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I did a post last week on Igho Sanomi who is about to snap up Shell's prolific oil well at 2. 5 Billions Dollars and Nigerians who are not familiar with the name started asking question: Who is his father? How come he made so much money at the age of 39? Is he fronting for a politician?
In order to answer the questions, I went to work and was able to unravel some piece of Information about the young dude who works hard and play hard too
Here’s a look into who the media-shy money entrepreneur and philanthropist is.
Sanomi is the Founder/CEO of Taleveras Group and Chairman, Dickens Sanomi Foundation, born On 17 May 1975, in Agbor Delta State, the late Dickens Patrick Sanomi, retired Assistant Inspector General of the Nigerian Police and Mabel Iyabo Sanomi, Yeye Jemo of Isotun Ijesha Kingdom, Osun State, welcomed their fifth child (and first son).
Shortly, after completing his Bachelor’s Degree in Geology and Mining from the University of Jos in Northern Nigeria, Sanomi went into the business world, where he rose quickly to the position of Executive Director with Sarian Oil and Cosmos Oil AG, Cosmos Oil AG; an international Oil Trading Company with its core activities in West Africa.
He was credited to have, as the Executive Director of the company; 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. It was said on his website, that the billionaire, while working for the company, “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 2004, Sanomi founded the Taleveras Group, of which he is currently the CEO. Some have said his decision to become an entrepreneur may have been influenced by his mother, who was a renowned medical entrepreneur. Deciding to pursue his entrepreneurial dreams, he merged all of his business activities into one and founded a company with a vision and drive to become “a leading Global Energy & Service Company,” with offices in London, Geneva, Cape Town, Dubai, Ivory Coast, Abuja and Lagos.
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.
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.
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. 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.
In his role as CEO, Mr Sanomi ensures that the Taleveras Group is always focused on activities that deliver social and economic benefits to the regions where they take place. Thanks to his strong leadership the Taleveras Group shares Mr Sanomi’s personal ideals of ethical conduct, humanitarianism and environmental sustainability.
Forbes had it that the company “trades over 100 million barrels of crude oil as well as several million tons of gasoline, LPG and jet fuel. In April 2012, Taleveras acquired production sharing contracts (PSCs) for three offshore oil blocks in Ivory Coast.
In June 2013, Taleveras sold a 65 per cent stake in one of its Ivorian offshore upstream projects to Lukoil of Russia for an undisclosed price. Taleveras also owns a stake in a power distribution firm in Nigeria.”
Sanomi is also Chairman of the Dickens Sanomi Foundation, a non-profit charitable organisation which he founded in memory of his late father.
He also sits as Chairman and co-Chairman of various companies Board of Directors, which he founded or co-founded. These companies’ activities span from telecoms to shipping, aviation and real estate investments, worldwide.
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