Kebbi State, located in the northwest region of Nigeria, is widely known for its agricultural strength, fishing industries, and growing trade economy. Beyond agriculture, the state has also become home to influential politicians, entrepreneurs, and business moguls who have accumulated vast wealth in various sectors, including oil and gas, real estate, construction, and commerce.

In this detailed article, we reveal the top 10 richest men in Kebbi State 2025 and their net worth revealed. We’ll explore their business empires, sources of income, and how they have contributed to the economic growth of Kebbi State and Nigeria as a whole.

If you have ever wondered who the wealthiest individuals in Kebbi State are and how they built their fortunes, this article will give you a full picture.

1. Atiku Bagudu – Politician and Real Estate Investor ($1.2 Billion)

Atiku Bagudu, the former Governor of Kebbi State and a major political figure in Nigeria, tops the list as the richest man in Kebbi State with an estimated net worth of $1.2 billion.

Sources of Wealth and Business Empire

  • Real Estate: Large-scale property holdings in Abuja, Lagos, Kebbi, and Dubai.

  • Agriculture: Investments in rice mills and large-scale farming projects within Kebbi State.

  • Politics: His political career has also opened doors to significant business opportunities and partnerships.

Atiku Bagudu has used his influence in politics and entrepreneurship to build a fortune that places him at the top of Kebbi State's richest list.

2. Abubakar Malami – Legal and Business Tycoon ($950 Million)

Abubakar Malami, Nigeria's former Attorney General and Minister of Justice, is one of Kebbi State's wealthiest individuals with a net worth of $950 million.

Key Business Ventures

  • Real Estate: Multiple estates and commercial properties in Kano, Abuja, and Kebbi.

  • Oil and Gas: Interests in oil marketing companies and petroleum distribution.

  • Agriculture: Investments in rice and wheat farming in Kebbi.

3. Aminu Dantata – Oil and Construction Billionaire ($900 Million)

Although originally linked to Kano State, Aminu Dantata has significant business and family ties to Kebbi State. With a net worth of $900 million, he is a powerful figure in the oil, construction, and real estate sectors.

Business Empire

  • Macaulay Petroleum: A leading oil and gas company.

  • Construction: Ownership of firms responsible for major infrastructure projects.

  • Real Estate: High-value properties in northern Nigeria.

4. Alhaji Garba Nasarawa – Agriculture and Trade Mogul ($820 Million)

Alhaji Garba Nasarawa is one of Kebbi State's top business moguls with a net worth of $820 million.

Main Sources of Wealth

  • Rice and Wheat Farming: He owns one of the largest rice and wheat processing plants in Kebbi.

  • Export Trade: Significant export of agricultural produce.

  • Real Estate: Residential and commercial properties across Nigeria.

5. Bello Matawalle – Politician and Investor ($750 Million)

Bello Matawalle, former Governor of Zamfara State, has deep family roots and businesses in Kebbi State. His estimated net worth is $750 million.

Investments and Wealth

  • Real Estate: Multiple high-value property investments.

  • Agriculture: Extensive agricultural projects in Kebbi State.

  • Oil and Gas: Active in petroleum trading businesses.

6. Alhaji Ismail Haruna – Construction and Real Estate Investor ($650 Million)

Alhaji Ismail Haruna is another prominent businessman from Kebbi with a net worth of $650 million.

Business Activities

  • Construction: Owner of construction firms handling government and private contracts.

  • Real Estate: Real estate development in Kebbi, Abuja, and Lagos.

  • Logistics and Transport: Operating a fleet of logistics vehicles.

7. Alhaji Kabiru Argungu – Industrialist and Agriculture Billionaire ($620 Million)

Alhaji Kabiru Argungu is a major player in the agricultural and manufacturing sectors with an estimated net worth of $620 million.

Sources of Income

  • Agriculture: One of the largest rice mill owners in Kebbi State.

  • Manufacturing: Investments in packaging and agro-processing companies.

  • Real Estate: Significant commercial property holdings.

8. Alhaji Bala Dankaka – Oil, Gas, and Logistics Tycoon ($600 Million)

Alhaji Bala Dankaka is known for his oil and logistics businesses with a net worth of $600 million.

Business Ventures

  • Oil Marketing Companies: Distributing petroleum products across Nigeria.

  • Transport and Logistics: Large fleet of trucks serving the northern corridor.

  • Real Estate: Commercial properties in Kebbi, Kano, and Abuja.

9. Alhaji Usman Kangiwa – Politician and Businessman ($570 Million)

Alhaji Usman Kangiwa, a notable political leader and investor, is estimated to be worth $570 million.

Wealth Sources

  • Real Estate: Multiple estates and luxury apartments.

  • Agriculture: Rice and fish farming projects in Kebbi.

  • Construction: Stakeholder in infrastructure companies.

10. Alhaji Musa Jega – Commerce and Property Developer ($550 Million)

Alhaji Musa Jega is a renowned businessman and philanthropist from Kebbi State with a net worth of $550 million.

Business Activities

  • Commercial Trading: Large-scale import and export business.

  • Real Estate Development: Owns commercial properties across Nigeria.

  • Agriculture: Rice processing mills and cattle ranching.

Summary Table of the Top 10 Richest Men in Kebbi State

Rank Name Net Worth (USD) Main Industries
1 Atiku Bagudu $1.2 Billion Real Estate, Agriculture, Politics
2 Abubakar Malami $950 Million Real Estate, Oil & Gas, Agriculture
3 Aminu Dantata $900 Million Oil, Construction, Real Estate
4 Alhaji Garba Nasarawa $820 Million Agriculture, Trade, Real Estate
5 Bello Matawalle $750 Million Real Estate, Oil & Gas, Agriculture
6 Alhaji Ismail Haruna $650 Million Construction, Real Estate, Logistics
7 Alhaji Kabiru Argungu $620 Million Agriculture, Manufacturing, Real Estate
8 Alhaji Bala Dankaka $600 Million Oil & Gas, Logistics, Real Estate
9 Alhaji Usman Kangiwa $570 Million Real Estate, Agriculture, Construction
10 Alhaji Musa Jega $550 Million Commerce, Real Estate, Agriculture

Frequently Asked Questions (FAQs)

1. Who is the richest man in Kebbi State?

Atiku Bagudu is the richest man in Kebbi State with a net worth of $1.2 billion.

2. Which industries produce the most billionaires in Kebbi?

Agriculture, oil and gas, real estate, and construction are the major sectors producing billionaires in Kebbi State.

3. How do Kebbi’s billionaires impact the state’s economy?

They create jobs, fund infrastructure projects, and invest in agriculture, which strengthens Kebbi’s economy.

4. Are there young upcoming billionaires in Kebbi?

Yes, several young entrepreneurs are excelling in agriculture, commerce, and tech-based services, though they are not yet in the top 10 list.

5. Which sector is best for investment in Kebbi?

Agriculture, real estate, logistics, and oil marketing remain the most profitable sectors for investors in Kebbi State.

6. Does politics play a role in wealth accumulation in Kebbi?

Yes, many wealthy men in Kebbi State have political backgrounds that support their access to contracts and business opportunities.

Conclusion

The top 10 richest men in Kebbi State 2025 have built vast business empires across agriculture, oil and gas, real estate, construction, and commerce. Their investments have created jobs, strengthened local industries, and transformed Kebbi into one of the economically vibrant states in northern Nigeria.

For young entrepreneurs, their success stories are proof that with the right strategies and diversification, one can build lasting wealth even in challenging environments.