Omoyele, Nnodi, others to discuss declining consumer purchase power at 2025 Industry Summit
Lampe Omoyele, MD, Nitro 121 Limited, Dr. Obinna Ike, CEO/MD, NigerBev Limited and a host of other seasoned experts have been selected to discuss declining consumer purchase power at 2025 Industry Summit.
Announcing the 2025 theme: “Understanding Changing Consumer Preferences in Troubled FMCG’s Space”, Goddie Ofose, Convener, The Industry Summit & Awards (TIES), stated that the dwindling purchasing power of consumers has become one of the major reasons that manufacturing sector declared heavy inventory loss in 2024, and organisations must design innovative approach to tackling this menace in 2025.
Ofose pointed that, “Inflationary impact is real and it has continued to dig some holes in the pockets of consumers, which in turn results in consumers’ preferences. Manufacturers must adapt to the shifting consumer preferences if they must survive”.
According to Ofose, Dr. Obinna Ike will chair the event while Lampe Omoyele, will deliver the keynote paper on the theme.
Also lined up as guest speakers are Toyin Nnodi, former MD, CHI Limited, Stanley Obi, immediate past Prime Business Director at Grand Oak/Co-founder/CEO of Innova Hive Integrated and Anthony Eigbe, Vice President, Creative & Communications, UAC Nigeria Plc.
This year’s programme is scheduled for Friday, May 2, 2025 for lecture taking place at Chartered Institute of Bankers of Nigeria, Victoria Island and dinner & awards to be held on Saturday May 3, 2025 at Civic Centre, Victoria Island.
Ayo Awosika, GM, Commercial, UAC Foods, Remi Akanda, Director, Marketing & Corporate Communications, LAPO Microfinance Bank, Adeola Amosun – Group Media Manager, Tolaram, Gbemileke Lawal, Marketing Manager, Grand Oak Limited, and Oluseun Mudashiru, Brand Manager- Big Bull Rice, TGI Group, among others will feature in the panel session.
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