The Falcon Corporation is celebrating 30 years in business as a successful conglomerate holding a diverse portfolio of prime investments in Oil & Gas, Energy & Infrastructure, Real Estate & Construction.
Audrey Joe-Ezigbo (Co-Founder & Deputy Managing Director) shares some insights:
Falcon Corporation Limited started as an idea in 1994.
Today, 30 years later, what started as an idea has become a multiple award-winning, wholly indigenous mid- and downstream Energy, Natural Gas Distribution and LPG Trading company in Africa, enabling the deployment of Natural Gas and LPG as drivers of economic growth and industrialization.
Right from time, I’ve had the clear mandate of building sustainable legacy businesses, while helping other entrepreneurs across Africa do the same.
It gladdens my heart to see this vision come to life. To God be the glory.
And to you reading this, your vision is valid!
As recently as December 2023, Falcon Corporation secured a EUR 21.4 million (NGN19.4 billion) loan from the Nigeria Infrastructure Debt Fund (NIDF), for the development of a liquefied petroleum gas (LPG) storage facility and a dedicated jetty in Rivers State.
The groundbreaking deal, helped over the line by a team from Templars, is expected to be completed and commissioned by the fourth quarter of 2024, and will have a total storage capacity of 15,000 metric tonnes of LPG (also known as cooking gas).
The project is being carried out in two phases, with the initial phase focusing on the construction of a 10,000 metric tonne spherical tank and a dedicated jetty in Rumuolumeni, Port Harcourt. The second phase will add another 5,000 metric tons of storage at a later date.
