Toni Ogunbor resigns from his job as National Sales Manager of Union Carbide Nigeria Limited in Kano.
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.
RELOCATION FROM KANO TO LAGOS
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
NEW MILLENNIUM: ETHANOL
Alcohol Company of Nigeria Limited (ALCONI) is incorporated as the pioneer in ethanol
manufacturing, which later metamorphosed into Nosak Distilleries Limited.
INCORPORATION OF INSURANCE BROKERAGE FIRM
Stephen & Solomon Insurance Brokers Limited (Now ECP Insurance Brokers Limited), the insurance brokerage arm of the group was incorporated.
COMMISSIONING OF PLANT 1
Nosak Distilleries Limited ethanol plant 1 is commissioned
COMMISSIONING OF PLANT 2
Nosak Distilleries Limited ethanol plant 2 is commissioned.
Nosak Distilleries Limited begins exportation of refined ethanol to Ghana and Cameroon. GrandVillas was established to provide real estate and estate management services.
FINANCIAL SERVICE PROVIDER
Enterprise Asset Leasing Limited was incorporated 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.
REWARD FOR EXCELLENCE
Nosak Distilleries receives NIS ISO 9001: 2008 Certification
RETAIL DISTRIBUTION OF ETHANOL
Zex Standard Chemicals Limited was established to import and distribute chemicals particularly food grade ethanol.
The Nosak Farm Produce Limited, was commissioned in Apapa, Lagos to manufacture Nosak Famili Pure Vegetable Oil.
CASSAVA VALUE CHAIN EXPLORATION
The establishment of Premier Plantations Limited to explore opportunities in the cassava value chain.
The business streamlined into three (3) key sectors namely - Oil and Fats, Starch and Derivatives, and Treasury & Asset Management.
COMMISSIONING OF PLANT 3
Nosak Distilleries Limited ethanol plant 3 is commissioned
REWARD FOR EXCELLENCE AND BEST PRACTICE
Nosak Distilleries Limited upgrades from NIS ISO 9001:2008 Certification to NIS ISO 9001:2015.