Jagal was founded in 1977 by Anwar Jarmakani, a self-made industrial entrepreneur who came to Nigeria in 1963 and is a naturalized Nigerian. The Company first started in construction and real estate development and by the 1980’s expanded its investments into the health, hygiene and home sector through partnerships with multinationals brands.
By the late 1990’s, Jagal had further diversified its interests to the energy sector by collaborating with well-known leaders and personalities in the oil & gas industry. This proved very successful as Jagal developed partnerships in the upstream sector with major operators including Sinopec, Fred Olsen and Smit Lamnalco amongst other world leading multinationals.
In 2003, Jagal made a strategic investment to help consolidate its position in the oil and gas sector by acquiring a majority interest in Nigerdock, a marine industrial base which had been privatized by the Federal Government in 2001. Jagal, thereafter, initiated an aggressive investment and restructuring plan that would transform Nigerdock into a leading oil services company which helped expand Jagal’s support activities in the oil & gas industry.
Furthermore, in 2005 Jagal established a private free zone development to improve investment opportunities for investors that would help create economic stimulus through employment, industrial development, technology transfer and training.
In the pursuing years, Jagal added a number of successful oil & gas services businesses to its portfolio which have strengthened its support capabilities within the energy sector.
In 2013, Jagal made a strategic move into the technology sector with the establishment of the first Tier III certified data centre in West Africa.
Today, Jagal is a major conglomerate holding operating in the energy sector as well as diverse investments in technology, real estate and health, hygiene & home.