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Tag: Falcon Corporation Limited

  • Falcon Corporation celebrates co-founder/ pioneer MD on retirement

    Falcon Corporation celebrates co-founder/ pioneer MD on retirement

    Falcon Corporation Limited, an indigenous gas company, celebrated the legacy, career, and leadership of its Co-Founder and Pioneer Managing Director, Professor Joseph Chukwurah Ezigbo, on his retirement after 31 years of distinguished service.

    The ceremony, held at Jewel Aieda, Lekki Phase 1, Lagos, brought together leaders from the oil and gas and banking sectors, industry stakeholders, colleagues, former students, family, and friends to honour a career marked by academic excellence, visionary leadership, and national impact.

    Speaking at the event, Audrey Joe-Ezigbo, Co-founder and Chief Executive Officer, Falcon Corporation Limited, described Professor Ezigbo’s leadership as transformative. She noted that celebrating Ezigbo is “recognition of his years of service and the enduring standards he established — standards of excellence, accountability, and people-centred leadership that will continue to guide Falcon as it moves confidently into the next phase of our growth and transformation. His legacy is one that will remain a reference point for leadership within this organisation for years to come,” she said.

    Ambassador Ozo Nwobu, a retired Nigerian career diplomat and former Ambassador to Mozambique, paid tribute to Professor Ezigbo’s human-centred leadership. He described him as a rare blend of professionalism and genuine connection, adding that his career demonstrates that true leadership is measured by lives touched and relationships built. “Professor Ezigbo exemplifies leadership rooted in service, empathy, and integrity, leaving an imprint that extends far beyond titles and positions,” he said.

    Guests shared heartfelt tributes reflecting Professor Ezigbo’s mentorship and influence across sectors, praising his ethical leadership and lasting contributions to Nigeria’s energy industry. Beyond corporate and academic achievements, his philanthropy continues to create opportunities for young Nigerians.

    The ceremony was a celebration of tenacity, integrity, and purpose, underscoring the enduring impact of Professor Joseph Chukwurah Ezigbo’s work across academia, industry, and society. His legacy stands as a lasting testament to leadership, service, and nation-building.

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    Ezigbo, a former lecturer and professor at the University of Nigeria, Nsukka, co-founded Falcon Corporation Limited with his wife in 1994.

    Under his leadership, the company evolved into a respected force in Nigeria’s gas sector, delivering energy solutions that power homes, industries, and businesses nationwide.

    Widely regarded as a ‘Gas Man to the Core,’ Professor Ezigbo has spent five decades excelling in both academia and business.

    He holds a BSc from the University of Nigeria, Nsukka, a DIC and MSc from Imperial College London, and a PhD from the University of Salford, Manchester. He taught for 25 years at the University of Nigeria, mentoring generations of students and serving in key leadership roles.

    His contributions have earned him several honours, including Ernst & Young Entrepreneur of the Year West Africa (2014) and Anambra Man of the Year (2025).

  • New investor acquires stake in Falcon Corporation

    New investor acquires stake in Falcon Corporation

    Falcon Corporation Limited, an indigenous player in Nigeria’s energy and gas sector, has announced that Energy & LLP, a subsidiary of EverCorp Industries, has acquired an equity stake in the corporation. This follows BKM & S Konsult Limited’s divestment of its equity holding, which Energy& LLP has now purchased.

    The investment by Energy& LLP reflects the Company’s conviction in the long-term fundamentals of Nigeria’s gas sector and the critical need for resilient indigenous players that can build the infrastructure required to power industrialisation, strengthen energy security and support the nation’s transition to more efficient energy sources.

    Speaking on the transaction, Co-Founder and Deputy Managing Director of Falcon Corporation, Mrs. Audrey Joe-Ezigbo, described the partnership as “a timely and strategic step that reinforces Falcon Corporation’s long-term vision to deepen its investments across the gas value chain while maintaining its strong indigenous footprint.”

    She added that with this investment, Falcon Corporation is positioned to expand its gas pipeline and distribution networks for industrial customers, accelerate development of its large-scale LPG storage and jetty facility in Rivers State, improve supply reliability, operational efficiency and safety across its gas assets, and accelerate growth across its core business areas.

    Founder and Managing Director of Falcon Corporation, Prof. Joe Ezigbo, expressed his satisfaction with the successful close of the transaction, noting that “this partnership represents more than a financial investment; it is a strategic alignment that supports Nigeria’s goal of increasing domestic gas utilisation and delivering cleaner, more affordable energy to industries and households; and aligns with Falcon Corporation’s broader ambition to build a resilient, future-ready energy enterprise.” He added that the collaboration with Energy& LLP will enable Falcon to leverage new synergies and deliver even greater value to its customers, partners, and the industry at large.

    Chief Financial Officer, Falcon Corporation, Nelson Walter, described the experience as both exciting and rigorous. He noted that “the successful transaction provides Falcon with additional capital to accelerate its growth plans and further strengthen its position within Nigeria’s gas value chain.”

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    Chief Strategy Officer of EverCorp Industries, Tsola Barrow, said: “Energy& LLP’s investment in Falcon Corporation reflects our commitment to building businesses that have real impact on national development. Gas is central to Nigeria’s industrial growth and its transition to cleaner and more efficient energy sources. Falcon Corporation has demonstrated consistent leadership and resilience for more than three decades. Supporting its next phase of expansion is aligned with our philosophy of building and backing companies that strengthen infrastructure, deepen energy access and create long term economic value”.

    All contractual obligations and regulatory requirements relating to the transaction have been satisfied, including approvals from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Federal Competition and Consumer Protection Commission (FCCPC).

    Vetiva Advisory Services acted as Financial Advisers while Detail Solicitors served as Legal Counsel to Falcon Corporation and Templars acted as Solicitors to Energy& LLP for the transaction.

    This investment signals the continued attractiveness of Nigeria’s gas sector and reaffirms Falcon Corporation’s position as a trusted and forward-looking indigenous energy company poised for the next phase of growth.

    Founded by Professor Joe Ezigbo and Mrs. Audrey Joe-Ezigbo, Falcon Corporation operates in pipeline gas infrastructure, Natural Gas sourcing and supply, and Liquefied Petroleum Gas (LPG) storage, sales and distribution and has consistently demonstrated resilience and leadership within Nigeria’s energy landscape for over 31 years.