Draft:Ratcon Construction Company Limited


Ratcon Construction Company Limited
TypePublic
NGX: RATCON
IndustryConstruction, real estate development
Founded1990; 36 years ago (1990)
Headquarters,
ProductsPre-engineered steel buildings
ServicesDesign, fabrication, erection
Websitewww.ratconconstruction.com

‘’’Ratcon Construction Company Limited’’’ is a Nigerian construction and civil engineering company headquartered in Ibadan, Oyo State, Nigeria. The company was established in 1990 and specializes in road construction, bridge construction, quarry operations, asphalt production and building construction.[1][2]

History

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Ratcon Construction Company Limited was founded in 1990 by Elias C. Saad, a Lebanese born Nigerian businessman and engineer.[3] The company was established in Ibadan, Oyo State, Nigeria, and initially focused on civil engineering and construction services in southwestern Nigeria.[4]

During the 1990s and 2000s, the company expanded its operation beyond Oyo State and became involved in the construction and rehabilitation of highways, bridges, township roads and public infrastructure projects across southwestern Nigeria.[5]

The company gained wider public attention through its participation in major state government infrastructure projects. In 2018 “Premium Times” reported on Ratcon’s involvement in the Osogbo-Gbongan road project in Osun State during and investigation into delays affecting the project.[6]

I’m 2024, the Oyo State Executive Council approved contracts covering approximately 84.7 kilometers of inner roads in Ibadan, with Ratcon among the contractors selected for the projects.[7][8]

Operations

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Projects

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References

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  1. "Ratcon Construction Company - Home". www.ratconconstruction.com. Retrieved 2026-06-24.
  2. Meshioye, David (2023-12-07). "Oyo approves contracts for 84.7km Ibadan inner roads". The Guardian Nigeria News - Nigeria and World News. Retrieved 2026-06-24.
  3. "Strong Position - The Business Year". The Business Year. Archived from the original on 2022-09-26. Retrieved 2026-06-24.
  4. "Ratcon Construction Company - Ownership". www.ratconconstruction.com. Retrieved 2026-06-24.
  5. "Ratcon Construction Company - Company Profile". www.ratconconstruction.com. Retrieved 2026-06-24.
  6. www.premiumtimesng.com https://www.premiumtimesng.com/news/headlines/263670-special-report-four-years-after-award-of-contract-osogbo-gbongan-road-remains-a-death-trap.html. Retrieved 2026-06-24. {{cite web}}: Missing or empty |title= (help)
  7. Meshioye, David (2023-12-07). "Oyo approves contracts for 84.7km Ibadan inner roads". The Guardian Nigeria News - Nigeria and World News. Retrieved 2026-06-24.
  8. "Changing Outlook of Ibadan Inner Roads – THISDAYLIVE". Retrieved 2026-06-24.