Anosike retires as president of Folio Comms, assigns young people hard work

By Juliet Umeh

The President and CEO of Folio Communications Limited, Mr. Fidelis Anosike, has accused young Nigerians of taking bold steps towards their future if they hoped to break even.

Anosike said his advice, right after his resignation from the company’s board, was based on today’s economic realities.

Anosike also unveiled new company board members, adding that Folio Communications Limited is a conglomerate founded when he was 24 years old, after graduating from the University of Benin, where he studied Creative Arts.

According to him, other companies under the conglomerate include Folio Nigeria, powered by CNN; Daily Times Nigeria; Miss Nigeria; October 1st; Times Multimedia and Creative Africa Xchange, CAX.

Anosike said: “I am proud to announce my resignation as President and CEO of Folio Communications Limited, a company that I founded directly from the University of Benin at the age of 24.

“We have nurtured this company to purchase many other sets that are in our stable today.

“I am very proud of what we were able to achieve, which should be an inspiration to our young people.”

Speaking of how he lost his father, who was a young police officer at a young age, Anosike advised the young men to be hardworking, resilient, and believe that nothing can stop them from achieving their goals.

He said: “Once you think you are Nigerian, nothing can stop you. My father, who was a minor police officer, passed away at age 52, leaving my mother uneducated to work to train five boys and three girls, who are now adult men and women. “

New board members

Anosike, former president of Folio Communications, also revealed the new members of the Folio board: Mr. Sam Worlu, former CEO of Voice of Nigeria (VON), president; Noel Anosike, Executive Vice President; Mallam Mohammed Ciroma; Dr. Victor Alaofin; Mrs. Chioma Okigbo; and Mrs. Chiamaka Igwe, all non-executive director.

Also on the board is Mr. Aliu Akoshile, who assumed leadership of Folio Communications’ executive management as Managing Director / Editor-in-Chief, since May 2019.

Anosike said he believes the new board will achieve the vision of Folio Communications by becoming the most valuable and impactful media company in Nigeria.

He added: “I thank my numerous pillars and adversaries for this opportunity and the Almighty God for the grace they gave me.”