Company Genesis
- Amexum was formed to benefit investors, Landowners, the Nation, Africans in Diaspora (in that order)
- African wealth must benefit the Africans first and foremost even if he lives in America, on the Moon or on Mars.
- Then we can help the world at large with our God-given resources and efforts.
- Africans must own Gas Stations, anywhere in the world.
Operational plan
- Build a 100,000 BDP private hydrocarbon refining plant in Nigeria for Nigerians
- Build the Nigerian Private Refining Company partly owned and managed by Nigerians
- Start the second phase after the first 3 years of operation
- Build an internationally reputable hospital among other proposed projects.
Financial profile
- Private ownership 100%
- Debt participation
- Equity participation
- Institutional investments
- Market financing
- Total project value =$12.5 billion
Profitability projections
- 2020 – 2021 construction phase
- Plant commissioning phase
- 2021 – operations commencement
- Year 1 – profit of $4.0 billion
- Year 2 – profit of $4.5 billion
- Year 3 – profit of $6.5 billion
Corporate citizenship
- Amexum is a Nigerian corporation
- Amexum is America’s corporation
- Amexum is a citizen of the world
- Amexum is a responsible world citizen and always will be
Investor benefits
- Oil operations are profitable
- Amexum will pay dividends
- Amexum pays interest earnings
- Amexum maintains a happy board
- Amexum will split stocks
- Amexum will give stock options
- Amexum will sell more shares
Employment projection
- About 1500 jobs in the first year
- About 1000 jobs in the second yr
- About 800 jobs the third year
- About 500 jobs thereafter
Locational responsibility
- Power provision
- Water provision
- Job provision
- Infrastructures & housing
- Health facility provision
- Scholarship provision
- All limited to 1% of Amex. Profit
Mutual benefits
- Amexum is not a rogue corporation-to take profit and leave indegenes in poverty
- Amexum will promote mutual ownership
- Amexum will provide employment
- Provide infrastructures – houses/clinics
- Amexum will provide power in the environs
- Amexum will give water in the environs
- Amexum will educate our host– better life
- Amexum will keep your existing lifestyle
- Amexum will keep a clean environment
American offices
- Management office only
- Liaise finances / operations
- Liaise local franchises
- Organize new deals
- Support all other offices
- Host all board members
- Arrange board meetings etc.
Non-American offices
- Managed by local management
- Management is responsible to the entire Amexum board
- Handles all local operations
- Local hiring or firing is final with the local offices
- Is answerable to Headquarters
Personnel training
- Limited external training if any
- All persons to train at site
- Train as and when needed
- Train the next man on line
- Access labor on-site location
- Professionals nation-wide
- No nepotism or favours
Non-corrupt practices
- Merit-based employment/promo
- Oversight of expense approvals
- Pre-payment audits –no freebies
- Corruption = dismissal= jail
- No government notes/biz cards
- First come first serve policy
- Customers must come first