Katsina State, located in the northwestern region of Nigeria, is a land steeped in history, tradition, and growing economic power. Known for its significant contributions to Nigeria’s educational, political, and religious sectors, the state is also home to some of the country’s most affluent individuals. While the economic epicenters of Nigeria—such as Lagos and Abuja—frequently dominate headlines, Katsina has quietly nurtured powerful businessmen, political figures, and investors whose ventures span across transportation, oil and gas, real estate, finance, agriculture, and manufacturing.
This post highlights the top 10 richest men in Katsina State, their estimated net worths, and the businesses or careers that earned them their fortunes.
1. Alhaji Dahiru Barau Mangal – Estimated Net Worth: $1.2 Billion
Alhaji Dahiru Mangal is widely recognized as the wealthiest man in Katsina State. From humble beginnings as a truck driver, he built Max Air, one of Nigeria’s leading private airlines, and expanded into logistics, oil and gas, and construction. His firm, Max Air, dominates the domestic aviation sector, while his ventures in the oil sector through Mangal Industries have positioned him as one of the most influential businessmen in northern Nigeria. He is also known for his philanthropic work in health and education across the region.
2. Alhaji Umaru Abdul Mutallab – Estimated Net Worth: $500 Million
A veteran banker and one of Nigeria’s financial icons, Alhaji Mutallab served as chairman of First Bank and played a crucial role in establishing Jaiz Bank, Nigeria’s first non-interest (Islamic) bank. He has held board positions in multiple multinational corporations and was also a former Minister of Economic Development. His wealth is rooted in finance, policy-making, and advisory services. Mutallab’s global network and influence stretch beyond Nigeria’s borders.
3. Alhaji Mustapha Muhammad Inuwa – Estimated Net Worth: $300 Million
Alhaji Inuwa is an influential businessman and political figure whose fortune was made primarily through the construction and oil industries. He has served as the Secretary to the State Government and has maintained strong ties with government contracts and infrastructural development. He continues to wield significant influence in political and business matters across the state.
4. Alhaji Aliyu Musa – Estimated Net Worth: $250 Million
Aliyu Musa’s business interests lie predominantly in manufacturing and agriculture. His success stems from his role in revitalizing agricultural production in Katsina, especially in cash crops and agro-processing. He also operates factories that serve both local and national markets. His focus on job creation and local industry has made him a respected economic contributor in the state.
5. Senator Bello Mandiya – Estimated Net Worth: $200 Million
Senator Mandiya represents Katsina South in the Nigerian Senate and has used his political influence to secure key investments in telecommunications, property development, and public infrastructure. His business success is closely tied to his legislative initiatives and partnerships with both local and international investors. His dual role as a politician and businessman has brought development to many parts of southern Katsina.
6. Amina Lawal – Estimated Net Worth: $150 Million
One of the few high-profile female entrepreneurs in Katsina State, Amina Lawal has built a fortune in manufacturing and fashion. Her work in promoting women-owned businesses and skills acquisition programs has gained national recognition. Amina’s enterprises not only bring in millions annually but also empower hundreds of women across northern Nigeria.
7. Yakubu Musa Katsina – Estimated Net Worth: $100 Million
With deep investments in construction and real estate, Yakubu Musa has helped transform Katsina’s urban architecture. His companies have undertaken numerous housing and road projects. Known for his emphasis on modern design and infrastructure, Musa’s developments have improved living standards in key urban centers of the state.
8. Alhaji Dikko Umaru Radda – Estimated Net Worth: $80 Million
Governor Dikko Radda is not only a public servant but also an entrepreneur. Before his election as governor, he managed several businesses and held key government advisory roles. His administration has emphasized economic reform and entrepreneurship, setting up empowerment programs and improving agricultural infrastructure. His assets span agriculture, real estate, and consultancy.
9. Alhaji Saidu Barda – Estimated Net Worth: $70 Million
A former governor of the old Katsina State and a seasoned politician, Saidu Barda has also built a business empire in agriculture and trade. His legacy in governance and commerce remains relevant, especially through his investment in food processing and agricultural mechanization. He’s widely credited with influencing a generation of political and business leaders.
10. Alhaji Dahiru Garba Nalado – Estimated Net Worth: $60 Million
Alhaji Nalado operates in transport and agriculture, two of the state’s most vital sectors. His transport company is one of the leading providers of inter-state transit services in the northwest. He also owns extensive farmland and has invested in mechanized agriculture and grain storage. His work supports food security and mobility within and outside Katsina.
Conclusion
The stories of the richest men in Katsina State reveal a pattern of resilience, innovation, and deep-rooted community involvement. From aviation moguls and bankers to construction giants and political leaders, these individuals have leveraged the state’s resources and opportunities to build sustainable wealth. Their legacies go beyond riches—they’ve created jobs, funded education, and contributed to the development of infrastructure in Katsina and beyond.
As Katsina continues to evolve, these ten figures serve as shining examples of what is possible through strategic vision, entrepreneurship, and public service. Their influence will undoubtedly shape the next generation of business leaders in Nigeria’s northwestern heartland.
