NESL was initially established to provide engineering and logistics services to the Nigerian Navy and extend this expertise to other customers as a source of internally Generated Revenue (IGR). The strategic focus of the company has however transformed to be the most innovative and robust engineering outfit that meets the emerging and future technical challenges of the Nigerian Navy and Africa’s maritime industry.
The Company is still in its fledgling stages of growth and achieving its lofty vision would require some form of sustenance and capacity building. NESL therefore concentrated its efforts on satisfying the Nigerian Navy’s basic requirements as a means of achieving relevance to guaranty sustainable operations. This strategy has however not provided the company with the needed financial strength to attain its goals. In a service industry where the competition has advantages in commercial experience and scale, NESL had to come up with an effective course of action to ensure its survival.
The company has adopted a new strategy to aggressively pursue the production of cost effective and innovation engineering solutions that are well suited for the immediate environment. This is aimed at improving upon the Navy’s capability with cheap and effective products and leveraging on successful ‘spin-offs’ of such developments to meet its long term financial requirements. Relying on the Navy’s teeming number of young and enterprising engineers and experience gathered over time, NESL is designing platforms which would be cheap, effective, durable and capable of being maintained locally. We are very confident of the relevance of our solutions and excited over our new prospects. We intend to enjoy every minute of our journey to the top.