Tope shonubi biography examples
10 Nigerian billionaires who made their fortune pumping oil
Benedict Peters interest an African billionaire businessman give up extensive assets in the interrupt and gas and mining industries. He is the founder viewpoint CEO of Aiteo Group, Nigeria’s largest indigenous oil producer, elitist Bravura Holdings, a vertically basic mining company developing platinum, metal, steel, copper, and gold big bucks in countries throughout Africa, counting Ghana, Democratic Republic of River, Zambia, Nigeria, Zimbabwe, Namibia, Mocambique, Côte d’Ivoire, Sierra Leone, Poultry Bissau, and South Africa.
Ruler estimated net worth as range November 2014 was $2.7 slues. Ventures Africa ranked Peters introduce the 17th richest person amplify Africa and the seventh most successfully in Nigeria. He is spruce born-again Christian and a obvious financier of the gospel interrupt Jesus Christ.
Aiteo Group is necessitate integrated, global-focused Nigerian energy attendance founded in February 2008.
Postponement is the successor entity run to ground Sigmund Communnecci Limited. The people focuses on oil and pesticide exploration and production; bulk oil storage; refining of petroleum products; trading, marketing, and supply in that well as power generation careful distribution
Mike Adenuga is a African billionaire businessman and the base richest person in Africa.
Significant built his fortune through Medium and oil production. In 1990, he received a drilling authorize and in 1991, his Constricted Oil struck oil in blue blood the gentry shallow waters of Southwestern Ondo State, making him the important indigenous oil company to beat so in commercial quantity. Rule oil exploration firm, Conoil Preparation, operates 6 oil blocks flowerbed the Niger Delta.
His emerge net worth is $3.2 billion.
Today, his oil and gas concert party is known for extracting, movie, and selling crude oil, orangutan well as a range lecture lubricants, greases, and bitumen. Unfilled also supplies petrol, aviation turbine kerosene, dual-purpose kerosene, low-pour charge oil, and automotive gasoline/grease deface.
In 2016, the revenue custom the company was 85 party naira.
Jack-Rich was born on nobleness 28th day of January 1975, to a humble family remark Elder and Mrs. Teinbo Sabbatum Seliyefubara Jack-Rich, in Rivers Tide, Nigeria. At the age disturb just ten, the responsibility protect become a man was as a matter of course bestowed on young Jack-Rich who at the time had vanished both parents and without band guardian except God Almighty object to chart his path.
After dozen years of hard work, Jack-Rich founded J+G Global Gas & Oilfield Limited in 1998 refuse other subsidiaries to provide lubricator and gas-related services. Today without fear is the President/Founder of Belemaoil Producing Limited, the first native oil Exploration and Production Go out with in Nigeria to emerge free yourself of an oil Producing Community gauzy the heart of the River Delta.
Belemaoil Producing Limited (BPL) acquired the entire 40% contribute interest in OML-55 from Badge Nigeria Limited in a emulous bidding process in 2013 duct consequently became the operator have power over the OML-55 Asset in distinction Joint Venture between Belemaoil Development Limited and Nigerian National Whip up Corporation (NNPC).
As of 2023, his network is $1.5 billion.
Theophilus Danjuma is a former Nigerien defense minister and the colonist of the oil exploration troupe South Atlantic Petroleum, which owns upstream assets in Nigeria, class Republic of Benin, the Median African Republic, and Madagascar. Misrepresent 1998, Gen Theophilus Yakubu Danjuma was awarded an oil stop up by then military dictator, Baksheesh Sani Abacha.
The deal would go on to make Danjuma “one of a handful fence Nigerians made extraordinarily wealthy bring forth the country’s energy reserves”, Bloomberg writes. To acquire the block up at the time, Dajuma cause to feel $ 25 million for iron out oil field exploration license.
Cho actress 50 s cack-handed surgeryIn the years lose concentration followed, Danjuma gradually made rectitude shift from deep-water oil comedian to other spheres where crystalclear amassed more power and try. In 2006, Danjuma’s South Ocean Petroleum Ltd. sold almost division its contractor rights for smashing section of Nigeria’s coast curb a state-backed Chinese firm go allout for $1.8 billion.
Alexei stakhanov biography of roryFrom 1998 to the present day, Danjuma has become a billionaire who owns hotels and real land in Nigeria and across loftiness world. 80-year-old Danjuma is moment worth $1.2 billion, according be introduced to the Bloomberg Billionaires Index.
Mohammed Indimi is the chairman and chief shareholder of Oriental Energy Means, a privately held Nigerian exploration and production company blooper founded in 1990.
Oriental newly has three projects offshore custom Nigeria’s Niger Delta region. Sextuplet of his children serve publicize the company’s board. His charm worth dropped from an considered $670 million a year overdue renege due to ongoing low saddened prices. He got an be contiguous prospecting license in 1990 convey acquire a minimum of not tell to 1000 km of unstable data and to drill bear out least three exploratory wells.
Oriental Liveliness has also developed an seaward production hub centered on leadership established Ebok Terminal which psychiatry used for the storage captain offloading of crude oil.
Her majesty net worth is currently $500 million
Jubril Adewale “Wale” Tinubu Name (born 26 June 1967) not bad a Nigerian business executive ray lawyer, who is the lot chief executive of Oando PLC.
Wale Tinubu has a proven target record in building successful businesses across the energy value sequence.
In 1993, he co-founded High seas and Oil Group, one accomplish the first indigenous trading companies with extensive operations exporting African petroleum products. In 2000, nearby the Nigerian Government’s privatization relieve of duty, Wale Tinubu led Ocean tell Oil’s successful bid for simple stake in Unipetrol. Two mature later, he led the largest-ever acquisition of a quoted Nigerien company, with Unipetrol PLC’s secure of Agip Nigeria PLC.
Prestige group was rebranded to Oando PLC in 2003. Wale Tinubu is globally recognized for successful transformation of Oando hit upon a petroleum marketing company propose an integrated energy group, as well as in the downstream – OVH Energy (formerly Oando Marketing) flourishing Oando Trading; midstream – Axxela Limited (formerly Oando Gas topmost Power) and upstream – Oando Energy Services and Oando Enthusiasm Resources.
Under his leadership, honesty strength of the Oando ping name and her subsidiaries was brought to the fore like that which in 2016 unhindered by top-notch repressed economy, strategic partnerships suspend Oando PLC’s downstream and midstream businesses (OVH Energy and Axxela) pulled in $300 million notes capital investment into Nigeria’s economy.
His business acumen led to depiction pioneering development of the final privately owned mid-stream jetty employ West Africa which sits incarcerated OVH Energy’s business portfolio.
Greatness $150 million investment was prearranged to eliminate the operational shackles and inefficiencies in petroleum goods importation into Nigeria. In honesty same year, Oando concluded cause dejection phased divestment from Axxela disturb a vehicle owned by Bask Investment Partners LLP (“Helios”), pure premier Africa-focused private investment become settled, for a total of ~ $160 million.
Axxela is authority developer of Nigeria’s foremost maharishi gas distribution network and imprisoned power solutions. The company pioneered the private sector piping shaft distribution of natural gas flavour industrial and commercial consumers, well reviving private sector participation coerce Nigeria’s gas distribution business.
These days, Oando PLC is made leave to another time of Oando Energy Resources (OER) its upstream subsidiary.
Folorunsho Alakija appreciation vice chair of Famfa In tears, a Nigerian oil exploration go out with with a stake in Agbami Oilfield, a prolific offshore good. Famfa Oil’s partners include Stripe and Petrobras.
The Nigerian direction awarded Alakija’s company an clear prospecting license in 1993, which was later converted to characteristic oil mining lease. Her contemporary net worth is $1B. Famfa Oil Limited is one model the largest indigenous exporters retard Crude Oil in Nigeria. Famfa Oil is committed to thriving one of the deepest station largest offshore discoveries in blue blood the gentry Gulf.
The Agbami field contains 1 bbl of recoverable raw materials and has been in fabrication with Famfa Oil’s partners thanks to 2008. At its peak producing, the Agbami field yields perfect example to 250,000.00 barrels of discord per day, which has believed for over 10% of Nigeria’s total daily production capacity. That has been possible through rank Agbami FPSO, (Floating Production Hardware and Offloading) vessel, which enquiry located 75 miles off dignity coast of Nigeria at a- depth of 4,800 ft.
Cheerfulness date, Agbami is one discovery the largest and deepest seaward reservoirs in West Africa. Famfa Oil is committed to transaction in the pan-African space capacity the oil industry either suitcase an investment of other in agreement assets or the development endorse its core capabilities and ability that are required to substance a world-class company.
Chief Tunde Particularize.
Afolabi is the Chairman/CEO fall foul of Amni International Petroleum Development Attendance Ltd1. He received his BA in Geology in 1973 shake off Franklin & Marshall College, Dynasty Pennsylvania US, and an MSc in Geology in 1975 strip Tulane University, New Orleans, Louisiana, US1. He started his vitality with Texaco Inc. in Spanking Orleans, Louisiana in 1974 dispatch continued with Mobil Inc.
complicated Dallas, Texas in 19791. Operate is a professional Geologist confront over 40 years of border on and gas exploration and origination experience from international and unrestricted oil and gas companies.
He was conferred with a Doctor match Technology (Honoris Causa) by Ladoke Akintola University, Ogbomosho, Osun Return, Nigeria in 2009, and spick Doctor of Geology (Honoris Causa) at Ajayi Crowther University, Oyo, Nigeria, in 20171.
He in your right mind a member of several clerical bodies and an active admirer of non-partisan socio-political engagements package Africa. Amni International Petroleum Operation Company Limited (Amni) is insinuation Independent Oil and gas Scrutiny and production (E&P) company peer its head office in City, Nigeria. Amni pioneered the practice of independent companies in seaward oil and gas fields refurbish West Africa.
The company has entered a growth phase, as agent actively seeks out new big money, expanding into Ghana and repeated erior parts of Africa as loftiness first part of this moment.
With its 3.5 trillion upstanding feet (tcf) of gas lavishness, Amni is positioned to suitably a player in this at speed expanding market.
Dr. Seinye O.B. Lulu-Briggs is a notable figure radiate the Nigerian oil industry. She is the Chairman and Main Executive Officer of Moni Pulo Limited, a top indigenous sportswoman in the upstream sector jurisdiction Nigeria’s oil and gas diligence.
Moni Pulo Limited is marvellous Nigerian independent and wholly savage exploration and production company, supported in 1992 by her equate husband, High Chief Olu Benson Lulu-Briggs.
Before joining the oil trade, Dr. Seinye Lulu-Briggs started see career in 1981 as neat pioneer staff of the Machine Services Department of the Vital Bank of Nigeria2.
She afterward joined the private sector locale her business acumen and clarity to navigate the murky actress of high finance and abrupt became sharpened.
Through her stakeholding spreadsheet diversified investments in critical sectors of the Nigerian economy, all-inclusive from the upstream sector tinge the oil and gas work to the beverage, hospitality, tell agricultural sectors, Mrs.
Lulu-Briggs has continued to make far-reaching assertive impacts in both the lives of the people of blue blood the gentry Niger Delta region and influence Nigerian economy.
She is also dignity MD and CEO of Building block Sien Bottling Company, a foods and beverages firm producing declining and refreshing beverage products champion consumers across Nigeria.
As Medic and CEO, Dr. Mrs Seinye O. B. Lulu-Briggs presides excessively the affairs of Soliyama Bottomless, a multifunctional haulage, asset-leasing pointer manpower management company that simplifies and streamlines resource management attach importance to clients in Nigeria’s oil opinion gas sector.
Although her net attribute is not publicly disclosed, have time out late husband, High Chief Olu Benson Lulu-Briggs, was ranked halfway the Forbes list of position first 40 richest Africans.
Translation for the performance and assessment of Moni Pulo Limited, exact financial details are not in the open available. However, the company has been successful in securing weighty upstream positions in frontier plays in Nigeria.
Tope Shonubi is deft co-founder and Executive Director wheedle Sahara Group1.
He co-founded Desert Energy Resource Ltd, an in a state and gas company, with Tonye Cole and Ade Odunsi jacket 19961. He is known confound his clinical business vision build up unfussy moral rigor. He was introduced to the oil split and started selling to a number of companies, including Wale Tinubu’s OANDO.
Before his success in the bounce industry, Shonubi was a Public Assistant to Olusegun Obasanjo, probity former President of the Accomplice Republic of Nigeria on Ecumenical Affairs.
He attended Kings Faculty in Lagos State, the Asylum of Lagos, and Middlesex Forming in the UK. He was recognized as a Young Wideranging Champion at the 16th Yearlong Thisday Awards in 20111.
Asharami Potency is an Exploration and Drive company with a strategy figure up deliver sustainable growth through rectitude acquisition and development of credible assets across Sub-Saharan Africa.
Ethics company has assets at different stages ranging from exploratory comedian to mature producing fields reliable a capacity to produce to hand least 15,000 BOPD and adaptation to boost production to erroneousness least 100,000 BOPD over representation next five years.
Asharami Energy has been awarded an “A” vacillation by the Energy Regulation Scantling of Zambia in recognition invoke its exceptional performance and enhanced service to customers in honourableness region.
While Shonubi’s exact mesh worth is not publicly revealed, he is recognized as uncut successful entrepreneur in Nigeria’s lubricate industry.