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Meet Theophilus Danjuma; Business tycoon, philanthropist and Founder Of SAPETRO, May & Baker and ntel

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Theophilus Danjuma also known as TY Danjuma is a retired Nigerian soldier, a high profile businessman and a philanthropist. He is the chairman of South Atlantic Petroleum (SAPETRO), May and Baker and ntel.

Theophilus Danjuma was born on the 9th of December 1938 in Takum, Taraba State, Nigeria to Kuru Danjuma and Rufkatu Asibi. He is married to Daisy Danjuma.

Theophilus Danjuma attended St Bartholomew’s Primary School Wusasa, after which he went to the Benue Provincial Secondary School, Katsina-Ala for his secondary education. He was the captain of the cricket 1st XI team during high school. He concluded his Senior School Certificate Examination in 1958. Afterwards, got the Northern Nigerian Scholarship with which he enrolled at the Nigerian College of Arts, Science and Technology, Zaria (now Ahmadu Bello University, Zaria) to study history. He left the university without completing his studies in 1960 to join the Nigerian Army.

General TY Danjuma (Rtd) established the Nigeria American Line (NAL) in 1979. The company started with about 12 staffs, and in 2009, the staff strength increased to almost 250 persons, with about 12 expatriate staff. At inception, the company had only one office in Lagos, but has now expanded to Port Harcourt.

He started the company with a rented ship called ‘Hannatu’. The ship’s dealings were between Lagos, Nigeria and Santos, Brazil in accordance to Nigeria’s bilateral trade agreement to import goods into the country via the seaports from South American countries.

TY Danjuma later established COMET Shipping Agencies Nigeria Limited in 1984. The company was founded basically to be the broker for Nigeria American Line (NAL). COMET became one of the largest self-sufficient brokers in Nigeria with expertise in handling various vessels and cargos. The names NAL and COMET were later merged to become NALComet.

The company’s clientele included The Nigeria National Supply Company (NNSC), DICON Salt (Nigeria), Iwopin Paper Mill, ANNAMCO and Volkswagen Nigeria. The company became a member of American West African Freight Conference (AWAFC), Brazil-Nigeria Freight Conference and the Mediterranean Line (MEWAC).

In 2005 NALComet acquired a roll-in-roll-out port (RORO) in Lagos. This feat made the company the largest self-sufficient port broker in Africa. As at 2009, the company could handle over 200 vessels at the ports of Lagos, Port Harcourt, Calabar and Warri.

South Atlantic Petroleum (SAPETRO) is an oil and gas exploration and production company established by General TY Danjuma in 1995. SAPETRO is the second largest oil block in operation in all offshore East and Southern Africa.

NatCom Development & Investment Limited trades as ntel. The company announced General TY Danjuma as the Board Chairman. The news was made public after Danjuma’s inaugural board meeting on July, 2016. ntel started its 4G/LTE-Advanced network operations in Lagos and Abuja on the 8th of April 2016 after a series of voice and data test calls.

The network is one of Nigeria’s leading mobile 4G/LTE network that gives superfast Internet Access. It also allows high-definition voice, data and video services. ntel’s services includes: National Bandwidth; International Voice Termination, International Bandwidth, Mobile and Fixed Communications services.

TY Properties is a real estate development company that handles TY Danjuma’s properties. The company also rents out private properties in UK and Singapore and commercial properties in UK. The organization is presently building its own structure near its office in Esher, Surrey, England.

TY Advisory Services provides first class services for clients who want to establish their own family business or need help to run their existing family business.

His net worth was estimated to be $750million by Forbes in 2015.

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