About Us

Capital Hotel’s premier and only hotel, the Abuja Continental Hotel, commenced business in January 1990. The hotel operates and maintains restaurants, apartments for letting, recreational facilities, night club and a business centre.
Abuja Continental Hotel is the connectivity hub of our lobby experience, allowing guests to work, relax, socialize or grab a snack. As the connectivity hub of our lobby, guests can surf the Web, watch a game with friends, borrow a magazine or newspaper, or even send a video postcard to friends and family.

Profile

The Company was incorporated on 16th January, 1981, under the Companies Act, 1968 as a private limited liability company. It was converted to a quoted company in 1986 but was removed from the dealing list by the Stock Exchange in 1990. The Company regained its listing status on Thursday August 14, 2008 and has since remained a quoted public company listed on the floors of the Nigerian Stock Exchange.

Capital Hotels Plc is engaged in hotel business which includes furnishing of hotels and the sale of accommodation; food and beverage in the ordinary course of business.

 Vision & Mission Statement

Vision Statement: To be the hospitality company of first choice”

Mission Statement: To delight our guests through excellent service delivery while creating value for all stakeholders.

Meet the Directors

RAMESH KASANGRA (CHAIRMAN)

A First-Class Honours degree holder in Microbiology, University of London (1973). He is the Managing Director of Solai Holdings Ltd. (SHL) with over 30 years managing the Group. SHL has Net Asset Value in excess of GBP 160 million. SHL has a Net Asset Value in excess of USD 600 million. The group has a diversified portfolio that includes Hospitality, Ceramic Industry, Food Industry, Petro chemicals and agriculture. Mr. Ramesh Kansagra is a recipient of the honorary award of the Member of the Federal Republic of Nigeria (MFR).

BARR CHUMA ANOSIKE (NON-EXECUTIVE DIRECTOR)

Barr. Chuma Anosike – He is a legal practitioner with over 25 years’ post-call experience and Managing Solicitor of the law firm of Chuma Anosike & Co. He has business interests in Hospitality, Real Estate and Oil & Gas and is currently the President of the Nigeria Kenya Chamber of Commerce among other interests. He serves as a member of Purchase Committee and Business, Finance and Governance Committee of the Board.

ALH. ABATCHA BULAMA (NON-EXECUTIVE DIRECTOR)

Alhaji Abatcha Bulama is a seasoned Chartered Accountant with over 30years experience, Alhaji Abatcha Bulama is a Fellow of the Institute of Chartered Accountants of Nigeria and the Managing Partner of Alhaji Abatcha Bulama & Co. He is also the Ag Executive Commissioner, Operation and Director, Finance and Accounts of the Securities and Exchange Commission, Abuja. Alhaji Abatcha Bulama graduated from the Ahmadu Bello University Zaria in 1981 with BSc Accounting and has attended several courses and seminars including International Financial Reporting Standards (IFRS) by ICAN (2012), Executive Leadership: Realizing the Power of Influencing and Delivering Change Course organized by Crown Agents, United Kingdom (June 13-24, 2011), Specialist Management Development Programme – Senior Managers of the Securities and Exchange Commission, Kuala Lumpur, Malaysia (May 10-21, 2010), Capital Markets: Development and Regulation organized by the International Law Institute (Ill), Washington D.C. in cooperation with Georgetown University, USA (November 6-20, 2009), Key Account Management Course organized by Lagos Business School (LBS) (August 10-14, 2009), among others.

He has served in several Boards including SEC Pension Fund Board of Trustees, Institute of Directors (IoD) Centre for Corporate Governance, Certified Pension Institute of Nigeria and Financial Reporting Council (FRC).

CHIEF PAUL CHUKWUMA OBI (KSC) (NON-EXECUTIVE DIRECTOR)

CHIEF PAUL CHUKWUMA OBI (KSC)

Non-Executive Director

Chief Paul Obi, a Lawyer, has been in active legal practice for thirty years. A graduate of the University of Lagos, he is a Notary Public. He is also an Associate member, Chartered Institute of Arbitrators, London as well as a member of International Bar Association. He has a master’s degree in Law with specialization in Oil and gas law and Practice. He has a strong flair for Commercial practice and Civil litigation. He is the Managing Partner of P. C. OBI & Co, a firm of Legal Practitioners which he established in 1993. The firm P.C. Obi & Co is the external Legal Adviser to 11 Plc. The firm also serves as Company Secretaries and Legal Advisers to many other corporate institutions across many sectors. Chief Paul Obi sits on several boards and is the chairman of Sir Paul Obi Foundation.

RISHI KANSAGRA (NON-EXECUTIVE DIRECTOR)

Mr. Rishi Kansagra is a graduate of Harvard Business School and Somerville College, University of Oxford, having studied Philosophy, Politics and Economics. He currently sits on various advisory Boards such as Vivo Energy, Iodine Global Network, Nipco plc, Bridge International Academies in Nigeria, as well as being an Executive Director of Solai Holdings- a group operating in oil and gas, manufacturing and logistics assets throughout East and West Africa since 2006. He previously worked with Bank of England (2002 – 2004) and Chevron Corporation (2004-2006).

MR. TOKE ALEX-IBRU (NON-EXECUTIVE DIRECTOR)

Mr. Toke Alex-Ibru was elected a Non-Executive Director of Capital Hotels Plc with effect from 30th June, 2017. A History graduate from the University of Exeter in 2002. Mr Toke Alex-Ibru specialised in Media Development in Nigeria with over 10years of commercial experience in Publishing, 3years in hospitality management and determined to forge a career in the Media, Hospitality and Entertainment in Nigeria. He is motivated and energetic with diverse work experience gained across a number of fields. He is also a Director of several companies including Oma Investment Ltd., Alurum Investment Ltd., RFC Limited, Dadifoll Limited and an Executive Director of the Guardian Newspaper Ltd, Nigeria.

MR ROBERT ITAWA (EXECUTIVE DIRECTOR)

Mr. Robert Itawa was also elected as the new Executive Director of the Company with effect from Friday 28th April, 2017. Mr Robert Itawa was born on August 23, 1959 in Okwagbe, Ughelli South Local Government Area of Delta State. He holds a Bachelor of Science Degree in Accounting from the University of Lagos. He also holds a Master of Science Degree in Finance from the University of Benin and a Fellow of the Institute of Chartered Accountants of Nigeria. Mr. Itawa is a Management Trainer certified by the Centre for Management Development. Until the recent appointment, Mr. Itawa has being the General Manager of the Hotel and manages the interface among the Hotel Managers, the regulatory agencies and the Board of Directors to ensure harmonious operations. Before joining Capital Hotels Plc, Mr. Itawa had worked with several organizations. He was in charge of corporate strategy & Finance with the National e-Government Strategies Limited (NeGst); Deputy Managing Director of Ijewere Consulting Ltd; Financial Controller in Buidwell Plants & Equipment Ltd; General Manager, lrongate Finance & Trust Company Limited, Senior Consultant, Materials Management Services Limited (MMSL among other organizations. Mr. Itawa is a member of the African Peer Review Mechanism for the Second Peer Review of Nigeria. Mr. Itawa is an alternate member and Executive Assistant to the Co-Chairman of the African Business Roundtable as well as NEPAD Business Group Nigeria (the private sector arm of NEPAD, NIGERIA) and NEPAD Business Group West Africa. Mr. Robert Itawa is married to Josephine Ese Itawa and they are blessed with children.

ALHAJI AMINU ABDULKADIR (NON- EXECUTIVE DIRECTOR)

Alhaji Aminu Abdulkadir

Non-Executive Director

A civil engineer by profession, Alh. Abdulkadir A. Mamman has over 25 years of experience in oil and gas sector. He has successfully established and piloted numerous private Companies in oil and gas which includes Azkard International Limited and A.A. Mbamba Petroleum Group, since early 90s to date. He is one of the founding fathers of Nipco Plc, as well as its Group Executive Director. He has served on the Boards of several regulatory agencies in the petroleum sector, including Petroleum Products Pricing & Regulatory Agency (PPPRA) and the Petroleum Equalization Fund (PEF). He is the immediate past IPMAN National President and is currently the Chairman Board of Trustees of IPMAN. Alhaji Abdulkadir has also served the country under the Palliative Committee set up by then President, Chief Olusegun Obasanjo to cushion the effects of increase in price of petroleum products. A prestigious title holder of Sarki Hurmi Adamawa and a council member of the emirate.

PASCAL DEMARCHI (EXECUTIVE DIRECTOR)

Mr. Pascal Demarchi brings over 40 year’s experience in hospitality across 6 countries in Africa to the Board. He has 30 years senior management experience in major Hotel brand including Marriott International, Louvre Hotels and The Lux Collective. He is a product and graduate of the French Hotelier Lyce “Savoie Leman” at Thonon-Les-Bains on the shores of the Lac Leman, in France. He brings a wealth of expertise in the hospitality field with a full understanding of implementing mechanism and strategies to make a hotel successful.

RAVI BACHU (EXECUTIVE DIRECTOR)

A Qualified Chartered Accountant and also a Certified Company Secretary with about 22 years of corporate experience in the areas of Finance, Accounts, Taxation, Auditing, Management Information Systems and Annual/ Strategic Planning. Worked in various capacities in Multi-National firms in India and abroad engaged in the domain of Oil & Gas, Hospitality, manufacturing and consultancy. He is currently the Chief Finance Officer of 11 PLC.