5 Richest Hausa Men in Oil & Gas
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African CEOs - July 12, 2023

5 Richest Hausa Men in Oil & Gas

In Nigeria’s oil and gas industry, several Hausa individuals have amassed significant wealth for themselves. Through their ventures and investments, these Hausa men have made a tangible impact on the sector. 

Here are five notable Hausa men who have emerged as some of the wealthiest figures in the oil and gas industry, contributing to Nigeria’s energy landscape and beyond.

Mele Kyari

Appointed by Former President Muhammadu Buhari as the 19th Group Managing Director of the Nigerian National Corporation (NNPC), Mele Kyari is one of the richest who has accumulated wealth from the oil and gas industry.

Kyari who has been with NNPC for over 30 years, joined the oil corporation as a Geologist at the NNPC Processing Geophysicist with Integrated Data Service Limited. He later assumed leadership of the Production Sharing Contracts Management in Crude Oil Marketing Division.

About seven years later, he became the General Manager of Crude Oil Marketing and has become the focal person that helps the Nigerian government to track the buyers and sellers of the Open Government Initiative.

Mohammed Indimi

Mohammed Indimi is another Hausa man that made his wealth from the Nigerian oil and gas industry. As the Chairman and leading shareholder of Oriental Energy Resources, Indimi controls three offshore oil and gas products, with a daily production of 35,000 barrels. 

Indimi is closely affiliated with prominent men in the Nigerian military and has established himself as the 30th richest man in Africa.

Theophilus Danjuma

Theophilus Danjuma is the Chairman of the oil exploration firm South Atlantic Petroleum (SAPETRO). Established in 1998, SAPETRO The block covers a total area of 2,590 square kilometres. 

The oil mogul got his $600 million net worth when he sold an oil bloc given to him by Former Nigerian President Sani Abacha to a Chinese consortium.

Atiku Abubakar

Atiku Abubakar co-founded Intels Nigeria Limited, an oil servicing business with extensive operations in Nigeria and abroad. It provides integrated logistics services for the Nigerian oil and gas industry. 

Atiku’s Intel offers agency services, cargo services, port management and support services in shore bases, and manages client operations, including pipe racks, stacking areas, warehousing, enclosed areas, jetties, offices, water tanks, fuel storage, generators, compressors, and various other services and facilities.

The Former vice president is a prominent businessman and philanthropist who contested for the office of President in the 2023 elections.

Alhaji Sayyu Dantata

Dantata who controls MRS Holdings Ltd hails from the Northern part of Nigeria. Before establishing MRS Group, he worked as the transport director with the Dangote Group, one of Nigeria’s leading conglomerates.

MRS Oil Nigeria Plc operates as a fully integrated and efficient downstream player with leading positions in the Nigeria Oil Industry. The rich oil Hausa man was once spotted flying his chopper from Victoria Island in Lagos to Apapa. Reports say he did this to beat the normal gridlock on the road. 

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