About Us

Our History

Founded in 2011 by Mahmud B. Tukur, an entrepreneur and award-winning Business Leader with almost Three decades of experience in the Oil & Gas, Maritime, Infrastructure, Real Estate and Technology Sectors.

The Ashgrove Group is comprised of four operating companies, namely: Ashgrove Energy Limited , Ashgrove Exploration & Production Limited and Ashgrove Petroleum Limited which operate within the Oil & Gas Value Chain, whilst Ashgrove Investments Limited invests across a diverse range of sectors.


The Group structure was created as a result of common shareholding between the 4 companies and in order to leverage the natural synergies that exist between the companies. 

Ashgrove Group is Head Quartered in Lagos, Nigeria and operates a regional office in Abuja, with plans to expand to Warri in 2024.

The Group has ambitions to grow within the African Continent, and we are well positioned to leverage on our experience within the Nigerian and West African markets to act as a springboard for expansion across the African Continent.

Share Our Vision

Our vision is to be a leading African oil and gas company, powering the continent’s growth and development.

Share Our Mission

Our mission is to be the partner of choice for our clients, delivering innovative and sustainable solutions that meet their energy needs and create value for all stakeholders.

Our Core Values (TIAR)

Our Core values are the foundation of everything we do:


We will work in unison, riding out the difficult times and celebrate the big wins together.


We continuously seek faster and more efficient ways of doing things, pushing boundaries and exploring new frontiers to drive progress.


We take full ownership of our different responsibilities and functions to achieve our common objectives.


We treat each other with respect regardless of level or status.

Our Board

Chairman - Dayo Balogun
MD CEO - Mahmud Tukur
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Director - Aisha Tukur

Our Team

Our leadership team is comprised of highly skilled and experienced professionals. We are proud to have a diverse workforce that represents the communities we operate in and we are  strongly committed to developing future leaders and investing in our employees’ growth and development.

MD CEO - Mahmud Tukur
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Finance Manager - Tajudeen Abdulkareem
Commercial Manager - Nazif Alhassan
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Head of Corporate Dev - Kiitan Ademoye
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