The Nigerian Association of Small and Medium Enterprises (NASME) has honoured the Chief Executive Officer of Cutix Plc, Ijeoma Odunoye with the award of the most successful female entrepreneur/excellent performer as a female chief executive.
Odunoye, who is also NASME’s Vice President (South), was feted at the association’s 2025 International Women’s Day/Awards held in Abuja at the weekend.
The event attracted stakeholders and industry leaders, including Vice President Kashim Shettima, who delivered the keynote address; and First Lady, Senator Oluremi Tinubu.
NASME National President, Dr. Abdulrashid Yerima said: ‘The awards is 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 own areas of endeavour.
‘NASME recognises the supportive roles of Mrs. Ijeoma Oduonye in the development of the MSME sector of the economy of the nation and wish that this tempo is sustained for the benefit of MSMEs in the country’.
In her acceptance speech, Odunoye dedicated the award to the Cutix board, management and workforce, noting that the company would keep setting the quality standards.
She said: ‘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 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 quality speak for you. Every business you want to go into, try to find out what are the rudiments and standards 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, 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 product quality and have consistently received high-level Standard Organisation of Nigeria’s NIS awards for product quality, including gold since 2003.
Additionally, the company has been recognised for its financial performance, with a revenue of N12.18 billion, a profit before tax of ₦1.62 billion, and a profit after tax of ₦1.07 billion in 2024.
These figures represent year-on-year growth of 32%, 36%, and 35%, respectively.
