The Chief Executive Officer of Law Automobile, Dr. Lawrence Momodu has marked his birthday along with the company's 6th anniversary since it came into the Nigerian business space.
At a ceremony in Abuja which had top dignitaries in attendance, Dr. Momodu and his family were full of thanks for the double blessing.
In attendance include stakeholders from the automobile and entertainment industry, heads of corporate organizations, academics, heads of government parastatal and more.
Dr. Momodu who was full of thanks to his family, staff and stakeholders for their support emphasized the importance of building bridges rather than building fences. "Bridges connect, while fences demarcate", he stated.
He also recalled how he started his business journey. "I left Nigeria for South Korea in the year 2005 but came back to Nigeria in 2016 to establish my own business, most of my cars are brought from South Korea I have a very strong business connection from Korea, and few from US".
Describing his brand of cars as very unique, Dr. Momodu expressed gratitude for the gift of another year in his life, noting that God's grace has been his pillar of support to meet expectations, navigate challenges, and move with determination.
"I feel so blessed looking back where I'm coming from, it wasn't easy nothing good comes easy. I had some challenges like any other establishment. One of such is that most customers in Nigeria, because of the severe economic realities prefers to buy brands which they feel are cheap to maintain.
"Another challenge which is the greatest is the exchange rate which often fluctuates. It causes negative impacts on our business because automobile heavily depends on dollar and other foreign currencies for transactions", he noted.
Dr. Momodu therefore urged the government to be intentional on monetary and fiscal policy so that businesses will not have to suffer huge but avoidable losses.
Some of the celebrant's associates at the ceremony described him as humble, easy going and wonderful. They extolled his readiness to support and lend a helping hand to others.
Guests were thrilled with comedy, cultural music and dances.
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