Business Culture News

Roberta Edu Champions Manufacturing Amid Economic Turmoil, Inspires Entrepreneurs

In the Face of Economic Challenges, Roberta Edu, CEO of Moppet, Highlights the Power of Manufacturing

In a recent statement, Roberta Edu, the dynamic Chief Executive of Moppet, a rapidly growing baby formula brand, emphasizes the significance of manufacturing in a country grappling with economic uncertainties.

In response to the ongoing economic challenges, exacerbated by currency crashes and forex parity issues, manufacturing emerges as a beacon of hope, echoing the sentiments of Peter Obi, the former presidential aspirant of the Labour Party. Edu advocates for a shift from Nigeria’s current import-oriented economy.

Edu, a versatile professional transitioning from software development to a prominent role in manufacturing, asserts that determination and focus are the keys to becoming a successful manufacturer. In a Facebook comment, she notes the closure of two baby cereal manufacturers and the temporary halt of a third, signaling the industry’s volatility.

Sharing insights into Moppet’s journey, Edu reveals, “We started manufacturing amidst crises—amidst the Russia-Ukraine War, surging diesel prices, and soaring raw material costs. Despite being relatively unknown, we persevered, wearing the resilience hat to achieve our current position.”

Overcoming challenges has not only opened doors for Moppet but has also created opportunities for others. Edu reflects, “The beauty of overcoming challenges is that it allows you to pave the way for others and earn by teaching them the ropes.”

Edu narrates a recent interaction with a fellow manufacturer seeking guidance, highlighting the recognition of her achievements. She acknowledges that the right time to embark on challenges is when they seem most formidable.

In conclusion, Roberta Edu stands as a testament to the potential for success in manufacturing, even amidst adversity.

Written and Compiled by Anthony Emeka Nwosu
Contact: antoniokrys@gmail.com

Leave a Comment

Your email address will not be published.

You may also like

Business Economy Events Technology Technology Trends

Hanson Johnson of Start Innovation Hub Propels Akwa Ibom’s Transformation into an ICT Hub

post-image

 

In a pivotal move aimed at reshaping the economic landscape of Akwa Ibom State, Hanson Johnson, the Founder/CEO of Start Innovation Hub and a prominent figure in the digital ecosystem, has unveiled plans for the Akwa Ibom Tech Week. This initiative marks a significant step towards transitioning the state from its reliance on oil and agriculture to becoming a thriving center for Information and Communication Technology (ICT).No alt text provided for this image

During a recent address, Johnson articulated his vision for the region, stating, “There’s been extensive deliberation within closed circles regarding our shared ambition to transform Africa into a hub for living, working, and creating opportunities, starting right here in Akwa Ibom State 😜. Out of these discussions emerged Akwa Ibom Tech Week and numerous other initiatives, including the Ibom Innovation Network, designed to foster collaboration among innovators.”

Expressing his…

Read More
Business Culture Education

Anambra Governor Lauds State School Girls for National ICT Victory

post-image

 

Chukwuma Soludo, Governor of Anambra State, celebrated the remarkable achievement of three girls from a state school who brought honor to Anambra by securing a national laurel. This accolade comes shortly after another public school, CKC, garnered laurels in the United States.

Governor Soludo conveyed his heartfelt congratulations to Immaculate Ebube Ikegwuonu, Camilla Anyadike, and Nweke-Nonso Oluchi from St. John Vianney Science College, Igbariam, Anambra East LGA, for clinching the prestigious National Girls in ICT Competition 2024 championship title.

Their triumph in the competition, organized by the Federal Ministry of Communication, Innovation, and Digital Economy, not only highlights their exceptional abilities but also brings immense pride to Anambra State.

These talented young ladies displayed unwavering determination, securing victory at the state, regional, and national levels.

Their project, the M-Tag VR, which showcases Nigeria’s iconic landmarks and cultural heritage, exemplifies the innovative spirit and ingenuity of Anambra’s youth.

This victory not only underscores the impact…

Read More
Business Economy

Federal Government Takes Decisive Action, Revokes 924 Dormant Mining Licenses

post-image

 

In a significant move aimed at revitalizing the mining sector, the Federal Government has revoked a total of 924 dormant licenses covering exploration, mining, small-scale mining, and quarrying activities. The announcement came during a press conference on Wednesday, led by the Minister of Solid Minerals Development, Dr. Dele Alake.

Dr. Alake underscored that the decision was made in accordance with constitutional provisions and after providing adequate notice to concerned parties through the official Gazette of the Federal Republic of Nigeria, No. 227, issued on December 27, 2023. He emphasized that license holders were given a 30-day window to rectify their dormant status, with 39 licensees either resuming operations or presenting valid reasons for their inactivity.

The revocation affects a range of licenses, including 528 exploration licenses, 20 mining leases, 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML). Dr. Alake stressed that the action followed due process and aligns with…

Read More
Business Economy Software Technology Travels

Nigerian tech ecosystem leads Artificial Intelligence (AI) innovation race at GITEX AFRICA’s Artificial Intelligence (AI) Everything Expo launch

post-image

Nigerian start-ups are leading an epic AI innovation race with innovative digital solutions solving cross-continental challenges, as the very best from Africa’s largest economy take centre stage at the rising Silicon Valley’s largest tech and start-up event in Morocco next month.

 

From AI-powered diabetic care, to SaaS (Software as a Service) platforms boosting agriculture profitability, Nigerian tech is shaping the future of Africa’s burgeoning digital economy, enticing global investors with tantalising venture opportunities at the AI Everything Expo by GITEX AFRICA 2024, the continent’s largest tech and start-up event, from 29-31 May in Marrakech.

Nigeria’s bold initiatives establishing the country as a dominant force in AI and tech talent development will be amplified by strong venture capital demand and interest at GITEX AFRICA’s AI Everything showcase, the continent’s most progressive power forum for AI exploration and deep tech innovation.

That demand will be intensified by the incredible AI growth opportunity in Nigeria;…

Read More
Art Business Culture Entertainment Events Society

Billionaire Bitcoin Merchant Establishes Free Music Recording Studio in Enugu to Empower Artists

post-image

 

In a bid to tackle the financial hurdles hindering the rise of emerging artists, particularly in Nigeria’s Eastern region, a prominent figure, Gaius Chibueze, popularly known as Bitcoin Chief, has taken a remarkable step. Recognizing the pivotal role of studio expenses in stifling talent, Chibueze has unveiled a state-of-the-art music studio in Enugu, offering recording and mastering services entirely free of charge.

The initiative comes as a response to the prevalent challenge faced by budding musicians, where the high costs associated with studio sessions and production often serve as a barrier to entry into the global music scene. With Nigeria boasting a burgeoning entertainment industry that commands international acclaim, the inability of talented individuals to access essential resources has remained a persistent issue.

Chibueze, an astute entrepreneur known for his ventures in the Bitcoin market, aims to address this disparity by providing a platform that nurtures creativity without financial constraints. His…

Read More
Business Economy Technology Technology Trends

NASENI, Nasarawa State, Firm to Establish Tractor Manufacturing Plant in North-Central Geo-political Zone

post-image

As Governor A.A Sule Visits NASENI to Facilitate Discussions on the Project

The National Agency for Science and Engineering Infrastructure (NASENI), is set to collaborate with Nasarawa state government and Bobtrack Tractors, a division of Saint Bob Motors Limited to start the manufacturing and assembling of tractors in the north-central geo-political zone.

The facilities and infrastructure available at one of NASENI’s Institutes, Agricultural Machinery and Equipment Development Institute (AMEDI), Lafia, Nasarawa state will be used for assembling and manufacturing of the tractors.

According to the Executive Vice Chairman/Chief Executive Officer, NASENI, Mr. Khalil Suleiman Halilu, the project which is aimed at creating wealth and jobs for Nigerian youths is in line with President Tinubu’s Renewed Hope Agenda of ensuring food security and promotion of mechanized farming and agro-business in the country. Halilu disclosed this when the Executive Governor of Nasarawa State, Engr. Abdulahi A. Sule led a delegation comprising of Bob…

Read More
Business Economy

Shaping the future of banking in Africa with EFT Corporation

post-image

 

 

Last year, the World Economic Forum called Africa the “world leader” in digital and mobile banking. There’s no doubt that banking in Africa has undergone significant changes in the last few years and that it will continue to change and grow in the coming years.

 

How can business leaders prepare for this? How has the landscape shifted? And, most importantly, what opportunities does this create?

 

The Banking on the Future with EFT Corporation Conference, taking place from 13 to 15 May 2024 in Victoria Falls, will bring together C-suite executives from more than 70 of Africa’s premier banks to address these pivotal conversations. Attendees can anticipate indispensable insights from keynote speakers as well as valuable networking opportunities.

 

As a leader in the digital payment ecosystem, EFT Corporation (EFTCorp) aims to provide a comprehensive exploration of the digital banking landscape in Africa and the transformative potential it holds for businesses and communities…

Read More
Business Culture Government Health

Revna Biosciences: A Beacon of Excellence with Dual International Organization for Standardization (ISO) Accreditations in Ghana and West Africa

post-image

Revna Biosciences (www.RevnaBio.com) has carved a niche for itself in Ghana and West Africa by being the first facility in the region to secure dual ISO accreditations: ISO 15189:2022 for clinical diagnostics and ISO 20387:2018 for biobanking. This milestone is a testament to RevnaBio’s unwavering commitment to championing precision medicine by propelling molecular diagnostics and therapeutic discovery in the region.

 

A Pledge to Quality and Patient Care

The American Association for Laboratory Accreditation (A2LA) has bestowed the ISO 15189:2022 accreditation upon Revna Biosciences, acknowledging its dedication to delivering top-tier clinical testing services. The accreditation process entailed a rigorous on-site evaluation by A2LA’s assessors, verifying the facility’s compliance with strict standards of precision, reliability, and patient confidentiality.

Revna Biosciences’ accreditation encompasses an extensive array of human sample tests, including those involving urine, swabs, blood, bone marrow, tissue samples, and plasma. With a specialization in bacteriology, virology, and molecular pathology,…

Read More