NEWS
Stakeholders score Cutix high as Ambassador Nwosu retires

Stakeholders have scored Cutix Plc for its successful operations in the country in the last 40 years in spite of the prevailing harsh economic conditions.
Cutix Plc is a Nigerian company that specialises in the production and distribution of electrical, automotive and telecommunications wires, cables and related products.
The stakeholders, including eminent sons and daughters of Anambra State as well as leading industrialists and politicians in the country, delivered their commendations at a reception organised in honour of retiring Chairman and Co-Founder of the Company, Ambassador Okwudili Nwosu, in Nnewi, Anambra State.
The Founder, Engineer Ajulu Uzodike remarked that, “ My brother and friend has been with me all through the 40 years and I must admit that it has been an eventful and successful relationship.” Engineer Uzodike, however, expressed the hope that Ambassador Nwosu will continue to be part of the Cutix family.
Responding, the Co-Founder, Ambassador Nwosu expressed his happiness over the success story of the Company, describing the Founder as a brother and friend whose interest in the Company is to create an avenue for all and sundry to create wealth through partnership.
He said the story of Cutix Plc is embedded in trust, adding that he dedicated himself wholeheartedly to Engineer Uzodike and the Company in the last 40 years. “I want to assure you that although I am 70 years old now but whether I am there or not, my spirit will ever remain with the Company.”
Commenting, Presidential candidate of Labour Party in the 2023 general elections, Mr. Peter Obi, described Engineer Uzodike as an outstanding entrepreneur who has been able to create wealth for stakeholders of the Company as well as a great employer of labour.
Obi lamented that successive governments in the country have not found it necessary to empower and encourage local manufacturers, adding that, “Unless the Federal Government decides to do the right thing by supporting these companies, they cannot go very far and they need support because they are those that create jobs. They are the ones that will turn around the economy and they need government’s support.”
He recalled that as the Governor of Anambra State, his administration and the management of Cutix Plc constructed the road leading to the company. He said Cutix provided half of the cost of the project while the state government provided the balance.
He also recalled being instrumental to the appointment of Ambassador Nwosu as Nigerian Ambassador to the Republic of Burundi and congratulated him and the Founder for holding the Company’s fort for 40 years.
Also speaking, Anambra State Commissioner for Commerce, Industry and Wealth Creation, Mr. Christian Udechukwu, described Ambassador Nwosu as a good manager of human and material resources. He said the Anambra State Government, under the stewardship of Prof. Charles Soludo, is creating an enabling environment for small and medium scale enterprises to thrive through improved power supply.
Nigerian Ambassador to the Republic of Burundi, Elijah Onyeagba, noted that the success story of Cutix Plc is traceable to the diligence and trust between the Founder, Eng. Uzodike and the Co-Founder, Ambassador Nwosu. According to him, Ambassador Nwosu is not retiring but will use his wealth of experience to improve on the industrial sector.
Senator Ben Obi, a former Senator representing the Anambra Central District, said the only way to jumpstart industrial revolution in the South East is to have the likes of Ambassador Nwosu at the helm of affairs. Small and Medium Scale Enterprises are the vehicles for growing the economy, he said.
Former Minister of Health, Prof. ABC Nwosu noted that Ambassador Nwosu should see his retirement as yet another call to serve through providing professional assistance to young entrepreneurs and captains of industries for them to achieve optimally in their various fields of endeavours.
Senator Victor Umeh, representing the Anambra Central District, noted that Cutix is a gift to Nigerians in general and the South East in particular, adding that in all his dealings he has always patronised the products of the Company.
He urged the management and members of staff of the Company to ensure that the establishment grows from strength to strength despite the harsh economic challenges.
A gubernatorial candidate in the last election in Anambra State, Mr. Ben Etiaba, congratulated the board and management of the Company for being in business for 40 years. The determination demonstrated by both Uzodike and Nwosu is one that should be emulated by those who are desirous of venturing into the industrial sector, he said.
NEWS
Governor Dauda Lawal Joins President Tinubu at Historic Press Corps Dinner
Zamfara State Governor Dauda Lawal P.hD was among the dignitaries at the maiden State House Press Corps Presidential Dinner, held Thursday at the Presidential Villa in Abuja.
A highlight of the evening came when Governor Lawal formally invested President Bola Ahmed Tinubu as the Grand Patron of the State House Press Corps, a symbolic gesture underscoring the administration’s recognition of the media’s role in governance.
Organized to bridge the gap between journalists and top government officials, the dinner celebrated excellence in presidential reporting while offering an informal platform for candid dialogue between the press and policymakers.
In his address, President Tinubu charged journalists with upholding truth, balance and responsibility in their work, describing them as indispensable partners in Nigeria’s democratic journey. He also reassured attendees of his government’s steadfast commitment to constitutional guarantees of press freedom and free expression.
The State House Press Corps, made up of journalists accredited to cover the presidency, hosted the historic event.
Among the prominent guests were First Lady Senator Oluremi Tinubu, Secretary to the Government of the Federation George Akume, Chief of Staff Femi Gbajabiamila and ministers overseeing Finance, Education, Health, Agriculture and Information. Also present was the Head of Service of the Federation, Mrs. Didi Esther Walson-Jack.
NEWS
South African Investment Banker Richard Simanga Ngwenya Arrested in Alleged Fraud Investigation.
Richard Simanga Ngwenya, a South African-based investment banker and Zimbabwean businessman known for showcasing an extravagant luxury lifestyle on social media, has been arrested in connection with an alleged fraud investigation, according to documents circulating online.The documents, which have attracted widespread attention across digital platforms, identify Ngwenya as a suspect in a case registered in Sandton and reference a South African Police Service (SAPS) case number linked to the ongoing investigation.The arrest comes just weeks after Ngwenya dominated headlines over reports that he gifted his girlfriend a luxury Bentley, a gesture that fueled conversations about his lavish spending and elevated his profile across Zimbabwean and South African social media.The latest development has shifted public attention dramatically, with social media users revisiting videos and photographs highlighting his collection of luxury vehicles, designer fashion and high-end lifestyle. Online discussions have intensified, with many questioning the source of his wealth. However, no court has made any findings regarding those claims, and the allegations remain subject to legal proceedings.Ngwenya built a significant online following through displays of wealth that frequently went viral, positioning him among the region’s most talked-about young businessmen. His social media presence often featured luxury automobiles, premium real estate, international travel and extravagant gifts.The alleged fraud investigation now places the businessman under legal scrutiny, with observers closely monitoring developments as the matter progresses through South Africa’s criminal justice system.Authorities have yet to publicly disclose the full details of the allegations or the value of the alleged fraud under investigation. Further information is expected to emerge as legal proceedings continue.As of the time of publication, Ngwenya has not publicly commented on the allegations, and no plea or court finding has been reported.
NEWS
Governor Dauda Lawal Distributes 50 Subsidised Buses, Commissions Fire Trucks for Swift Emergency Response
Zamfara State Governor, Dauda Lawal P.hD has rolled out a major public welfare intervention distributing 50 subsidised buses to the National Union of Road Transport Workers (NURTW) and commissioning five modern fire trucks, in a move aimed at tackling transportation hurdles and strengthening emergency response across the state. The official handover ceremony took place on Wednesday at the Government House in Gusau, drawing leaders from the transport union, fire service officials and top government functionaries.
According to Governor Lawal, the buses are being provided under the Zamfara State Loan Scheme, a structured financing programme designed to promote economic empowerment while ensuring sustainability through cost recovery. Each bus was procured at ₦27,390,000, but the state government is absorbing 20% of that cost – amounting to ₦5,478,000 per vehicle – as a direct subsidy to ease the financial burden on beneficiaries.This means each NURTW member will repay ₦21,912,000 over a 44-month period, with repayment commencing from the date of vehicle allocation.
Crucially, the NURTW has entered into a partnership with the government to oversee the entire process, with the union responsible for identifying eligible members, supervising the use of the vehicles and ensuring strict compliance with the repayment schedule, a collaborative approach intended to minimise defaults and guarantee the scheme’s longevity.
In a parallel development, the Governor also commissioned five state-of-the-art fire trucks to reinforce the Zamfara State Fire Service, with the trucks equipped to modern standards and expected to significantly shorten response times during emergencies. Governor Lawal underscored the urgency of the investment, noting that fire outbreaks remain a persistent threat to lives and property in the state. “We are aware that fire outbreaks can destroy homes, shops and livelihoods in seconds,” he said. “These new fire trucks, equipped with modern standards, will strengthen the state fire service’s capacity to respond faster across all nooks and crannies of the State.”
He charged the Fire Service leadership to complement the equipment with rigorous personnel training, regular public fire-safety sensitisation campaigns and consistent maintenance to keep the trucks in optimal condition at all times. The Governor made it clear that all assets distributed belong to the people of Zamfara and must be treated with utmost care, directing all benefiting Ministries, Departments and Agencies, as well as individual beneficiaries, to submit quarterly maintenance and utilisation reports to their respective oversight offices.
He further issued a stern warning against any form of abuse, declaring that “vandalism, misuse or diversion will not be tolerated,” signalling the administration’s commitment to transparency and responsible asset management.
Governor Lawal framed the initiative as part of his broader agenda to uplift the state’s transportation sector, create economic opportunities for transport workers, and enhance public safety. By subsidising the buses, the government aims to ease the cost of commuting for residents while providing a sustainable livelihood for NURTW members, while the fire trucks are expected to reduce the devastation caused by infernos in both urban and rural communities. The combined investment reflects a multi-pronged strategy to address critical infrastructure gaps while fostering accountability and community partnership.
With the handover complete, the NURTW is expected to begin allocating the buses to qualified members in the coming days, while the Fire Service will deploy the new trucks across strategic locations in the state. The government has pledged to monitor progress closely through the quarterly reporting mechanism, with defaulters or abusers facing appropriate sanctions. This development marks one of the largest single interventions in the transport and emergency services sectors under Governor Lawal’s administration and stakeholders are watching closely to see how the scheme translates into tangible improvements for ordinary Zamfara residents.
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