NASCON Allied Industries Announces Strategic Board Changes

NASCON Allied Industries PLC, a leading name in Nigeria’s industrial sector, has announced significant board changes to bolster its strategic vision. The company, headquartered in Salt City, Oko-Ota, Ogun State, with business operations in Lagos, revealed the appointment of three new directors, effective July 2025.

These appointments aim to enhance the company’s governance structure and drive sustainable growth. The new directors bring a wealth of experience across diverse sectors, aligning with NASCON’s commitment to innovation and excellence.

Mrs. Tonye Lawani joins the board with over 25 years of expertise in marketing, communications, and general merchandising. She holds a BSc in Economics from Ahmadu Bello University and an MBA from the Metropolitan School of Business & Management, UK.

A member of the Chartered Institute of Directors and a lifetime member of Lagos Business School, Lawani has also completed executive programs at Harvard University. Her strategic insights are expected to elevate NASCON’s market presence and stakeholder engagement.

Mr. Mahmud Tukur, another appointee, brings three decades of experience in energy, maritime, infrastructure, and technology sectors. Recognized as one of Nigeria’s top 25 CEOs in 2017 by the Guardian Newspaper, Tukur previously served as MD/CEO of Eternia Plc.

Currently, the Group CEO of Ashgrove Group, Tukur also holds board positions at Providus Bank Limited and Abunet Limited, a subsidiary of Julius Berger Nigeria Plc. His BSc in Accounting & Management from the University of Wales College, Cardiff, underpins his financial and strategic acumen.

The third appointee, whose details were not fully disclosed in the announcement, is expected to complement the board’s diverse skill set. NASCON’s leadership expressed confidence that these additions will fortify the company’s governance framework.

The board, chaired by Mr. Olakunle Ajike, includes other notable members such as Mr. Thabo Male (Managing Director, South African), Mrs. Adetemi Sala (Deputy Managing Director), and Ms. Fatima Aliko-Dangote. Additional directors include Ms. Hollima Aliko-Dangote, Mr. Abdul-Daniels, Mrs. Bryolinea Ighodalo, and Mrs. Fatima Wali-Abdulrahman.

“NASCON warmly welcomes the new directors and is confident their expertise will contribute meaningfully to our strategic growth,” said Company Secretary Olusun Olumbe. This statement underscores the company’s optimism about its future trajectory.

The board changes align with NASCON’s mission to strengthen its position in Nigeria’s industrial and consumer goods sectors. With operations spanning salt production and allied industries, the company is poised for significant advancements.

These appointments reflect NASCON’s proactive approach to adapting to market dynamics and enhancing corporate governance. The diverse expertise of the new directors positions the company to navigate challenges and seize opportunities in 2025.

The strategic board overhaul signals NASCON’s commitment to innovation, sustainability, and leadership in Nigeria’s industrial landscape. Stakeholders can expect enhanced decision-making and robust growth under the new board’s guidance.

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