer, the e-retailer as well as the delivery service by providing a simple and secure digital solution. Consumers can pre-authorise the payment when placing their order online, the e-retailer is given a sense of comfort and dispatches the goods via a delivery service who is able to use the Mastercard e-commerce app to authorise the release of the payment once the consumer approves, ensuring the merchant is paid immediately.

A key feature is that if the consumer is dissatisfied with their package the transaction can be voided and the funds immediately released, so there is no delay – one of the biggest points of frustration for consumers buying online in Africa.

“Cash has held the sector back from reaching its full potential in Africa,” says Omokehinde Adebanjo, Vice President and Area Business Head for West Africa at Mastercard. “We have invested a great deal of energy and resources to develop a workable solution that will meet the diverse needs of merchants and consumers across the continent, and world. It is fitting that our partnership with NetPlus, an African-born tech company, has resulted in us achieving our goal of digitizing the e-commerce sector.”

“The solution comes with extensive benefits for merchants and consumers,” says Faroun. “For e-retailers, the pre-authentication reflects commitment on the part of the consumer to the purchase, as well as guarantees real time payment and improved liquidity. Consumers benefit from renewed confidence in online shopping, peace of mind as the payment is only processed on delivery without the need for cash.”

NetPlus is the first African start-up to be selected by the Mastercard Start Path programme, an initiative open to start-ups from Africa and across the world who are rethinking banking and payments and who are well established already, having secured significant investment. During a six-month virtual programme, Start Path provides start-ups with the operational support, mentorship and investment they need to develop the next generation of commerce solutions and grow their operations.

Bifwoli:

But the Igbos are better businessmen overall ,these folks here might have 2 billionaires and the rest are 35m beggars but the Igbo are more level overall with lesser inequalities.