ETAZUMA MINING AND INDUSTRIES LIMITED

What ETAZUMA MINING AND INDUSTRIES LIMITED does

Etazuma Mining and Industries Limited (EZM) is a privately held Nigerian business management and holding company headquartered at Zuma House, No 1 Etazuma Crescent, Gudu District, FCT, Abuja. It functions as a parent entity coordinating multidisciplinary services across solid minerals, energy, steel, real estate, agriculture, and manufacturing for clients operating in the primary and secondary sectors of the Nigerian economy, with the stated objective of optimizing client return on investment. The company is led by Executive Chairman and CEO Dr. Innocent Ezuma and supported by a small headquarters team of roughly 79 employees, augmented by operating staff within its subsidiaries.

The operating model is delivered through six wholly-owned subsidiaries: Zuma828 Coal Nigeria Limited (coal mining at Okobo Okpiko, Ankpa LGA, Kogi State, supplying industrial customers in cement, ceramics, and paper manufacturing); Zuma Energy Nigeria Limited (a licensed power-generation developer holding NERC On-Grid Power Generation Licenses for a 1,200MW coal-fired plant in Itobe, Kogi State, expandable to 3,000MW, and a 400MW gas-fired plant in Egbema, Imo State, with PPA negotiations underway with NBET); BRECC — Bogdan Real Estate and Construction Company Ltd (building construction, civil engineering, road and drainage, project management, plus corporate structuring through a Dubai office); IMEX Mineral & Processing Nigeria Limited (eco-friendly coal briquettes and stoves for domestic and commercial cooking); Zuma Steel West Africa Nigeria Limited (steel processing using domestic iron ore, silicon, chromium, and nickel); and Arofarms Nigeria Limited (cassava and palm oil production). The parent also sells consulting services spanning strategic management, governance/risk/compliance, finance, ICT, human capital, HSE, supply chain, and mineral title management.

Revenue mechanics combine B2B consulting engagements, direct coal-offtake sales to industrial buyers, future grid electricity sales under PPAs with NBET, coal briquette product sales, construction contracts, and agricultural commodity sales. Distribution is conducted via direct enterprise sales across each subsidiary, supported by a network of dedicated subsidiary websites. Founded in 2018, the company remains in an infrastructure-development phase with limited disclosed revenue and no public equity listing; its scale is best characterized by the planned 1,600MW of power-generation capacity, mining licenses, and 108 hectares of acquired land rather than by any disclosed financial metrics.

Name

ETAZUMA MINING AND INDUSTRIES LIMITED

Legal name

Etazuma Mining and Industries Limited

Website

https://etazuma.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Etazuma Mining and Industries Limited is a Nigerian holding company managing six subsidiaries in coal mining, licensed power generation, real estate and construction, coal briquettes manufacturing, steel processing, and agriculture, providing integrated business management and consulting services to industrial clients across Nigeria.

Ownership category

akta.pro rank

Product category

Diversified Industrial Conglomerate (Mining, Energy, Real Estate, Manufacturing)

NAICS

Coal Mining (2121)

SIC

Bituminous Coal & Lignite Surface Mining (1221), Bituminous Coal & Lignite Mining (1220)

akta.pro industry

PRIMARYIMAKAKAD

Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul)

Industrials, Manufacturing & Construction/Metals & Mining/Mining Services & Contracting (Exploration, Drilling, Blasting, Mine Operations)

SECONDARYIMAKAKAH

Contract Crushing, Screening & Materials Handling (In-Pit/ROM, Conveying, Stockpiling)

Industrials, Manufacturing & Construction/Metals & Mining/Mining Services & Contracting (Exploration, Drilling, Blasting, Mine Operations)

Keywords

• Coal mining operations
• Power generation services
• Industrial minerals processing
• Energy infrastructure development
• Construction and real estate

Headquarters

HQ city

Abuja

HQ country

Nigeria

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Business Management and Consulting Services: Provides premium business management consulting solutions to client companies to optimize return on investment (ROI). Revenue is generated through professional services engagements in areas including strategic management, governance, risk and compliance, financial management, ICT, human capital management, health safety and environment, corporate relations, technical services, quality management, exploration and mineral title management, sales and distribution, and supply chain management.
2. Solid Minerals Exploration and Mining: Zuma828 Coal Nigeria Limited operates as the coal mining subsidiary, extracting and supplying coal to industrial customers in cement manufacturing, pottery and ceramics, paper mills, and other energy-intensive industries.
3. Energy and Power Generation: Zuma Energy Nigeria Limited develops and operates coal-fired (1200MW in Itobe, Kogi State) and gas-fired (400MW in Egbema, Imo State) power plants. Revenue is generated through electricity generation and grid supply under power purchase agreements.
4. Manufacturing - Coal Briquettes: IMEX Mineral & Processing Nigeria Limited manufactures eco-friendly coal briquettes for domestic and commercial cooking energy, providing a smokeless, oxygen-rich alternative to charcoal and firewood.
5. Real Estate and Construction: Bogdan Real Estate and Construction Company Ltd (BRECC) provides building construction, road and drainage construction, civil engineering works, and project management services. BRECC also offers corporate structuring and financial services through a Dubai-based team.
6. Agriculture: Arofarms Nigeria Limited produces agricultural products including cassava and palm oil for consumption and commercial purposes.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Etazuma Mining and Industries Limited is a business management company that provides premium multidisciplinary solutions to client companies in order to optimize return on investment (ROI). Operating through wholly-owned subsidiaries, it engages in coal mining, licensed power generation (coal-fired and gas-fired plants), real estate and construction, steel processing, eco-friendly coal briquette manufacturing, and agricultural production, while delivering integrated consulting services spanning strategic management, governance/risk/compliance, ICT, human capital, and supply chain management.

Product overview

Etazuma Mining and Industries Limited is a business management company that operates as a parent holding structure overseeing multiple subsidiaries across key sectors of Nigeria's economy. The portfolio includes Zuma828 Coal Nigeria Limited (coal mining), Zuma Energy Nigeria Limited (power generation with 1200MW coal and 400MW gas plants), BRECC (real estate and construction), IMEX (coal briquettes manufacturing), Arofarms (agriculture), and Zuma Steel (steel processing). The parent company provides integrated consulting services spanning strategic management, ICT, finance, HR, HSE, and supply chain management to optimize return on investment for its client companies operating in solid minerals, energy, manufacturing, agriculture, and infrastructure sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Zuma Coal: Premium coal mining company solving industrial energy requirements for cement manufacturing, pottery and ceramics production, paper mills and other industries with heat and energy requirements.
• Zuma Energy
• BRECC
• IMEX
• Arofarms

Products and services

• Business Management and Consulting Services Premium multidisciplinary business management and consulting solutions for client companies operating in primary and secondary sectors of the Nigerian economy, aimed at optimizing return on investment through strategic, governance, financial, ICT, HR, HSE, and supply chain support.
• Industrial Coal Supply (Zuma828 Coal Nigeria Limited) Premium coal mining and supply to industrial customers including cement manufacturers, pottery and ceramics producers, paper mills, and other heat/energy-intensive industries. Mining operations located at Okobo Okpiko, Ankpa LGA, Kogi State.
• Power Generation (Zuma Energy Nigeria Limited) Licensed on-grid electricity generation through a 1,200MW coal-fired power plant (Itobe, Kogi State) and a 400MW gas-fired power plant (Egbema, Imo State), with electricity sold to the national grid via a Power Purchase Agreement with the Nigerian Bulk Electricity Trading Corporation (NBET).
• Real Estate and Construction Services (BRECC) Building construction, road and drainage construction, civil and structural engineering, and project management services for residential, commercial, and government clients in Nigeria, with associated corporate structuring, banking, trust, tax, and investment services delivered through a Dubai-based team.
• Eco-Friendly Coal Briquettes and Stoves (IMEX) Smokeless, oxygen-rich, long-burning coal briquettes and stoves that provide a healthier alternative to charcoal and firewood for domestic and commercial cooking energy, produced by IMEX Mineral & Processing Nigeria Limited.
• Agricultural Products (Arofarms Nigeria Limited) Production and supply of agricultural commodities including cassava and palm oil for both domestic consumption and commercial trading, delivered by Arofarms Nigeria Limited.
• Steel Processing (Zuma Steel West Africa Nigeria Limited) Licensed steel processing that transforms natural mineral deposits (iron ore, silicon, chromium, nickel) into industrially viable steel products for construction and manufacturing applications.

Quantifiable outcome

• 1200MW installed capacity power plant expandable to 3000MW (Itobe, Kogi State)
• +5 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and major.

• Nigerian Electricity Regulatory Commission (NERC)coreOthersZuma Energy Nigeria Limited has acquired On-Grid Power Generation Licenses from NERC for both its 1200MW coal-fired power plant in Itobe, Kogi State and its 400MW gas-fired power plant in Egbema, Imo State. NERC is the regulatory body that grants operating licenses for power generation in Nigeria.
• Nigerian Gas Company (NGC)coreTechnology or IntegrationZuma Energy Nigeria Limited has reached the final stage of negotiations with Nigerian Gas Company (NGC) for the Nigerian Gas Transportation Network Code (NGTNC) framework and Gas Exit Agreement for gas supply to the 400MW gas-fired power plant.
• Nigerian Bulk Electricity Trading Corporation (NBET)coreStrategic or Co-development PartnerPower Purchase Agreement (PPA) between Zuma Energy Nigeria Limited (ZENL) and NBET has been initiated by both parties with NBET at the final stage of execution. NBET is the government entity responsible for bulk electricity trading in Nigeria's power market.
• Federal Ministry of EnvironmentcoreOthersEnvironmental & Social Impact Assessment (ESIA) approvals have been received from the Federal Ministry of Environment for the power plant, transmission line and gas pipeline route. This regulatory approval is required for the construction and operation of power generation facilities.
• COPS LTDmajorStrategic or Co-development PartnerBRECC (Bogdan Real Estate and Construction Company Ltd) is described as a 'technical partner to COPS LTD' providing construction, architecture and development services. This partnership provides BRECC access to highly skilled staff, experts, and opens doors to partnerships with best construction and development companies in the sector.
• ZUMA 828 COAL LTDmajorStrategic or Co-development PartnerBRECC is described as a 'technical partner to ZUMA 828 COAL LTD.' This intra-group partnership provides construction and development services to the coal mining subsidiary while giving BRECC access to specialized mining sector expertise and operational synergies.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Oando Energy: One of Nigeria's largest integrated energy companies with upstream, midstream, and downstream operations. A broader incumbent in Nigerian energy that overlaps with Zuma Energy's power ambitions and competes for institutional capital and government relationships.

Direct peers

• Mainstream Energy Solutions: Operator of the Kainji and Jebba hydropower plants under concession with the Nigerian government. A direct peer to Zuma Energy as a Nigerian IPP with multi-hundred-MW capacity and government/regulatory relationships through NBET and NERC.
• Dangote Group: Nigeria's largest industrial conglomerate, with operations spanning cement, mining (including coal and limestone), power generation, sugar, and real estate. Closest structural analogue to Etazuma's diversified industrial holding model, with mining-to-power vertical integration similar to Zuma828–Zuma Energy.
• BUA Group: Nigerian conglomerate operating in cement, mining, power, real estate, and infrastructure. Closely mirrors Etazuma's mix of extractive industries, power, and construction, and competes for the same industrial talent pool in Nigeria.
• Geometric Power: Nigerian independent power producer developing the 141MW Aba integrated power project, including generation, transmission, and distribution. A direct peer to Zuma Energy in navigating NERC licensing, NBET PPAs, and the Nigerian IPP landscape.
• Transnational Corporation of Nigeria (Transcorp): Nigerian conglomerate whose subsidiaries include Transcorp Power (operator of the Ughelli Power Plant) and Transcorp Hotels. Comparable to Etazuma as a diversified Nigerian industrial group with a power generation pillar.
• Niger Delta Power Holding Company (NDPHC): Nigerian government-backed holding company overseeing the National Integrated Power Projects (NIPP) power plants across the country. Directly comparable to Zuma Energy as a licensed multi-plant power generation operator in Nigeria pursuing NBET offtake.
• Honeywell Group: Nigerian diversified conglomerate with interests in energy, infrastructure, real estate, and services. Comparable to Etazuma in operating multiple subsidiaries across industrial sectors within Nigeria.

Emerging players

• B2Gold Corporation: West African-focused gold miner with producing assets in Mali, Burkina Faso, and other regional jurisdictions. Comparable to Zuma828 as a regional mining operator navigating African extractive-industry regulation and infrastructure constraints, though focused on precious metals rather than coal.

Regional players

• Canyon Coal: South African coal mining company with operations across multiple coal assets. Regionally comparable to Zuma828 Coal as an African thermal coal miner addressing energy and industrial customers, though operating in a more developed mining jurisdiction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/etazuma-mining-and-industries-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ETAZUMA MINING AND INDUSTRIES LIMITED