The Chief Executive Officer of Cutix Plc, Ijeoma Odunoye, has been honoured with the award of the most successful female entrepreneur/excellent performer as a woman chief executive by the Nigerian Association of Small and Medium Enterprises.
Odunoye, who doubles as the Deputy President South of NASME, was feted at the NASME 2025 International Women’s Day/Awards, which were held in Abuja on Saturday.
The event attracted stakeholders and captains of industry, including the Special Adviser to the President on Job Creation and MSMEs, Mr Olatunji Johnson, who represented President Bola Ahmed Tinubu and also delivered the keynote address.
“The awards are to recognise and celebrate entrepreneurs, entrepreneurship ecosystem builders and development partners for their outstanding efforts in the MSME sub-sector of the economy.
It is also an event to honour the achievements of exceptional leaders that have distinguished themselves in their areas of endeavour,” NASME national president, Dr Abdulrashid Yerima, said.
“NASME recognises the supportive roles of Mrs Ijeoma Oduonye in the development of the MSME sector of the economy of the nation and wishes that this tempo is sustained for the benefit of MSMEs in the country,” he added.
In her acceptance speech, Odunoye dedicated the award to the Cutix board, management and workforce, noting that the company will keep setting the standard in terms of quality.
“I appreciate the board of directors of the company that had worked hand in hand with the management to reach the milestone we are celebrating today. I appreciate the management team and every staff member of Cutix. I appreciate every contribution because I couldn’t have done it alone, and I believe God will take us to greater heights.
“My advice has always been, for everything you want to do, let the quality speak for you. For every business you want to go into, try to find out what the rudiments and standards are guiding it, and you work according to these. That has kept Cutix going. People will come to the market and say Cutix is expensive but buy Cutix and sleep with your two eyes closed. Even the electricians will tell you that if you don’t want to be spending on repairs and maintenance, use Cutix. It is expensive because we don’t cut corners. I’m telling people as a member of NASME whom I call my family, Quality will speak for you.”
Cutix Plc is engaged in the manufacturing and marketing of electrical, automobile, and telecommunication wires, cables, and related products.
The company is generally rated highly in Nigeria for its quality products and has consistently received high-level Standard Organisation of Nigeria’s NIS awards for product quality, including gold, since 2003.
Additionally, the company in the 2024 financial year recorded a revenue of N12.18bn, a profit before tax of N1.62bn, and a profit after tax of N1.07bn.
These figures represent year-on-year growth of 32 per cent, 36 per cent, and 35 per cent, respectively.