Why Influential Figure Thomas Etuh Is Investing Heavily On New Business

Thomas Etuh, the Influential figure who is reputable for hobnobbing with high and mighty in the corridor of power and beyond has just made a huge investment to expand his business frontiers.

And his aim is simple, he wants to rank among the biggest in another terrain he has his eyes on.

The new investment according to those in the know is on the acquisition of brand new trucks for the logistics business the notable businessman who was the Chairman, Board of Directors of Unity Bank Plc between January 23, 2015, and October 4, 2017, launched not too long ago.

The newly launched enterprise the businessman is sparing no dime to make a success has already been christened TAK Logistics, highstreet.ng understands.

Sources who are familiar with the arrangement revealed the new venture boosts of 350 trucks in the fleet.

And all of 15.7 billion was said to have been expended by the connected businessman who is the Founder and Chairman of the TAK group of companies.

Interestingly, TAK group of companies comprises TAK Continental Limited, TAK Asset Management, TAK Agro, TAK Aviation, Thomasses and Associates Limited (UK) and Cape Cross Salt (PTY) of Namibia). And now TAK Logistics.

Information at the disposal of highstreet.ng showed Mr Thomas Etuh’s new business has a worthy financial partner in Olaniran Olayinka led financial institution, Keystone Bank.

Leave a Reply

Your email address will not be published. Required fields are marked *

66 − 63 =
Powered by MathCaptcha

You May Also Like

Spokesperson Tells Adeleke’s Agenda For Power Sector, Digital Economy, Climate Change

He narrated that the Governor indeed broke new grounds by launching out the making of Osun state Electricity market policy

Why Canadian Court Threw Out Suit Challenging Seizure Of Dan Etete’s Jet Over $1.3bn Malabu Oil Deal

Why Canadian Court Threw Out Suit Challenging Seizure Of Dan Etete’s Jet…

“Pay Gabriele Volpi $680m” Lodon Court Tells Oando CEO Wale Tinubu

Amid accusations by aggrieved shareholders of attempts to suppress the report of…

COVID-19: How Coke Cares Saved My Life And My Children – Widowed Mother Of 4

Abigail Agatha is a widowed mother of four. Prior to the outbreak…