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Industrialist, Ezeude wins 2020 Ernst & Young Entrepreneur Award for Beloxxi Biscuits

Beloxxi Biscuits maker, Obi Ezeude wins 2020 Ernst and Young Global Entrepreneur Award for West Africa

NEWSMAN, Lagos – Foremost industrialist and Nigerian biscuits manufacturer, Obi Ezeude has won the 2020 Ernst and Young Global Entrepreneur Award for West Africa, in the Emerging Entrepreneur category, beating three others to clinch the award.

“Two years of extensive scrutiny, series of interviews and factory visit,” Ezeude said was what it took before his being named winner. He was presented with the award at a gala/award dinner on Friday, March 6 at the prestigious Eko Hotels & Suites in Lagos.

The award was presented to Ezeude the by Deputy Governor of Lagos State, Obafemi Hamzat.

Some of the entrepreneurs in the Emerging Entrepreneur category that competed with the Beloxxi Biscuits manufacturer are Toni Ogunbor, founder of Nosak Group of Companies; Godwin Ehigiamusoe, founder/MD of LAPO Microfinance Bank Limited; and Olakunle Akeju, founder/CEO of Petrogap Oil & Gas Limited.

“The EY Entrepreneur Award 2020 West Africa that I won is dedicated to the very, very young Nigerians that I have the rarest opportunity to lead since 1994,” Ezeude said on his winning the much-coveted award.

Ezeude said “despite the obstacles and impediments that confronts their daily lives, we still built this formidable biscuits institution…….Beloxxi. It is my modest contribution to the national development of Nigeria through Beloxxi Industries.”

The 6th edition of EY Entrepreneur of the Year Awards 2020 for West Africa had six finalists who were shortlisted for both Master and Emerging categories after rigorous screening processes.

Head of markets and EOY leader West Africa, Ashish Bakhshi said the award was meant to encourage entrepreneurs and remarkable business leaders breaking new grounds.

“They are incredible individuals who are more of doers than preachers. This is the principal reason EY instituted the award program to honour and celebrate these extraordinary sets of individuals,” Bakhshi said in an interview with BusinessDay.

Other winners at the awards included Michael Olasubomi Balogun, foremost industrialist and Founder of First City Monument Bank (FCMB) who was bestowed with the Lifetime Achievement Award.

The Master Entrepreneur category included Cosmas Maduka, founder, president/CEO of Coscharis Group, and Igbuan Okaisabor, founder/CEO of Construction Kaiser.

EY country leader and regional managing partner for West Africa, Henry Egbiki said the awards were to encourage and celebrate job providers who are using innovation to drive manufacturing thereby contributing to economic growth.

“The EY Entrepreneur Of The Year award was instituted to recognise and celebrate unique sets of men and women in West Africa who use their entrepreneurial energy and passion to reshape our world with their innovation thus create economic and social values in the business world through creating job opportunities,” Egbiki said.

EY Global Entrepreneur Of The Year programme has enjoyed international recognition for the past 34 years as the most celebrated global business award.

It spans more than 150 cities in 60 countries, which together represent more than 90 percent of the global economy.

Below are more pictures from the event.

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