The wealthiest people in Nigeria today are in one way or the other involved in politics. Most of the richest Governors in Nigeria do not depend on their monthly salaries alone because they are involved in other activities that would bring them money.
Most of the richest governors in Nigeria today got their wealth through the series of positions they occupied, some were successful businessmen before they joined politics. We are able to come up with this list base on the governors that are into a business before moving into politics. This list will include both the present and past governors that are wealthy in Nigeria. Below is the list of richest governors in Nigeria.
List of Top Richest Governors in Nigeria both present and past
- Orji Uzor Kalu (Ex Abia)
Orji Uzor is the chairman of SLOK Holding and the former governor of Abia State. His other investments include the Daily Sun and the New Telegraph newspapers. He traded palm oil which he bought from the South East and sold to the market in the North.
Following the success of his palm oil business, Orji Uzor Kalu moved to another line of business which was selling furniture on a large scale. Eventually, he established the SLOK Holding which is conglomerate comprising Ojialex Furniture Company, SLOK Nigeria Limited, SLOK United Kingdom Limited, Adamawa Publishers Limited, SLOK Vegetable Oil, Aba, SLOK Paper Factory, Aba, SLOK United States Incorporated, SLOK Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana, SLOK Korea, Supreme Oil Limited, SLOK Airlines, Sun Publishing Limited, and First International Bank Limited.
- Rochas Okorocha (Imo)
The Imo state governor allegedly made his first million as an agent for a construction company. At the age of 23, he set up a school and went into cement business. He is the owner of Rochas Group of Companies Limited. A group of companies that are into real estate, importation, education, and manufacturing e.t.c. This governor also runs a charity – The Rochas Okrocha Foundation.
- Abubakar Sani Bello (Niger)
Governor of Niger state. He has been the chairman of Properties and Estates Limited, Millenium Air, Millenium Travels and Tours, Prudent Health Care Management Limited and Heritage Hospitality Services Limited. Bello has also been an alternate director at MTN Nigeria and the defunct Broad bank, director at Investment Centre Limited, Dana Air and a board member of Broad bank.
- Kashim Shettima (Borno)
Kashim Shettima was born on the 2nd of September year 1966 and he is one of the richest Northern governors in the country. He was preceded by Ali Modu Sheriff, a one-time wealthy Governor in Nigeria. Kashim Shettima is the current Governor of Borno and one of the richest state Governors in Nigeria.
- Alhaji Mohammed Badaru Abubakar (Jigawa)
Alhaji Mohammed Badaru Abubakar Company, Talamiz Nigeria Limited has grown into a large conglomerate with subsidiaries like Talamiz Motors, Talamiz Consumer Company, Talamiz Oil Mill Limited, Talamiz Transport, Talamiz Commodities, Socar Talamiz Limited Talamiz Properties, Talamiz Poultry and Farms, and Talamiz Petroleum. He is also the Chairman of RMR shipping Bv, AML Bonded Terminal, ALUAFRIC Cairo and a former director at Sahih Nigeria Limited.
- Samuel Ortom (Benue)
Samuel Ortom businesses include Oracle Business Limited, the firm that produces the popular Goshen table water; Oracle Oil Mills, Oracle Printing Press, Oracle Farms Limited, Oracle Business Limited, Capital Prints Limited and Achieve Engineering Limited.
- Umaru Al-Makura (Nasarawa)
Umaru Al-Makura is the chairman of Almakura Nigeria Limited. A company that is into importing and servicing agricultural and industrial machinery. He is also a big player in the real estate sector with his company, Ta’al Nigeria Limited having properties in Nigeria’s major cities and in the United States of America. Al-Makura is also the owner of the prestigious Ta’al Lake Resort, Abuja and the Ta’al Conference Hotel, Lafia.
- Udom Emmanuel (Akwa Ibom)
He is a chartered accountant with over 17 years experience in financial services. Armed with a bachelor’s degree in accounting from the University of Lagos in 1988, Emmanuel served in various capacities in the sector such as an audit manager with Price Waterhouse Coopers, a bank manager at Diamond Bank, and group head of income optimization, financial control & strategic planning department and chief financial officer at Zenith Bank.
Other positions he held are non-executive director at the Africa Finance Corporation (AFC), a director of Nigerian Inter-bank Settlement Systems (NIBBS); a non-executive director at Zenith Bank, United Kingdom; Zenith Bank- Gambia; Zenith Bank-Sierra Leone; Zenith Insurance; Zenith Pensions and Custodian; Zenith Securities; Zenith Trustees and Zenith Registrars.
- Abiola Ajimobi (Oyo)
He spent 26 years in the Nigerian oil industry. After graduating with a BSc in business administration and finance at the State University New York, in Buffalo, Ajimobi went on to become a state certified underwriter, working for Equitable Life Assurance Corporation, then the second largest insurance company in the United States of America. He joined National Oil and Chemical Marketing Company as the consumer products manager in 1979 at the age of 30, making him the youngest manager to occupy such a sensitive position.
His sterling performance in the position got him a promotion to the level of a divisional manager within one and a half years also making him the youngest divisional manager to be thus appointed. Other positions he held are marketing controller at Nestle Foods PLC, lubricants manager at Shell International, operations director of Shell Marketing Company in Togo and managing director/chief executive officer of National Oil and Chemical Marketing Company.
- Willie Obiano (Anambra)
The 60-year-old has paid his dues as a professional accountant and a seasoned banker. He holds a BSc in accountancy and MSc from the University of Lagos. He began his banking career in 1981 at First Bank of Nigeria, after which he joined the oil giant Chevron as an accountant and rose to the position of chief internal auditor. In 1989, he joined an international group of auditors that audited Texaco Refinery in Rotterdam, Netherlands. In 1991, he joined Fidelity Bank as deputy manager and head of the audit unit and rose to the position of executive director on October 2003. Governor Willie Obiano of Anambra state.
- Ibikunle Amosun (Ogun)
Amosun is a chartered accountant by training. Before his foray into politics, all his professional life revolved around accountancy. He began his career as an audit trainee with Lanre Aremu & Co. (Chartered Accountants) 1984, after which he moved on to XtraEdge Consulting as a managing consultant. In 1990, he and some associates set up Ibikunle Amosun & Co. (Chartered Accountants) in Lagos, where he was the principal partner. In 1990, he became an associate member of the Institute of Chartered Accountants (ICAN). In 1996, he became a fellow of the Institute and in 1998, he became an associate member of the Chartered Institute of Taxation (CITN).
- Abdulfatah Ahmed (Kwara)
Ahmed is one of the richest governors in Nigeria, his private sector started when he was appointed the assistant manager at District Savings and Loans, Lagos in 1991. In 1993, he joined the credit and marketing unit of Guaranty Trust Bank (GTB). He moved to the defunct Societe Generale Bank in 1998 where he was appointed as a senior manager/group head, consumer banking and later he became group head, public sector for the bank’s North West region operations.
He later moved back to GTB where he was appointed the head of institutional banking group for the Northern region. While on the job, Ahmed attended several courses including a corporate governance course at the Manchester School of Business, Manchester, United Kingdom (2006), a course on capital budget strategies and techniques, organized by ELC Training, London (2004), and a public finance management course at J.F. Kennedy School of Government, Harvard University, Massachusetts, USA (2004). kwara State Governor made the list of top richest governors in Nigeria.
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