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Top 10 Richest People From Kwara State And Their Net Worth In 2025
  • Finance
  • Net-Worth/Wealth
  • Nigeria

Top 10 Richest People From Kwara State And Their Net Worth In 2025

Hello my people! Have you ever wondered who the wealthiest individuals in Kwara State are? You know how Kwara is blessed with great minds, powerful politicians, and business moguls making waves across Nigeria. From the Ilorin Emirate down to Offa and other parts of the state, Kwara has produced men and women who have carved a name for themselves in politics, business, religion, and even global recognition.

Today, I’ll be taking you through the top 10 richest people from Kwara State in 2025, their estimated net worth, how they made their wealth, and the influence they command both in Kwara and beyond. Trust me, some names will surprise you, while others are already household names. So sit back, relax, and let’s count down together. 


1. Dr. Bukola Saraki

When you hear the name Bukola Saraki, what comes to mind? For many Nigerians, it’s politics, power, and wealth. Dr. Bukola Saraki, the former Senate President of Nigeria, is one of the most influential and richest men from Kwara State.

He comes from the powerful Saraki family dynasty, with his late father, Olusola Saraki, being one of the most respected politicians and kingmakers in Northern Nigeria. Bukola himself has held key positions — former Governor of Kwara State (2003–2011), former Senate President (2015–2019), and a major stakeholder in Nigerian politics.

Aside from politics, Saraki is a trained medical doctor and businessman with vast investments in banking, real estate, and oil and gas. His political clout has also brought him access to opportunities and partnerships that boost his net worth.

Estimated Net Worth (2025): Over $200 million


2. Alhaji Kamoru Yusuf

Next on the list is a man who is not as loud as politicians but is a force in the business world. Alhaji Kamoru Yusuf is one of Nigeria’s top industrialists and a proud son of Kwara State.

He is the founder of KAM Holding Limited, the largest indigenous steel and iron company in Nigeria. His business empire has placed him among Nigeria’s top industrial billionaires, creating jobs and empowering thousands of Nigerians.

What makes Kamoru Yusuf stand out is his humility and his dedication to giving back to society. He has invested heavily in education, healthcare, and community development in Kwara and beyond.

Estimated Net Worth (2025): Around $180 million


3. AbdulRahman AbdulRazaq

AbdulRahman AbdulRazaq, the current Governor of Kwara State (as of 2025), is another wealthy personality on this list. Long before becoming governor, AbdulRahman was already a successful businessman with interests in oil and gas.

He is the son of the late AGF AbdulRazaq (SAN), Nigeria’s first lawyer from Northern Nigeria. Coming from such a distinguished family, AbdulRahman built his empire in the oil industry through his company, First Fuels Limited.

Today, he combines wealth and political power, positioning himself as one of the most influential people in Kwara and Nigeria at large.

Estimated Net Worth (2025): Over $150 million


4. Senator Gbemisola Saraki

If you think wealth runs in the Saraki family, you’re absolutely right. Senator Gbemisola Saraki, sister to Bukola Saraki, is another wealthy and powerful figure from Kwara State.

She has served as a senator, minister, and political strategist, with strong ties to both business and government. Apart from politics, Gbemisola is involved in real estate, consultancy, and other ventures that add to her net worth.

Estimated Net Worth (2025): Over $80 million


5. Alhaji Abdulfatah Ahmed

Alhaji Abdulfatah Ahmed, the former Governor of Kwara State (2011–2019), also makes this list. Before politics, he was a successful banker and entrepreneur, working with notable financial institutions.

During and after his tenure, Abdulfatah Ahmed diversified into various businesses, including oil and gas, real estate, and finance. His influence in Kwara’s political and business circle remains strong.

Estimated Net Worth (2025): Around $70 million


6. Lai Mohammed

Yes, our own “information minister” that always makes headlines. Lai Mohammed, Nigeria’s former Minister of Information and Culture, hails from Oro in Kwara State.

While many know him for his political role and controversial statements, Lai Mohammed is also a wealthy man with interests in law, media, and politics. His long-standing career in public service and private practice has earned him significant wealth.

Estimated Net Worth (2025): About $60 million


7. Alhaji Tajudeen Aro

Alhaji Tajudeen Aro is another successful businessman from Kwara who has built wealth in trading, real estate, and agriculture. Though not as publicly popular as Saraki or AbdulRazaq, within Kwara, his name rings a bell in business circles.

He has contributed significantly to community development, especially in empowering young entrepreneurs and supporting local industries.

Estimated Net Worth (2025): Around $55 million


8. Engr. Lanre Shagaya

From the wealthy Shagaya family of Kwara, Engr. Lanre Shagaya is another big name on this list. The Shagaya family has investments in oil and gas, construction, and finance.

Lanre himself is an oil magnate and businessman with numerous connections in Nigeria’s corporate and political world.

Estimated Net Worth (2025): Over $50 million


9. Alhaji Yakubu Gobir

Popularly known as the “Philanthropist of the North,” Alhaji Yakubu Gobir is a successful businessman, politician, and philanthropist from Kwara State.

He is the founder of the Gobir Organization Foundation, which has touched thousands of lives through scholarships, healthcare, and community empowerment programs. His wealth comes from business ventures across pharmaceuticals, trading, and real estate.

Estimated Net Worth (2025): Around $45 million


10. Alhaji Sheriff Shagaya

Closing our list is another member of the wealthy Shagaya family, Alhaji Sheriff Shagaya. He is into oil and gas, trading, and philanthropy. Sheriff is well-respected not only for his business success but also for his generosity to the less privileged.

Estimated Net Worth (2025): Over $40 million


Final Thoughts

And there you have it, my people — the Top 10 Richest People in Kwara State (2025). From politics to oil and gas, from steel industries to philanthropy, these men and women have not only built wealth for themselves but also influenced lives in Kwara and Nigeria at large.

Kwara State is blessed with great leaders and business moguls, and these personalities prove that success can be achieved through a mix of hard work, vision, and sometimes, political influence.

So tell me, who among these wealthy personalities inspires you the most? Drop your thoughts in the comments section below — let’s gist like true Kwarans! 😉

Tags:
  • Finance
  • Net-Worth/Wealth
  • Nigeria
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