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Vanguard Newspaper 1st January 2019

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PAGE 26, SUNDAY VANGUARD, DECEMBER 1, 2019<br />

Tommy Odama is the founder<br />

and chief executive <strong>of</strong>ficer <strong>of</strong><br />

the multi-award winning real<br />

estate agency and property services<br />

conglomerate, Luxury Villas Group,<br />

he is a passionate consultant with<br />

robust grounding in property<br />

agency, management,<br />

development, appraisals,<br />

investments, advisory and<br />

publishing, facility and project<br />

management, lease administration,<br />

property acquisition and business<br />

development.<br />

A Fellow <strong>of</strong> the Institute <strong>of</strong><br />

Administration and member <strong>of</strong> the<br />

Association <strong>of</strong> Estate Agents in<br />

Nigeria. He is an alumnus <strong>of</strong><br />

Knowledge Train Learning Matter,<br />

UK, where he bagged a diploma in<br />

project management fundamentals;<br />

and the Hetta Institute in New York.<br />

What in<strong>for</strong>med your interest in<br />

Luxury Real Estate Services?<br />

First and <strong>for</strong>emost some things are<br />

intrinsic or inherent in us. You may<br />

not necessary be born with such<br />

privileges but you just discover<br />

yourself to love such things. Such<br />

is my experience with luxury. When<br />

I realised my love <strong>for</strong> luxury, I opted<br />

<strong>for</strong> a business that will make me to<br />

live or showcase it, hence I chose to<br />

become a realtor with panache <strong>for</strong><br />

premium luxury lifestyle. I realised<br />

ab initio that it is easier to deal with<br />

the upper echelon <strong>of</strong> the society<br />

“W<br />

e pride ourselves as the air<br />

that keeps the industry<br />

growing, as represented in<br />

the acronym AIR which outlines our<br />

values. We Adapt our services and<br />

tools to meet clients’ needs,<br />

Innovate solutions around project<br />

requirements and Resolve<br />

challenges to deliver expectations<br />

as an engineering, projects and<br />

operations services provider to the<br />

oil and gas, power and maritime<br />

industries”, these were the words<br />

<strong>of</strong> Mr. Austin Ume Zurike, the<br />

managing director and chief<br />

executive <strong>of</strong>ficer <strong>of</strong> Arion Energy<br />

Services Limited.<br />

His impressive career cuts across<br />

drilling, ship building and <strong>of</strong>fshore<br />

marine operations across Asia and<br />

Europe in over two decades. His last<br />

employment was at BW Offshore<br />

where he rose through the ranks as<br />

operations manager and<br />

subsequently became managing<br />

director <strong>for</strong> the multinational in<br />

Nigeria. He left in 2016 to fulfil his<br />

entrepreneurial dream with the<br />

establishment <strong>of</strong> Arion Energy<br />

Services.<br />

“We are quite young in the<br />

industry and we came in at a time<br />

when the Nigerian economy was in<br />

recession, but we were not deterred<br />

in our quest to make a difference in<br />

the industry. We ensure that we only<br />

take jobs that are within our capacity<br />

and we execute to the best <strong>of</strong> our<br />

ability. What drives us is being<br />

innovative and agile in the way we<br />

provide our service <strong>of</strong>ferings which<br />

includes technical manpower<br />

services, crew and vessel<br />

management, asset integrity<br />

management, operations and<br />

maintenance services as well as<br />

procurement. Presently, we are<br />

looking into vessel ownership <strong>for</strong><br />

the upstream sector <strong>of</strong> the oil and<br />

gas industry”, he in<strong>for</strong>med.<br />

An exceptional CEO with a cando<br />

spirit and knack <strong>for</strong> excellence,<br />

his expertise is unquestionable as<br />

evident in the amazing growth and<br />

successes recorded since the<br />

establishment <strong>of</strong> Arion Energy<br />

Services in a space <strong>of</strong> three years.<br />

Not just that, Arion Energy Services<br />

has been compliant with both<br />

cabotage and local content<br />

initiatives in line with the provisions<br />

<strong>of</strong> extant laws in the maritime and<br />

oil industries by facilitating the<br />

transfer <strong>of</strong> knowledge to indigenous<br />

engineers and cadets as well as<br />

engaging these Nigerians in its<br />

operations.<br />

According to him, the nondisbursement<br />

<strong>of</strong> the Cabotage<br />

SPECIAL SECTION ON OUTSTANDING CEOs<br />

•Tommy Odama<br />

than to work with the lower cadre<br />

<strong>of</strong> the social strata in terms <strong>of</strong><br />

services delivery in real estate<br />

whether buying, selling, leasing<br />

and even pitching.<br />

What are the greatest challenges<br />

you have encountered in your<br />

Vessel Financing Fund (CVFF) is<br />

one <strong>of</strong> the challenges facing the<br />

maritime industry. He said, “The<br />

Cabotage law in itself has been<br />

effective to some extent, as we now<br />

have more local vessel owners and<br />

more indigenous seafarers are<br />

replacing <strong>for</strong>eigners, but in terms<br />

<strong>of</strong> vessel acquisition, it has been<br />

difficult. I want to believe the reason<br />

why the Nigerian Maritime<br />

Administration and Safety Agency<br />

(NIMASA) has not disbursed the<br />

fund is due to past experience<br />

whereby the beneficiaries diverted<br />

the funds into something else, but I<br />

think genuine players should be<br />

given access to the fund provided<br />

they are properly vetted and placed<br />

under checks to ensure the money<br />

Pr<strong>of</strong>essionalism and Integrity<br />

Has Brought Us Far<br />

Tommy Odama —GCEO, Luxury Villas Group<br />

entrepreneurial journey and what<br />

are the lessons you have taken from<br />

these challenges?<br />

On the contrary I really can’t tell<br />

precisely what specific challenge or<br />

challenges I have encountered in<br />

the course <strong>of</strong> my entrepreneurial<br />

journey but I do know that at first<br />

the rich may find it difficult to trust<br />

you with huge sums <strong>of</strong> money to buy<br />

a property <strong>for</strong> them or collect such<br />

monies on their behalf, however,<br />

once you are able to earn their trust<br />

there is no limit to how much and<br />

how far they can go with you. In<br />

terms <strong>of</strong> lessons; pr<strong>of</strong>essionalism<br />

and integrity are two virtues that are<br />

key if you must run a successful real<br />

estate business.<br />

Proper maintenance is key in<br />

preserving building, how would<br />

you rate facilities management<br />

practise in Nigeria as an important<br />

aspect <strong>of</strong> Real Estate?<br />

Facility management <strong>of</strong> a building<br />

We Are Innovative And<br />

Agile In Service Delivery<br />

can, in my opinion, be likened to<br />

nourishing the human body to<br />

healthy living such as good food<br />

and taking the right Vitamins as<br />

well as exercise to keep the body<br />

functioning properly. In Nigeria, we<br />

lack good maintenance culture<br />

especially in our government<br />

institutions. Outside some<br />

individually owned private homes/<br />

properties and corporations<br />

especially those owned by<br />

multinationals, there so many<br />

decays in our facilities. You do not<br />

need to be lectured on this, look<br />

around, you will see what I mean.<br />

So, a good and functional<br />

pr<strong>of</strong>essional facility management is<br />

an important element in the<br />

preservations <strong>of</strong> properties in<br />

Nigeria and should <strong>for</strong>m a part <strong>of</strong><br />

our culture and must be taken<br />

seriously otherwise we may not be<br />

able to see some <strong>of</strong> these<br />

developments in the next fifty years<br />

to hundred years from now and<br />

Mr. Austin Ume Zurike —CEO, Arion Energy Services Limited<br />

•Victor Ehimuan<br />

Mr. Victor Ehimuan is the<br />

Group Chief Operating<br />

Officer <strong>of</strong> Joeny Holdings<br />

Limited; an indigenous company<br />

that is highly committed to<br />

excellence and focused on building<br />

a brand name associated with<br />

unique quality and service delivery.<br />

He holds a bachelor degree in<br />

economics as well as a master<br />

degree in management from the<br />

Univeristy <strong>of</strong> Leeds Business School.<br />

He is also a certified QMS ISO 9001<br />

lead auditor by PECB Canada.<br />

How would you describe the year<br />

given to them is strictly spent on<br />

vessel acquisition. It will be good if<br />

NIMASA starts disbursing the<br />

funds because vessel acquisition is<br />

expensive, and our banks are not<br />

helping with the interest rates.”<br />

With a vision “to be recognised as<br />

the distinctive energy services<br />

provider that is significantly<br />

improving our clients’<br />

per<strong>for</strong>mance”, Arion Energy<br />

Services has continued to position<br />

itself <strong>for</strong> opportunities in the<br />

industry by embracing trends as<br />

they come up, with the ultimate goal<br />

<strong>of</strong> being the partner <strong>of</strong> choice.<br />

“The future is bright. We hope the<br />

Petroleum Industry Bill will be<br />

passed into law in the nearest future<br />

because it has the potentials to<br />

2019 in terms <strong>of</strong> challenges and<br />

opportunities?<br />

Frankly speaking, the challenges<br />

are not what we did not anticipate<br />

because part <strong>of</strong> management is to<br />

<strong>for</strong>ecast and develop strategies to<br />

mitigate risk or optimise<br />

opportunities, and this is what we<br />

at Joeny Holdings are very good at.<br />

Starting with the opportunities, we<br />

took a strategic decision to invest<br />

in expanding our engagement to<br />

other financially viable clients that<br />

were not initially on our portfolio<br />

and to expand our asset capacity due<br />

to perceived growth. This has<br />

worked well, because we have seen<br />

expansion in drilling operations.<br />

Also, the current local content<br />

initiative is gathering more<br />

momentum to support<br />

indigenous companies like<br />

ours, not only to grow but to<br />

compete with the<br />

multinationals. I am pleased to<br />

say that Joeny Holdings is<br />

taking over highly technical service<br />

contracts from the multinationals. I<br />

will also say increasing<br />

globalisation in 2019 has impacted<br />

our business positively because we<br />

are better able to communicate,<br />

procure and deliver critical<br />

mechanical spares just in time and<br />

we are better deposed to the<br />

international community <strong>for</strong> wellestablished<br />

joint venture<br />

partnerships and investments.<br />

A big challenge that we face is<br />

getting the right local skill sets in<br />

some critical areas and balancing<br />

their needs and expectations with<br />

the requirements <strong>of</strong> the client and<br />

better the<br />

industry. The<br />

NLNG Train-<br />

7 and the<br />

Bonga South<br />

West projects<br />

among others<br />

will create<br />

opportunities<br />

<strong>for</strong> the<br />

industry and<br />

we are well<br />

positioned to<br />

key into these<br />

opportunities. Once these projects<br />

kick <strong>of</strong>f, the maritime industry will<br />

follow, because it is 80 percent<br />

dominated by services in the oil and<br />

gas industry. We stand to benefit<br />

from increased activities that are<br />

our company’s set standards. In<br />

responding to this challenge, we are<br />

investing hugely in putting in place<br />

adequate knowledge management<br />

systems. We have also seen a lot <strong>of</strong><br />

split-second changes in key<br />

government regulations and<br />

policies which directly affects the<br />

way we do business without proper<br />

awareness creation and stakeholder<br />

engagement to enable good<br />

understanding and a seamless<br />

transition to a new order.<br />

As a top player in Nigeria’s oil<br />

and gas industry, how has Joeny<br />

Holdings contributed to the Local<br />

Content Initiative?<br />

As an indigenous company, we<br />

are a beneficiary <strong>of</strong> this initiative,<br />

so we must be a valuable<br />

contributor as well. We embed local<br />

content policies as regards<br />

community labour and suppliers<br />

engagement in our community<br />

management plan. Through this, we<br />

are able to employ and train persons<br />

and engage local suppliers and subcontractors<br />

in different communities<br />

where we carry out our operations.<br />

Currently, together with NCDMB<br />

and one <strong>of</strong> our major oil and gas<br />

client, we are training almost 36<br />

people on a two-year program<br />

which includes; classroom training,<br />

on-the-job training and relevant<br />

industry certifications. We are<br />

currently working in collaboration<br />

with a <strong>for</strong>eign partner to develop a<br />

critical industry tool and site<br />

maintenance support service centre<br />

in the Niger Delta region.<br />

admire them. They would have<br />

decayed and become<br />

uninhabitable.<br />

What is your projection <strong>for</strong> the<br />

Luxury Real Estate market in<br />

Nigeria?<br />

I am very positive about growth<br />

in the Luxury real estate market in<br />

the very near future. Growth has<br />

been slow due to a number <strong>of</strong> factors<br />

from funding, exchange rate to<br />

interest rates. We are getting there<br />

gradually. It is a work in progress.<br />

To what extent would you say the<br />

vision <strong>of</strong> your company has been<br />

achieved and where do you hope<br />

to see the company in another ten<br />

years?<br />

Without sounding immodest and<br />

with all humility and sense <strong>of</strong><br />

purpose, I believe we have made<br />

sufficient progress with so much<br />

room <strong>for</strong> improvement. There is no<br />

limit to success and achievement<br />

but with hard work and<br />

perseverance, we are <strong>for</strong>ging ahead<br />

and meeting the goals we set out<br />

<strong>for</strong> ourselves. In ten years from now<br />

we hope to be rated as a global<br />

company, ceteris- paribus.<br />

•Austin Ume<br />

Zurike<br />

coming up and this is why we want<br />

to acquire our own vessel,<br />

nevertheless, all these requires<br />

stability in our economy <strong>for</strong> all to<br />

materialise”, he said.<br />

JOENY HOLDINGS: Local Firm With Global Perspective<br />

What are the core values that<br />

distinguishes your company from<br />

other players in the oil and gas<br />

sector?<br />

At Joeny Holdings, we have a<br />

highly disciplined and focused<br />

leadership and we believe that<br />

what can ensure our sustainability<br />

and long-term competitive<br />

advantage is our uniqueness. As<br />

such, we focus on four <strong>of</strong> our core<br />

business values which are; delivery<br />

<strong>of</strong> quality services, investment in<br />

human capital, premium<br />

equipment and tools, and<br />

continuous technical innovation.<br />

These four values clearly distinct us<br />

from our competitors and display<br />

our adopted strategic management<br />

philosophy <strong>of</strong> prioritizing our<br />

planning on en<strong>for</strong>cing the internal<br />

competence <strong>of</strong> our organisation (i.e.<br />

people, systems, processes) in<br />

building a winning corporate<br />

strategy that gives us that<br />

uniqueness which is inimitable.<br />

What are your goals <strong>for</strong> Joeny<br />

Holdings?<br />

Like most other companies that<br />

are <strong>for</strong>ward thinking, we at Joeny<br />

Holdings look to a day when our<br />

company name clearly becomes a<br />

household brand beyond the shores<br />

<strong>of</strong> Nigeria and Africa as a whole.<br />

We look to a day when our above<br />

highlighted key values need not be<br />

spoken, but be seen in the<br />

substance <strong>of</strong> our service<br />

deliverables and output in the oil<br />

and gas industry in Nigeria.

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