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How ESG in Nigerian Business Is Driving Sustainable Transformation

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ESG in Nigerian Business

ESG in Nigerian business gains momentum as NECA empowers 52 firms through training to embed sustainability, social impact and governance into core strategy

ESG in Nigerian business is no longer a futuristic goal — it has become a vital standard for competitiveness and resilience.

Also read: UK Investment in Africa Surges as Nigeria Attracts New Business Amid US Trade Decline

Recognising this, the Nigeria Employers’ Consultative Association (NECA) is taking decisive action to support businesses in embracing sustainability.

On 8–9 July in Lagos, NECA hosted a Training of Trainers (ToT) session under the ILO ACT/EMP’s LEADER Programme, which stands for Leading Employers in Action for Social and Environmental Responsibility.

The training, conducted in partnership with the ITCILO, was tailored to meet the unique needs of Nigerian enterprises navigating Environmental, Social and Governance (ESG) compliance.

A total of 20 NECA staff and partners participated in the capacity-building workshop. They will now serve as key resource persons for expanding ESG practices across various industries.

Following this, NECA organised a two-day step-down training from 10–11 July.

Representatives from 52 companies — ranging from multinational corporations to small and medium enterprises — gathered to enhance their ESG knowledge, exchange ideas, and build strategies to integrate sustainability into their daily operations.

“ESG is no longer an option, and NECA is committed to championing it and demonstrating leadership in sustainable business practices,” said Mr Adewale-Smatt Oyerinde, NECA’s Director-General.

Participants explored practical applications of ESG principles, including environmental stewardship, ethical labour practices, inclusive growth, and transparent governance structures.

The training provided actionable frameworks for aligning business goals with global sustainability standards while addressing local challenges.

The initiative reflects NECA’s commitment to creating a responsible and competitive private sector that thrives not just on profit, but on purpose and accountability.

Also read: Lagos SMEs Export Readiness Programme Empowers Businesses for Global Trade

ESG in Nigerian business is gaining traction — and thanks to leadership from organisations like NECA, more companies are now equipped to rise to the challenge of sustainability with clarity and confidence.

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Jubril Adewale Tinubu: The Global Ascent of An Energy Titan

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Wale TinubuUnarguably, Jubril Adewale Tinubu, Group Chief Executive Officer, GCEO, Oando Plc, is one of the few who command a great deal of reverence in Nigeria’s vast and ever-evolving energy landscape.

To keen watchers of developments in the nation’s energy sector, Tinubu’s pedigree transcends more than being the  head honcho of Oando; he is the rare alchemy of audacity and foresight.

Today, his name has become synonymous with resilience and brilliance; he is also a figure whose influence transcends sectors, borders, and generations.

Interestingly, his reputation built on entrepreneurial flair and ingenuity has always earned him  worthy mention among an elite class of business leaders whose legacies are not just written, but engraved.

However, unlike some others who view Africa’s economic horizon through a haze of uncertainty, Tinubu sees opportunity beckoning to him always.

With this perspective, one easily understands Oando’s rise from a modest downstream operator to one of Africa’s most formidable integrated energy companies.

Oando, under the exemplary leadership and management style of Tinubu, has expanded across exploration, production, power, and renewables.

At every given opportunity, Tinubu hammers on the need for Africa to harness its own vast resources to define its destiny.

Given his trademark philosophy to act, tarry or strike with precision, he has been able to navigate Oando through global market shifts, regulatory waves, and economic downturns without so much noise.

Perhaps,this is the secret to his dazzling recognition and honour since the break of the outgoing year 2025. In January, he bagged the Investor / Transaction of the Year 2024 at the New Telegraph Awards in  Lagos.

The recognition followed Oando’s landmark $783 million acquisition of Agip Oil Company, a transaction completed in August 2024 and hailed as one of the year’s most significant moves in Nigeria’s economy.

But that was only a precursor to several other accolades for Tinubu, as he was again honoured with the prestigious Lifetime Awards at the Africa Energy Week, AEW, 2025.

Like the compass with which Oando navigates the nation’s unpredictable energy terrain, Tinubu is perpetually in quest of the opportunity to position the company as both a continental powerhouse and a symbol of African ingenuity.

Again, evidence that Tinubu’s influence has become global came to the fore when Oando emerged as the preferred bidder for the Trinidad refinery.

Despite a dip in revenue, Oando posted a $145 million profit in the first nine months of its 2025 fiscal year—a testament to disciplined strategy and Tinubu’s steady hand at the helm.

Meanwhile, the most significant signal of Oando’s next chapter came recently with an announcement that underscores Tinubu’s instinct for the future: Oando is diversifying into mining, with a sharp focus on lithium and other minerals critical to the clean-energy transition.

The company has already assembled a strong team of seasoned geologists and launched exploration activities across Nigeria, including a major program in Kebbi State. By the end of 2025, Oando aims to complete its field evaluations and identify a prime location for pilot lithium production.

With the global demand for rechargeable batteries—driven by tech and electric vehicles—skyrocketing, Tinubu is positioning Oando at the heart of the next energy revolution.

It is not for fun that his admirers fondly describe him as the man who sees tomorrow. He is a strategist sculpted by foresight, a leader driven by conviction, and a relentless believer in Africa’s potential.

In an age craving visionaries, Tinubu stands out- he is clear -eyed, bold, and prepared for the future he already sees taking shape.

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Energia launches graduate trainee programme to develop young professionals

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 Energia Limited launches a graduate trainee programme to accelerate career growth of young Nigerian professionals in the energy sector.

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Nigeria launches $10bn petroleum licensing round to boost production

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Nigeria launches 2025 petroleum licensing round to attract $10bn investment and unlock up to two billion barrels of oil.

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