Forte Oil makes Nigeria’s Top 100 companies list

Forte Oil plc (formerly AP plc), an indigenous integrated energy solutions provider, made the list of 100 Nigeria top companies that were awarded by the Federal Government of Nigeria in a ceremony at the Villa in Abuja,

The Top 100 Businesses Initiative, according to Olusegun Aganga, minister of industry, trade and investment, is set up to celebrate major investors and companies that are contributing to the development of the economy, while creating a platform for public-private sector interactions on Nigerian economic policies.

This achievement followed the company’s emergence as the overall winner of the Pearl Awards set aside for companies listed on the Nigerian Stock Exchange at award ceremony in Lagos recently. The award, which is the overall honour of the PEARL awards, is instituted to recognise achievers, performers and drivers in the capital market. Forte Oil also clinched two other awards; the ‘market excellence in share price appreciation’ and ‘sectoral leader in the Oil and Gas sector.’

Molade Okoya Thomas, who presented the to PEARL Award to Forte Oil, described the feat by the company as a testament of hardwork, diligence and commitment to providing valuable service to customers and value to its shareholders.

Tayo Orekoya, the president of the PEARL Awards, commended Forte Oil for winning the 2014 edition and urged them not to rest on their oars, but strive to sustain the drive for excellence.

Akin Akinfemiwa, the group chief executive officer, Forte Oil, while commenting on these development, said: “We are very pleased to be recipient of these awards, which are testament of our commitment to excellence in performance and an unflinching quest for value creation of our shareholders. We remain dedicated to sustaining the trust of the general public and our stakeholders as we continue firmly in our drive to build a long-term successful company; making Forte Oil plc the investment of choice through positive actions that boost investor confidence at all times.”