Site icon Connectnigeria Articles

Arthur Eze And Atlas Oranto Petroleum: The Largest Privately Held Nigerian Exploration And Production Group

Information Guide Africa

  Arthur Eze is a Nigerian oil mogul, philanthropist, politician, and CEO of Atlas Oranto Petroleum, the largest privately held Nigerian exploration and production group. In Igboland, he is referred by the title of Ozoigbondu and he is said to be the 8th wealthiest man in Africa.
Read more about Business
Arthur Eze was born on the 27th of November 1948 in Ukpo village, Dunukofia Local Government Anambra State, Nigeria. He is popularly known as ‘Prince Arthur Eze na Ukpo’ because he is from a royal family, and his elder brother is the traditional ruler (King) of Ukpo kingdom. Arthur attended St. Augustin Secondary School in Nkwere, Imo state in 1970. After his secondary education, he then went to California State University, Long Beach, California to study mechanical and chemical engineering from 1974 to 1978.

Atlas Oranto Petroleum

Atlas Oranto Petroleum was founded by Arthur Eze in 1991. The company currently has 22 oil and gas licenses in 12 jurisdictions across Africa. It has assets in Nigeria, Equatorial Guinea, and several Atlas Oranto operated blocks. To date, the company is the largest holder of oil exploration blocks in Africa. Atlas Oranto has regional offices and representatives across core investment locations in West Africa with its technical base located in Lagos, while its headquarters is at Abuja. The chairman chose Abuja as its headquarters so that the management of the company can have direct access to African policy-makers in the region. The Eze family has ownership of the company stock and all the shareholders are involved in the company’s operation.

Arthur Eze and Politics

Arthur Eze has always donated generously to the People’s Democratic Party (PDP), he gave almost $100 million to support politicians in Anambra State. He is called “the godfather” by most highly placed politicians in his state, as he is seen as an authority in political matters. Although Arthur continuously donates to the People’s Democratic Party (PDP), he supports other political parties as well, as long as he believes in the person contesting. Some people argue that “godfatherism” in Anambra State started when Arthur Eze sponsored Senator Joy Emordi in 2005, after the annulment of Emmanuel Anosike’s election. It is also worthy of note that the All Progressive Grand Alliance (APGA) was formed in his sitting room.

Arthur Eze Philanthropic Activities

Arthur Eze’s Awards and Recognitions

Arthur Eze is a man that gives in both millions and billions. According to nigerianinfopedia.com, his net worth is estimated at $5.8 billion. Sources: Nigerianinfopedia Entrepreneurs NG Featured Image Source: Information Guide Africa
Got a suggestion? Contact us: editor@connectnigeria.com
Exit mobile version