Hyderabad News Desk

Renowned Nigerian logistics firm, Gracias Logistics Limited, has stepped up financial empowerment in the country with its motorcycle acquisition. Founded by Dr. Ololade Valentina Abuta, Gracias Logistics facilitates logistics for individuals and organizations through agents using motorcycles. Under the initiative, vendors can own their bikes as independent riders or SMEs with zero capital. Gracias Logistics facilitates bike purchase and the owner spreads the payment and can pay through the proceeds of the business.

Dr. Ololade Valentina Abuta, CEO, Gracias Logistics

According to KPMG, unemployment rate in Nigeria will hit 41% in 2023, one of the highest in the world. The high unemployment rate combined with recent removal in fuel subsidy that led to skyrocketing living costs have left millions of Nigerians stuck in the poverty trap. Through its vendor operations model, Gracias Logistics creates employment for thousands of Nigerian youths.

“Our vision is to create a world class logistics business whilst empowering thousands of youths to be financially independent,” said CEO, Dr. Ololade Valentina Abuta. “We are facilitators of business. This means that agents can partner with us as licensed operators and leverage on the brand’s integrity and competence whilst they manage their operations independent of the company’s control.”

According to Abuta, who is also a renowned real estate business tycoon, there are ownership and expansion opportunities for independent riders and SMEs operating under the Gracias Logistics umbrella. Other benefits include NIPOST licensing, central maintenance, and bike insurance.

Dr. Ololade Valentina Abuta is a prominent Nigerian tycoon known for her remarkable contributions to multiple sectors of the economy including real estate and logistics. With a passion for empowering entrepreneurs and fostering growth, she has achieved significant success through her multiple business ventures and developmental initiatives. She is also the founder and CEO of Gracias Global Homes & Property Ltd, a renowned name in Nigeria’s real estate industry. As a visionary leader dedicated to driving positive change in African’s business landscape, Dr. Abuta also owns a private foundation that caters for widows and students. The foundation pays the school fees of 100 tertiary institution students every year.

Dr. Abuta has a PhD in construction Management and Estate Development from European American University and a Doctor of Science in Business Management & Administration from American-based International Entrepreneurship University (IEU). She is currently the publicity secretary of the Real Estate Developers Association of Nigeria (REDAN) Lagos Chapter. In 2022, she was appointed as a Mayor of Peace by the United Nations (UN-POLAC).

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