Alhaji Dantata is a mechanical Engineer. Prior to founding MRS in 1995, Alhaji Dantata was the Director of Dangote Transport (Dangote Group), Lagos, Nigeria. 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MRS is a non-discriminatory, equal employer, providing gender equal opportunities and remuneration that is competitive within the industry. She survived an assassination attempt in 2003 and is known for her political ambition and affiliations. . He had his education at the Morris Brown College in Atlanta-Georgia, United States of America. has changed its name and is now incorporated under the name of PETROWEST S.A. on this 27 day of April 2011. Central Bank of Nigeria March 25, 2022. Biggest asset: $12.1 billion (market cap) Dangote Cement. 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Sayyu Dantata served as a Director at MRS Holdings Ltd (then MRS Group). Business career [ edit] Some of those named in that global investigation were found to have concealed their identities for years and using codes perhaps to shake off tax authorities from accounts, some of which held illicit assets from criminals, traffickers, arms dealers and other outlaws. The billionaire recently launched Bestaf Lubricant Plant, a subsidiary of MRS Group. 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All Rights Reserved. Prior to establishing the MRS Group, Sayyu had worked with the Dangote Group as director of the engineering and transport division. He has been a Non-Executive Director of Nigerian TelecommunicationsLimited since 2008. Scholarships are available. Nigeria currently consumes about 250 million litres of engine oil per year, and this consumption grows by more than five percent every year due to the addition of new vehicles and machinery. He is the Founder and CEO of MRS Holdings Ltd (Formerly, MRS Group). He is the Director of Hydro Alternative Energy Incorporated. 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. Omokolade Ajayi is a financial reporter at Billionaires.Africa. NEXT: 5 Female Nigerian Politicians Involved In Corrupt Practices, Aliko Dangote, a poster boy for Africas undeniably successful businesses, is one of, The Board of Director of Medview Airline Plc has resolved to engage in lease . He then started buying diesel from AP, Unipetrol, and the Kaduna Refinery. It is a 200 million-liter lubricant processing plant that is acclaimed as the first of its kind in West Africa and covers the entire value chain of lubricants. Using data-mining techniques and working in collaboration with a global network of investigators with access to secret databases, Premium Times was able to uncover several Nigerian business players associated with shell companies. 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. Her home is currently valued at N800 million. He started his career as Director of the Engineering and Transport Division of Dangote Group, the biggest Nigerian conglomerate. He also serves as a non-executive director of the companys board. They are frequently used to shield the identities of owners and/or to hide money. This started in 2009 and he has gone on to be named the richest man in Africa; year after year. He started his career as the transport director with the Dangote group, one of Nigeria leading conglomerates and rose through the organization. Dangote Cement: his stake is worth NN 1.76 Trillion ($11.5 billion), Dangote sugar: stake is worth N87.95 billion ($574.8 million), Dangote Flour Mills: stake is worth N59.48 Billion ($389 million), National Salt Company: stake is worth NN7.57billion ($49.5 million). His net worth has never been successfully estimated given his extremely private life and business dealings. Nigerian oil and gas billionaire Sayyu Dantata will be playing on the field at the International Polo Club Palm Beach this season with his SD Farms team alongside Peco Polledo, Juan "Tito" Ruiz Guiazu and Jesse Bray. Unknown to many, there are other several relatively unknown billionaires who make power moves behind the curtain and are controlling enormous wealth through several businesses. "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. Their company, MRS Oil and Gas, was re-issued 500,000 shares. MRS Oil: his stake is worth N10.2 billion ($67 million) Oba Otudeko 2023 Billionaires.Africa. But does Dangote pay his fair share of tax in Nigeria or is he hiding assets abroad? She is the daughter of late Chief M.K.O Abiola. Sayyu Dantatas MRS Group acquiring Chevron Texacos downstream assets through its subsidiaries, Corlay Global SA and Petrocci Holdings led to Otedola having animosity towards both him and his half-brother. 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. View profiles of the MRS board and our executive management team. The brand has more than 400 retail service stations across the country, and operations span several West African countries, including the Benin Republic, Togo, Cameroon, and Cote dIvoire. 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Mossack Fonseca, the company behind the registration of the shell companies, said it does not direct the companies it incorporates for its clients and therefore cannot be held liable for the uses to which the firms are put. Money laundering, billing schemes, fictitious service schemes, bankruptcy fraud, tax evasion, and market manipulation are some of the fraudulent activities facilitated by shell companies, several past investigations by ICIJ and this newspaper have shown. The company has an annual turnover of ten billion naira (N10 billion) with ships, and totals about 50,000 tons of diesel monthly. [CDATA[ "Then he gave her to me. The business magnate also. 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. AMINA MAINA oversees all trading, supply, and operations of thegroups activities spanning over 6 countries, including Nigeria. 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