Our induction into BOI Hall of Fame, morale booster - Techno Oil

Mrs. Nkechi Obi, the Managing Director and Chief Executive Officer of Techno Oil Group, has described the company’s induction into the Bank of Industry (BoI) Hall of Fame as an honour well deserved.

Obi said this in an interview with the newsmen on Sunday in Abuja, following the company’s induction alongside other companies for demonstrating integrity in their business operations.

She said that Techno Oil had maintained an unwavering commitment to ethical operations, integrity, safety, and flawless operational standards since it commenced operations.

Obi said that the company would continue to add value to its customers and stakeholders and would also sustain its position as Nigeria’s leading player in the downstream of the oil and gas sector.

“We will sustain our position as Nigeria’s number one energy solutions provider and keep our vision and mission as an ethical company.

“The induction into the BoI Hall of Fame will spur the company to do more for the growth and development of the Nigerian economy,” she said.

According to her, Techno Oil, which is an indigenous energy solutions company, was founded in 1997 with more than 500 employees and operational offices in parts of the country.

She said that the company had clinched various awards in the past, including the Lifetime Oil & Gas Achievement Award, awarded at the Nigeria International Energy Summit.

She said Techno Oil was inducted into the esteemed group, joined by seven other distinguished companies: May & Baker, Emzor Pharmaceuticals, Poly Products Nigeria Ltd., Lucky Fibre Ltd., Rexton Industries Ltd., Royal Foam Ltd., Amarachukwu Industries Ltd., and Dantata Plastics Ltd.

The companies were inducted into the BOI Hall of Fame on Friday, marking the culmination of the Bank’s Customer Service Week activities, held nationwide.

The Managing Director of BOI, Mr Olasupo Olusi, had said that the companies were honoured for their resilience in managing credit risk.

“These customers have exemplified outstanding commitment and trust, embodying what it means to be resilient and driving success alongside us,” he said.

He described the companies as pillars of excellence, saying that the bank and the companies would remain partners in progress.

Olusi said that Techno Oil and the other companies got the recognition for their high ethical standards and integrity in their business operations in the face of current challenges in the economy.

He also said that the companies were lauded for repaying loans granted to them on schedule and showing outstanding character in repaying various credit facilities granted to them over the years.