At the Nigerian Business Leadership Awards 2019, hosted and organized by BusinessDay Newspaper Group, Dr. ‘Layi Fatona, MD, NDEP Plc received the prestigious Lifetime Achievement Award (Excellence in Enterprise).
The award acknowledges remarkable business leaders for their sustained commitment to excellence in enterprise. Dr Fatona was selected by the BusinessDay Review Committee for the Nigerian Business Leadership Awards in recognition of his sustained positive contributions to national economic growth through NDEP Plc.
For the Review Committee, Dr Fatona’s integrity and industry contributions of over forty-five years firmly established his reputation as a sage within the industry, with an impressive track record as a leader that has shaped the future of business in Nigeria through innovation and investment in the oil and gas sector.
NDEP’s stellar performance was also highlighted, with the achievements of its fully owned operating Company, Niger Delta Petroleum Resources Ltd (NDPR) commended. NDPR was the first Nigerian company that successfully eliminated gas flaring from its operations, which went on to build the first privately owned and licensed Mini Refinery in the country cementing the Company’s fully integrated status.
NDEP’s pioneering Host Community initiatives were also praised, with its longstanding commitment to better the lives of Nigerians, through various community and social programmes not limited to those conducted by the Host Community Environment and Development Trust.
Dr Fatona, MD, NDEP Plc commented, ‘Firstly, I would like to thank BusinessDay for this award as it is certainly an honour. The Award is not just for me, but for a truly Nigerian Company that was founded on the single belief that Nigerians can excel. I especially dedicate the Award to Late Chief Aret Adams, the pioneer Chairman of NDEP.
‘As a young professional, he believed in me and with others in a small team, we formed and nurtured a truly Nigerian Energy Company into what is being recognized at this event. In our journey since inception, in our own modest way, we have done things differently and changed the Nigerian Oil & Gas landscape while also benefitting our stakeholders.’