Ernest Azudialu-Obiejesi, Chairman of Nestoil Group, has been honoured as the Telegraph Newspaper’s Businessman of the Year 2024 for his contributions to Nigeria’s oil and gas sector, corporate excellence, and philanthropy.

The award was presented on February 21, 2025, at the New Telegraph Awards Ceremony in Lagos, attended by industry leaders and policymakers.

Under his leadership, Nestoil has become West Africa’s largest indigenous EPCC company, executing major projects with Shell, Chevron, and Mobil. Through the Obijackson Group and Neconde Energy, he has significantly contributed to Nigeria’s industrial growth and energy security.

Beyond business, Azudialu-Obiejesi’s philanthropy includes scholarships through the Obijackson Foundation, healthcare initiatives such as the Obijackson Women and Children’s Hospital, and support for education through Gonzaga Jesuit College.

His commitment to corporate responsibility and nation-building underscores his legacy as a visionary leader driving economic and social impact in Nigeria.

Azudialu-Obiejesi has also been instrumental in promoting local content development in Nigeria’s energy sector, fostering opportunities for indigenous businesses and professionals. His leadership has strengthened partnerships between local firms and global industry players, ensuring technology transfer and capacity building within the country.

The Businessman of the Year accolade further cements his reputation as a transformative leader dedicated to economic progress and social advancement.

His achievements serve as an inspiration to aspiring entrepreneurs, showcasing the impact of strategic vision, innovation, and corporate responsibility in shaping a sustainable future for Nigeria.