Nigerian oil tycoon Tein Jack-Rich to run for Senate

Tein T.S. Jack-Rich, the oil mogul and philanthropist behind Belemaoil Producing Limited, has formally entered the race for the Rivers West Senatorial District seat, submitting his expression of interest and nomination forms at the All Progressives Congress national secretariat in Abuja on Wednesday and immediately firing a warning at the party’s leadership over how it handles its founding members.

“Today, I came to submit my form for expression of interest and nomination for the seat of Senate of Rivers West, Rivers State, because I am from Rivers State,” Jack-Rich told journalists after filing his papers. He said the decision was driven by a long-standing commitment to the APC and a desire to provide what he described as experienced and effective representation for his people.

But it was his second message that carried the sharper edge. Jack-Rich said the APC must strike a deliberate balance between welcoming new entrants and protecting the members who built the party from its earliest, most uncertain days. “What is important to the party is to continue to recognise and honour legacy members who have been there from inception, while also accommodating new entrants for growth,” he said. He reached for a family metaphor to make the point plain: “It is important to hold your biological child dearly while adopting new children. That balance must be maintained.”

The warning lands inside one of the most turbulent political environments in Nigeria. Rivers State’s APC chapter is fracturing along lines drawn by the long-running conflict between FCT Minister Nyesom Wike and Governor Siminalayi Fubara. Rival camps loyal to each man have been assembling separate lists of National Assembly aspirants, with Wike-aligned structures favouring returning incumbents and the Fubara-aligned list tilting toward new faces. Wike said as recently as Wednesday that his coalition has not endorsed any gubernatorial candidate and is not working with Fubara, while Fubara is himself reported to be eyeing the APC ticket. The “peace” brokered between the two sides earlier this year is being described by insiders as a ceasefire rather than a resolution.

Jack-Rich is positioning himself as a candidate who stands apart from both camps by grounding his claim in party loyalty and sectoral expertise. He dismissed suggestions that he surfaces only at election time. “I belonged to the finance committee at the last convention, and I have participated in virtually all party activities, even if I am not very loud about it,” he said.

On his legislative pitch, he leaned hard into his professional background. “I have over 28 years of experience in the oil industry,” he said, adding that the expertise would give him an advantage on energy legislation, Niger Delta development and economic policy. “We need a senator who understands the oil industry and can support the president with bills and ideas that will help us produce more oil.” He described Rivers West as the largest senatorial district in the state by landmass and as the oil bank of Nigeria, a constituency whose issues he said he understands from the inside.

Jack-Rich founded Belemaoil in 2008. The company holds an operating licence in Oil Mining Lease 55 in Rivers State and is one of the few indigenous Nigerian companies to have built a functioning upstream operation from scratch. He runs the Tein Jack-Rich Foundation, which has funded scholarships, medical outreach programmes and youth development initiatives across the Niger Delta.

The Rivers West race now has multiple named aspirants including former Rivers State PDP chairman Felix Obuah, who purchased his APC nomination forms the previous week. Jack-Rich expressed confidence he would clear the primaries. “I am happy to say I have submitted my form, and I am going to work hard for the primaries. I believe strongly that I will win the Senate seat. Rivers West will be great again,” he said. (Billionaires Africa)