A Look at the Richest Individuals Across 14 States In Nigeria

Nigeria, with its vast cultural diversity, is home to numerous affluent individuals across its 36 states and the Federal Capital Territory.

As Africa’s largest economy, Nigeria has seen significant wealth accumulation in various sectors such as oil, gas, real estate, technology, and agriculture.

Here’s a look at some of the wealthiest people from 14 states in Nigeria, highlighting their ventures and contributions to the economy.

Sokoto State

Ahmed Dasuki, a significant figure in the business world, is the chairman of Fifth Chaka Polo and Country Club and has held various board positions, including at Stanbic IBTC. He also founded Quaditect Consultants and chairs Drill Masters Africa. His investment in MTN Nigeria is noteworthy, with a stake valued at over $53 million in 2022. Aliyu Jelani is another prominent figure, especially in the automotive industry, having worked with General Motors and now serving as the Director-General of the National Automotive Design and Development Council (NADDC). The 20th Sultan of Sokoto, Muhammad Sa’ad Abubakar, is a key religious leader in Nigeria, influencing millions of Muslims nationwide.

Taraba State

Theophilus Yakubu Danjuma, a retired Nigerian Army Lieutenant General, has made his mark in the shipping and oil industries. He founded NAL-Comet Group, a leading shipping agency, and South Atlantic Petroleum Limited, an oil exploration company. Danjuma’s philanthropic efforts are also significant, with millions awarded in grants. His net worth was estimated at $750 million in 2015.

Jigawa State

Nasiru Haladu Danu is well-known in the oil and gas sector, heading Casiva Limited, which secured substantial contracts with the Nigerian National Petroleum Corporation (NNPC). Isah Mohammed Gerawa, an industrialist, founded Gerawa Group of Companies and has made significant investments in oil milling and rice production, establishing some of the largest facilities in West Africa.

Borno State

Mohammed Indimi, with a net worth of $500 million as of 2015, is the founder of Oriental Energy Resources, a major player in oil exploration. Zanna Mai Deribe, following in his father’s footsteps, manages vast investments and continues to uphold his family’s legacy of wealth. Architect Ibrahim Bunu, who designed the NNPC tower in Abuja, has contributed to numerous national projects and held significant roles in various companies.

Ebonyi State

David Nweze Umahi, a former governor and current Minister of Works, co-founded Norman Engineering and Construction Nigeria Limited and several other companies. Ifeanyi Chukwuma Odii, founder of Orient Global Group and Ultimus Holdings, was a gubernatorial candidate in Ebonyi State in 2023 and has vast interests in manufacturing, logistics, and real estate.

Adamawa State

Atiku Abubakar, a former Vice President, boasts an estimated net worth of $1.4 billion and claims to be Nigeria’s largest private employer. His business empire spans logistics, farming, and education. Abdullahi Bashir Haske, a young billionaire, leads AA&R Investments Group, which has significant stakes in Nigeria’s oil sector.

Niger State

Sani Bello, a former military governor and founder of Amni International Petroleum, has significant oil assets in Nigeria and Ghana. His estimated net worth was around $500 million in 2013.

Enugu State

Peter Ndubuisi Mbah, a maritime lawyer, founded Pinnacle Oil and Gas Ltd. and developed a $1 billion petroleum terminal. Samuel Maduka Onyishi, founder of Peace Group of Companies, expanded into various sectors, including transportation and real estate. Charles Mbah, CEO of CDV Properties, has been recognized for his contributions to the real estate industry.

Nasarawa State

Umaru Tanko Al-Makura, a business magnate, founded Almakura Nigeria Limited, with interests in real estate and hospitality. His ventures include properties in major cities and resorts.

Kastina State

Dahiru Mangal, founder of Max Air and Mangal Industries, has significant investments in aviation and cement manufacturing. Umaru Abdul Mutallab played a crucial role in introducing Islamic banking to Nigeria and has held leadership roles in several major banks.

Kaduna State

Air Vice Marshal Ishaya Aboi Shekari, a former military governor, has held significant positions in banking and currently chairs several companies in agriculture and security.

Cross River State

Princess Fifi Ekanem Ejindu, an accomplished architect and businesswoman, leads Starcrest Group with interests in real estate, oil, and construction. John Ugbe, CEO of MultiChoice Nigeria, has significantly grown the company’s revenue.

Abia State

Orji Uzor Kalu, a businessman and politician, chairs Slok Holding, a conglomerate with diverse interests. Alex Otti, a former bank executive, recently launched his own bank, Signature Bank. Uche Ogah, President of Master Energy Group, has extensive interests in oil, gas, and manufacturing.

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Imo State

Pascal Gabriel Dozie, founder of Diamond Bank, has held key positions in various sectors, including telecommunications and education. Sam Iwuajoku, a leader in the private jet business, owns Quits Aviation Services and Legend Hotel in Lagos. Felix Idiga and Tony Ifeanyichukwu Ezenna have made their mark in construction, oil, and consumer goods.