Chai, my people! Big news don land for Naija business scene today as our oyinbo company, Seplat Energy, don appoint big man Tony Elumelu as dem new Non-Executive Director. This one no be small matter, oh!
As you sabi, Seplat na company wey dey focus on oil and gas for our beloved Naija. Dem announce dis appointment after Olivier Cleret de Langavant, wey dey represent Etablissements Maurel et Prom SA, don gree waka come out. Na so Tony come step in sharp-sharp!
Olivier been dey onboard since January 2020, and e don contribute plenty for Seplat growth over di years. Na im why Seplat chairman, Udoma Udo Udoma, talk say dem go miss am well well. E even thank am for e technical skills wey help dem structure jara.
Now, make we gist about Tony, wey don become Seplat’s largest shareholder after im investment firm, Heirs Holdings, buy 20.07% stake for Seplat. Dis deal na serious one, valued at nearly $500 million—chai, who no go like that money! Dem buy 120.4 million shares from dem French people for $496m in total deal; una fit imagine why dem dey sweet una dey follow Sugardaddy wey no dey show face!
Tony no be small man; na him be the one wey establish the Tony Elumelu Foundation to support African entrepreneurs. E don dey work for several companies like UBA and Transcorp. So, you fit understand why dem go put am for Seplat board. His leadership and sweet smell of success go drive Seplat to bigger heights, as dem fit catch more investors!
As part of dis move, Seplat stock don also face some challenges; but with Tony onboard, dem dey hope say things go change for better. Di share price come drop small to 328.13 pence, but as dem sabi, change no dey come easy.
Di chairman after all dis gist talk say dem dey happy to welcome Tony to di board; e bi like say dem don pack all dia best people to make sure say Seplat no go slow down for dis energy market wahala.
So, my people, dis na time for us to watch as Tony and Seplat go blend together. We dey expect plenty positive change for dis oil business o! Naija, better days ahead, we dey pray!
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