10 Things You Can Learn From A Nigerian
3. How to Leverage Your Knowledge of Petrol and Start a Multi-Billion Dollar Oil Business
The irony of Kase Lawal’s story is that he left his oil rich country and eventually hit it big in Texas in none other than the oil business. His company CAMAC is one of the largest black-owned businesses in the U.S., generating over $2 billion dollars a year. He founded the company 25 years ago after working as a chemical engineer with Shell Oil Company. It started off as a small agriculture business but expanded into oil in 1991 when Lawal “made a deal with the oil giant Conoco, agreeing to jointly operate and share production from any Nigerian discoveries. Today, CAMAC has offices in London, Johannesburg, Lagos and Port Harcourt, Nigeria and is involved in oil exploration, refining and trading.”
