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Haulage and Logistics business operates with a fleet of 11 (eleven) trucks at
the moment and the Company intends to increase the number of the trucks in the
fleet by 25 (twenty-five) |
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The Company currently operates through its business interests in Polypropylene
(PP) Woven Sacks Manufacturing Plant. There is a supply gap of about 20,000,000
bags per month which is yet unsatisfied. |
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The idea of the Microfinance unit was buoyed by the need to complement
government’s efforts in the economic empowerment of its citizens |
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Company Information
Riggs Ventures West Africa Limited (formerly Riggs Securities
Limited) hereinafter referred to as “the Company”, is a private limited
liability company incorporated on the 13th of July 1993 (RC 225899)
and commenced operations on 1st April 1998. Its authorized share capital is
2,000,000,000 Ordinary Shares of 50kobo each (N1,000,000,000), while the fully paid
up share capital is N440,197,773 made up
880,395,546 units of Ordinary shares of 50kobo each.
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Riggs Haulage Services was established to provide logistics services
and delivery of heavy cargo to various destinations within the country |
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Our targeted clients are well established conglomerates, who can better
appreciate our investment with regards to new trucks of this tonnage in terms of
capacity of weight hauled. |
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Our Bureau de Change arm was licensed by Central Bank of Nigeria to undertake
sales and purchase of international monetary instruments. |
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