Agro-industryAgro-industry·military·Founded 1991 (Sapele, Delta State)

Presco Plc

Status: Operating (NGX-listed; Socfin majority).

Ownership

Foreign-controlled · Belgium

Parent / controller: Socfinasia S.A. (Socfin Group, Brussels/Luxembourg)

Sister company to Okomu under the same Socfin umbrella; together they constitute the foreign-controlled core of the Nigerian palm-oil revival.

See Belgium in the Diplomatic Record →

Why it is on record

Established 1991 to develop the Obaretin and Ologbo estates in Edo and Delta States; vertically integrated from nursery to refined olein. Listed on the NGX since 2002.

Record held

Second-largest formal palm-oil producer in Nigeria; pioneer of the integrated palm-oil refinery model.

Deep dive

Presco Plc, the other NGX-listed integrated oil-palm operator, was incorporated in 1991 and operates plantations and a refinery in Edo State. It is controlled by the Belgian SIAT group. Together with Okomu it is one of the two industrial-scale palm-oil operations supplying the Nigerian FMCG and refined-oils market.

Methodology

Tier 1 · primary

Courts. Gazettes. National archives.

Tier 2 · corroborating

OCCRP. HRW. BudgIT. TheCable.

Tier 4 · tertiary, flagged

Wikipedia only where primary is pending. Always labelled.