Net Worth & Profile
Theophilus Danjuma’s Biography & Net Worth
Theophilus Danjuma: In this article, RNN will highlight the profile, biography, and net worth of the Rtd Nigerian Army.
Danjuma amassed an enormous fortune through shipping and petroleum, he was Chief of Army Staff from July 1975 to October 1979. He was also Minister of Defence during President Olusegun Obasanjo’s administration. His net worth is estimated at around $1.1 billion.
In this article, RNN will highlight the biography and net worth of Theophilus Danjuma.
Biodata
| Full Name | Theophilus Yakubu Danjuma |
| Date of Birth | December 9 1938 |
| Gender | Male |
| Marital Status | Married |
| Career | Politician, Oil Company |
| Nationality | Nigerian |
| Net Worth | $1.1 billion |
Biography
Theophilus Yakubu Danjuma was born on 9 December 1938 in Takum, Taraba State. Danjuma grew up in Takum, a community that mainly deals with farming. His father Kuru Danjuma was also a farmer who also traded in metal parts for farming implements and tools.
Theophilus Danjuma started his education at St Bartholomew’s Primary School in Wusasa. He however moved on to the Benue Provincial Secondary School in Katsina-Ala. He was the captain of the school cricket 1st XI team and he received his Higher School Certificate in 1958.
In 1959, Danjuma enrolled at the Nigerian College of Arts, Science, and Technology in Zaria (Ahmadu Bello University) to study history on a Northern Nigeria Scholarship. However, by the end of 1960, Danjuma had left the university to enrol in the Nigerian Army.
Military Career
Danjuma was commissioned into the Nigerian Army as a second lieutenant and platoon commander in the Congo. In 1963, he joined a UN Peace-keeping force in Sante, Katanga Province in Congo. He was then promoted to the position of captain three years later. In 1966, Captain Danjuma was involved in the counter-coup with the 4th Battalion in Mokola Ibadan.
He was then promoted to lieutenant colonel in 1967 at the start of the civil war campaign towards Enugu, which was later captured that year. In December 1967, he was appointed Commander of the Nigerian Army’s 1st Infantry Brigade, a position he held till July 1968.
In 1970, Danjuma attended the International Court Martial in Trinidad and Tobago as Nigeria’s representative. He was appointed president of the tribunal in a case brought against members of a failed coup attempt in Trinidad and Tobago.
Theophilus was promoted to Brigadier and the position of General Officer Commanding (GOC) in 1975. He later became the Chief of Army Staff to the Head of State Olusegun Obasanjo. The former minister, therefore, played a prominent role in supporting the president in resisting the Dimka Coup in 1976. He retired from the Nigerian army in 1979.
Business Career
After his 19 years in the army and his subsequent retirement at 40 years of age in 1979, General Danjuma embarked on a business career. He has since become a distinguished and highly successful businessman with over years of experience and hard work.
Meanwhile, Danjuma owns COMET Shipping Agencies Nigeria Limited which was established in 1984, with the sole purpose of acting as an agent for Nigeria American Line (NAL). COMET has become one of the largest independent agents operating in Nigeria handling many types of vessels and cargo. In 2009 Comet handled over 200 vessels at the ports of Lagos, Port Harcourt, Calabar, and Warri.
SOUTH ATLANTIC PETROLEUM LIMITED (SAPETRO) is a Nigerian oil exploration and production company that was created in 1995 by General T. Y. Danjuma. The Ministry of Petroleum Resources in Nigeria awarded the Oil Prospecting License (OPL) 246 to SAPETRO in February 1998.
The block covers a total area of 2,590 square kilometres (1,000 sq mi). SAPETRO partnered with Total Upstream Nigeria Ltd (TUPNI) and Brasoil Oil Services Company Nigeria Ltd (Petrobras) to start prospecting on OPL246.
Gen. TY Danjuma was named Board Chairman by the NetCom Development & Investment Limited “NetCom”, trading as intel. The announcement was made on Wednesday, July 2016 following General Danjuma’s inaugural board meeting. Intel commenced commercial operations of its 4G/LTE-Advanced network on 08-04-16 in Lagos and Abuja.
Awards
- National honour as Grand Commander of the Order of the Niger, GCON. This is the highest award given in Nigeria to a non-head of state.
- Leadership Person of the Year 2011 (Recognised by the Leadership Board of Editors in Nigeria).
- Chairman of the Victims’ Support Fund Committee supporting the victims of terror such as the Chibok schoolgirl’s kidnapping
- “Champion for the Conservation of Biodiversity” award by President Muhammadu Buhari GCFR
Net worth
Danjuma’s net worth is estimated at $1.1 billion. He amassed an enormous fortune through shipping and petroleum.