Nigeria’s
Igho Sanomi as`Africa’s Youngest Billionaire - July 27, 2014
At age 39, Igho
Charles Sanomi II made history as the youngest billionaire from Africa.
His official biography:
“Igho Charles
Sanomi II was born in 1975 in Agbor Delta State, Nigeria, the fifth child (and
first son) of a devout Catholic family.
His father, the
late Dickens Oghenereumu Patrick Sanomi hailed from Delta State Nigeria and was
a retired Assistant Inspector General of the Nigerian Police.
He is the young,
dynamic founder and Chief Executive Officer of the Taleveras Group, an
internationally recognized energy and power conglomerate with offices in
London, Geneva, Cape Town, Dubai, the Ivory Coast, Abuja and Lagos.
Breakthru Nigeria - Telling Nigeria’s Success
stories.
He also acts as
Chairman or Co-chair on the boards of companies with interests as diverse as
construction, telecommunications, shipping, aviation and real estate. Mr
Sanomi’s mother, Mabel Iyabo Sanomi holds a Royal title of Yeye Jemo of Isotun
Ijesha Kingdom in Osun State. She was a renowned nurse and medical entrepreneur
from Osun State in South Western Nigeria.
Mr Sanomi
entered the world of business shortly after completing his Bachelor’s Degree in
Geology and Mining at the University of Jos in Northern Nigeria. He rose
quickly to the position of Executive Director with Sarian Oil and Cosmos Oil
AG, an international Oil Trading Company with its core activities in West
Africa.
During his time
in this role he single handedly developed the company’s trading operations by
negotiating the export and delivery of fuel oils from West Africa to the United
States Gulf Coast. He also developed a strategic alliance with a major
international oil trading group based in Zug, Switzerland.
This partnership
oversaw the import and export of millions of tons of refined petroleum products
to and from the West African coast.
In the power
sector, Taleveras Group is working in partnership with Nigeria’s Federal
Capital Development Authority on the construction of several electrical
substations. Additional substations are also under construction in the Niger
Delta region as part of the National Integrated Power Project. In 2010 the
Taleveras Group coordinated a number of well known power industry suppliers to
construct an 185MW power station and distribution substation.
Breakthru Nigeria - Telling Nigeria’s Success
stories.
The second phase
of this project, involving the delivery of a further 200MW capacity is
currently in progress. Most recently, the Taleveras Group lead a consortium
that acquired a majority stake in the Port Harcourt Electricity Distribution
company via a process of competitive tender. This company will be responsible
for the distribution of more than 2,000MW of power in River State, Nigeria.
As the driving
force behind the Taleveras Group, Mr Sanomi has been instrumental in the
expansion and diversification of the company’s operations. Annually, the
Taleveras Group trades hundreds of millions of crude oil barrels and millions
of tons of fuel oil, jet fuel, gasoline, condensates and liquefied petroleum
gas.
The company’s
oil exploration and recovery activities include the acquisition of production
sharing contracts (PSCs) for three offshore oil blocks in Ivory Coast and
rights to a further two oil blocks in Nigeria.”
[Biography
credit: Igho Charle’s site]
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and promoting the successes of Nigeria and Nigerians.
Celebrating
the heroes and heroines of our nation.
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