2 Ramat Crescent, Ogudu GRA, Lagos.
0901-966-6725

History

Nosak Group > History

TIMELINE

1984

 

WHERE IT ALL BEGAN

Toni Ogunbor resigns from his job as National Sales Manager of Union Carbide Nigeria Limited in Kano.

1985

 

INCORPORATION OF NOSAK AGENCIES LIMITED

Nosak Agencies Limited was incorporated, trading as: - Sati Stores: Commodities and retail - Sabo Ice Blocks: Production and sale of ice blocks. - Nosak Agencies Limited: Import and sale of tyres.

1989

 

RELOCATION FROM KANO TO LAGOS

The businesses relocated to Lagos and Nosak Agencies Limited started importation of potable alcohol.

1991

 

INVESTMENT IN AGRICULTURE

Saturn Farms Limited is established to explore cash cropping with a focus on palm plantation

2000

 

NEW MILLENNIUM: ETHANOL

Alcohol Company of Nigeria Limited (ALCONI) is incorporated as the pioneer in ethanol manufacturing, which later metamorphosed into Nosak Distilleries Limited.

2000

 

INCORPORATION OF INSURANCE BROKERAGE FIRM

Stephen & Solomon Insurance Brokers Limited (Now ECP Insurance Brokers Limited), the insurance brokerage arm of the group was incorporated.

2001

 

COMMISSIONING OF PLANT 1

Nosak Distilleries Limited ethanol plant 1 is commissioned

2005

 

COMMISSIONING OF PLANT 2

Nosak Distilleries Limited ethanol plant 2 is commissioned.

2006

 

EXPORT STRATEGY

Nosak Distilleries Limited begins exportation of refined ethanol to Ghana and Cameroon. GrandVillas was established to provide real estate and estate management services.

2008

 

FINANCIAL SERVICE PROVIDER

Enterprise Asset Leasing Limited was incorporation to provide financing services (Operating and Finance Lease), Sale & Leaseback, Fleet and Treasury Management services to individuals and reputable companies across diverse sectors of the economy.

2012

 

REWARD FOR EXCELLENCE

Nosak Distilleries receives NIS ISO 9001: 2008 Certification

2013

 

RETAIL DISTRIBUTION OF ETHANOL

Zex Standard Chemicals Limited was established to import and distribute chemicals particularly food grade ethanol.

2014

 

FMCG REVOLUTION

The Nosak Farm Produce Limited, was commissioned in Apapa, Lagos to manufacture Nosak Famili Pure Vegetable Oil.

2018

 

CASSAVA VALUE CHAIN EXPLORATION

The establishment of Premier Plantations Limited to explore opportunities in the cassava value chain.

2020

 

STRATEGIC REPOSITIONING

The business streamlined into three (3) key sectors namely - Oil and Fats, Starch and Derivatives, and Treasury & Asset Management.

2021

 

COMMISSIONING OF PLANT 3

Nosak Distilleries Limited ethanol plant 3 is commissioned

2022

 

REWARD FOR EXCELLENCE AND BEST PRACTICE

Nosak Distilleries Limited upgrades from NIS ISO 9001:2008 Certification to NIS ISO 9001:2015.

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