This conglomerate named after the founder and Chief Executive, Chief (Dr) Alex Chika Okafor KSC, comprises thirteen vibrant companies. A vision and astute entrepreneur and businessman, Chief (Dr) Okafor, fondly called the Eagle by friends, admirers and associates, started out in 1978 as petty trader shuttling between Onitsha, in the south eastern part of Nigeria, Ghana, marketing such simple goods as fishing materials chewing sticks and pepper.
Endowed with a keen eye for business opportunities, Okafor, in 1980, observed the dearth of NACET brand of razor blades in the Nigerian markets, and its preponderance in Ghana. In quick response, he bought up the entire stock of blades in Ghana and shipped same to Nigeria and sold out instantly.
Consequently, upon this financial breakthrough, and buttressed by the burning desire to grow, Chief (Dr) Okafor registered CHICASON NIG. LTD, the mother company of the group in 1981. Between 1981 and today, the thirteen other companies have come on stream. These include:
- Resource Improvement and Manufacturing Company Ltd. (RIMCO).
- Promotex Industrial Chemical Company Ltd.
- A-Z Petroleum Products Ltd
- Trust Global Services Ltd.
- Afro Asia Automobiles Ltd.
- Cason Travels Ltd.
- Neutral Resources Ltd.
- RIMCO Farms and Plantations Ltd
- Chicason-Mannyon Specialist Hospitals Ltd.
- Master Feeds Ltd.
- Master Fertilizers Ltd.
- Best Total Industries Ltd.
- Alex International Agencies Ltd.
The entire subsidiaries are grouped into a name called CHICASON GROUPWith an asset base of over N15billion and staff strength of about three thousand, Chicason Group has continued to wax from strength to strength.
Chicason Group continues to play the role of a “partner in progress” with the government of Nigeria. The positive economic policies of government has given impetus to the group’s forays into new areas like solid minerals, mining, organic fertilizer production, large scale rice farming, fruit juice production, etc. Talks are in progress with government, parastatals and individuals of countries like China, South Africa and Israel to get these ventures off the ground.