JOF Nigeria Limited is a wholly owned Nigerian Company founded in 1993 as an export and import company, but over time has evolved into a company with diverse interests in Logistics, Real Estate, Manufacturing, Infrastructural Development, Agriculture, Investments, Warehousing and also has the capacity to engage in the distribution of finished goods for some of its clients. These clients include Nestle Nigeria Plc, Unilever Nigeria Plc and Nigerian Breweries Plc, among others.

Founded by Segun Olugboyegun, it has its roots in the businesses started by the progenitor, Rev. (Dr.) Canon J. O. Fagboyegun in 1951, who was in the production of cocoa, palm kernel and coffee.

To-date, JOF has established an enviable reputation as a leading provider of integrated supply chain solutions to the leading FMCG multinational companies in Nigeria. Among these are Nestle Nigeria Plc, Unilever Nigeria Plc, Nigerian Breweries Plc, Guinness Nigeria Plc, FrieslandCampina (WAMCO), UAC Foods, Cadbury Nigeria Plc, Lafarge Africa Plc and Pladis Global Ltd (United Biscuits).

  • JOF Nigeria warehouse
  • JOF Nigeria warehouse
  • JOF Nigeria warehouse
  • JOF Nigeria warehouse

Our Ambition

The Strategic architecture that has inspired the leadership of the JOF business is as follows:


To create exceptional value for the benefit of all stakeholders


To enhance value creation by deploying proven competencies in select strategic partnerships


Anchored on three pillars: Integrity, Excellence and Relationships


J.O.F.... partnering to maximize value

Words from the CEO

Nigeria, being a uniquely challenging environment, demands a total hands-on approach where Supply Chain Management is concerned. We have established, in accordance with stakeholder expectations a widely-acknowledged reputation for excellence in our business operations and believe that trust and respect are the currency of sound relationship management.

Some of the strategies we deploy in our activities include:

  • Using our competitive advantage to improve stakeholder value by bringing about a cost reduction with optimal efficiency in operations
  • A shared commitment to product quality
  • Extending best commercial efforts to increase business volume with sustained growth
  • Shared customer assurance standards
  • Maintaining a perspective of being an integral extension of our clients’ business in relation to delivering higher returns to its stakeholders

All of these are complemented by the support received from our bankers to distinguish us as focused, purpose-driven men and women of integrity. The continued patronage of our services by established multinationals prove the success of our strategy.

We are determined to recreate our successes in supply chain services by diversifying into oilpalm plantations and refinery with the backing of our foreign technical partners.

In collaboration with the governments of Ondo and Ogun States we will develop, rapidly advance and optimize yet untapped yields in the oil palm sector.

Numerous off-takers such as Unilever Nigeria Plc, Nestle Nigeria Plc amongst others have already indicated strong interest in the finished product.

It is important to mention that other stakeholders with demonstrable ability in agribusiness have indicated interest and pledged commitment to this venture.

Our Business Operations


Develop a strong, dynamic, logistics and distribution platform enhanced by an in-house team of skilled solution providers

Proactively research, identify and adapt our methodologies to existing conditions in order to continuously provide better services to customers

Eliminate or minimise loss by ensuring operational and organisational efficiency, underscored by strict financial controls

Meet and where possible, exceed ethical and environmental obligations

Our Achievements

JOF has been recognised as one of the TOP 100 BUSINESSES IN NIGERIA by the Federal Government of Nigeria – 2014

JOF has established invaluable trading, importation, distribution-operations and management of supply chains that serves the demands of multinational companies in the food and beverage industry

Year on year winner of Nestle Nigeria Plc’s Good Performance Award as Best Raw Materials Supplier

Our Locations

Obanikoro Warehouse Complex, Lagos State

Oregun Warehouse Complex, Lagos State

Otta Warehouse Complex, Ogun State

Agbara Warehouse Complex, Ogun State

Our Team


Segun OLUGBOYEGUN (Formerly Segun Fagboyegun) is the Founder, Chairman and Chief Executive Officer of JOF Nigeria Limited, a trading company, 3PL Logistics service provider with interests in real estate and investments in other businesses. A business he started in 1993.

JOF has a division that manufactures/processes industrial and edible salt as well as other intermediate food ingredients which are supplied to some manufacturers in the food and beverage industry such as Nestle, Unilever, Promasidor, etc.

JOF was recognised in 2014 by the Federal Government of Nigeria under the leadership of President Goodluck Jonathan as one of the 100 big businesses in Nigeria along with Shell Petroleum Development Company Plc, Nestle Nigeria Plc, Nigerian Breweries Plc, and others.

Segun is a qualified Barrister at Law and holds a University of London Masters degree, having attended King’s College London, (University of London), where he specialised in Maritime Law in 1990 after his first degree (L.L.B Hons) from University of Ile-Ife (now Obafemi Awolowo University, Ile-Ife)in 1984. He also bagged a BL from Nigerian Law School, Lagos in 1985.

His working experience has straddled the gamut of legal practice and international commerce. As a legal practitioner, he was Counsel in the firm of Chief Fola Akinrinsola & Co. (1986 – 89) and later, principal partner in Segun Fagboyegun & Associates (1990 – 93). He was the Assistant Secretary of the Nigerian Bar Association, Lagos branch between 1988 & 89. He is a recipient of the Award of Excellence from the Nigerian Bar Association, Owo Branch and a Life Patron of the Association as well.

He attended Transforming Corporate Leadership Conference organised by Dr. John C. Maxwell & Associates in 2004.

In 2006, he attended the popular Finance For Non-Finance Directors’ course at the London Business School, and later the Managing Directors course organised by London Institute of Directors. In 2013, he attended a course in Strategies and Leadership in Supply Chains at the Stanford University Graduate School of Business in California USA. He was awarded the Honorary Doctoral Degree (Honoris Causa), Doctor of Business Administration (DBA) in 2019 by Adekunle Ajasin University, Akungba, Ondo State, Nigeria.

He is presently an Executive Council Member of the International Chamber of Commerce, Nigeria and also the Vice-Chair of the Global ICC Commission on Customs and Trade Facilitation. He is a member of the Institute of Directors of London. He is the Chairman of Tulip Cocoa Processing Company Limited, a foremost Cocoa Processing Company in Nigeria; a subsidiary of Ampimex International BV, one of the major cocoa products supplier/trader in Europe and also the Chairman of Agrifa International Limited, an agro-allied company presently investing in Oil Palm & Plantain Plantation in Ogun State. This is borne out of his interest and in the belief that with the growing population in Nigeria, there is a need to ensure adequate food security. He is a director of Ondo State Investment Promotion Agency (ONDIPA) and Ondo State Education Trust Fund.

He is married with children. He enjoys reading, skiing and watching football.

DAYO OLUGBOYEGUN - Executive Director, Properties and Infrastructure

Dayo holds a bachelor’s degree in Banking & Finance from University of Ado Ekiti, and an MBA from Canterbury Business School, now Kent Business School, and University of Kent, United Kingdom.

He worked as a business analyst with Integrated Business Strategies, a management consultancy firm before joining JOF Nigeria Limited to manage the company’s portfolio of investments.

He is responsible for the real estate arm of the business, facility management and information technology.

RONY CRIEL - Director, Commercial Operations

Rony holds a Master’s Degree in Business Administration from the University of Antwerp, Belgium.

He has occupied various management positions in some multinational companies and worked over the last 32 years in many African countries including Nigeria, Kenya, Zambia, Angola and South Africa.

ADEYINKA ADETUNJI - Director, Strategic Support Services

Adeyinka has over 25 years cross functional experience in Information Technology; Human Resource Management; Procurement and Supply Chain Planning.

He obtained a Bachelor’s degree in Computer Science & Economics (Combined Honours) from the Ogun State University and a Master’s degree in Industrial & Labour Relations from the University of Lagos. He is a Certified Information Systems Auditor, ISACA, USA.

Mr. Adetunji held several management positions in Nigerian Breweries Plc, an operating company of Heineken International.

EMMANUEL IMOAGENE - Non-Executive Director

Emmanuel is the Lead Consultant with Multivaluedge Consulting Limited. He has diverse experience spanning over three decades in several blue-chip companies including Shell Petroleum Development Company of Nigeria Limited, Nigerian Breweries Plc, Unilever Ghana Limited, Cadbury Nigeria Plc, Dangote Cement Plc, amongst others where he held several senior leadership positions in human resources, logistics and procurement.

Mr. Imoagenegraduated with a bachelor’s degree from the University of Benin, and a Master’s degree from the University of Ibadan. He is a fellow of the Chartered Institute of Personnel Management of Nigeria.

IBUKUN ADEWUYI - General Manager, Client Services

Ibukun holds a Higher National Diploma (HND) in Accountancy from YabaCollege of Technology, Lagos and Master of Business Administration from ESUT Business School Enugu.

He is a fellow of Institute of Chartered Accountants of Nigeria (ICAN) and a member of Nigeria Institute of Management (ANIM).  He has over 20 years’ experience in Management and Financial Accounting with a vast experience in Total Supply Chain Operations ranging from Demand and Supply Planning, Warehousing and Distribution, Procurement, Customers Services and Process Improvement.

Ibukun was the Lean Value Stream Manager in Nestle Nigeria Plc before joining JOF Nigeria Limited.

RAJESH MEHTA - General Manager, Salt Factory

Rajesh has over 35 years of manufacturing experience with 20 years of hands onexpertise in diverse environments of various types of Salt Works Operations and Management of Salt Refinery across Africa.  Mr. Mehta was a General Manager in Salt organizations in Ghana, Kenya and the Director of Operations in Neelkanth Salt Ltd, Tanzania before joining JOF Nigeria Limited.

Rajesh holds a Bachelor’s degree in Chemical Engineering from Birla Institute of Technology & Sciences Pilani, India.  He has attended several trainings and workshops including the Ninth World symposium on Salt at The Hague, Netherlands.