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WOW! Meet Nigerian Man Igho Sanomi Emerges Africa’s Youngest Billionaire..

At age 39, Igho Charles
Sanomi II has made history as
the youngest billionaire from

He hailed from Agbor area of
Delta state. He owns
businesses in oil and power
sector and also has his own
private jet.

Here is 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.

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

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,
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.

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

[Biography credit: Igho
Charle's site]

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Posted By KellyChi On 01:49 Mon, 28 Jul 2014

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