Dantata Resigns as Chairman of MRS Oil

The chairman multi-millionaire oil company, MRS Oil Nigeria, has tendered his resignation as chairman of the company.

In a notice sent to the Nigerian Stock Exchange (NSE), the management of MRS Oil
said that its chairman, Sayyu Dantata, has tendered his resignation as chairman of the
company, and will be replaced by Patrice Alberti.

According to TheCable, the letter signed by O.M. Jafojo, the company secretary, read:
“By the resolution of the board of directors of MRS Oil Nigeria Plc, the following board changes were approved. The resignation of
Alhaji Sayyu I. Dantata as the chairman of the board of directors of the company.

“The appointment of Mr. Patrice Alberti as the chairman of the board,

“Mr Alberti hold as bachelor’s degree in Economics from the Paris Academy and has
been with the MRS Group since 2004. He is currently the group managing director of
MRS Group of companies and a director on the board of Corlay Global S.A.

“Prior to joing MRS Group, he held a number of positions over a period of 20 years in various banks in Europe including BNP
Paribas, Banque Arabe Internationale D’Investitssment, Banco Central, South
Africa.”

MRS Oil was formerly known as Texaco Oil Nigeria. In September 2006, the board agreed to a name change and the company
became Chevron Oil Nigeria.

In 2009, Corlay Global SA acquired Chevron Africa’s holdings, and the name was oncechanged to MRS Oil Nigeria PLC.