Tuesday, May 11, 2010


UNTOLD SUCCESS STORY OF CAPITAL OIL BOSS, IFEANYI UBA
That he started in a humble way is no news, but his laudable achievements in the oil and gas industry is what most people envy. Ifeanyi Patrick Uba, the Chief Executive Officer of Capital Oil & Gas Industries Limited hails from Nnewi, Anambra State of Nigeria and has created a niche for himself. He holds a Bachelor of Science B.Sc (Hons.) degree in International Relations and is an astute and accomplished businessman.
Capital Oil & Gas Industries Limited was incorporated in 2001, but commenced full operations in 2003, following the deregulation of the downstream sector of the oil and gas industry by the Federal Government of Nigeria. It started with the supply and distribution of petroleum products and had a speedy growth which culminated in the establishment of a petroleum depot in Apapa, Lagos. With the commissioning of the first phase of her ultra modern tank farm in 2007, the development of the 2nd and 3rd storage facilities in 2008, the acquisition of four tanker vessels, a fleet of trucks and a dedicated private jetty at Ibafon, the company has become one of the leading indigenous petroleum marketers in Nigeria.
Its recent achievements include the Lagos ultra modern truck park that can house close to 5,000 trucks at once. Other facilities lays outside Lagos, confirming the company’s vision to become Africa's first choice provider of energy solutions through continuous innovation, strategic partnership and customer service delivery.
To provide excellent service aimed at totally satisfying its numerous esteemed customers in the Oil and Gas Industry by continuously striving to meet their sophisticated needs and requirements through modern practices in a safety conscious environment, using a team of motivated and highly dedicated professionals of multidisciplinary background and relevant experience, and maintain healthy financial returns to the company through sustainable growth, Capital Oil and Gas limited is set to give scour to Nigerians in rendering community service responsibilities that include road construction to donations of values to both government parastatal, corporate bodies and individuals.
Speaking with the business tycoon penultimate week, he said this about his company “We own the largest private jetty in Nigeria today, we own the largest storage facilities in the country today, we own the biggest truck parking facility in the country today and we have the biggest strategic reserve in the country today. We are the only company that has loading arms that can serve three days of Nigeria’s consumption need.”
The rising profile of Capital oil and Gas limited cannot be over emphasized.

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