Connect with us

News

How Anambra Teacher Became a Billionaire

Published

on

Joseph Ozoemene Nwankwu was born in 1928 in Orofia Village, Abagana. He attended St. Mark’s Catholic School, Abagana from 1936 to 1940, and later proceeded to St. Raphael’s Catholic School, Awkuzu and St. Bonaventure’s Catholic School, Nimo.

His parents wanted him to become a teacher, but as a visionary, he had his sights set on a bigger endeavor. He worked as a teacher for only three months before resigning from the teaching profession to establish his own business.

He registered his construction company, J. Nwankwu and Bros Limited, which became a renowned player in civil engineering and building contracting. He was one of the biggest contractors in the old Anambra State.

With the wealth he accumulated from government contracts, Sir Joe Nwankwu diversified into numerous other businesses. He founded Olympic, a conglomerate that was unique in its own right. His products from the Olympic Drinks Company Limited became fierce competitors of Coca-Cola across Nigeria. He also established Olympic Packers Limited, the leading corrugated carton industry east of the Niger River, which also housed the section that produced plastic crates for Olympic Drinks.

Advertisement

At the peak of his industrial prowess, he organized a solo trade exhibition/trade fair to showcase all his products, wowing visitors with the diverse range of unique products under his umbrella.

Some of his other subsidiaries and business interests included J. Nwankwu Estate Company Limited, Jojolan Enterprises Limited, Whessoe Engineering Limited, Diamond Breweries Limited, Stena Mills Limited, Life Breweries Limited, Petrogas Limited, Anambra Motor Manufacturing Company (ANAMCO), Agip Energy, Olympic Maize Milling Industry Limited, Olympic Technical Works and Foundry, and Orient Bank of Nigeria Limited in Enugu.

Sir Joe Nwankwu was also a Patron and Honorary member of the Nigerian-American Chamber of Commerce, Anambra State Chapter; a Council member of Akanu Ibiam Polytechnic, Afikpo; and a member of the British Institute of Management.

In recognition of his achievements, he was decorated as a Knight Commander of St. Sylvester (Papal Honorary Award) in 1974 and as the largest employer of Labour, named the Anambra State Industrialist of the Year in 1987.

Advertisement

On the political front, Sir Joe Nwankwu’s involvement included being a member of the Njikoka Country Council, the Onitsha Provincial Assembly, and the House of Representatives in 1965. He also served as the Chairman of the National Party of Nigeria (NPN), Anambra State Wing.

Beyond business and politics, he was actively involved in community activities, serving as the Chairman of the Onitsha Provincial Scholarship Board, Chairman, Onitsha Football Association, Chairman, University of Nigeria Endowment Fund (Onitsha Zone),Chairman, Board of Governors of St. Charles’s Teachers Training College, Chairman, Onitsha Urban County Council, and Member, the Nigerian Grains Board. He was also a Patron of the Nigeria Union of Journalists and a member of the Council of the University of Nigeria, Nsukka.

Sir Joe Nwankwu’s achievements were recognized with numerous honors, including the title of Onwanetilora of Abagana and Ide Ji Mba of Orlu, as well as the Spirit of Detroit Award (1974) and an Honorary Doctor of Business Administration (Hon. DBA) from Kenton University, Singapore (1987).

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Insecurity! Bandits k!ll 7 farmers, burn 50 bags of maize in Niger state

Published

on

Bandits have k!lled seven farmers, including a vigilante, and burnt 50 bags of maize inside a truck in Bangi, Mariga Local Government Area of Niger State.

Sources on Saturday, November 23, told Daily Trust that the victims had gone to bring the harvested maize home from their farm when the bandits ambushed them, k!lled all the occupants in the truck and set the truck.

Bandits have killed seven of our farmers who had gone to farm to bring the maize they had harvested home. The attackers hid and waited until after the victims had loaded the 50 bags of maize into the truck and were about to take off to return home when they opened fire on them. After k!lling the victims, they also set the truck and the 50 bags of maize already loaded ablaze,” a source said.

He said it was difficult for farmers in Mariga to harvest their crops this year due to k!llings and kidnappings by bandits.

Advertisement
Continue Reading

News

SAD! Roman Catholic Oldest Priest Monsignor Thomas Oleghe dies at 103

Published

on

The Bishop of the Catholic Diocese of Auchi, most Rev. Dr. Gabriel Ghieakhomo Dunia announces the passing unto eternal glory of Rt. Rev. Monsignor Thomas Oleghe, at the Immaculate Conception Cathedral Auchi, during the solemnity of Christ the King

Rev. Monsignor is the oldest Catholic Priest in Nigeria.

Monsignor Oleghe death is very remarkable as the centenarian died during the feast of Christ the King.

The demise of the priest of the order of Melchizedek should be best described as (TRANSITION TO GLORY)

Advertisement
Continue Reading

News

NECO accredits more foreign schools for SSCE, BECE

Published

on

The National Examinations Council (NECO) has given accreditation to more foreign schools to write the Senior School Certificate Examination (SSCE) and the Basic Education Certificate Examination (BECE).

The Acting Director, Information and Public Relations, Mr. Azeez Sani, disclosed this in a statement.

The newly accredited schools are in Niger Republic and Equatorial Guinea.

“NECO Accreditation Team visited the Schools to assess their readiness to write the SSCE and BECE.

Advertisement

“The Accreditation Team inspected classrooms, laboratories, libraries, computer laboratories, workshops, examination halls and sport facilities to determine their adequacy and suitability for NECO Examinations.

“After a thorough evaluation and comprehensive assessment, the schools were granted full SSCE and full BECE accreditation status,” the statement said.

The statement added that the accreditation of additional foreign schools is a testament to NECO’s commitment to providing quality education and assessment beyond the shores of Nigeria.

“With its expanding global presence, NECO is poised to become a leading examination body in Africa, offering opportunities for students worldwide to benefits from its expertise, thus contributing to the advancement of education in Africa and beyond.”

Advertisement

In another development, the statement disclosed that candidates are participating in the on-going NECO SSCE External in Diffa, Niger Republic.

“The UNHCR School, Diffa, Niger Republic is the first NECO SSCE External Centre outside Nigeria.”

NECO examinations are now written by candidates in Benin Republic, Togo, Cote’ d’Ivoire, Niger Republic, Equatorial Guinea and Saudi Arabia.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News