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Meet the 3 youngest Nigerian billionaires – #1 is the biggest boy in Lagos Island (With Pictures)

3. Igho Sanomi

The 40-year-old Igho Sanomi is the founder and CEO of Taleveras Group, a Nigerian energy, power and construction conglomerate. He was born in Delta State to a devout catholic father who was a retired Assistant Inspector General of the Nigerian Police. Mr Sanomi’s mother, Mabel Iyabo Sanomi holds a Royal title of Yeye Jemo of Isotun Ijesha Kingdom in Osun State. Taleveras is arguably one of Africa’s largest energy trading companies, trading close to a billion barrels of crude oil and millions of tons of condensates, gasoline, jet fuel and LPG every year.

Taleveras also owns substantial stakes in two oil blocks in Nigeria as well as lucrative production sharing contracts (PSCs) in three offshore oil blocks in Ivory Coast. The group Power subsidiary constructs electrical substations in Nigeria and also owns a majority stake in the Port Harcourt Electricity Distribution Company.

The towering conglomerate has an annual turnover of several billions of dollars. Igho Sanomi is the controlling shareholder of the group. At 40, Mr Sanomi is arguably one of the youngest kings of oil and gas Nigeria has ever seen.

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