Debt crisis: Omatek, seeks government’s, stakeholders support
The Managing Director, Omatek Ventutes PLC, Yemi Ogundipe has called on stakeholders, relevant agencies and tertiary institutions across the country, to assist in resolving the company’s debt crisis.
Ogundipe who made this call yesterday in Lagos, against the backdrop of the celebration of the 5th year passing of the founder, Omatek Ventures Plc, Engr, Florence Seriki, said, institutions that have benefited from the Omatek dream, products, should come to her rescue.
He said, resolving the Omatek debt crisis will move the company forward, saying, five years of closure does not augur well for the company and nation’s economy.
Ogundipe, who recalled Seriki’s contributions to girl child education, promotion of local content in the ICT space appealed that the dream should not be allowed to die.
“Nigeria and Nigerians need Omatek at this moment of our development. Many of our youth are migrating abroad, when they could be gainfully employed by factories like Omatek. In the recent past, Omatek set up resource centers in many tertiary institutions to assist young students learn and practically experience the world of ICT,” Ogundipe disclosed.
It was gathered that friends, family members and business partners of the late founder would gather in Lagos, March 3rd to celebrate 5th year of the passing of the great amazon and business icon.
From a humble beginning, she tread where many dared, to make her company, Omatek, to be quoted on the Nigerian Stock Exchange and visible in the Nigerian ICT space for over 35 years. She was one of the pioneer movers for local content policy in Nigeria.
Omatek, is the first Nigerian ICT company to be quoted on the Nigerian Stock Exchange and its products include laptops, tablets,phones computer peripherals accessories, servers, solar products and lighting devices. Unfortunately, the crunch of the global meltdown affected the company’s fortunes and was unable to pay back its obligation to lenders, particularly the Bank of Industries.
Shortly after her death in 2017, Omatek’s flagship factory in Oregun was taken over by a receiver appointed by the Bank of Industries.
