PAUL-B NIGERIA PLC was conceived way back in late 1980's when it was obvious that our indigenous contracting firms failed in every material sense to meet the ambition of government, corporate and indeed individual goals with the myriad of failed and poorly executed projects doting our landscapes. The financial provision by ways of advance payment was equally abused to the extent that any foreign company will be preferred to our indigenous establishment at any given time.
It was a common phenomenon, therefore to ridicule our technical experts who not only perform excellently well under expatriate supervision but will show lack of finesse when challenged to deliver under indigenous spheres.
Job opportunities were therefore created for foreigners particularly personnel from the middle-East and Asian countries who hitherto were not considered favourably in the technical fields. They became the main beneficiary of this stop gap and in the process graduated to the status of task masters noted for what they stand to benefit financially to the detriment of our national goals and aspirations. Our technical empowerment became worse for it as the opportunities for training and retaining our indigenous manpower were lost. The burning desire for change gave birth to PAUL-B NIGERIA PLC, which is designed to achieve a performance standard that is world class.
PAUL-B NIGERIA PLC was therefore incorporated in August 1991 with a modest 5,000,000 share of N1 each, which was fully paid up. Right from the date of incorporation, the desire to excel and to stamp strongly our authority in the technical field was boiling in the minds of the directors. Documentation to increase the share capital to 20,000,000 ordinary shares is being processed.
As a graduate of Civil Engineering of many years standing, Paul Enidom (Chairman) led the pack of the technical team that went for the registration interview with the Federal Ministry of Works and Housing who were statutorily empowered in law court to register companies that so wish to operate at the Federal level. Having being registered in categories ‘D’ in both civil and building engineering divisions, the stage was set for the pioneering adventure into purposeful and excellent execution of projects at inception. We are equally registered with such other organizations like Central Bank of Nigeria, National Oil, and Federal Housing authority.
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