Mohammed Indimi Net Worth

by Bright
Mohammed Indimi Net Worth
Advertisement

Mohammed Indimi Net Worth 2022. Mohammed Indimi OFR is a Nigerian billionaire businessman and philanthropist. He is the founder and chairman of Oriental Energy Resources (OER), a privately-held Nigerian oil exploration and production company

Mohammed Indimi Net Worth

Mohammed Indimi Net Worth$650 million
Date of birth12 August 1947
Occupationbusinessman
NationalityNigerian

Mohammed Indimi Net Worth

According to Forbes, Mohammed Indimi net worth 2022 is 650 million. is the chairman and leading shareholder of Oriental Energy Resources, a privately held Nigerian oil exploration and production company he founded in 1990. Oriental currently has three projects offshore of Nigeria’s Niger Delta region. Six of his children serve on the company’s board. His net worth dropped from an estimated $670 million a year ago due to ongoing low oil prices. He is one of the richest men in Nigeria

Early life and background

Indimi was born August 12, 1947 in Maiduguri the capital of Borno State, north-east Nigeria. His father, late Alhaji Mamman Kurundu was also a businessman who traded in hides and skins.

Advertisement

Read Mike Adenuga net worth

 Indimi attended traditional Qur’anic school as it is the general practice of Muslim communities in the Northern Nigeria. He could not attend formal school because his father could not afford to sponsor his formal western education but still managed to learn how to speak, read and write in

Advertisement

Career

At the age of 10, Indimi followed his father to local markets around Borno to trade animal hides and skins. In 1963, he became independent and started his own business after he collected 100 pounds loan from his friend Alhaji Umar Tela which he used as a start-up. Eventually, he decided to expand into selling clothes which were imported from Chad and Cameroon

Advertisement

Read Aliko Dangote net worth

In 1990, Indimi got oil prospecting license granted by the Ibrahim Badamasi Babangida regime. He established an oil and gas firm named Oriental Energy Resources (OER). Indimi served as chairman and board member of several companies including Jaiz Bank

Recognition

  • Indimi was awarded with Nigerian National Honours, Officer of the Federal Republic of Nigeria (OFR) in 2012.
  • He received an honorary doctorate from Lynn University, Florida in 2013
  • He received an honorary doctorate from University of Uyo in 2017
  • He won the Vanguard (Nigeria) Businessman of the Year in 2017 
  • He received an honorary doctorate from Nigeria Defense Academy in 2018

Mohammed Indimi Net Worth

According to Forbes, Mohammed Indimi net worth 2022 is 650 million. is the chairman and leading shareholder of Oriental Energy Resources, a privately held Nigerian oil exploration and production company he founded in 1990.

Advertisement
Advertisement
Advertisement

You may also like

Glusea.com uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
error: Contact the site owner via email [email protected] to use this content !!