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NASCON ALLIED INDUSTRIES

Last update 6 months ago

Industry Food & Catering (69)
Ikeja, Nigeria
Workforce 201 - 500 employees Listed on NSE-Nigeria (NASCON)

+234 1 271 2212 | +234 1 271 2215

Email nascon@dangote-group.com Website

Division of DANGOTE INDUSTRIES



Established in 1973, NASCON Allied Industries Plc (previously known as NASCON Plc), a registered company in Nigeria, was established as a salt refining establishment under the name National Salt Company (NASCON). The company has since evolved with additional business lines to include Vegetable Oil, Tomato Paste and Seasoning with production facilities in Lagos State (Apapa and Oregun), Ogun State (Ota), Rivers State (Port Harcourt).

The leading player in Salt in Nigeria, NASCON has its footprint throughout Nigeria with expanding market share our categories.

A member of the Dangote Group of companies, NASCON is squarely committed to achieving the mission and vision of the group through our products and every interaction.

History

NASCON Allied Industries Plc (previously National Salt Company of Nigeria Plc) was established in 1973 as a salt refinery at Ijoko (Near Sango-Ota); Ogun State as a joint venture between the Federal Military Government of Nigeria and Atlantic Salt & Chemical Inc. of Los Angeles, California, USA, due to an identified need for self-sufficiency in the production of this essential commodity.

In order to achieve this, the Federal Military Government appointed Messrs Atlantic Salt & Chemical Company Incorporation as Technical Partner for the establishment of this company in October 1972; the technical agreement was signed on March 1973. The National Salt Company of Nigeria was thus incorporated on April 30, 1973.The equity shareholding of the company at the time was:

  • Federal Military Government of Nigeria 55%
  • Atlantic Salt & Chemical Inc. 35% (Technical Partner)
  • Former Western State Government 10% (Now Oyo, Ogun, Osun, Ondo, Lagos and Ekiti States)

The construction work commenced on October 20, 1974. Construction of the refinery was completed in December 1975 and erection of plants and machinery was completed in August 1976, with a total capacity of 110,00Mt. With the acquisition of controlling shares by Dangote Group, the average daily production increased to 600,000 metric tons per annum, with the inclusion of three refineries in Apapa, Oregun and Port Harcourt.

The production activity at the Apapa plant started in 2001 with the production of edible and kitchen salt in 25kg and 50 kg (bulk) sizes. The Port Harcourt refinery commenced production in 2003, while production at Oregun kicked off with the production of iodized table salt in 250g, 500g and 1Kg sachet sizes for domestic use under the brand names Annapurna®* and Dangote®.

*Annapurna is a brand name owned by West Africa Popular Foods (WAPF) as a joint venture between NASCON and Unilever Nigeria Plc.

By-products from the salt refining process include:

  • Fine (butter) salt (used in the production of biscuits and confection)
  • Granulated kitchen salt and industrial salt.
BOARD (5 females, 6 males)
45%

P... F...

Managing Director
Effective 3 years ago

Y... A...

Chairman
Effective 2 years ago
STANBIC IBTC PENSION MANAGERS
Nigeria - Financial Services
Non-Executive Director
Ongoing


NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Chairman
Effective 2 years ago

33 relationships

A... S...

Chief Financial Officer
Effective 2 years ago

S... L...

Non-Executive Director
Ongoing
NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Non-Executive Director
Ongoing

Managing Director
1994 - 1998
General Manager
1991 - 1994

DANGOTE INDUSTRIES
Nigeria - Conglomerates
Executive Director, Sales And Marketing, Salt And Pasta
Effective 16 years ago

Executive Director, Logistics And Distribution
1998 - Unknown

DANGOTE CEMENT
Nigeria - Building Materials
Director
Unknown - 2010
38 relationships

K... U...

Non-Executive Director
Ongoing
DANGOTE INDUSTRIES
Nigeria - Conglomerates
Executive Director
Ongoing

Managing Director And Chief Operating Officer
2002 - 2007
Finance Director
1996 - Unknown

NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Non-Executive Director
Ongoing


DANGOTE CEMENT
Nigeria - Building Materials
Sales Director, Nigeria
Ongoing

Director
Unknown - 2010

AIQ CAPITAL MANAGEMENT
Nigeria - Financial Services
Executive Director
Ongoing

66 relationships

F... A...

Executive Director, Commercial
Effective 1 year ago

Appointed to the board 2 years ago

C... I...

Independent Non-Executive Director
Effective 2 years ago
DIAMOND BANK
Nigeria - Finance | Banking
Non-Executive Chairman
Effective 3 years ago

Appointed to the board 13 years ago


RED STAR EXPRESS
Nigeria - Freight, Shipping & Logistics
Non-Executive Director
Effective 4 years ago


NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Independent Non-Executive Director
Effective 2 years ago

76 relationships

O... A...

Non-Executive Director
Effective 13 years ago
DANGOTE CEMENT
Nigeria - Building Materials
Non-Executive Director
Appointed to the board 13 years ago


DANGOTE FLOUR MILLS
Nigeria - Agriculture & Fisheries
Non-Executive Director
Appointed to the board 2 years ago

Non-Executive Director
Unknown - 2015

DANGOTE SUGAR REFINERY
Nigeria - Agriculture & Fisheries
Non-Executive Director
Ongoing


DANGOTE INDUSTRIES
Nigeria - Conglomerates
Managing Director
Effective 2 months ago

Appointed to the board 17 years ago

Chief Operating Officer
2007 - 2018 (Appointed to the board in 2001)
Executive Director, Strategy
2001 - 2007
Financial Controller And Head, Strategic Services
1997 - 2001

NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Non-Executive Director
Effective 13 years ago

91 relationships

A... G...

Non-Executive Director
Effective 13 years ago
DANGOTE INDUSTRIES
Nigeria - Conglomerates
Executive Director, Logistics And Distribution
Ongoing


DANGOTE SUGAR REFINERY
Nigeria - Agriculture & Fisheries
Non-Executive Director
Ongoing


DANGOTE CEMENT
Nigeria - Building Materials
Non-Executive Director
Appointed to the board 13 years ago


NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Non-Executive Director
Effective 13 years ago


MRS HOLDINGS
Nigeria - Energy | Oil & Gas
Non-Executive Director
Unknown - 2012

DANGOTE FLOUR MILLS
Nigeria - Agriculture & Fisheries
Non-Executive Director
Unknown - 2012
84 relationships

H... H...

Non-Executive Director
Effective 5 years ago
DANGOTE FLOUR MILLS
Nigeria - Agriculture & Fisheries
Executive Director, Commercial
Effective 2 years ago


NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Non-Executive Director
Effective 5 years ago

27 relationships

H... F...

Independent Non-Executive Director
Effective 2 years ago
NIGERIA MORTGAGE REFINANCE COMPANY
NMRC
Nigeria - Financial Services
Non-Executive Director
Ongoing


NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Independent Non-Executive Director
Effective 2 years ago

32 relationships
MANAGEMENT

G... S...

Head, Operations
Effective 3 years ago

O... A...

Head, Marketing
Effective 3 years ago

S... O...

Head, Sales
Ongoing

R... A...

Acting Head, Human Resources And Administration
Ongoing

P... M...

Head, Internal Audit
Effective 1 year ago

A... A...

Head, Risk
Effective 1 year ago

A... B...

Head, Procurement
Ongoing

A... S...

Company Secretary
Ongoing

N... S...

Head, Projects
Effective 1 year ago

R... M...

Head, Fleet And Logistics
Ongoing
NASCON ALLIED INDUSTRIES
Nigeria - Food & Catering
Head, Fleet And Logistics
Ongoing


DANGOTE SUGAR REFINERY
Nigeria - Agriculture & Fisheries
Head, Fleet Operations
Ongoing

39 relationships



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