Let start with Nnewi, Nnewi is the second largest city in Anambra State, development of Nnewi market propelled the fast development of the local economy.
Nkwo Nnewi Auto spare parts industry started during the Civil War. By the early 1980’s, manufacturing of autos, spare parts and other goods were added to the economy. These industries have survived over the years due to the quality of their products. Their market shares have increased tremendously in recent years. Today, Nnewi accounts for over 23% of products in the Nigerian market with respect to motor vehicles and motorcycle spare parts.
As a fast developing city and a major industrial and commercial hub in Africa, Nnewi experiences voluminous financial activities, therefore hosts major banks, and other financial institutions. Industries are dotted around the city and adjoining towns. Palm oil, cosmetics, motor, and motorcycle spare parts, books, and stationeries, textiles, electric cables, and so on are produced in commercial quantity in the area. Its main trading centers include Nkwo Nnewi market (the largest spare parts market in west Africa) and Nwafor market, Eke Amaobi market, Eke Ochie, Eke Ichi Market, Orie otube Market, etc.
Nnewi self made city