It was established in April 1959 as a joint venture between the Western Regional government, Eternit Group[1] who had majority shareholding, Patterson Zochonis and John Holt.
[2] The firm began operations in 1961 at Ikeja conducting business under the name, Asbestos Cement Company.
In 1964, it would have begun making pressure pipes largely for a water supply and sewage draining scheme initiated by the Western regional government.
Nigerite's products are diverse and can be used for projects of varying cost valuations.
[5] The Kalsi products has a pre-fabricated component that can be used to build structures.