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How I started my business with N120— Chisco boss

When it comes to entrepreneurship, Chief Dr. Chidi
Anyaegbu, CEO Chisco group has not only proved himself
but has blazed a trail that others can follow.
Like most entrepreneurs from the East, he started out
selling Spare parts. But with a seed fund of just NGN120,
goodwill, a detailed plan and a passion for excellence, Chief
Anyaegbu has grown his transport business into the
conglomerate, Chisco group having arms in Oil and gas,
finance, hospitality, real estate, education, import and
export.
In the course of his business, he also attended several short
Management and Entrepreneurial courses in France, USA,
Brazil, Germany, and United Kingdom. He was conferred
with a Doctorate Degree in Business Administration
(Honoris Causa) by Penn State University, USA in 1996. He
is a Fellow, Chartered Institute of Logistics and Transport
(International) London and possesses the Business
Certificate Award by University of Houston USA.
In this interview with Tobi Solarin from Vanguard Spark, this
passion-driven entrepreneur shares his perspective on
success, business and service to God and humanity.
TS: You have lots of achievements, but share with us what
you regard as your biggest achievement so far?
Chief Anyaegbu: My greatest achievement in life is the God-
given opportunity to me to serve humanity across the globe
because I see serving humanity as the same thing with
serving God. At this stage of my life, what keeps me going
is the provision of over 4000 jobs to the Nigerian populace
of which the youth segment is a clear majority.
TS: You were in the spare parts business before you started
your transport company – Chisco Transport. What inspired
the change?
Chief Anyaegbu: Yes, we started with spare parts
business in 1978 and was very successful but the demand
for transport and logistics services was overwhelming and
was even affecting our business as people and cargo would
always be stuck for days with no vehicle. Chisco Transport
began its pioneer route with Lagos to Onitsha with a fairly
used bus but with hard work and a keen eye on customer
satisfaction we continued to grow from strength to strength
And today our group have not stopped aspiring to meeting
the needs of yearning populace demanding for hospitality
service, energy, haulage, courier and even spare parts, tyres
etc. We strive to live to the expectation of our loyal
customers by being consistent in delivering quality service.
Integrity and honesty are part of the core values of our
brand and that is why all our stakeholders including our
bankers, customers and the government have recognized us
as valuable partners over these decades of active service.

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