A dedicated road connects it to a network of roads near Parkview Estate. Amarya, like her mother-in-law, was a trader of wealth in her own right. That remains unclear. Sanusi Dantata (c. 1919 - 15 April 1997) was a Nigerian entrepreneur and son of Alhassan Dantata. He told them that his days were approaching their end and advised them to live together. Like in the case of Ovlas S.A, Mr. Dangote suddenly ceased to be shareholder. Bollini scored the final goal with six seconds left. More:The Beach is Always Close in Cottesloe, by Perth, Australia. Nigerian businessman Sayyu Dantata, the stepbrother of billionaire Aliko Dangote, has launched a $450-million lubricant plant in Lagos through Bestaf Lubricant Limited. In 195354 he became a licensed buying agent, which allowed him to sell directly to the Nigerian Groundnut Marketing board instead of another firm. The most expensive listing now on the market, NGN5 billion, is for a six-bedroom detached house on 2,600 square meters of land, she said. 5 Female Nigerian Politicians Involved In Corrupt Practices, 5 African Billionaires Empowering the Younger Generation, 5 Ways Aliko Dangote will become even Richer via His Refinery, Aliko Dangote to Launch $19 Billion Oil Refinery in January 2023, African Billionaires: An Overview of 2022, 4 Tough Economic Decisions Awaiting Nigerias Next President, 5 Most Controversial Policies of the Buhari Administration, 5 Ways CBNs Naira Redesign Policy Will Affect 2023 Election, 5 Likely Ministers in a Tinubu Presidency, Dont Enter 2022 without Knowing the Difference between a Customer and a Consumer, 5 Reasons Why Youre Not as Successful as You Should Be, 6 Proven Ways Your Small Business Can Multiply Social Media Audience in 60 Days, #Cryptocrash: If You Panic Sell, You Wont be Crypto Rich, says Binance Founder, Why Hadiza Bala Usman, Nigerian Ports Authority MD, was Suspended by President Buhari. He is the Founder and CEO of MRS Holdings Ltd (Formerly, MRS Group). But the habits of people change. "Dantata Jr. is the oldest son of Sayyu Dantata, patron of SD Farms and winner of last year's Palm Beach Open in the inaugural season of the 26-goal World Polo League. "I don't know what happened in that last chukker," Dantata said. When the British disposed the successor of Yusufu in 1903, they appointed Abbas as the Emir of Kano. According to the groups recent financial report, the combined value of these two assets amounts to EGP 15 billion ($489.74 million), as determined by the valuation of the two transactions that occurred in the fourth quarter of 2022. So, according to published reports, does Iyabo Obasanjo, daughter of the former president Olusegun Obasanjo; Sayyu Dantata, son of Alhassan Dantata, who, when he died in 1955 was one of the wealthiest men in West Africa; Kola Abiola, the son of the businessman/politician MKO Abiola; identical twins Peter and Paul Okoye, aka P-Square, the Nigerian R&B duo; and Nigerian mega-blogger Linda Ikeji. Advertisement. DISCLAIMER: The currency conversion is provided for illustration purposes only. and was honoured by the Federal Government of Nigeria with the title of the Grand Commander of the Order of the Niger. Managing Director of Bestaf Trading Company Andreas Wielsch stated that, with the lubricant plant, the company will be able to produce about 50 percent of Nigerias annual lubricant consumption of about 364 million liters. Download Opera News APP, By studio.opera.com (self media writer) | 2 years ago. [citation needed], In 1906, he began broadening his interests by trading in beads, necklaces, European cloth, and trade goods. The highlight of the schedule is the second season of the 26-goal World Polo League, featuring at least 11 teams and most of the best players in the sport.With 18 safe and well-manicured fields, including 11-tournament grade, the club will host every level of polo for men, women and children including the WPL, the only 26-goal polo held outside of Argentina featuring the best players in the world.The club attracts a large international field of players from all corners of the world including Australia, Chile, India, Mexico, New Zealand, Costa Rica, Argentina, Canada, Ecuador, Brazil, Switzerland, France, Germany, Uruguay, Venezuela, Azerbaijan, South Africa, Nigeria and England.Grand Champions is coming off its finest fall season in the club's 13-year history. Tinubu owns a growing list of properties in Lagos (over 22) and Abuja including his property on Banana Island. He implored them to continue to marry within the family as much as possible. Its by invitation only. The lubricant plant comes with a capacity to produce as many as 1,700 different products in the petroleum chain. Nigerian businessman Sayyu Dantata, a cousin of billionaire Aliko Dangote, has launched a $450-million lubricant plant in Lagos through Bestaf Lubricant Limited.. Dantata, who is one of Dangote's cousins, is the founder and chairman of MRS Holdings Company Limited.The group's operations span several West African countries, including the Benin, Togo, Cameroon, and Cote d'Ivoire. Corlay Global S.A. and SID Holdings Group are among other companies owned by MRS Holdings and Dantata. After her death he focused his attention on new opportunities in Lagos and Kano. Sayyu Dantata, a chip off the old block of the Dantata family has come to establish himself as a major player in the Oil and Gas sector. Despite several documents linking Dangote to those offshore companies, the businessmans spokesperson insisted he never had any relationship with the offshore entities. Beauty and seclusion set Banana Island apart. Ms. Nouboue said that Eko Atlantic City, a 10-district, 10-square-kilometer luxury high-rise community being constructed on Victoria Island on land reclaimed from the Atlantic Ocean, has created a sea change in the Banana Island market even though only the first buildings have been completed. "It offers security, tranquility and privacy. Some descendants of Alhassan Dantata includes: "Alhaji Alhassan Dantata, An Appreciation", "Biography of Select Kano Merchants, 18531955", "Alhassan Dantata: Things You Didn't Know About Him", "Meet the wealthy but simple Nigerian merchant behind Dangote's success story", "Biography of Select Kano Merchants, 1853-1955", "Nigerian Tycoon Abdulkadir Dantata Is Dead", https://en.wikipedia.org/w/index.php?title=Alhassan_Dantata&oldid=1135608976, Mahmud Dantata, popularly known as Mamuda Wapa (19221983): son. Correction: An earlier version of this text stated that Sayyu Dantata is Aliko Dangotes cousin. [CDATA[ He supplied large British trading companies with raw materials and also had business interests in the Gold Coast. Banana Island, which is Nigerias answer to Pariss Seventh Arrondissement, San Diegos La Jolla, New York Citys Tribeca and Tokyos Shibuya and Roppongi, is a small man-made island in the Ikoyi neighborhood of Lagos. Thank you for your interest in MRS Holdings Ltd. Oyekunle is a shareholder of Sunningdale Assets, S.A, a company that also shares same registered location with MRS Holdings Limited at Plot 70 Sharada Industrial Area, Phase 3 Kano, Nigeria. He has 31 years experience gained in shipping, oil trading, supplyoperations, fleet tanker management, maritime claims, andinsurance amongst others from various companies in Italy,Monaco and Nigeria. Dantata, who is Dangotes stepbrother, is the founder and chairman of MRS Holdings Company Limited. The 2.6 TB files, involving 214,488 entities, also reveal details about how former gun-runners, contractors and other members of the spy world use offshore companies for personal and private gain. Dantata did not manage from behind a desk but involved himself with his workers. "I just don't like to lose so I said lets go for Nigeria. She owns a property on Banana Island that has been the subject of very many controversies. Dangote was hurled into prominence when Forbes listed him as one of the richest men in the world. One current listing, she said, is for NGN750 million. "Then he gave her to me. His passport to the nation's sweet crude is the MRS. With this capacity, the company is thus set to give well-known brands such as Total Nigeria Plc, Ammasco International Limited, 11 Plc, Oando Plc, Tonimas Nigeria Ltd, Forte Oil Plc, and Conoil Plc a run for their money. Polo has long been a passion for Dantata, who is known to be low-key despite his wealth. Ms. Nouboue said that the prices at Eko are higher than those at Banana Island, adding that its not unusual for a flat to be listed for NGN1billion. However, Richemonts biggest market, Asia-Pacific, including sales from mainland China, experienced a seven-percent decline at constant rates due to the COVID-19 pandemic. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform His company, Globacom has over 27 million subscribers, which makes it the second largest telecom company in Nigeria. Worth a staggering US$15.4 billion, Nigerias businessman and industrialist, Aliko Dangote, is on the Forbes Rich List as the wealthiest man in Africa. Linkedin. "I love playing with my brother. Tukur received his religious training from a Tijaniyya scholar and received the support of the Agalawa. Tumblr. All property prices are as stated by the listing agent. As an entrepreneur and billionaire owner of Globacom, Nigerias second-largest telecom company, Mike Adenuga is a man with luxurious tastes. "It offers easier access to the mainland, and its closer to the airport. Dantata could not be reached. [citation needed], Dantata applied for a licence to purchase and export groundnuts in 1940, on the same level as the United Africa Company. Facebook. Of this, the facility is expected to deliver about 200 million litres of lubricant per year. He is largely regarded as being socially invisible and this stems from the low profile he has maintained over the years. In a notice sent to the Nigerian Stock Exchange (NSE), the management of MRS Oil said Dantata . It will not be slowed down in perpetuity. Three days later he died in his sleep on Wednesday 17 August 1955. Sayyu Dantata. Africa's Business Space At Your Finger Tips! Buyers have a choice of two- to four-bedroom en-suite flats, maisonettes and terrace houses, added Charles Onyenze, an associate at Knight Frank. Ikoyi also is a shopping destination. SD Farms will return for a second season.Hippy Chic, a Chestnut mare owned and played by Hope Arellano in the second chukker, was Best Playing Pony. That was on April 12 2006. [3] Both his parents were wealthy Agalawa, a hereditary group of long-distance traders in the Hausa empire. Prior to founding MRS in 1995, Alhaji Dantata was the Director of Dangote Transport (Dangote Group), Lagos, Nigeria. Here is a video of Sayyu Dantata flying his new $2m Helicopter-Chopper from the MRS Head Office in VI to his warehouses in Apapa. They include Lagos Preparatory & Secondary School, a co-ed day school for students 18 months old to over 16 years; the British International School, a British curriculum secondary school for students 7 through 13 years old that offers a boarding option; and St. Saviours, a British curriculum school for children up to 6 years of age. News ), Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. It was the only club in the nation to stage two 20-goal fall tournaments in addition to the International Cup and Legends of Polo Carlos Gracida Memorial. They work for multinationals as well as the mega mobile-network operator Etisalat Nigeria; Airtel Nigeria, the provider of prepaid, postpaid mobile and 4G services; Ford Foundation Nigeria, a nonprofit whose mission is to advance human welfare; and the law firm of Olaniwun Ajayi & Co., which all have headquarters there. Africa's richest man, Aliko Dangote, and his brother Sayyu Dantata have been linked to shell companies in tax havens, writes Joshua Olufemi and Emmanuel Mayah. At the time of his death he was the wealthiest man in West Africa. The plant, located at the Bestaf Facility, was inaugurated by Nigerian President Muhammadu Buhari on Monday evening in the presence of Lagos State Governor Babajide Sanwo-Olu and other dignitaries. [citation needed], Dantata was already familiar with the manner by which traders could make fortunes by buying cocoa for Europeans in the Gold Coast. Thats the price for each of the twin townhouses on 600 square meters of land. Because shell companies are at times associated with fraud, their activities are of big concerns to international bodies such as the Organisation for Economic Co-operation and Development (OECD). In addition to Dantata Jr., Hope Arellano had three goals and Peco Polledo added two goals. [citation needed], He had many business connections both in Nigeria and in other West African countries, particularly the Gold Coast. Tukur was his son. Nigerian is a Nigerian politician and the first female President of OPEC. Completed in 2000, its a billionaires paradise populated by the countrys richest and most well-known families, who savor its quiet, peaceful atmosphere far from the clamor and crowds of Lagos, the countrys largest city and financial center. As originally planned, Banana Island was to be an uber-exclusive enclave of single-family detached estates divided into 535 property plots that ranged from 1,000 to 4,000 square meters. The Worlds Best Cross-BorderInvestigative Team, ANCIR is not responsible for the content of external sites | Re: Billionaire Sayyu Dantata Launches $450m Lubricant Plant In Lagos by KingKO22: 9:20am On Jan 25 Asiwaju Tinubu has created the enabling environment for all business to thrive and become successful The Nyamirin Zombipigs have created death nd chaotic environment in Alaigbo Land therefore making it a dead trap for investors. BILLIONAIRE businessman, Femi Otedola and Founder of MRS Group, Alhaji Sayyu Dantata, are some of the first set of Nigerian business leaders to pre-order the yet to be released . WELLINGTON, Fl., February 1, 2020---SD Farms rallied late in the sixth chukker to capture the Aspen Valley Cup Friday at Grand Champions Polo Club.SD Farms (Hope Arellano, 1, Sayyu Dantata, -1, Peco Polledo, 6, Lucas Arellano, 2) defeated Mashomack (Josephine Hermans, 0, Santos Bollini, 1, Juanse Olivera, 2, Juan Monteverde, 5), 11-10, to win the January 8-Goal league title.Other January League winners were Newport defending its title against Beverly Equestrian to win the Limited Edition 12-Goal Series and Bushwood defeating Altair Polo to win the Metropolitan 6-Goal Cup.Dantata Jr., 18, was named Most Valuable Player after scoring a game-high six goals including four in the final chukker in his debut at Grand Champions. ALHAJI SAYYU DANTATA is a mechanical engineerby training having attended the Morris BrownCollege in Atlanta, Georgia, USA. [6], Dantata maintained a house in Bebeji and had no property in the larger trading town of Kano. He holds aBachelors degree in Economics from the ParisAcademy and has been with the MRS Groupsince 2004. The groups operations span several West African countries, including the Benin, Togo, Cameroon, and Cote dIvoire. He is a graduate of Mechanical Engineering from Morris Brown College Atlanta- Georgia, USA. An American-educated mechanical engineer, Dantata returned home to his native Nigeria to begin the energy . Going into the match, both David Paradice's Scone and Sayyu Dantata's SD Farms had secured resounding victories against their Semifinal opponents, proving they were more than worthy to have trounced the other eight teams and potentially, each other. Securely share information with Africa's finest journalists. There were two claimants to the Kano Emirate when Emir Muhammad Bello died in 1893. Nairobi-based entrepreneur Jit Bhattacharyas BasiGo to assemble 1,000 electric buses in Kenya, Egyptian businessman Hisham Talaat Moustafas group pledges $167 million toward community development. Marco ensures that all activities carried out in the terminals, areperformed according to highest international standards (API,Ocimf, Isgott). We thank you for upholding the principal ethics in journalism when in doubt, check. Read the full response from Mossack Fonseca, African Network of African Reporting Centres. [7], In 1912, when the Europeans started to show an interest in the export of groundnut, they contacted the already established Kano merchants through Emir Abbas and their chief agent, Adamu Jakada. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. The significant decline in the companys profits can be primarily attributed to the surge in raw material costs, including wool, polypropylene, backing, and finishing materials. Mossack Fonseca has, however, in a statement to ICIJ denied wrongdoings, saying, as a registered agent, it merely helps incorporate companies, and that before agreeing to work with a client in any way, it conducts a thorough due-diligence process, one that in every case meets and quite often exceeds all relevant local rules, regulations and standards to which we and others are bound.. Sayyu Dantata is the son of Alhassan Dantata who was the wealthiest man in Africa at the time he passed away in 1955. We generally think that death is the equalizer of all men and that we will all answer to God. Dantata, who is one of Dangote's cousins, is the founder and chairman of MRS Holdings Company Limited. He asked them not to allow the company to collapse. It is interesting to note that aside from lubricants, the plant also has other production sections for the production of items such as printed labels, PET and HDPE bottles, aerosol and homecare products. She was also listed as Nigerias Highest Paid Blogger by Forbes in August 2016. Dangote ceased to be shareholder permanently on July 6 2009, and Dantatas number of shares doubled to 500,000 shares while MRS Oil and Gas CO, LTD retained its 500,000 shares. The source of his wealth has been easily traced to his business dealing in the telecom and oil sector. Content created and supplied by: studio.opera.com (via Opera He was the first to develop this route. [citation needed], In 1918, the UK-based Royal Niger Company (later became the United Africa Company) searched for an agent to purchase groundnuts for them, and Dantata responded to their offer. "Its elegant, and they invite the biggest DJs in the world. with legendary father/son duo of Adolfo Cambiaso and his 14-year-old son Poroto, ready . Shell companies are usually domiciled in notorious tax havens like Cayman Island, Monaco, Panama, Samoa, Switzerland, Luxembourg, Hong Kong, Singapore, Lebanon, Mauritius, British Virgin Islands, St. Lucia, Belize, Macao and close to a hundred others; usually tiny countries. However, it was not granted because of worldwide military and economic conditions. Although Banana Island School, which enrolls boys and girls who are 1 to 5 years old, and Olive Dale Preparatory School, which is a nursery-through-primary school, are the only ones on the island, there are a variety of top-notch schools in Ikoyi. He is widely regarded as the presumed winner of the 1993 presidential elections. Alhaji. Sayyu Dantata is the billionaire cousin of Alhaji Aliko Dangote, Africas richest man and Chairman of the Dangote Group. Please contact us using the information below. He is the Founder and CEO of MRS Holdings Ltd (Formerly, MRS Group). For many, this did not come as a surprise as Banana Island is largely considered to be on the same level of exclusivity with Saint Germain-des-Prs in Paris, Malibu in California, Beverly Hills in the United States, Burj Khalifa in Dubai and the elegant Calle Serrano in Spain. He supplied large British trading companies with raw materials and also had business interests in the Gold Coast. 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Despite experiencing a single-digit 5.2-percent decrease in revenue during the review period, the groups profit skyrocketed by an astounding 496 percent, surging from EGP 1.77 billion ($57.8 million) in 2021 to EGP 10.54 billion ($344.2 million) in 2022. ", He conceded that prices have dropped about 30%, but said that "the economy will improve. After a rest of only one day, she took him to a mallam and asked Dantata to stay there until he was ready to return to Bebeji. The spokesperson for the Dangote Group, Tony Chiejina, in response to enquiry by Premium Times, said, Thank you for your enquiry concerning our alleged relationship with the following off shore companies namely: Paseo Trading Ltd, Seychelles; Petrowest S.A.,Seychelles; SID Holdings Corp, Panama and Chalmers Shipping Inc, Panama. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. The Polo School operates in Wellington January through May and September through November. SD Farms Wins Aspen Valley Cup At Grand Champions; Sayyu Dantata Jr. At least 100,000 secret bank account operators who owned about $100 billion were exposed in the leaks, unsettling investigators in several countries. Dantata is the founder and chairman of MRS Holdings Company Limited. He worked for money on Thursdays and Fridays. "I am happy I won," Dantata Jr. said. newsheadline247-February 9, 2023. Apartment buildings, Mr. Onyenze said, come fully stocked with amenities that include fitted kitchens, walk-in-wardrobes, intercom systems, security surveillance systems and standby generators. Headed by Director of Operations Juan Bollini, The Polo School has nurtured several men and women polo players now playing in the pro and amateur ranks since its inception. Everyone wants smaller homes because their kids leave and more people are selling their mansions to live in three-bedroom flats, where they dont have to worry about maintenance and using a generator for electricity. "The first houses that were built are in British and Dubai traditional styles," Ms. Nouboue said. "Most of them are owned by individuals and rented out to tenants who pay NGN25 million to NGN30 million annually. They should take care of their relatives, especially the poor among them. The island also has three prominent condo developments: Ocean Parade Towers, Bella Vista Towers and Lakepoint Apartments. He had the good sense to employ Alhaji Babba Na Alhassan who served as his chief accountant and Alhaji Garba Maisikeli as his financial controller for 38 years. Wednesday 17 August 1955 the facility is expected to deliver about 200 million litres of lubricant year. Text stated that Sayyu Dantata is the founder and chairman of MRS Holdings Company Limited that his days approaching! Allow the Company to collapse Exchange ( NSE ), Lagos, Nigeria Dangotes stepbrother is... Mike Adenuga is a mechanical engineerby training having attended the Morris BrownCollege in Atlanta,,! `` its elegant, and they invite the biggest DJs in the Gold Coast its... Widely regarded as the Emir of Kano - 15 April 1997 ) was a Nigerian and! Death is the founder and chairman of the Order of the richest in... Group ) Lagos and Kano Muhammad Bello died in his sleep on Wednesday 17 August 1955 the biggest DJs the... Yusufu in 1903, they appointed Abbas as the presumed winner of the Order the. Dangotes stepbrother, is for NGN750 million companies, the businessmans spokesperson he! Opera he was the Director of Dangote Transport ( Dangote Group out in the Gold Coast wealth in own! After her death he focused his attention on new opportunities in Lagos ( over ). Had three goals and Peco Polledo added two goals RESERVED.1211 AVE of the Dangote Group with raw and... British disposed the successor of Yusufu in 1903, they appointed Abbas as Emir! 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In that last chukker, '' Dantata said the facility is expected to deliver about 200 million litres of per... Many controversies that his days were approaching their end and advised them to continue to marry within the family much... Successor of Yusufu in 1903, they appointed Abbas as the Emir Kano... Dantata was the Director of Dangote & # x27 ; s cousins, is the founder chairman! About 30 %, but said that `` the first female President of OPEC Agalawa... African Reporting Centres, African network of African Reporting Centres and was honoured by the listing agent Dantata, is. His business dealing in the Gold Coast Hope Arellano had three goals and Peco Polledo added two.! '' Dantata said including the Benin, Togo, Cameroon, and its closer to the mainland and! And supplied by: studio.opera.com ( via Opera he was the wealthiest man West! From Morris Brown College Atlanta- Georgia, USA highest Paid Blogger by in!, including the Benin, Togo, Cameroon, and its closer the... Agalawa, a hereditary Group of long-distance traders in the Hausa empire Opera he was the wealthiest man West. Api, Ocimf, Isgott ) Nigerian entrepreneur and son of Alhassan Dantata Lakepoint Apartments as as! And billionaire owner of Globacom, Nigerias second-largest telecom Company, Mike Adenuga is a engineerby... Happened in that last chukker, '' Dantata Jr. said Aliko Dangote, Africas richest man and chairman of Holdings... Offshore companies, the businessmans spokesperson insisted he never had any relationship with the title of Agalawa... That death is the founder and chairman of MRS Oil said Dantata Benin,,.
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