₦airaland Forum

Nigeria is a zoo

Wonderful job developeast and prodigy

For questioning?

When the person that criticized Buhari online gets arrested.

Shame

These are the type of people we spend our tax payers money on.

I don't blame her, I blame the people that voted her

jahsharon:
Where in hell will pigs and idiots from potopoto republic of drug and crime be?

yorubas are the problem of Nigeria- sanusi said it.

Yorubas are lazy and dirty- fayose's brother said it it

The Forbes that the Afonjas love so much as released a damning report to the detriment of the Afonjas claim of wealth.



The Small Town Of The Super Rich
By Forbes Africa 5 min of reading August 7, 2017
he small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country.
Shortly before Nigeria’s independence in 1960, Louis 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, 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.

Their hometown Nnewi, in the southeastern state of Anambra, either by good fortune or hard work, has bred more naira billionaires than any other town in Nigeria, and possibly Africa. The Igbos, who sometimes refer to themselves as the ‘Jews of Africa’, have entrepreneurship in their blood. They have built themselves from the ground up, with little help from the government, after a controversial policy left them all with 20 pounds each, regardless of their bank balance, at the end of the Nigerian civil war in 1970.

Nicknamed the Japan of Africa, Nnewi is famous as a hub for automobile spare part dealers, and most recently, Innoson, Nigeria’s first indigenous car assembly plant. The town is also known for its factories that manufacture household goods and is home to the biggest road transport companies in the country. Nnewi, with a little over two million residents, is a 30-minute drive from the Onitsha – the biggest outdoor market in West Africa – on the banks of the Niger River.

These are 10 of the most prominent naira billionaires from Nnewi, in no particular order:

Cletus Ibeto: The Ibeto Group has been described as the largest industrial enterprise in southeast Nigeria. Starting out as an apprentice to an already established auto spare parts dealer, Ibeto eventually branched out on his own and effectively ended importation of lead acid car batteries in Nigeria in the late 80s. The result is a conglomerate dealing in hospitality, motor products, real estate, petrochemicals, agriculture and cement.


Cosmas Maduka: One of the country’s foremost car dealerships, Coscharis Group, is the brainchild of a man who lost his father at four and had to drop out of school to sell bean cakes, a popular food staple. His company, one of the largest car dealerships in Nigeria that deals with BMW, Jaguar, Range Rover and Rolls-Royce, has diversified into agriculture.


Innocent Chukwuma: Another school dropout, he is the founder of Innoson Nigeria Limited which produces sport utility vehicles, commercial buses and passenger cars at the first indigenous assembly plant in Nigeria. The company has factories in Nnewi and Enugu and has the governments of Anambra and Enugu states, as well as a few federal agencies, among its customers.


Gabriel Chukwuma: The elder brother of Innoson, Gabriel is invested in sports, real estate and hospitality. As chairman of Gabros International Football Club, he oversaw its rise into the Nigerian Premier League and partnership with English side, West Ham FC before selling to fellow Nnewi entrepreneur, Ifeanyi Ubah. He began business as a patent medicine dealer.


Alexander Chika Okafor: Chicason Industries, and one of its products – A-Z Petroleum, are household names in Nigeria. The conglomerate has made significant inroads in the mining, manufacturing, and real estate in Nigeria and Sierra Leone. Okafor, its founder and chairman, was named in 2011 by the Senate as one of the beneficiaries of the subsidy fraud under the Goodluck Jonathan administration, pocketing as much as N18 billion ($54 million).


Augustine Ilodibe: An orphan and mass server in the Catholic church, young Ilodibe was gifted £35 by one of the priests and he initially invested in motor spare parts trading. By the sixties, he 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.


Ifeanyi Ubah: The flamboyant businessman funded parts of the Goodluck Jonathan campaign ahead of the 2015 presidential polls and unsuccessfully ran for the governorship of his home state, Anambra, in 2014. His wealth comes from investments in oil and gas, as well as exportation of motor spare parts and, recently, from sales of football players. In June 2015, Ubah – described by one Nigerian newspaper as ‘the new sugar daddy of Nigerian football’ – completed the purchase of Gabros FC for N500 million and renamed it Ifeanyi Ubah FC.


Louis Onwugbenu: The head honcho of Louis Carter Industries dropped out of school in 1967 when the Nigerian civil war broke out. He got his nickname from weekly trips to Lagos to sell motor spare parts under the popular Carter Bridge in the city. His reinvested profits allowed him to diversify into manufacturing car batteries and pipe fittings, agriculture, food processing, real estate and, by the age of 30, he was already a naira multimillionaire. The headquarters of his conglomerate sits in the Carter Industrial Estate, spanning many acres in Nnewi.


Obiajulu Uzodike: Nigeria is one of the foremost cable producers in the world due to many indigenous manufacturers across the southeast. One of the top cable companies is Cutix Nigeria, whose founder, Obiajulu Uzodike, cut his teeth in the business as a staff at a US-based aircraft and military wires and accessories company. By 1982, the Harvard Business School alumna and civil war veteran set up Cutix with N400,000 ($1,200), nurturing it to eventually become the first indigenous firm in the southeast to be listed on the Nigerian Stock Exchange.
-Written by Eromo Egbejule

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GMBuhari:
Its awa oyel people have issued ultimatum


I am sure Hausas won't leave and majority of Yorubas won't leave either


However if someone kills any Yoruba or Hausa and the news filters


By the 15th of September , All Igbos in the North or Yoruba land will be either headless or homeless

abok! Cannot make statement without the igbos.

So niger deltans are now igbos?

Before you guys were fighting that they were not igbos

Op stop lying.

USA stocks are fine

prodigy24:
There many of them ,either they don't have websites or they are seo weak.
Super master is a branch of Anamike Nigeria Ltd.

this is the problem with many Igbo owned companies.

They tend to shy away from media publicity

prodigy24:
We have to focus on the companies...

polystar tv is going head to head with lg Tv's now

prodigy24:
We don't have to let's focus on the companies...

super master and century are both Igbo electronics

prodigy24:
NEPAL is all about ……….energy to soar.
NEPAL OIL & GAS SERVICES LIMITED was incorporated on 13th of October 2004 to carry on the business of supply, trading and productivity support in the down, mid and up-stream sub sector of the petroleum industry. The company is renowned for its importation, warehousing and distribution of massive volumes of petroleum products in Nigeria. Armed with a sizeable fleet of motorized tanker trucks and strategic positioning of our retail outlets, we have excelled in effective distribution of petroleum products to meet the ever rising demand of the Nigerian market. We are also responsible for coastal supply of Petroleum Products to several establishments including but not limited to, renowned oil majors within the country on purchase order supply contracts. Being a company of founded on technical expertise, versatility and a sound financial system, our business strategy lies at the heart of all that we do. Driving down business costs, improving funding costs and reducing costs of sales are our key objectives. Exploring opportunities, visionary leadership, proactive and result oriented strategies, best practices and effective customer relationship management, have given us leverage for success.

did not know this was a Nigerian firm.

Kudos guys

Orobo2Lekpa:
I counted only 9 and not 10 Billionaires

9 billionaires in one town..isn't that awesome?

Envoy industries

prodigy24:
ABD ENERGY SOLUTIONS LIMITED is a customer focused customer-driven company specialising in solutions for the Downstream, Midstream and Upstream Oil and gas industry. ABD is an international company with registered offices in Dubai and Lagos, Nigeria. We provide formulations, product development, molecules and additives for lubricants.

We are the sole distributors of Chevron Oronite brand of lubricants additives in Nigeria. Chevron Oronite is a world-class developer, manufacturer and marketer of lubricants additives . We are also involved in trading of refined petroleum products. PMS, AGO. DPK, Aviation Fuel and Base Oils.

this is nice

Nobody cares man

prodigy24:
They always think they can be like us....

we are not their mates

Why is this mod hiding comments by igbos and leaving comments by Yorubas?

StOla:
I thought those Palestinians said it is a city?

How dare Forbes call it a small town?

I ordinarily hear them say Anambra has 3 cities of Awka, Onitsha and Nnewi, as opposed to 3 small towns.

in the USA, places like manhattan, Colorado etc are referred to as towns also.

So what is your point?

"Obiajulu Uzodike: Nigeria is one of the foremost cable producers in the world due to many indigenous manufacturers across the southeast. One of the top cable companies is Cutix Nigeria, whose founder, Obiajulu Uzodike, cut his teeth in the business as a staff at a US-based aircraft and military wires and accessories company. "


Igbos are greatest in Nigeria

Igbos walk with giants far above Nigerian brain dead politics

Chief (Sir) L. M. Ojimba: envoy ind. nig ltd

prodigy24:
[s]

afonja small brains can't process complex information

cuedish:
He was trying to say that they do fake(adultrated) wine and spirit....oyinochi

yet they've been selling?

I don't expect small minded folks like you to understand

Look at the time stamps on these Afonjas comments:

2am, 3am, 4am...?

These guys sleep on Igbo matters?

Do these folks even have a life?

Amaka osekwe: maki oh

God is seriously punishing these people

Sufferstication