Firm Plans Hose Manufacturing Facility, Marks 21st Anniversary

An oil servicing firm, Fairtex Group, rolled out drums last weekend to celebrate it is 21st anniversary.
The ceremony was held at its new headquarters, in Elelenwo in Obio/ Akpor Local Government Area, of Rivers State where the firm acquired a massive parcel of land to build its new automobile fluid testing and hose manufacturing facilities.
It also used the event to unveil its “Equip 2026” to provide roadmap for its new diversification plans.
From a one room apartment in Ogbunabali 21 years ago, the firm has grown over the years with specialty in oil tool servicing and haulage to providing oil servicing solutions.
According to its Chairman/Executive Officer(CEO), Mr. Jacob Idungafa, the company has achieved its 2023 vision and hence, plans to diversify into automobile fluid testing and hose production for oil and chemical industrial uses.
Already, he disclosed that the company has begun talks with some South African and German firms on the setting up of a automobile jack system capable of providing jobs for the host community and impact on the nation’s economy.
The hose production is going to be a joint operation with a French firm, Aeroflex, as staffers will be sent abroad for training.
Since commencing operations in 2003, the firm has established branches in 14 countries in Africa that include Ghana, Kenya, Mozambique, Angola and Cote d’Ivoire.
“One unique thing is that in all of these, we have not taken any loan facility from the banks. We are prudent and resourceful, “he said.
Idungafa said further, “We are not competing with anybody. We are just beginning and there is a lot to do.”
So far, he stated that it has achieved the Vision 2023 with the acquisition of land, addingthat Equip 2026 is to serve as a launch pad for greater future for the firm.
Some staff who spoke at the 21 st anniversary praised the commitment and hard work of their CEO, saying his steadfastness has helped the firm in the path of growth over the years.
Manager, Foreign and Local Procurement, Brightness Sambo said since she joined the company, she has learnt a lot in management and networking.
In her word, “You don’t have to see the immediate results because the future is certain…We are aiming to go outside Africa.”
Human Resources Manager of Fairtex, Ngozi Ndukwe thanked God for the company and the milestones it has achieved over the years, saying “Where there is a vision, the vision does not die and with God’s grace, we are headed somewhere.”
The firm’s Principal Accounting Officer, lbaraibim Ogolo said since she joined the company, she has grown in her professional competency, describing the CEO as a role model and hardworking personality.
Highlights of the 21st anniversary included a thanksgiving service at Just Jesus Assembly, Port Harcourt, a party at the company’s new site, special performance by staffers and cutting of the anniversary cake by the Managing Director and other guests.

By: Kevin Nengia