Business
TMDK Group celebrates 25th anniversary, vows to continue building Nigeria’s Energy, agro-industrial future
Diversified Nigerian conglomerate, TMDK Group, has marked its 25th anniversary with a renewed commitment to expanding investments in Nigeria’s energy, agriculture, manufacturing and industrial sectors.
The silver jubilee celebration brought together employees, business associates, customers, partners, financial institutions and other stakeholders who joined the Group in reflecting on its journey and celebrating a quarter-century of enterprise, resilience and investment.
Founded 25 years ago by Alhaji Amadu Sule Leda, TMDK Group has evolved from a small real estate investment company into a diversified investment group with significant interests spanning downstream petroleum, petroleum infrastructure, logistics, agro-processing and manufacturing.
The milestone, according to the company, represents not only an opportunity to celebrate its achievements but also a platform to reaffirm its commitment to investing in sectors capable of strengthening Nigeria’s productive capacity, creating employment and supporting sustainable economic development.
Speaking at the anniversary celebration, Suhailu Ismaila, Acting Managing Director of TMDK Agro Park, described the Group’s 25-year journey as one defined by resilience, strategic investment and an enduring commitment to Nigeria.
He said the company’s next phase would build on the foundation established over the past two and a half decades by pursuing investments that create long-term economic value.
“Twenty-five years is a significant milestone. It reflects years of resilience, strategic investments and commitment to national development. We are celebrating what has been achieved, but we are equally focused on what lies ahead,” he said.
Expanding Nigeria’s Energy Infrastructure
Over the past 25 years, TMDK says it has established a growing presence in Nigeria’s downstream petroleum industry through investments in petroleum storage, distribution and logistics infrastructure.
The Group’s petroleum operations are focused on strengthening the supply chain and improving the availability and efficient distribution of refined petroleum products to industrial and commercial customers.
Through its investments in storage and logistics infrastructure, TMDK has continued to contribute to the development of Nigeria’s downstream petroleum value chain at a time when efficient storage, transportation and product distribution remain critical to the country’s energy security.
The company said it intends to deepen these investments as part of its broader strategy to support Nigeria’s evolving energy needs and strengthen the resilience of the downstream petroleum supply chain.
From Agriculture to Agro-Industrial Processing
TMDK’s diversification into agriculture has also become a major component of its growth strategy.
At the TMDK Agro Park in Kaduna State, the company is developing an integrated agro-industrial food-processing platform designed to serve both human and animal consumption, while connecting agricultural production with large-scale industrial processing and value addition.
The facility processes maize, soybeans and other agricultural commodities into a range of products, including corn flour, corn grits, edible vegetable oil and animal feed. The company is also developing capacity for the production of pasta and noodles.
David Onabajo, Chief Operating Officer of the Agro Park, said the integrated nature of the facility was designed to create stronger links between farmers, processors and consumers.
According to him, the objective is to move beyond the production and sale of raw agricultural commodities by creating additional value within Nigeria.
“The Agro Park is designed to strengthen local value addition, provide reliable markets for farmers and contribute to Nigeria’s food security by reducing dependence on imported food products,” he said.
The investment is expected to support farmers by creating more reliable off-take opportunities while strengthening domestic processing capacity and expanding employment opportunities across the agricultural value chain.
Investment, Employment and Local Value Creation
The company said its diversification strategy is driven by the belief that sustainable economic growth requires investment in productive sectors capable of generating employment and creating value locally.
The Group’s operations now bring together different elements of the economy, including energy infrastructure, logistics, agriculture and industrial processing.
The anniversary therefore marks a transition from the company’s first 25 years of establishment and consolidation into what management describes as a new phase focused on expansion, innovation and deeper investment.
The Group expressed appreciation to its employees, customers, business partners, financial institutions, regulators and host communities for their contributions to its development.
Tamwakat Barde, Human Resource Manager, said TMDK would continue to prioritise responsible business practices, innovation, operational excellence and employee welfare.
She said the company recognises that its people remain central to its ability to achieve its long-term objectives.
Recognising Employees
The anniversary also provided an opportunity for TMDK to recognise employees whose contributions have supported the company’s growth.
Bilkisu Suleiman, an employee of the Group, recalled receiving the Chairman’s Award Silver Category after joining the company in January 2025.
“I started working with TMDK in January 2025, and by December 2025, I was awarded the Chairman’s Award Silver Category. This award gave me great joy because it meant the time and effort I put into the growth of the company was seen and acknowledged,” she said.
She urged management to sustain initiatives that recognise and reward employees who demonstrate commitment and excellence.
The company said employee welfare and recognition would remain important components of its corporate culture as it enters its next phase of growth.
Giving Back to Host Communities
Beyond its commercial activities, TMDK said it remains committed to supporting communities connected to its operations.
Abba Aminu, Site Operations Manager at the Agro Park, commended the management for its contributions to society through donations and the provision of food supplies during important festive periods, including Sallah, Christmas and New Year celebrations.
He said such initiatives demonstrated the company’s recognition of its responsibilities to the communities in which it operates.
READ ALSO: In Kaduna, TMDK Group is strengthening Nigerias energy, food security
Looking Ahead
The 25th anniversary comes at a critical period for Nigeria, as the country seeks to attract greater private-sector investment into energy, agriculture, manufacturing and other productive sectors to accelerate economic diversification and improve national productivity.
For TMDK Group, the anniversary is therefore both a celebration of the past and a statement of intent for the future.
The Group said it plans to build on its existing investments by pursuing projects capable of improving energy infrastructure, expanding agro-industrial processing, creating jobs and strengthening domestic value chains.
For Alhaji Amadu Sule Leda, the founder of the Group, the next chapter is anchored on a continuing belief in Nigeria’s potential and the capacity of Nigerian businesses to build globally competitive enterprises from within the country.
Onabajo described the founder as a businessman whose vision continues to shape the Group’s direction.
“Our CEO is a visionary who believes in Nigeria. He is a resilient Nigerian patriot who believes in the Nigerian enterprise,” he said.
As TMDK Group begins its next 25 years, the company says its ambition remains firmly rooted in investment, enterprise and national development — with a strategy centred on building productive assets, creating employment and contributing to the transformation of Nigeria’s energy and agro-industrial landscape.
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The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has defended President Bola Tinubu’s economic reforms, arguing that the administration deserves commendation rather than criticism for removing fuel subsidy and unifying the foreign exchange market.
Mr Adedeji spoke in an interview on Channels Television’s Sunday Politics.
He said the reforms were necessary because the Tinubu administration inherited an economy burdened by an unsustainable fuel subsidy regime, an opaque foreign exchange market, an underperforming oil sector and a narrow tax base.
According to him, the government’s decision to remove the subsidy was implemented alongside the unification of the foreign exchange market as part of broader efforts to stabilise the economy.
He pointed to several indicators which, he said, showed that the reforms had begun to change the structure of the Nigerian economy.
Mr Adedeji cited the growth in domestic refining capacity, saying it had increased from about 30,000 barrels per day before the reforms to about 700,000 barrels per day.
He also said government revenue had risen significantly, from about N12 trillion to N40 trillion, attributing the increase to improved revenue collection and broader economic reforms.
The NRS chairman said the administration’s objective was not to increase the burden on Nigerians but to create an environment in which businesses could grow and generate greater prosperity.
“We are taxing prosperity, not poverty,” he said, stressing that the government would ultimately collect more revenue when businesses become more profitable.
Mr Adedeji also defended the government’s tax reforms, saying they were designed to broaden the tax base and improve the business environment rather than extract more money from poor Nigerians.
He said about 90 per cent of Value Added Tax (VAT) revenue goes to the states, arguing that the reforms had therefore strengthened the finances of sub-national governments.
The NRS chairman said the government had also taken steps to address structural constraints to economic growth, including electricity supply, education, infrastructure and access to credit.
He cited the Electricity Act as one of the reforms intended to change the structure of the power sector by allowing greater state participation and creating room for investment.
According to him, reliable electricity is essential to industrialisation and reducing the cost of doing business.
Mr Adedeji also defended the administration’s infrastructure spending amid concerns over the pace of budget implementation.
He said there was a difference between budgeting and funding, arguing that the government could not simply release money without considering the strategic allocation of resources to projects with long-term economic benefits.
He cited the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Expressway among major infrastructure projects requiring substantial funding.
He also linked infrastructure spending to employment, saying projects such as the coastal road and airport reconstruction would create jobs and stimulate economic activity.
The NRS chairman said the “government was also supporting agriculture through institutions such as the Bank of Agriculture and the Bank of Industry, to expand mechanised farming and improve production.”
Mr Adedeji acknowledged concerns about the hardship Nigerians had experienced since the reforms began, but argued that the government was focused on consolidating the gains already recorded.
He said the administration’s priority was to maintain economic stability while ensuring that the benefits of the reforms gradually translated into improved household prosperity.
He also rejected the perception that increased government revenue meant the administration was taking more money from poor Nigerians.
Rather, he said, the government’s approach was to expand economic activity and collect more revenue from increased prosperity.
Mr Adedeji defended government expenditure against criticism of public officials’ lifestyles, explaining that government spending also circulates through the private sector.
He used spending on facilities such as conference centres as an example, arguing that government expenditure could generate revenue for private businesses and create employment.
READ ALSO: Why subsidy removal, FX reforms caused unavoidable economic shocks — Oyedele
On youth unemployment, he said the administration was supporting technical and vocational education while encouraging corporate organisations to play a greater role in creating employment opportunities.
He said education remained critical to reducing poverty and improving the economic prospects of young Nigerians.
Mr Adedeji also highlighted the government’s credit programmes as part of efforts to promote economic inclusion, particularly by providing financing for small businesses and individuals.
He said continued support for such programmes would help more Nigerians participate in economic activity.
The NRS chairman said the government’s recent reforms, including the new tax laws, would require time to produce their full impact.
He urged Nigerians to support the consolidation phase of the reforms, saying the government was focused on improving energy security, education, infrastructure and the broader economic environment.
He maintained that the ultimate objective of the reforms was to build an economy capable of generating prosperity without relying on unsustainable government interventions.
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