Envelope manufacturing amazon – Princess Funlayo Bakare-Okeowo, Managing Director/CEO of FAE LTD has been awarded Leadership Excellence in Manufacturing and Entrepreneurship in recognition of her pioneering role in overcoming manufacturing challenges as indigenous manufacturer in Nigeria’s economy.
As a manufacturing concern operating in Nigeria, the firm (like many others) has been beset with quite a number of challenges such as epileptic power supply, regulatory issues, multiplicity of taxes, and unstable foreign exchange amongst others that do not allow the manufacturing industry to breathe. However, as a privately-owned firm that combine basic local knowledge and international expertise to deliver paper product that is second to none, FAE has consistently weathered the storm with innovative products thereby evoking strong confidence from her clients and distributors making FAE to continue to grow, covering many industries within the broad expanse of the Economic Community of West African States (ECOWAS) region, including the financial, energy, business services and banking sectors. Today, FAE Limited, established more than 40 years ago is Nigeria’s No.1 and leading envelope manufacturing and paper packaging company.
That was the reason Centre for Values in Leadership (CVL) at its 60th edition of Leadership Colloquium on Wednesday 21st of June 2023, awarded Princess Funlayo Bakare-Okeowo alongside Mr. Duro Kuteyi, renowned food technologist and Managing Director of Spectra Industries LTD (indigenous market leader in processing of functional foods) the body’s Leadership Excellence in Manufacturing and Entrepreneurship Award.
In a chat with newsmen after her award presentation, Princess Funlayo Bakare-Okeowo noted that the award was both a great honour and an encouragement to her – as she enjoined other entrepreneurs to be consistent in doing their best; “along the line people will fish you out and they will appreciate you” she said while imploring Nigerians to continue to encourage indigenous manufacturers by patronizing made in Nigeria goods. “Government agencies too should not see the problems of Nigeria as Master-Servant relationship. They should encourage manufacturers” she admonished.
CVL (Centre for Values in Leadership) is a not-for-profit organization set up by renowned economist and management expert – Prof. Pat Utomi on the 10th of March 2004 to take an inside-out approach to values re-orientation and leadership development.
For more information on FAE LTD, visit www.fae.com.ng
