PAUL-B NIGERIA PLC was incorporated in August 1991 with a modest 100,000 share of ₦ 1 each, which was fully paid up right from the date of incorporation. The share capital was increased from 100,000 to 20,000,000 and then to 125,000,000 ordinary shares of ₦ 1 each, to strengthen its financial base as a corporate organization.
MAJOR DIVISIONS
- Paul-B Building Division & Civil Work
- Paul-B Road & Engineering Services Division
- Paul-B Plants & Equipment Division
- Paul-B Building Materials Division
- Paul-B Homes Division
- Paul-B Consultancy Service
- Paul-B Integrated Oil & Gas Equatorial Guinea
- Paul-B Integrated Farms Ltd.
| Type of Company | Public Limited Liability Company |
| Registered Company (RC) Number: | RC 169347 |
| Date of Incorporation: | 26 August 1991 |
| Date of Commencement of Business: | January 1993 |
| Date of Conversion to Public Limited Liability Company: | 24 July, 2003 |
| Federal Internal Revenue Services (FIRS) No: | Gc0619347 |
| Value Added Tax (VAT) Registration Number with FIRS: | ABJV06002169347 |
| Federation of Construction Industry (FOCI): | FEDCOUN12009 TAA SAO |
| Bureau of Public Procurement: | 17374777 |
| National Social Insurance Trust Fund: | FC 954726716 |
| National Pension Commission: | PR0000169347 |
| Industrial Training Fund: | ABJ-001-3705 |
FURTHER PARTICULARS
By a Board Resolution, PAUL-B NIGERIA PLC increased its share capital from 100,000 ordinary shares on August 2007 to 20,000, 000 ordinary shares. Arrangement to list it shares in the capital market is in progress. Presently, the shares capital is 125,000,000.
The Company is registered with Federal Government Ministries, Departments & Agencies and many State Governments some of which are:
FEDERAL
| FEDERAL MINISTRY OF WORKS | CATEGORY 'D' |
| CENTRAL BANK OF NIGERIA | CATEGORY 'D' |
| NNPC | CATEGORY 'D' |
| PTDF | CATEGORY 'D' |
| NIGERIA CUSTOM SERVICE | CATEGORY 'D' |
| FEDERAL CAPITAL TERRITORY DEVELOMENT AUTHORITY | CATEGORY 'D' |
STATE
Highest category registration with Government of Anambra, Ondo, Lagos, Delta, Rivers, Kaduna, and host of other States, Ministries / Organizations.
MAIN LINE OF BUSINESS
Building Construction, Road & Engineering Services, Sales & Supply of Building Materials, Plants & Equipment Sales, Servicing & Rentals, Estate / Property Development, Granite mining, Oil & Gas services, Commercial farming
MAIN BANKERS
| DIAMOND BANK PLC Plot 21 Adetokunbo Ademola Crescent Cadastral Zone 8, Wuse - Abuja 09-4134248, 4134250-51 This email address is being protected from spambots. You need JavaScript enabled to view it. |
ZENITH BANK PLC Algeria Rd, Off Herbert Macauly Way Wuse Zone 3 Abuja 09-5240268 |
GUARANTY TRUST BANK PLC ETF House, Plot 433 Zambezi Crescent, Maitama, Abuja 09-4133292-5 |
STRATEGIC HUMAN DEVELOPMENT SCHEME
To sustain our strategic human development initiative, we have selected Civil Engineering Department of four Universities namely:- Ahmadu Bello University, Zaria, University of Nigeria, Nsukka, University of Benin, Benin City and Covenant University Otta to anchor our plan for a stream of trainable Graduates to service the construction industry generally and our operations in particular. The arrangement is to expose their Best 3 student at 400 levels annually to modern construction methods and Systems, using our high profile projects.
QUALITY ASSURANCE PROGRAMME / QUALITY CONTROL
- PAUL-B NIGERIA PLC. has a well articulated quality assurance policy and is in the process of being assessed and accredited for compliance with BS 5750 or ISO 9000 series.
- The company's quality policy and manual complies with the requirements 0f BS 5750 or ISO 9000 series.
- PAUL-B NIGERIA PLC's quality assurance policy is hinged on clear technical specification for materials and workmanship that incorporates the requisite British Standard and Codes of Practice. Quality Control is ensured through structured and meticulous supervision along with cognate laboratory testing procedures manned by well trained personnel. All sub-contractors whether domestic or nominated are issued with the company's quality assurance manual indicating material specification and workmanship expectations. Trades foremen are drafted to supervise the various trade sub-contractors under the direction of the general foreman who reports to the Project Engineer / Manager.
