The Initiates Plc (NGX:TIP)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
10.45
+0.54 (5.45%)
At close: Jul 14, 2025

The Initiates Company Description

The Initiates Plc provides waste management, industrial cleaning, and decontamination services.

The company offers thermal destruction services for the destruction of chemical waste, medical waste, and other hazardous waste; decontamination, removal, and disposal services for asbestos and asbestos containing materials; waste water treatment systems; E-waste processing services comprising ODS reclamation, data destruction, screens, bulbs/fluorescents processing, and cable/batteries recycling; and thermal desorption services for the treatment of drill cuttings, hydrocarbon contaminated soil, and oily sludge.

It also provides tank/FPSO/FSO-sludge evacuation services; tanks and vessels, boiler, and heat exchangers cleaning services; jetting and surface preparation services for industrial and commercial facilities; and pipe and drainage cleaning services.

The Initiates Plc was incorporated in 1995 and is headquartered in Port Harcourt, Nigeria.

The Initiates Plc
CountryNigeria
Founded1995
IndustrySanitary Services
Employees55
CEOReuben Ossai

Contact Details

Address:
Plot 400 Umuebelu 4 Oyegbo
Port Harcourt
Nigeria
Phone234 208 4669510
Websiteinitiatesgroup.com

Stock Details

Ticker SymbolTIP
ExchangeNigerian Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyNGN
SIC Code4950

Key Executives

NamePosition
Reuben OssaiChief Executive Officer
Rosemary TanehChief Financial Officer