The company, an indigenously promoted company, has flagged off activities to mark its 40th anniversary celebration with the theme: ‘40 Years of Striving for a Commonwealth’.
Managing director and chief executive officer of the company, Mrs. Ijeoma Oduonye, said the theme of the anniversary was specially styled to highlight the continuously improving returns to stakeholders of the company since inception. Oduonye, who disclosed this at press conference in Lagos, said, Cutix Plc reached the milestone of four decades of operation as a company on November 4, 2022.
Going down the memory lane, she said, the company was conceived in 1981 by Engr. Ajulu Uzodike and was incorporated on November 4, 1982 as a Private Limited Company with about 18 friends and relations invited by the founder to pull resources together and generate a start-up capital of about N400, 000.