10 Businesses Owned by Anambra-Born Billionaire, Ernest Azudialu-Obiejesi


Ernest Azudialu-Obiejesi, a well-known businessman, is a towering figure in the country’s energy landscape, presiding over large operations in both the energy and infrastructure sectors.


As chairman and CEO of Nestoil, Azudialu-Obiejesi wields power that extends far beyond the confines of Nigeria’s energy business, spanning a wide range of initiatives.

Ernest Azudialu-Obiejesi first appeared on the economic scene in Lagos in 1983, when he founded Obijackson West Africa Limited. Since then, he has pursued a variety of projects, progressively expanding his dominance into the energy industry.

He is the unshakable leader of Nestoil, a Nigerian Engineering, Procurement, Construction, and Commissioning (EPCC) firm that oversees the country’s oil and gas industry. However, his influence extends beyond his financial prowess.


The Obijackson Foundation, an altruistic venture created in 2010, is the philanthropic arm of Azudialu-Obiejesi’s legacy.


The foundation’s programs are guided by a mission of improving socioeconomic well-being and include education, empowerment, skill development, infrastructure enhancement, and the advancement of healthcare access.

Azudialu-Obiejesi’s private plane was among the first to land at Anambra State Airport, demonstrating his diverse economic interests.

This highlights his dynamic involvement in aviation as well as regional prosperity, echoing his fundamental devotion to many realms of influence.


Ernest Azudialu-Obiejesi is the owner of the following 10 businesses:

Neconde Exploration and Production Limited
Neconde Exploration and Production Limited, founded on October 19, 2011, is a pillar in Nigeria’s oil and gas business. Neconde is an independent company focused on acquiring and developing valuable petroleum properties. With a winning bid of $585 million, the business won a hefty 45-percent share in OML 42, a prestigious oil mining license in the Niger Delta.

Interwamaco Limited
Interwamaco Limited, which was founded on October 17, 2011, in Lagos, Nigeria, has emerged as a major player in waste management services. Interwamaco, which specializes in the proper collection, transportation, disposal (through landfill), and temporary storage of home, commercial, and industrial waste, plays an important role in ensuring the region’s environmental sustainability and cleanliness.

Nestoil Upstream

Nestoil, a Nigerian company founded in 1999, is challenging industry norms by redefining pipeline construction, maintenance, and repair standards. Nestoil’s influence spans across industries, thanks to its skilled workforce of over 2000 specialists. Beyond pipelines, the company’s competence includes critical activities such as dredging, river crossings, and shoreline protection. This all-encompassing strategy demonstrates Nestoil’s unwavering dedication to innovation and excellence.

Nesto Aviation Services Limited
Nesto Aviation Services (NestAv), founded in August 2013, flies as the aviation branch of the prestigious Obijackson Group, delivering safe air travel both locally and beyond Nigeria’s boundaries. NestAv services VIPs, companies, and non-scheduled clients, specializing in fixed and rotary wing flying solutions. Furthermore, NestAv plays a critical role in offshore oil and gas logistics, highlighting its vital relevance in Nigeria’s oil sector.

Smile Communications Nigeria Limited
Smile Communications Nigeria Limited, a subsidiary of Mauritius-based Smile Telecoms Holdings Limited (Smile Group), inspires change by pioneering 4G LTE mobile broadband networks in Nigeria, Tanzania, and Uganda. Smile provides consumers with quick data access at speeds of up to 21Mbps, boosting these regions toward development and wealth by connecting millions with excellent broadband and voice services.

Julius Berger Nigeria Plc

B&Q Dredging a Member of the Obijackson group has acquired the assets of the Julius Berger dredging department. As a result of this acquisition, B&Q has repositioned itself as the foremost indigenous dredging company in Nigeria. With a staff strength of over 130 dedicated employees, It also owns the largest dredging and marine logistic fleet in Nigeria.
The company’s mission is to be the foremost dredgers in marine and civil construction works in Africa, while the mission is to provide the full range of composite dredging, civil construction and marine logistics services while creating positive experiences for clients. It is committed to cultivating client relationships and ensure a culture of quality, safety, and respect for the environment.

Energy Works Technology (EWT)


Energy Works Technology, a private firm founded in 1999, is important in the industrial fabric of Nigeria and West Africa. EWT’s growth from a light-duty fabricator to a leading Process Equipment Manufacturer, Steel fabricator, and Oil and Gas EPCI service provider highlights its position as a critical supplier of critical industry components. This evolution reflects its commitment to innovation as well as Nigeria’s rise in the global energy market. The achievements of EWT are tied to its revolutionary influence in altering the industrial landscape of West Africa.


Hammakopp


Hammakopp Consortium was incorporated in 1999 and are experts in developing projects from the pre-feasibility phase through conceptual design and FEED studies, detailed design, procurement, construction and project managementand implementation.

The company is a one stop shop for Civil Construction, Maintenance and Fabrication, Environmental and Sewage treatment, heavy structural fabrication, inspection and maintenance services. It has installed its own Asphalt Plant, located in its Okija Base and has the capacity of turning out approximately 120 tons of top-grade asphalt products per hour.



Century Power


Century Power Generation is currently developing a 1500MW gas-fired power plant in Okija, Anambra State. The project is being developed in 3 phases; the first phase is a 495MW open cycle plant. The driving force or vision of the company is to become the largest, most reliable power supplier in Nigeria and eventually Africa, delivering an uninterrupted supply of affordable electricity to businesses, factories, homes, and institutions 24 hours a day, 7 days a week.
Based on the values and an innovative approach to achieving results, Century Power was determined to meet and exceed global benchmarks in the power generation sector.

Shipside Drydock Limited
Another company under the umbrella of Nestoil Group is Shipside Drydock Limited. It is one of the subsidiaries of the Obijackson Group, one of the Sub-Saharan Africa’s fastest growing conglomerate. It’s located on the Okirika Creek in Port Harcourt Rivers State Nigeria. Shipside Drydock is a maintenance and repair facility that houses eight ( state of the art workshops for total maintenance and repair of all types of Marine and Offshore Vessels.
Shipside Drydock Limited is managed by a team of seasoned professionals with a mix of expatriates and highly qualified Nigerians. The facility which was constructed by Damen Shipyard of the Netherlands has grown to become a dependable resource in the West African maritime industry through service excellence.
The company repair and maintenance facilities are tailored towards ensuring safe working conditions, competitive prices, short lead times, high quality workmanship and overall reliability in the service to our clients.



https://anambrapeople.com.ng/2023/08/12/10-businesses-owned-by-anambra-born-billionaire-ernest-azudialu-obiejesi/

Business dey oo 💯

Blake755:
Business dey oo 💯

Men dey oo

Omo this guy is into major things but appears to be quiet about it.

His face is not what comes to mind when you mention billionaires in Nigeria.... Kinda like he prefers to operate under the radar

We are Fate Sake !

Money man