This business is wholly owned by Tresor Energy Limited (TREL). TREL was incorporated on 28th January 2008, as a private limited liability company to provide a broad spectrum of specialised, cost effective, efficient and totally integrated services in the emerging Nigerian economy. Some of the objective clauses for which the TREL was established as spelt out in the memorandum and article of associa
tion include the following;
To carry on the business of dredging
To engage in sand stockpiling for commercial purposes. TREL has authorized and fully paid-up share capital of 1,000,000 ordinary shares of N1.00 each. Since inception, only one class of shares (ordinary share capital) was held. Therefore, there is no priority as to capital, and the net tangible assets attributable to the ordinary shareholders divided by total number of shares outstanding represents the value of such shares. Vision and Mission
To become a dependable Nigerian company; providing practical material solutions to real estate developers and sundry construction activities, within the socio-economic environment of the FCT area and the adjourning states of Niger, Nassarawa and Kogi. Mission
To encourage ingenious work force with a view to adequately equip them to adequately carry out the envisaged operations, satisfying TREL’s business objective resourcefully. Business Objectives and Core Values
The objectives of TREL includes but not limited to:
The provision of information on the company; its directors, staff, etc. The provision of a synoptic overview on the sand stockpiling and sales operations envisaged. The provision of information on the technical; economic/financial feasibility /viability, and the profitability of this project. To obtain a medium term loan facility for the implement of this business. Being open in all its transactions, respecting commercial and personal confidentiality;
TREL respects good corporate governance, worthy corporate reputation, effective corporate social responsibility, professional performance-orientated culture and commitment to innovative developments.
