as the youngest billionaire from Africa.
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 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.
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.
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