Presco Oil Palm Plc
It was a night of awards and festivities at Presco Plc when the company treated its members of management and senior staff and their spouses to an end-of-year party.
Welcoming everyone to the party, which held at the Obaretin Estate Dura Club recently, the Managing Director, Mr. Uday Pilani, reiterated the company’s resolve to reward dedication and productivity among its workforce.
As part of the event, members of staff who have put in between 10-25 years of meritorious services received certificates of long serve and cash prizes. Also on the honours list were seven staff members drawn from the various departments.
They each received departmental best staff award, while the 3 best harvesters from the three estates of Cowan, Obaretin and Ologbo went home with cash prizes and a bicycle each. Five members of staff emerged as distinguished recipients of the MD’s Special Recognition Award.
The highpoint of the night was the award of first, second and third overall best staff of the year under review. This was won by the Commercial Manager, Mr. Jagdish Kavathar, who emerged the overall best personnel of the year.
Describing the year as a landmark in the history of the company, Pilani attributed the successes recorded to the collective efforts of management and the entire work force. He stated that despite the challenges faced by the oil palm industry due to government’s policy on importation of crude palm oil, the dynamic marketing strategy exhibited by the marketing team as well as the commitment and dedication of the entire workforce made the difference.
He assured the workers that as the company continues with its aggressive expansion drive through new acquisitions, increased land bank and inroad into rubber cultivation, there would be “ample opportunities for career growth and development for those of you who are determined, hardworking, committed and loyal and for those willing to learn”.
The MD enjoined members of staff to redouble their efforts while promising that management will continue to invest in training and retraining programmes to sharpen their skills and to equip them for improved performance.
Presenting the overall best staff award to the Commercial Manager, Pilani stated that the company’s turnover at the end of the year will surpass its 2011 record of N8.5 billion, projecting a turnover in excess of N11 billion. He praised the workers for their collective achievements, saying “all of you have made this possible and today’s event is a celebration of your hard work. We have surpassed 2011 both in product volume and sales”.
The MD listed the achievements recorded by the company during the course of the year to include the acquisition of additional 3, 200 hectares of land at the Ologbo Estate, acquisition of over 14,000 hectares at Orogho/Obagie Nunuamen in Orhiomwon local government of Edo state.
He added that Presco Plc is also bidding for the acquisition of the Edo State government owned Uronigbe Rubber Estate. Other expansion programmes embarked upon during the year include Bio-methane project to generate energy from waste, building of pellet plant for export of Palm Kernel Cake (PKC) and bottling plant for the sale of products in the retail market. He said the company also plans to install a palm kernel fractionation plant in 2013 to produce bakery fat.
Responding on behalf of the awardees, an elated Kavathar dedicated the award to his team in the commercial department while also thanking management for the encouragement to strive for greater heights. He promised that they will continue to do their best.