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Prince Nicholas Ukachukwu’s 140 Million Dollars Investment In Awka Collapse! Niccus Employers Cry For Help over unpaid salary!

When Prince Nicholas Ukachukwu, a former House of Representative Member and Evangelist as well as an Industrialist broke a cheering news that his multimillion dollar investment in Awka is set to be commissioned years back, Anambrarians  received the news with a pinch of salt based on the agonies of those working at Niccus Industries Limited.

 

Society Reporters NG reports that Ukachukwu is a dogged fighter even in politics and all he had laid his hands on even in beating mercilessly political opponents but that announcement is with a hiccup.

 

As a former gubernatorial aspirant in the state under PDP and later Hope party, Chief Nicholas Ukachukwu was outstanding and marches money for money and force to force with all major contenders. He could have been in the senate now representing Anambra South senatorial zone but for smartness of Chief Chris Ubah that outshine his own smartness and his brother Senator Andy Ubah is there now.

 

At a stakeholders meeting at the Governor’s lodge then Prince Ukachukwu announced that his $140m investment in Awka would soon be ready for commissioning while he was perfecting plans to cite more industries in other parts of the state.

 

He commended the governor for demonstrating a deep sincerity of purpose and assured him of his support as well as his belief in his ability to deliver on his promise to Ndi Anambra.

 

But the fears stemmed from the investment at Onitsha Niccus industries limited manufacturing over 21 domestic products  including ladies sanitary towels , baby diapers , pencils , medicated , Antiseptic , Toilet and Bar soap, plastic bottles and bottled water.

Others are Instant noodles , Jute sack and Ghana must go bags , converted papers and cartons , can juice as well as Polythene and shopping bags

Niccus Industries limited is located at Nkpor Junction and before now was beehive of activities employing over 6,000 direct and  about 1,000 indirect staff .

 

But today staff are owed several months of salary and the place is a ghost of itself with many resigning and going without their entitlements.

 

It was alleged that the manager who happens to be a relative of the Prince ran the place aground as one could not reconcile the business acumen in Prince and Princess estate as well as many international schools that are a huge success to the Niccus delima which is an irony, Niccus is a subsidiary of SNECOU Group of companies.

 

But the Managing Director of Niccus Industries Limited , Pastor Oguine told us that all hope was not lost to resuscitate the factory back to its footings as every efforts have been put in place by the chairman Prince Nicholas Ukachukwu to revamp the ailing factory.

 

He blamed the previous governments in the state of being responsible for the predicament the factory is suffering because the Chairman of the company Prince Ukachukwu is in politics , his efforts were allegedly frustrated leading to the suffering of the over 7,000 staff in the company.

 

He decried the pains and agonies thousands of workers there went through because of adverse government policies without knowing that it would not be the Chairman of the company that would suffer the pains but the masses employed there. He hoped soonest all the agonies would be in the past.

 

And because the MD was skeptical of news, he was not troubled further about some salient points about Niccus like how many years staff were owed salary and stuff like that.

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In a recent development, Remember how few weeks ago, an Igbo businessman/politician, Chief Peter

Nwaedozie Alias Mkpume from Ogboji town in Orumba LGA of Anambra State gave residents and the media quite an episode to watch when he took off his clothes publicly on camera and went stark naked to demand for the money he was being owed by an alleged rich debtor?! It’s not forgettable so easily!

The rich debtor has been identified as Prince Nicholas Ukachukwu.

The incident occurred at Ali Akilu Street in the highbrow Asokoro District in Abuja.

Obviously fed up of the incessant excuses by Mr Nicholas, Chief Peter Nwaedozie resorted to the method of going stark naked in the house of his debtor just to compel him to settle the debt. He also

claimed that Prince Ukachukwu had threatened to lock him up if he continued

to demand for his money. New family photos of the debtee have

emerged. Its believe to be about a whooping sum of #34 million.

Society Reporters gathered that Prince ukachukwu is now on the run as everything seems to be crumbling for him now.

We will keep you updated as soon as we lay our hands on more information.

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