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Business News of Thursday, 14 March 2024

Source: www.mynigeria.com

Dangote’s half-brother, Sayyu Dantata ready to sell luxurious Banana Island mansion

Dangote’s half-brother, Sayyu Dantata arrives the Fifth Chukker resort in 2023 Dangote’s half-brother, Sayyu Dantata arrives the Fifth Chukker resort in 2023

Nigerian businessman and billionaire, Sayyu Dantata has placed his luxury Banana Island mansion for sale.

The mansion which is located in a plush residence in Lagos is known for its grandeur. A unique feature of homes within that enclave is its unique design that merges two separate sections into one expansive compound.

Sayyu Dantata, the founder and CEO of MRS Holdings is considering relocating to Kano, his hometown and he aims to execute the sale as soon as possible.

Sayyu Dantata, the half-brother of Africa’s richest man Aliko Dangote worked as the Director of the Engineering and Transport Division of the Dangote Group, where he made a name for himself in the business world.

MRS Transport Co. Ltd was established in 1995 to bridge the haulage of petroleum products to end users.

Following the expansion of the haulage business, MRS Oil and Gas Co. Ltd was incorporated to purchase and distribute refined products from its storage facility in Tincan. Currently, the company focuses on capturing the entire value chain in oil trading, shipping, storage, distribution, and retailing of petroleum products, Billionaire.Africa reports.

Dantata is a distinguished Nigerian businessman and a pilot, and he often flies his helicopter while navigating the Lagos metropolis. He is one of the wealthy Nigerians who owns a private jet and is renowned for owning other luxurious assets.