Nosak Group, one of Nigeria’s biggest conglomerates, has expressed its desire to grow its activities in the country so as to contribute to the growth of the Nigerian economy.
The group made this known recently when it held its 2016 business retreat in Lagos.
At the retreat with the theme “Turn and Accelerate: From Stability to Leadership,” the Chairman of Nosak Group, Dr. Toni Ogunbor, said it’s the contribution of its subsidiary, Nosak Farm Produce Limited-a premier manufacturing company that provides over 300 direct and indirect jobs, would add to the country’s Gross Domestic Product (GDP).
He added that as part of its ideals and commitment to the Nigerian development, the company also takes corporate social responsibility (CSR) activities seriously in order to give back to the society in practice and theory “which serves as a driving force in the attainment of corporate goals and objectives that will ensure that the people, the community, environment and the country are well taken care of socially and economically.”
He noted that this year, the company would upped the ante of it business investment as it has also built a reputation for providing the highest quality products and services ranging from lubricants, ethanol, retail outlets, real estate, financial services, healthcare solutions, logistics and industrial packaging for clients across Nigeria and in neighbouring countries like Ghana and Cameroun.
There were over 30 managers and department heads from across Nigeria at the retreat which was facilitated by Vital Solutions Consult Incorporated, a leading organaisational diagnostics and solutions provider.
One of the guest speakers at the retreat, a former Chairman/CEO of Pfizer West Africa, Mr. Sam Ohuabunwa, stated that the major function of an institutional or corporate leader is “the promotion and protection of values.”
According to him, values are essential for business growth and development because it ensures that the consumer is well protected in terms of genuineness of the product he is buying.
“Therefore, total quality management principle must be adhered to at all times in the production lines, which is Nosak Group business philosophy as market leader,” the founder of SOFEE Consult noted.
Also, Ogunbor informed the participants at the event about the expansion project of Nosak Farm Produce Limited, saying “with a current capacity of 200 tons per day and a farm size of approximately 800 hectares, the company is set to acquire an additional 20,000 hectares in Edo State for backward integration and further increase its refining capacity in 2016.”