MoneySpeaks As Nigerian Oil Mogul Orders N60 Billion Luxury Jet
Ernest Azudialu-Obiejesi, the chairperson and CEO of Nestoil Group, a Nigerian oil conglomerate, is set to complete the purchase of a $76 million Gulfstream G-700 jet from the manufacturer in Georgia, United States.
In addition, Mr Azudialu-Obiejesi and his oil firm are now strategising to expand their dealings with American businesses in Georgia, Texas, Louisiana, California, and other states in the US, documents show.
Incorporated in 1991, Nestoil has grown to be one of Nigeria’s foremost indigenous engineering, procurement, construction, and commissioning (EPCC) companies in the oil and gas sector.
Mr Azudialu-Obiejesi, 63, the founder and managing director of the company, has now set his eyes beyond the shores of Nigeria, looking to build a world-class energy conglomerate, those close to his business said.
Aside from expanding Nestoil’s operation in America, The billionaire businessman’s other priorities include the purchase of a new Gulfstream G-700 aeroplane that sells for $76 million.
Globalreport.com.ng
