The Astute Businessman and Patriot

Nigeria is blessed with sundry businessmen who have made noteworthy contributions to her development. Few have contributed in ground-breaking ways without a media fanfare. Benedict Peters, the Executive vice president of the Aiteo Group is such a man. As a silent achiever, Benedict Peters might not come across as the typical flamboyant Nigerian Billionaire. However, when it comes to business and investment in his fatherland, his devotion is unmatched. Benedict Peters is a visionary leader, transforming Nigeria through relentless investments in areas covering enterprise development, economic diversification, local content participation in the oil and gas sector and most importantly, football development.

“There are young Nigerians and Africans that I am still obligated to inspire and I owe them that…,” Mr. Peters commented recently. Such uncommon passion and drive is what pushes him to continuously strive for development in various aspects of national life in Nigeria.

Aiteo Group, one of Peters’ economic investments, is the foremost indigenous oil company in Nigeria by production. In 2017, Aiteo took on the huge task of funding the Nigerian Football Federation, NFF making it the foremost contributor to football development in Nigeria. The company through its five-year sponsorship worth N2.5billion, played a lead role in optimizing the administrative and technical management of the Super Eagles, making it the first African team to qualify for the Russia 2018 World Cup with no games lost. In the run-up to this laudable achievement, Aiteo gave sports sponsorship a human face when it pledged to contribute N10million towards the treatment of Super Eagles goalkeeper, Carl Ikeme, for every goal scored by the Eagles against the indomitable Lions of Cameroon. leukaemia in July, 2017.

Aiteo also bought the title rights to the country’s federation cup, now christened Aiteo Cup – an investment that takes football development and economic empowerment through the round leather game to the grassroots.

Although, Benedict Peters may have over the years achieved business success out of media spotlight, millions of Nigerians have been touched by his ingenuity without even knowing him.

Benedict Peters, has been recognised locally and internationally with several awards, including The Marquee Award for Global Business Excellence at the Africa-US Leadership Awards in 2014; Leadership Newspaper’s “CEO of the Year 2014” award; Dr. Martin Luther King Jr. Legacy Awards in 2015.