Two Decades of Charm… Benny Peters Celebrates 20 Years of Aiteo Group

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Two Decades of Charm… Benny Peters Celebrates 20 Years of Aiteo Group

Two Decades of Charm… Benny Peters Celebrates 20 Years of Aiteo Group
July 30
06:03 2019

*How His Mojo is Transforming Ideas into Industries

The relentless strains of his passion

If Benny Peters were born of the sun, he would bathe the world in brilliant spokes of ambition and leave the air vividly signed with his exploits. The Aiteo Group boss is perfect proof that it is not by spectacular achievements that man can be transformed, but by will. Peters is a man of great will hence his sterling exploits in the fields of enterprise. His passion for greatness spirals to the sky, bolstered by a will as sturdy as an oak.

Starting out his genius had such electricity that the odds could not tame. He set out with the fervor of a man who understood, that, to succeed in the cutthroat world of commerce, he must be ready to lose himself in his objective, longterm goal, creation, and craft.

It is unsurprising, therefore, that his Aiteo Group will clock 20 years in few weeks.

The company, owned by the billionaire businessman, Peters, has grown in leaps and bounds in the last two decades.

There is no gainsaying the value of contributions of Aiteo Group to humanity, can never be underestimated, particularly its contributions to the sports sector.

Among his clan and contemporaries, Benny is perpetually on song because he ornaments his exemplary existence with gestures and exploits that dazzle like an ethereal treasure. Over the years, he has emerged as the perfect symbol of business excellence seen at home and abroad as a historical figure; the personification of a business calculus within Nigeria and the African continent.

Founded in 1999, the company operated under the name, Sigmund Communnecci Limited. The company name was changed to Aiteo during a rebranding exercise. The new brand signifies not only a change in name but a change in culture and strategy to propel the company to new heights.

Since its inception, Aiteo has been a trail blazer in the petroleum sector, helping to grow the downstream petroleum sector and providing constant availability of high quality refined products worldwide

In 2008, the company committed to building comprehensive energy capabilities and services from exploration through retail delivery of finished petroleum products plus electrical power.

Today, Aiteo is a full-spectrum, integrated energy company with services that span bulk petroleum products storage, marketing and distribution of refined petroleum products, oilfield services, electricity generation and distribution, LPG bulk storage and a fast-developing retail distribution network.

Aiteo Group has one of the largest private storage facilities for refined petroleum products in sub-Saharan Africa.

Assets include petroleum storage facilities with capacity of more than 320 million litres. This includes our Port Harcourt terminal with capacity of over 110 million liters and our Apapa terminal with capacity of approximately 210 million liters.

However, we gathered that there are lots of great events lined up for the celebration. from Lagos to Ghana, Congo to London. it is going to be great and Nigeria would be gold-plated. Trust Benny,  he doesn’t do things in half measures. The formerly cash-strapped Nigeria Football Federation (NFF) received a financial boost from Aiteo worth around US$8.2 million over the next five years, and Benny has been supporting the Nigerian Football Federation since.

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