1977
Establishment of the Group’s first company Setraco Nigeria Limited
1978
First project awarded to SNL: the rehabilitation of 87km of roads in Edo State (then Bendel State) of Nigeria.
1982
First major project awarded by the Federal Government of Nigeria to SNL, including the construction of 121 km Road between Mokwa and Bida in Niger State.
1997
Nigeria’s first major bridge awarded by the Federal Government of Nigeria with a total length of 750m, successfully completed by the company 9 months ahead of schedule.
2001
Venturing into the real estate development sector
2004
Venturing into the technology and satellite imaging field
2004
Major expansion in vessel and equipment amounting to US$100 million
2004
Successful and timely completion of Bomadi Bridge (875m long with 40m long spans) and Abuja Keffi Road-a major road leading to Nigeria’s capital- elevates the company to the league of major construction companies.
2004
Number of employees exceeds 20,000
2005
Venturing into the building construction business
2006
Award of a 210km road contract linking two major cities (Warri and Port-Harcourt) through three major States of Nigeria, with a scope of 43 bridges and a contracts value of over US $1.85 billion. It is the biggest road contract awarded by the Federal government to a single contractor.
2006
3 major World Bank financed road projects are awarded in the northern parts of Nigeria.
2007
Celebrating of the Group’s 30 years
2009
Group turnover exceeds $1 Billion
2010
Venturing into the steel fabrication business
2010
Setraco commences operation in Equatorial Guinea
2010
Initiates of the development and construction of a mega mixed-use estate project of 575 ha area in the federal capital of Nigeria.
2011
Setraco commences operation in Iraq