Cosmas Maduka, President and CEO of Coscharis Group, one of Nigeria’s leading conglomerates recently received an award as the ‘Investor of the Year’ in Nigeria at last Sun Newspaper Award 2017 ceremony held in Lagos, Nigeria’s commercial capital. This was in recognition of his doggedness in building Coscharis Group into a household brand from scratch and contributing immensely towards economic growth in Nigeria and in the area of job creation.
Reacting to the Sun’s Investor of the Year award, Cosmas Maduka described it as a prized recognition for his struggles and challenges over the years which he had turned to opportunities to build a timeless organisation. According to the organisers of the award, The Sun Publishing Limited, Maduka had built a global brand with a local brand name in Coscharis having secured the confidence of globally respected auto brands with exclusive franchises of brands as BMW, Jaguar Land Rover, Ford, MINI and Rolls Royce over the years as their representative in Nigeria.
In his words, Eric Osagie, the Managing Director of The Sun Publishing Limited, said, ‘’we felt strongly that Cosmas Maduka duly deserve this special award based on the fact that within a short time of diversifying into agriculture, the Coscharis Rice brand name has become an house hold name within the agro – allied sector.
This really gave the judges an easy task to give him this award based on his dynamism within the business terrain having virtually conquered the auto world, now doing well in agriculture’’. Osagie stated that “Coscharis Group, has grown in leaps and bounds to emerge as one of Nigeria’s fastest growing conglomerates, with interests spanning manufacturing, ICT, petrochemical, autocare and auto components, automobiles sales and services, agriculture and agro-allied business.”
He noted that Cosmas Maduka is an ardent adherent in the Nigerian project despite its harsh operating environment. “You have continued to venture and invest.
Sometimes, one wonders what drives you. At the time when some investors are going away, you are
investing more and more.”
According to Abiona Babarinde, General Manager, Marketing and Corporate Communications, Coscharis Group, this award is yet another valuable confirmation of the massive impacts and believe Maduka have had on the Nigerian economy and beyond using the Coscharis brand. Coscharis Group is a conglomerate with investments in cars assemblage, automobiles sales and services, auto-care and auto components distributorship, ICT, petrochemical, , agriculture and agro-allied business across Nigeria, Gabon, Cote D’Ivoire and Ghana.