Biography Of Mohammed Indimi, One Of The Richest Men In The World , A Businessman with tenacity and perseverance That Built A 100-unit Housing Estate @N600million For IDPs In Borno.
He also made huge supplies of food, clinics, machines, and clothing to the IDPs in
THE Vanguard Businessman of the Year is conferred, not just on any rich man, but specifically, on one with impact and imprint on the industry he/ she operates in, as well as creating diversified value in the industry value chain and the society at large.
In 2017, Alhaji (Dr.) Muhammadu Indimi (OFR) met the several measures employed by Vanguard Editors in selecting one out of the so many qualified Nigerians.
Born into business: Alhaji Muhammadu Indimi was born on August 12, 1947 in Maiduguri, Borno State, to a trading family. His father, Alhaji Mamman Kurundu, was a renowned trader in hides and skins in his time. Like most children in Northern Nigeria, Dr. Indimi was not fortunate to pursue formal education – partly because the number of schools were limited at the time, with the result that majority of children were deprived of what is known as Western education.
Given this situation, parents who were unable to place their children in the few available Government schools, ended up sending their children to attend Quranic schools.
Dr. Indimi’s business acumen and achievements are significant proof that he has been a very good student of his father who had introduced him to commercial transactions at a very early age of 10. At the young age of 16 years, the young Indimi launched his first business venture by establishing a bicycle rental outfit.
When his father saw the early enterprising qualities in him, he gave him capital to help him start his own business.
Business interests: Amongst many other entrepreneurship landmarks, he is the founder and chairman of Oriental Energy Resources, Limited, one of the leading indigenous oil and gas companies in the upstream sector. He is the Chairman of M & W Pump Nigeria Ltd, which had partnered with MWI Corp of Deerfield, Florida, USA.
He founded many successful indigenous companies and sits on the Boards of Arab Contractors O.A.O. Nigeria Ltd; Jaiz Bank Plc and International University of Africa, Khartoum, Sudan.
The key value for us is Indimi’s model and approach to the hydra-headed issues in the oil sector, the rare rigour, perseverance and strategic positioning employed to get Oriental Energy to where it has become a force to reckon with in the industry both locally and internationally. His is not a flight-by-night success story.
Dr. Indimi has over 24 years experience in the Nigerian upstream oil and gas sector. Founded in 1990, Indimi’s Oriental Energy had to endure the huge challenges of making an impact in the industry dominated by big multinationals with vast resources and global reach. Yet within a reasonable time Oriental Energy had expanded its activities with assets in offshore Nigeria. These assets include the Ebok Field (OML 67), Okwok Field (OML 67, and OML 115).
The privately held Nigerian oil exploration and production company had passed through the rosy and the rough paths of the industry in Nigeria including youth restiveness in the Niger Delta region which he had managed skillfully to the mutual benefits of the company and the community.
Indeed the company, Oriental Energy, is a story of tenacity and perseverance. Starting from a modest Block OPL224 offshore Nigeria granted it 27 years ago, it converted OPL224 into OML 115 and have added both the Okwok and Ebok assets to their portfolio.
Through aggressive exploration and drilling programmes, the Ebok Field began production in the second quarter of 2011 which initiated the largest development programme for an indigenous Nigerian oil company to date. Thereafter the Okwok Field began production in 2015. Oriental has also developed an offshore production hub centered on the established Ebok Terminal which is used for the storage and offloading of crude oil.
His social investments: Vanguard Editors also reckoned with the impact of Dr. Indimi’s wealth on the society especially the immediate community where the wealth is created. He and his company are considerable contributors to the empowerment of local host communities.
Dr. Indimi is a humanitarian and a philanthropist and has received numerous awards as well as honorary doctorate degrees from notable universities in Nigeria, Ireland and the United States.
Dr. Indimi’s philanthropic activities cut across education, health and social welfare, housing and critical aid provision. Recently, his company, Oriental Energy, launched a N700 million modern residential estate of 100 units in Enwang, headquarters of Mbo Local Government Area of Akwa Ibom State.
The estate named, Oriental Village, Mbo; when completed will have a solar-powered electrification system, a school, clinic and a shopping centre. It will be given out free to the beneficiaries. The project is funded by Oriental Energy and the Muhammadu Indimi Foundation as a legacy project for Oriental Energy’s host communities.
Since 2009, Dr. Indimi, through Oriental Energy Resources, has awarded over 470 scholarships in Akwa Ibom State, created a sponsorship program for the University of Uyo’s Department of Petroleum and Chemical Engineering as well as trained and awarded start-up funds to over 270 youths from the State at seven Skill Acquisition Centres in Uyo, Oron, Eket and Enwang in Akwa Ibom State, all of whom received starter packs.
In addition, Dr. Indimi has trained 500 women, 200 of whom were awarded seed funding to start new business. In the University of Uyo between 2011 and 2013, Dr. Indimi, through his company, had invested almost $2 million in the upgrade of laboratories and library in the Department of Chemical and Petroleum Engineering to secure the department full accreditation by the National Universities Commission, NUC, and the Council for the Regulation of Engineering in Nigeria, COREN.
Oriental Energy is presently engaging other operators in Akwa Ibom State to create a sustained funding programme of sponsorship for the Department of Chemical and Petroleum Engineering into one of the top 10 departments of this discipline in the world.
In 2010, Indimi invested over $5.6 million in social investment project programmes to impact over 11,000 persons.
His company has constructed three science laboratories for Physics, Chemistry and Biology for secondary schools in Ebughu, Akwa Ibom State.
The company equally constructed 14 en-suite rooms with teachers’ quarters to encourage teachers retention in Effiat host community as well as a health centre and doctor’s quarters also in Effiat, and empowered over 50 fishermen in Mbo with complete fishing gears of five fibre boats fishing nets and sundry items.
Culled from IN News
INSPIRATION: From uneducated hairdresser to parliament, Ghanian MP narrates her story
Ama Sey, whose full name is Mercy Adu Gyamfi has narrated how she rose from being an uneducated hairdresser onto the floor of parliament.
Mercy Adu Gyamfi gained popularity when she beat the National Democratic Congress’ bigwig, Baba Jamal in the 2016 general election
The form-4 leaver indicates that she had been mocked for her inability to speak English well but never gave up on the ambition- According to Ama Sey, she wept the day she entered parliament because she was overwhelmed by the reality of her achievement.
Telling her powerful story in a recent interview on Asempa FM’s Ekosii Sen programme, Ama Sey said she literally shed tears after entering the floor of Parliament because she never imagined it would be possible to have a person like herself reach that height.
The form-4 leaver gained popularity when she beat the National Democratic Congress’ bigwig, Baba Jamal in the 2016 general election. It came to many as a surprise after the underdog and political neophyte thwarted the parliamentary ambition of Mr Jamal.
Ama Sey says she has now realised the work in parliament goes beyond educational background adding that the people of Akwatia chose her because they believe she represents their best interests which are to champion the cause of her people and bring development to the area.
Romantic Gift Ideas Any Nigerian Lady Would Love On Valentine’s Day
A So if you are a sharp guy and really want your sweetheart to swoon this Valentine’s Day and beyond, try giving her any of these 7 gifts listed below:
1. Candlelight Dinner: Treat her with a romantic candle light dinner at her favorite restaurant along with Wine or Champagne and she would love it. Hand feed her at a candle lit table to some great music on a lovely night and say words of love. Nothing can move a woman more than words of love from the man she loves. But make sure you team it up with some alternate gifts too like Flowers or even a Chocolate you can share. It won’t be a bad idea to cook a special meal for her on a valentine’s day and freeing her from the responsibility of cooking on that day.
2. Gadgets: It is no news that Nigerian girls are very tech savvy and they surely love gadgets. Think smartphones, iPads, Tablets and even laptops… this would surely make your lady smile. If you step it up a little and give her the latest Android device or better still, the wave-making iPhone , you can be sure she will love you even more and cherish it for a very long time.
3. Jewelry: You’ve heard this a million times that Diamonds are a girl’s best friend and that is so true. But what if you don’t earn enough pay to afford a diamond jewelry? Jewelry wins the race with any woman as a romantic gift. There are hardly any women who cannot resist gold or gemstone jewelry. Silver or Platinum jewelry are welcome too as gifts. When you give jewelry try not to go for fakes. If you cannot afford a 22 carat go for 14 carat jewelry rather than gifting fakes.
4. Propose to her on Valentine’s Day: If you are going steady with your girlfriend and want to marry her nothing can be more romantic than proposing marriage and proclaiming your love and commitment to her by putting a ring on her finger! Buy her a ring and propose marriage to her on Valentine’s Day. This is one awesome thing you can give your lady which is surely priceless.
5. Perfumes: Perfumes make excellent romantic gifts if chosen wisely. If your woman is brand conscious make sure that you don’t pick up a cheap perfume for her from the street shop. You can buy her favorite fragrance, or make a new pick and encourage her to try another.
6. Pamper her with a Gift Voucher: If you just don’t know what to buy, you can give her a gift voucher to a good online store or mall where she can make a choice herself. Most women like luxury spa items that help to relax and unwind, so a gift voucher to a Spa would be a great idea. All women like pampering. You can pamper her with a nice massage if she is willing.
7. A Night out: Women like to spend quality time along with their partner or like others to see you two as a couple. Take her for a Movie or Play she wants to watch. You could also take her for a Valentine’s Day Party where you could dance together to the music. Whatever you decide on, make sure you enjoy your day with that special one and have a great time together.
Business9 months ago
NDDC BOARD: SENATOR PETER NWAOBOSHI AND OTHER SENATORS SCREEN NOMINEES
News2 months ago
Gunmen invade cemetery, exhume, move away with body of Rivers council boss who died of COVID-19
News6 months ago
How Two Secondary School Students Sold Their Colleagues To Ritualists In Ogun State