Billionaire entrepreneur Cosmas Maduka, Chairman of Coscharis Group, shares his inspirational journey from a humble childhood and war-stricken Nigeria to building a multi-billion-naira empire. Reflecting on his career, vision-driven approach, and life lessons, Maduka reveals how resilience and determination shaped his success despite early hardships and minimal formal education.
Cosmas Maduka, chairman of the Coscharis Group, remains an emblem of resilience and vision. Born in Jos, his childhood was shaped by early loss and the Nigerian Civil War. Orphaned at four, he faced immense hardship but was imbued with a determination that would later define his journey to success.
Maduka's entrepreneurial roots trace back to his apprenticeship under an uncle in Lagos, where he earned his first N200 settlement after six years. Against advice, he accepted the modest sum, determined to carve his path. He recalls his early days hawking merchandise between Lagos and Nnewi, inspired by the precision of companies like Leventis.
At 15, he meticulously outlined life goals: owning a home by 18, marrying by 20, and becoming a millionaire by 25. His ambitious mindset often drew criticism, but Maduka remained unwavering, driven by a powerful vision. He co-founded Coscharis with his wife, combining their names, and transformed it into a leading conglomerate spanning automotive, agriculture, and manufacturing.
One pivotal moment came in 1981, when he secured an import license for Coscharis Limited, earning immense profits and cementing the company’s reputation. Despite significant risks, including a venture that nearly jeopardized his franchise, Maduka’s resilience propelled his success.
Today, he attributes his achievements to faith, hard work, and strategic planning. Though a billionaire, Maduka frequently preaches on the streets, underscoring his belief in humility and service. His story is a testament to turning adversity into opportunity through vision and persistence.
