Chairman of Nestoil Group, Ernest Azudialu-Obiejesi, has emerged Telegraph Newspaper’s Businessman of the Year 2024.
The award is in recognition of his contributions to Nigeria’s oil and gas industry and commitment to corporate excellence and philanthropy.
It was presented to him on February 21, 2025, at the New Telegraph Awards Ceremony held at the Balmoral Event Centre, Federal Palace Hotel, Victoria Island, Lagos.
The ceremony was attended by industry leaders, policymakers, dignitaries, and organisations which have made major contributions to national development in various sectors.
Azudialu-Obiejesi’s selection as Businessman of the Year highlights the vital role he has played in reshaping Nigeria’s energy industry.
His recognition is a testament to his leadership in the energy sector, where he has established Nestoil as a dominant force, a company that has contributed significantly to infrastructure development, enhanced local content, and improved the overall efficiency of the oil and gas sector in Nigeria. His ability to navigate regulatory landscapes and adopt cutting-edge technology has placed Nestoil in a league of its own within the industry.
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