Toni Ogunbor resigns from his job as National Sales Manager of Union Carbide Nigeria Limited in Kano.
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.
The businesses relocated to Lagos and Nosak Agencies Limited started importation of potable alcohol.
Investment in Agriculture
Saturn Farms Limited is established to explore cash cropping with a focus on palm plantation
Bethany Groceries (Now CCD Superstores) opens its doors to provide groceries to customers in Ogudu GRA, Lagos
Goods Delivery Services Limited (Now Nosak Haulage Limited) was incorporated with the aim of delivering haulage services.
Nosak Group invests majorly in General Telecom Plc formerly known as GEC Nigeria Limited.
New Millennium: Ethanol
Alcohol Company Of Nigeria Limited (ALCONI) is incorporated as the pioneer in ethanol manufacturing, which later metamorphosed into Nosak Distilleries Limited. Stephen & Solomon Insurance Brokers Limited (Now ECP Insurance Brokers Limited), the insurance brokerage arm of the group was incorporated
Nosak Distilleries Limited ethanol plant 1 is commissioned
Grand Petroleum and Chemicals Limited was established to import and trade petroleum products as well as Hi-Speed Range of Lubricants.
Nosak Distilleries Limited ethanol plant 2 is commissioned.
Nosak Distilleries Limited begins exportation of refined ethanol to Ghana and Cameroon. Grand Villas was established to provide real estate and estate management services.
Established Nosak Healthcare Limited as the pharmaceutical arm of the group as well as Enterprise Asset Leasing.
Nosak Distilleries Limited ethanol plant 3 is commissioned
Reward for Excellence
Nosak Distilleries receives NIS ISO 9001: 2008 Certification
Zex Standard Chemicals Limited was established to import and distribute chemicals particularly ethanol.
The Nosak Farm Produce Limited Vegetable oil plant is commissioned in Apapa, Lagos.
Azezex Limited was established to provide shipping and clearing services.
ECP Commodity Limited is established to trade Nosak Famili brand of cooking oils.
- Divestment from and Nosak Healthcare Limited.
- Establishment of Premiere Plantations Limited to explore opportunities in the cassava value chain.
Divestment from CCD Superstores, General Telecoms, and Grand Petroleum and Chemicals.
Refocus and achieve tomorrow, today. Businesses are streamlined into 3 key sectors namely;
1. Oil and Fats,
2. Cassava and Derivatives, and
3. Services, Investment & Asset Management.