Sayyu Dantata

Alhaji Sayyu Dantata is the chairman of MRS Group Companies. He is the founder and Chief Executive Director of MRS Holdings Limited. Mr. Alhaji has been in the petroleum industry for more than 17 years after venturing in the industry back in 1993. He founded the MRS Group in1995. MRS Group Companies include the likes of Corlay Global SA, Ovlas Trading SA and Ovlas Services Geneva. His career began as the Chief Executive of Dangote Transport, Dangote Group.

Read also : The Richest People In Nigeria, Top 20 Richest People In Africa

 He is a former Director of Transnational Corporation of Nigeria Plc and a Non-Executive Director of Nigeria Telecommunications Limited. Alhaji Dantata attended Morris Brown College in Atlanta Georgia where he studied Mechanical Engineering and later enrolled for Business Administration. Alhajiā€™s success in the petroleum industry began when he noticed a gap in the process of procuring fuel while working with the Dangote Group. The country faced fuel shortages since the Nigerian Government was the only importer of diesel.

sayyu dantata

It inspired Dantata to launch MRS Oil and began buying diesel from Kaduna Refinery, Unipetrol and African Petroleum. It took the company some time to capture the market after going through some hurdles in the new industry as it had to seek options from foreign firms to acquire more oil. Alhaji Sayyu Dantata has a net worth of $500 Million.

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