If I were you I would take the 5th as I don't know the source of wealth of some of the "super rich" guys . Do you ? UNQUOTE
Imperial Ade,
NNEWI, ABRIBA, NKWERRE, ARODIIZUOGU, AROCHUKWU, OHAFIA, AGUATA, AWKA AREAS ETC. ARE SMALL TOWNS IN IGBOLAND ON A HIGHER LEVELS OF RICH SMALL TOWNS IN IGBOLAND . SEE THE REST SMALL RICH TOWNS AND MOST EDUCATED SMALL TOWNS AREAS IN IGBOLAND BY DIFFERENT IGBO STATES BELOW.
We have to give credit to Nnewi people and other small towns in Igboland for we are proud of them for making Igbos and Africa proud.
There are many small rich towns in Igbo land. Please stop putting down any tribe or people on their positive sides. The are many hardworking and very rich small towns in Igbo land like in Yoruba land, Hausa land and every where. There are also few criminals every where in every town and you should not use that to portray all the people as such. I don't like this your write-up because most of the genuine hardworking Igbos from all parts of Igbo land, you know them all, and those great ones from Nnewi and all parts of Igboland, the same way you know all the genuine rich people from your Yoruba land and from Yoruba towns, Hausa etc.
Please give credit where credit is due and We all are very proud of Nnewi, Abriba, Nkwerre and all towns and villages in your Nigeria and Africa including Yorubas who are making Africa proud again
RICHEST SMALL TOWNS IN IGBOLAND WITH MULTI MILLIONAIRS HARDWORKING PEOPLE.
ANAMBRA STATE==NNEWI, AWKA, AGUATA, ORAUKWU, UMUOJI, EKWULOBIA, ENUGU UKWU, NENI AREAS ETC.
ABIA STATE===ABRIBA, OHAFIA, AROCHUKWU, ITEM, OZUITEM, ISUKWUATO, UMUAHIA, BENDE AREAS ETC.
IMO STATE===ORLU, NKWERRE, IDEATO, ARO NDIIZUOGU, OWERRI, MBAISE, MBANO AREAS ETC.
ENUGU====NKANU, AGWU AND UDI AREAS ETC.
EBONYI===ABAKALIKI, OHOAZARA, AFIKPO, IKWO AREAS ETC.
ANIOMA==IGBUZO, UGWASUIKWU, ASABA AREAS ETC.
UPLAND RIVERS STATE==ONELGA, IKWERRE AREAS ETC.
THE MOST EDUCATED SMALL TOWNS IN IGBOLAND BY EACH STATES :
IMO STATE====MBAISE, MBANO, ARO NDI IZUOGU AND OWERRI AREAS.
ANAMBRA STATE===AWKA AND ONITSHA AREAS .
ABIA STATE===AROCHUKWU AND UMUAHIA AREAS
ENUGU=== UDI, AGWU AND NKANU AREAS
EBONYI---AFIKPO AREAS.
Ugo Ukandu
Re: Many Rich small towns in Igboland-- Nnewi: The Small Town Of The Super Rich — Forbes Africa
Nnewi has been rich from time immemorial, long before the advent of drug dealers and kidnappers. The source of their wealth is an open secret. They work hard and are best at anything they do. They spend their money at Nnewi, and not in Dubai. It does not matter where they are, Nnewi is foremost in their minds. Do you see Nnewi folks fighting to become minister or governor or commissioners? No. They don't even have time to get on here and yab. Because they are busy working. Be it in Lagos or Jos or Onitsha or Aba or Enugu, or anywhere they are, Nnewi footprints are there. I should know. Yes. We know where their wealth came from. Hard work. It is expected of Igbo haters to assume that Igbo wealth is derived from evil enterprise. Wrong. Remember you took everything from Igbo in exchange for silly and sorry £20. We came back. You are probably paying rent to an Igbo in Lagos or sleeping under Eko bridge.
to NaijaPoliticsF., Africanworldfo., naijaobserver
Very hard working Igbocentric folks. And they think fast too.
Following Igbo loses in core Northern Nigeria from 1967 to 1970, they vowed that never again and started setting up their shops at home in Nnewi.
And it paid off big time because the town is now destination for businesses in west Africa and much of Africa.
Without corrupt Islamists dominated Nigerian government sabotage, Nnewi and contiguous towns could be competing with Japan, Hong Kong, Taiwan…South Korea…
But it sure will happen because the fight is on now. What Nnewi needs now is democratic city government to provide steady electricity, water, healthcare and manage city growth.
Anambara state government should have been there to help set up this Nnewi state within Anambara state to drive the economy and wealth creation.
Put Nnewi in the hands of visionary US managers, give them just 3 years and they will create utopia there that could attract the best of the best in the world and generate trillions of dollars in revenue monthly for the people. Why we Afro don’t think that way is tough to fathom.
Nnewi: The Small Town Of The Super Rich — Forbes Africa
By Forbes
The small town of Nnewi has more naira billionaires per capita than anywhere else in the country. Louis Odumegwu...
Nnewi: The Small Town Of The Super Rich — Forbes Africa
Details
Written by Forbes
Nnewi-born business mogul, Ifeanyi Ubah
The 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 wares 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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Dr. Ola Kassim,
I was concentrating and wishing praise to the successful private entities and hardworking people of Nnewi and other small towns that are doing the rights things and developing their land and Igbo land. We know that there are too much poverty every where in Igboland, your Nigeria and Africa, but that's where your corrupt Nigerian Government have been full of corrupt buffoons looters and killers from the Presidency, Supreme Military Councils, Governors, National Assembly to local officials for over 50 years now.
Every budget, every programs and every money set aside for poverty eradication and building of public institutions like public garbage pickup programs, schools, public toilets, hospitals, good roads and functional social aminities in Nigeria societies have been looted whenever its budgeted for over 50 years now. As soon as the budget is approved and money released these corrupt leadership from the Presidency, Supreme Military Council, Senate, House, Governors and State houses of assembly and all the State capitals officials will start looting almost 100% of the budget every day and every year for 50 years., and the whole country ability to grow is skewed, abandoned and disorganized every year for over 50 years because of fantastically corrupt government officials.
You do not blame the private individuals for their success and ability to survive, but rather you blame the Government officials from the presidency, Supreme Military Council, Governors, local officials and Senators and House members for lack of over sight and belonging to the corrupt looters for over 50 years and the bad result is every where in Nigeria.
The issue is not about the average level of education or net worth of individuals from any particular
jurisdiction--village, town, city or state in Nigeria, the real issue is about what the highly educated
and wealthy Nigerians have done or failed to do -(beyond building monstrous mansions which are left vacant most
of the year in their hometowns)-to lift their peoples and hometowns and regions of Nigeria out
of poverty.
Have they created jobs for the young educated folks following in their footsteps?
Are they mentoring the young folks and showing them how they also have a good chance of succeeding
through wholesome ventures rather than becoming politicians and drug and kidnapping kingpins?
How can you consider a village wealthy and well educated--because it has some millionaires and citizens
among her indigenes most of whom live elsewhere in Nigeria or abroad?
During a visit to Ekiti state when he was President of Nigeria, President Obasanjo once openly chided Ekiti citizens
about the lack of visible development in their
state capital and major towns even though almost every family compound in Ado-Ekiti has at least two
PhD holders and professors, not to mention engineers, physicians, bankers etc.!
He asked them about what they have done to develop their region of Nigeria with all of their education.
He did not get a credible response to his inquiry.
The wealth of a nation is not measured by how well its richest citizens live, it is by how the society
treats its weakest and poorest citizens.
Measured by this yardstick, it is easy to conclude the all the education and the wealth in Nigeria
are mostly wasted on the people and the society in general.
How can Ugo claim to be proud of and give credit to Nnewi, Abriba, Nkwerre and all towns and villages in your Nigeria and Africa
when everywhere you goo in these jurisdictions you still finf mountains if garbage thrown every which where, men urinating in public against walls
in open day light due to lack of decent and affordable residential and public toilet facilities.
Bye,
Ola
Wilson Iguade
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Aug 14, 2017, 11:50:42 AM8/14/17
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Ola Kassim, M.D
You are totally right, and when I read the same post I laughed my ass off of the idiocy in that post and deleted the crap half way reading into it given these areas have no roads, no sanitation system, no electricity, no pipe borne
water, no viable economy base. Etc.
Again, Dr. Kassim yours is totally on the mark on this topic. Wealthy community is recognized for its prosperity starting with basic infrastructures which are NONE of these areas can boost of.
Igbo people sef, SABI boost, and they got nothing to show for it. Tufiakwa!
Nigerians, especially the educated ones are mostly morons as displayed by the article in question.
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