Connect with us

BUSINESS

Obi Cubana Explains Decision To Open Tricycle Plant In Lagos Instead Of Southeast

Published

on

Nigerian entrepreneur, Obi Cubana, has made a bold business move by opening a keke assembly plant in Ikorodu, Lagos, despite expectations that he would establish it in the Eastern part of the country, given his Igbo heritage.

In a statement, Cubana explained that business decisions should be driven by strategy and what works, rather than emotions or ethnicity.

He emphasized that setting up the plant in Lagos will allow it to thrive and create jobs, and that expansion to other locations, including the East, may follow in the future.

His words; “Since the news of the tricycle assembling plant broke, many have asked, “Why not in the Eastern part of the country?” Let me tell you, young people – business decisions aren’t driven by emotions, but by strategy and what works.

“If setting up the plant in Ikorodu, Lagos will make it thrive and create jobs, then why not? Maybe with time, the business can expand to other locations, based on proven success and consolidation.

“Don’t let ethnicity or the fear of what people will say dictate your business decisions. Make informed, strategic choices with the big picture in mind. Remember, when your business fails, opinions won’t save it”.

Cubana’s move has sparked mixed reactions on social media with many commending his pragmatic approach to business, and his willingness to prioritize success over ethnic considerations.

Advertisement
Article Banner

Below are some pictures from the production site:

Continue Reading
Advertisement
Click to comment
FEATURES9 minutes ago

24 Feared Dead, Others Hospitalised As Suspected Food Poisoning Hits Ondo

ENTERTAINMENT5 hours ago

Papi Urhobo, Voice Behind Timaya’s ‘Ogologomma’ Dies After Illness

FEATURES7 hours ago

UPDATED: Akpabio Denies Threatening North Over 2027 Election

FEATURED7 hours ago

‘We Don’t Need a Party Card to Mourn’—Omo-Agege Slams Benue Govt, Demands Probe into Alleged Obstruction of Obi’s Visit to Violence—Ravaged Yelwata

Defense and Security10 hours ago

Navy Arrests Suspected Fake Officer, Armed Robbery Suspect in Anambra

FEATURED13 hours ago

UPDATED: Keyamo Condemns Blockage of Peter Obi in Benue, Calls It ‘Unacceptable in Democracy’

oil spill
NEWS22 hours ago

HOMEF Demands Urgent Cleanup, Compensation After New Bayelsa Oil Spill Disrupted Coastal Livelihoods

FEATURES24 hours ago

2027: Tinubu Is Beatable, APC Will Come Last — Adebayo

FEATURES1 day ago

Benue Gov Knocks Obi: He Breached Protocol, We Didn’t Know He Was Coming

FEATURED1 day ago

Brittania-U Chair Uju Ifejika Pumps $400M into Chevron’s Divested Delta Oil Field

Defense and Security1 day ago

Tension as Thugs Block Peter Obi From Visiting Yelwata Massacre Victims in Benue

FEATURED1 day ago

Benin-Asaba Expressway: FG Assures Motorists of Quick Fix, Moves to Replace Contractor Over Worsening Road Condition

OPINION1 day ago

OBI-KWANKWASO: STRANGE BEDFELLOWS MERGER, BY ANTHONY OBIRE

FEATURES1 day ago

Customs Officer Dies in Lone Crash on Ikom-Calabar Highway

OPINION2 days ago

THE 3 MUSKETEERS OF ANIOMA POLITICS: WHERE OKOWA, NWOKO, AND OCHEI STAND IN 2027, BY DR NORBERT CHIAZOR

Advertisement
Advertisement

z

   


Article Banner