Despite the current economic challenges, the Board and Management of Cutix Plc, says its vision and mission is in tune with strategies that will ensure the company stays afloat.
The Managing Director, Cutix Plc, Ijeoma Oduonye, disclosed this to newsmen during its 40th anniversary celebration themed: “40 years of striving for a commonwealth” which held in Lagos at the weekend.
Whilst stating that the theme of the anniversary was specially styled to highlight the continuously improving returns to stakeholders of the company since inception, Oduonye noted that Cutix Plc reached the milestone of four decades of operation as a company on November 4, 2022.
She said the company has braved all odds to add tremendous value to a commonwealth pool shared by all stakeholders of Cutix, including shareholders, board of directors, management staff, other staff members, the government, customers, neighbours and the general public.
The CEO said Cutix Plc, known for the exclusive quality of its cables and wires, has continued to blaze the trail in the manufacturing sector amidst the over-the-roof challenges bedeviling the sector in Nigeria while adding that the company will continue to strive to push the made-in-Nigeria narrative and ensures that the company continues to improve.
“The company has sustained its performance because it remains steadfast to its corporate mission of powering and illuminating the world, while aiming at actualising its corporate vision of being one of the top three providers of electrical energy products and services in the world. Without prejudice to anyone or company, Cutix is already ranking as the best in terms of product quality in the country and surely not far off in respect of the top three in the world.”
Our success over the years has been down to the company’s charter which include profitability, fast growth, high quality, ethical, socially responsive, international (with Nigeria as home base) manufacturer of electrical wires and cables and move rapidly to exploit emerging technologies and capabilities in product improvements and diversification”, she said.
Also speaking at the event, the Founder, Cutix Plc, Dr Agulu Uzodike who shared his experience of running the company for several years to produce commonwealth for its stakeholders, which is the core vision of the company, remarked that it is now time for discerning citizens of the country to sit together and ask questions on how to create commonwealth for the nation, like what obtains in China and other developed countries of the world.
“It has been an amazing 40 years and I am happy that we are still in business and that we still remain far ahead of our competitors. We started small but today we have over 8,000 shareholders. We can still do more exploits and with the smooth transition, mission and vision, I hope Nigeria will one day be ready for what we will bring in years to come.