Published 4 days ago • loading... • Updated 3 days ago

Sijuwade Royal Family, One of Africa’s Wealthiest, to Tap Into Oil Reserves

Summary by Business Elites Africa

The Sijuwade Royal Family is making a bold move in Nigeria’s oil industry. Known for its wealth and business empire, the family is now gearing up to produce oil from one of its key assets—OPL 276. This oil block, located in the Niger Delta, is expected to start production within the next 12 to 18 months.The … The post Sijuwade Royal Family, One of Africa’s Wealthiest, to Tap Into Oil Reserves appeared first on Business Elites Africa.

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All

Left

Center

Right

Business Elites Africa

Sijuwade Royal Family, One of Africa’s Wealthiest, to Tap Into Oil Reserves

3 days ago

Read Full Article

Billionaires.Africa

Nigeria’s Sijuwade royal family, one of Africa’s wealthiest, eyes first oil from one of its oil blocks

Key PointsThe Sijuwade Group is set to commence production at OPL 276 by 2026, further solidifying its position in Nigeria’s oil industry.The oil block, co-owned by Newcross Petroleum and Lekoil, holds an estimated 33 million barrels of oil and 476 Bcf of gas.Under Prince Adetokunbo Sijuwade, the Sijuwade Group—spanning construction, oil & gas, real estate and hospitality—has grown its valuation beyond $200 million.The Sijuwade family, one of Af…

4 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right