When you hear Sokoto State, your mind probably drifts to serene Islamic scholarship, the Palaces of the Caliphate, or even the sprawling Argungu Fishing Festival. But hold up—beyond the spiritual and cultural gravitas lies another layer of Sokoto: wealth, influence, and entrepreneurial prowess.
This blog is your front row ticket to the top 10 richest individuals from Sokoto State—the movers and shakers blending politics, business, philanthropy, and tradition to build dynastic legacies. So grab your favorite jollof, make yourself comfortable—and let’s dive right in.
Starting off with a bang—this is Alhaji Dahiru Mangal, the founder of Max Air and a force to reckon with in aviation, construction, oil & gas, and logistics. Though officially tied to Katsina, his ancestral roots run deep in Sokoto, and his philanthropic reach spans the North. Recognition skyrockets beyond boardrooms; his name resonates in schools, hospitals, and markets across the region.
Next, we have the man who knows both corridors of power and property deals—but never loses cool. Wamakko, a former Sokoto governor and current senator, has heavily invested his political capital into real estate and agriculture. Have land? Name it. He’s likely built on it.
Tambuwal has worn a lot of hats: former speaker, governor, lawyer, politician... and wealthy. His long stretch in politics netted him infrastructure deals, real estate receipts, and telecom stakes. He’s Sokoto’s political premium package.
You might not hear him shout, but you’ll see his legacy in the roads and estates he builds. Muhammadu Buhari Bala, affectionately called “Buhari Sokoto,” commands respect through civil contracts and smart property plays that dot the skyline of Sokoto City.
Here’s the one with the lawyer swagger: Malami, former Attorney General of the Federation. He’s turned legal influence into real estate, oil, and hospitality investments—solidifying his presence both in the dirt of law and the richness of business.
Back in the days when PHCN ruled energy in Nigeria, Engr. Bello Suleiman stood tall as its managing director and later a critical technocrat during privatization. His consulting fees, board positions, and industry wisdom translate into cold, hard cash.
Faruk Yabo knows how to play the long game. With roots reaching into finance, agriculture, logistics, and government affiliations, this southern Sokoto powerhouse quietly builds wealth while staying out of the headlines—like a wise elder you ignore until you need him.
Now meet the people’s man. Ummarun Kwabo is a philanthropist with a construction, oil, real estate, and pharmaceutical empire under his belt. From sponsoring 100 mass weddings in Sokoto to building orphanages for IDPs, this man blends business with big-hearted legacy.
Dasuki, son of the Sultan and former Sokoto Commissioner of Finance, balances academia, governance, and strategic real estate moves. He’s young, sharp, and already building a fortune smartly—his trajectory is one to watch.
Rounding us off is Mukhtar Shagari, nephew of ex-President Shagari, ex-deputy governor, and minister. His wealth springs from agriculture, consultancy, and long government service. A politico with deep roots in both public service and rural transformation.
Not originally in the list of "men in commerce," but you can’t ignore the richest monarch of the North. Sultan Sa’adu Abubakar is Nigeria’s spiritual Muslim leader and holds extensive land, religious, and cultural influence. With palace estates, a Rolls Royce, and deep spiritual authority, his $100 million net worth cements him as a powerful player—even if not typically in Forbes' traditional business lists.
Rank | Name | Estimated Net Worth | Key Sectors |
---|---|---|---|
1 | Dahiru Mangal | $800M+ | Aviation, Oil & Gas, Logistics |
2 | Aliyu Magatakarda Wamakko | $300M | Politics, Real Estate, Agriculture |
3 | Aminu Waziri Tambuwal | $250M | Politics, Real Estate, Telecoms |
4 | Muhammadu Buhari Bala | $200M | Construction, Civil Contracts |
5 | Abubakar Malami (SAN) | $180M | Law, Real Estate, Oil & Gas |
6 | Engineer Bello Suleiman | $150M | Energy, Consultancy |
7 | Faruk Malami Yabo | $120M | Agriculture, Investment, Politics |
8 | Ummarun Kwabo AA | $100M | Construction, Oil, Real Estate |
9 | Abdussamad Dasuki | $90M | Finance, Real Estate, Governance |
10 | Mukhtar Shagari | $150–200M | Agriculture, Consultancy, Politics |
— | Sultan Sa’adu Abubakar III | $100M | Traditional Rule, Land, Spiritual Power |
No Loud Flaunting — This is wealth that whispers. Real estate, political influence, oil, agriculture, and philanthropy—many of these guys keep a low profile.
Politics Meets Business — Almost everyone here has dabbled in governance, then invested smart. It’s the classic "Office + Assets" formula in Nigeria.
Old Money Mixed With New — Generations of influence and faith (like the Sultan) meet contemporary business strategies from tech and aviation.
Philanthropy Is the Badge — Folks like Kwabo—big wallets but bigger hearts—investing in marriages, orphanages, and education. Power with compassion.