The year 2024 marked a pivotal moment for some of Nigeria’s biggest companies, with remarkable growth and strategic leadership steering them to new heights.
During this period, several MDs and CEOs took on the reins of their respective organizations, ushering in fresh leadership that would define the direction of these companies in the years to come.
These leaders were not only tasked with managing vast portfolios but also with navigating through global challenges, volatile markets, and the ever-evolving demands of their industries.
According to Nairametrics’ latest research, Nigeria’s top 10 highest-paid Managing Directors (MDs) and Chief Executive Officers (CEOs) collectively earned a staggering N11.6 billion in 2024, a significant jump from N7.9 billion in 2023
In this special spotlight, Nairametrics breaks down their 2024 earnings, leadership profiles, and the companies they led.
- Position: Managing Director / Chief Executive Officer
- 2024 Compensation: N1.06 billion
- 2023 Compensation: N544 million
- % Change: +94.9% YoY
About the CEO:
Dr. Samba Seye has led TotalEnergies Marketing Nigeria Plc since September 2021. He holds a Doctorate Degree in Engineering from the University of Sciences and Techniques of Lille, France, and began his career as an assistant lecturer.
He later transitioned into the energy industry with Shell and subsequently joined Total in 2014 as a Project Manager in the Strategy Department. Known for his strategic leadership and regional expertise, Dr. Seye has held key executive roles including Deputy Executive Vice President, West Africa, and Executive Vice President, West Africa. He is also a member of the TotalEnergies SE Ethics Committee.
About the Company/ Performance Highlights:
- Sector: Downstream Oil & Gas
- Total Assets (2024): N471.1 billion
- 2024 Revenue: N1.04 trillion (YoY: +63.83%)
- 2024 Profit Before Tax: N42.2 billion (YoY: +140.35%)
