The Chairman and Chief Executive Officer of Abunasty Nigeria Limited, Abubakar Nasir Tsanyawa, says the company is closely monitoring global energy trends to align its future investments with emerging market realities.
He disclosed this during the firm’s 10th anniversary celebration in Kano, where he outlined an ambitious plan to expand beyond oil and gas into real estate, renewable energy, and other growth sectors over the next decade.
“We started quite small about 15 years ago before incorporating Abunasty Nigeria Limited. We began as transporters and later became independent petroleum marketers, operating several fuel stations and a fleet for petroleum products,” Tsanyawa said.
He explained that the company has since diversified into real estate, import and export, and special-purpose machinery. “Alhamdulillah, we are grateful to Allah who made it possible. Many businesses started before and after us, but not all have reached this level,” he added.
According to him, Abunasty’s long-term vision is to become one of the leading oil and gas companies in Nigeria while also investing heavily in renewable energy. “We are watching where the industry is heading. Oil may not remain as dominant in the next decade, so we are also looking at solar and other green energy solutions,” he said.
Tsanyawa noted that shifting government policies, particularly with the commencement of operations at the Dangote Refinery, have altered the competitive landscape for marketers. “Some policies favour us, others don’t, but by God’s grace we overcome the challenges and move forward,” he said.
