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The richest people in Nigeria & their worth – See who is number 1 (+Photos)

4. Theophilus Danjuma

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Net Worth: $1.1 Billion

Rank IN Nigeria: #4

Rank In Arica: #21 (#29 in 2013)

Theophilus Danjuma, a former Nigerian defense minister, is the founder and owner of South Atlantic Petroleum (SAPETRO).

It owns a 15% stake in the Akpo deepwater oil field alongside operator Total and China’s CNOOC.

He also owns a stake in Notore Chemical Industries, a manufacturer of urea fertilizer, as well as a stake in NALComet, one of Nigeria’s largest shipping companies.

His net worth has risen since last year due to more detailed information about SAPETRO’s assets.

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5 Comments
  1. Halima says

    Nigeria is a rich nation!! With all these prominent Nigerians our world can be better with proper utilization..

  2. kachi says

    Where is ABC Orjiako?

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