Florence Okoli, GMD of Eraskorp, leads bold industrial and energy initiatives to boost Nigeria’s self-sufficiency.
Florence Okoli is the Group Managing Director of Eraskorp Nigeria Limited, a fast-growing Nigerian conglomerate with core interests in energy, infrastructure, and industrial manufacturing. Since stepping into the GMD role in 2021 after joining the company as Executive Director Commercial in 2020, she has been steering Eraskorp toward a bold, industrially self-sufficient future.
Meet Florence Okoli
With over 25 years of experience spanning oil and gas, telecommunications, advisory services, and strategy, Okoli has worked with top firms like Arthur Andersen (now KPMG), ExxonMobil, Shell, and MTN Nigeria, where she was part of the pioneer team. She holds a Bachelor’s degree in Accounting from the University of Lagos and an MBA from Harvard Business School.
Now at Eraskorp, she is leading one of the most ambitious industrial projects in the south-south region of Nigeria—a 50-hectare industrial manufacturing complex located in the Niger Delta. Phase one of the project includes a 64,000-litre-per-day fully automated lubricants blending facility, the first of its kind in that region. The plant is set to start production in Q3 of 2025. Beyond lubricants, the complex will eventually house additional plants to produce plastics, packaging materials, chemicals, and household products.
This industrial facility is designed to reduce Nigeria’s heavy dependence on imported manufactured goods. It is also expected to create at least 200 direct and over 800 indirect jobs, with a long-term vision of making Nigeria a competitive manufacturing hub. The facility will receive its raw materials locally, with plans to develop LPG and gas processing plants that will feed directly into production. This is part of Okoli’s vertical integration strategy to ensure self-reliance from source to output.
Impact in power
Outside manufacturing, she is also driving innovation in Nigeria’s power sector through the Intelligent Data Box (IDB), a proprietary technology solution to curbing electricity theft. The IDB digitalises meter ordering and installation and offers monitoring and verification tools. Already, Ikeja Electric has adopted the technology, and Eraskorp is in talks with other distribution companies across the country.
Under her leadership, Eraskorp manages a major security contract with Chevron Nigeria Limited in the energy infrastructure space. The company currently deploys nearly 500 personnel and a robust early-warning technology system to protect Nigeria’s critical oil and gas infrastructure, which is consistently threatened by pipeline vandalism and oil theft.
The businesswoman also serves as a non-executive director on the board of C & I Leasing Plc, where she contributes to corporate governance and strategic oversight. Her long-term focus remains on creating industrial systems like energy generation, manufacturing, security, and supply chain.
Her leadership style stands out in her ability to combine local operational know-how with global strategy. Florence Okoli is intensely focused on making Nigerian businesses globally competitive by solving the structural issues that have long held back local manufacturing.
