Niger State, located in the North-Central region of Nigeria, may be best known for its vast landmass, historical heritage, and natural resources like the Kainji Dam and Zuma Rock. However, beneath the surface lies a rich network of influential businessmen and political figures who have quietly built impressive fortunes over the years.
In this post, we shine a spotlight on the top 10 richest men in Niger State as of 2025—not just based on wealth but also on their contributions to the economy, job creation, and leadership. Let’s dive into the lives and legacies of these economic giants.
1. Abubakar Sani Bello – $200 Million
A household name in Niger State, Abubakar Sani Bello is the former Governor of the state (2015–2023) and currently serving as a Senator representing Niger North. Often nicknamed “Lolo,” he is the son of a former military governor and heir to the Dantata and Sawoe construction fortune, which has allowed him to diversify his investments into real estate, manufacturing, and agriculture.
His wealth is estimated to be around $200 million, making him the richest known indigene of Niger State in 2025. Even outside politics, his business acumen continues to thrive, especially in infrastructure development and agribusiness.
2. Mohammed Umar Bago – $180 Million
Governor Mohammed Umar Bago, who took office in 2023, is another wealthy son of the state. Born in Minna, he first made his mark in the banking sector before transitioning into politics. His financial journey includes work with First City Monument Bank (FCMB), AfriBank, and other top financial institutions.
Before his political career took off, Bago had already built strong roots in oil and gas, real estate, and logistics. As of May 2025, his estimated net worth stands at $180 million, largely thanks to strategic investments and expanding political influence.
3. Ibrahim Mohammed – $160 Million
Ibrahim Mohammed may not be a name heard every day, but in the financial world, he commands serious attention. A seasoned investor and board member in several banks and insurance firms, his journey is a testament to silent success.
With diversified interests in finance, stocks, and micro-lending, he has amassed a fortune estimated at $160 million. His low-profile lifestyle keeps him out of the limelight, but his portfolio speaks volumes.
4. Hassan Jibrin – $140 Million
Agriculture remains the backbone of Niger State’s economy, and Hassan Jibrin is one of the biggest players in that space. He runs large-scale farming ventures producing rice, maize, and soybeans, alongside agro-processing plants that export finished products across West Africa.
His business employs thousands across Niger State and beyond. As of 2025, Jibrin’s agricultural empire is valued at over $140 million, making him one of the most impactful entrepreneurs in the region.
5. Musa Abubakar – $120 Million
Musa Abubakar is a key figure in Nigeria’s manufacturing industry, with roots deeply tied to Niger State. He owns several factories producing both consumer and industrial goods—from plastic products to building materials.
His vision has created jobs and helped develop local supply chains in Northern Nigeria. With an estimated net worth of $120 million, Musa Abubakar is helping move Niger State from a consumption-based economy to a production-based one.
6. Bello Ahmed – $110 Million
A major player in the energy and power sector, Bello Ahmed has carved a niche for himself through investments in both renewable energy and traditional power generation. He has been involved in mini-grid solar projects in rural communities and large-scale electricity distribution contracts.
His commitment to energy access, particularly in underserved areas of Niger State, has earned him recognition nationally. His portfolio is valued at approximately $110 million as of 2025.
7. Abdulrahman Suleiman – $100 Million
Abdulrahman Suleiman is one of Niger State’s most influential figures in real estate and infrastructure development. From residential estates in Minna to commercial shopping centers and road construction projects, his footprint is everywhere.
A savvy investor, Suleiman reinvests heavily in community development and estate expansion. As of May 2025, his estimated net worth is $100 million, driven by the steady appreciation of real estate assets and major infrastructure contracts.
8. Nasir Idris – $90 Million
The hospitality and retail sectors in Niger State have witnessed significant transformation, thanks in part to Nasir Idris. He owns several popular hotels, supermarkets, and event centers scattered across Minna, Bida, and Kontagora.
Idris is also known for supporting youth initiatives and tourism. His hospitality group is valued at around $90 million, making him one of the wealthiest service industry tycoons in Northern Nigeria.
9. Sani Kado – $85 Million
In a world dominated by technology, Sani Kado is leading Niger State’s tech revolution. He made early investments in digital startups offering fintech, logistics, and health-tech solutions. Today, many of these ventures are thriving nationally and some have expanded across borders.
His estimated net worth sits at $85 million, with more expected growth in the coming years. His work is also encouraging young tech talent in Niger State to aim higher.
10. Jamilu Adamu – $75 Million
Jamilu Adamu built his empire from the ground up in Nigeria’s massive logistics and transport sector. Starting with just a few trucks, he now runs one of the biggest haulage networks in Northern Nigeria. He’s known for ensuring that agricultural produce from rural Niger gets to markets quickly and affordably.
As of 2025, his companies operate fleets across the country, valued at around $75 million. Adamu’s influence is felt in both the public and private transportation sectors.
Final Thoughts
Niger State may not often appear in conversations about Nigeria’s economic elite, but this list proves that the state has no shortage of wealthy, innovative, and highly influential individuals. From politics and agriculture to technology and energy, these ten men have not only created wealth for themselves but have also contributed meaningfully to the state’s development.
Their success stories are proof that homegrown wealth, when directed toward productive sectors, can transform entire regions. As Niger State continues to grow in population and infrastructure, these men—and others like them—are well-positioned to shape its future.
