Nze Edozie Uche Okafor, Chairman of U.O.O Nigeria Plc, recently lauded Abia State Governor Dr. Alex Otti for the swift developmental strides observed in the region. During the company’s 36th Annual General Meeting in Lagos, Okafor highlighted the significant upgrades in Aba, noting improvements in security, infrastructure, and the influx of new business investments.
The company, which traces its roots back to Aba, intends to host its upcoming 70th-anniversary celebration in the city to honor its heritage and economic contributions. Despite prevailing economic difficulties, including high inflation and security concerns that hinder strategic planning, U.O.O Nigeria Plc continues to deliver profits and dividends to its shareholders.
Mrs. Anuri Iyalla, the Company Secretary and Legal Adviser, emphasized the firm’s dedication to corporate governance, accountability, and ethical standards as mandated by the Companies and Allied Matters Act 2020. During the meeting, shareholders reaffirmed their support for the current growth path by re-electing key non-executive board members. Established in 1956 by Chief Nzedioramma Uche Okafor, the firm has successfully diversified from a trading house into a multi-sector conglomerate spanning manufacturing, real estate, and agriculture.
