Niger State is one of Nigeria’s largest states in terms of landmass and resources. Known for its agricultural production, hydroelectric dams, and growing business opportunities, the state is home to some of the wealthiest businessmen and politicians in northern Nigeria. These individuals have built significant fortunes in industries such as oil and gas, real estate, agriculture, construction, and politics.
In this article, we will reveal the top 10 richest men in Niger State 2025 and their net worth revealed, how they made their wealth, and the industries they control. This guide is written for Nigerians who want to understand how wealth is built in the state and how these billionaires influence Niger State's economy.
1. General Ibrahim Babangida (IBB) – Former Military Head of State ($1.5 Billion)
Ibrahim Babangida, popularly known as IBB, is the richest man in Niger State with a net worth estimated at $1.5 billion. As a former Nigerian military Head of State, IBB is one of the most influential figures in Nigeria's history and economy.
Sources of Wealth and Business Empire
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Real Estate: IBB owns numerous high-value properties in Abuja, Lagos, and Minna.
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Oil and Gas: Strategic stakes in oil exploration and distribution companies.
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Investments: Long-standing shares in blue-chip companies and banks.
He resides in Minna, Niger State, and continues to wield influence in both politics and business circles.
2. General Abdulsalami Abubakar – Former Nigerian Head of State ($1.2 Billion)
Abdulsalami Abubakar, another ex-military ruler from Niger State, has an estimated net worth of $1.2 billion.
Key Business Ventures
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Telecommunications: Stakeholder in major Nigerian telecom companies.
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Real Estate: Prime property investments in Abuja and other Nigerian cities.
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Agriculture: Large-scale farms and agribusinesses in Niger State.
He has also served on the boards of many companies and plays a key role in the state's political and economic decisions.
3. Mohammed Sani Bello – Politician and Business Mogul ($950 Million)
Mohammed Sani Bello, a former governor of Niger State, is one of the wealthiest politicians in northern Nigeria. His net worth is estimated at $950 million.
Wealth Sources
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Oil and Gas: Inherited substantial stakes in oil companies from his father, Colonel Sani Bello.
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Real Estate: Extensive property investments in Abuja and Lagos.
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Construction: Ownership of major contracting companies executing government projects.
4. Colonel Sani Bello (Retired) – Industrialist and Oil Investor ($900 Million)
Colonel Sani Bello is a well-known oil investor and industrialist. He is the father of Mohammed Sani Bello and has built a vast fortune with an estimated net worth of $900 million.
Main Business Ventures
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Oil Companies: Early investor in the Nigerian oil sector.
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Banking: Shares in leading Nigerian banks.
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Agriculture: Large-scale farming and agricultural processing companies.
5. Alhaji Abdullahi Kontagora – Real Estate and Construction Mogul ($800 Million)
Alhaji Abdullahi Kontagora is another wealthy businessman from Niger State with an estimated net worth of $800 million.
Key Sources of Income
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Construction: Owns firms handling roads, bridges, and government infrastructure.
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Real Estate: High-value residential and commercial properties in Minna, Abuja, and Lagos.
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Agriculture: Investments in cattle ranching and food processing.
6. Alhaji Musa Mohammed – Agriculture and Logistics Tycoon ($700 Million)
Alhaji Musa Mohammed is a leading figure in Niger State’s agricultural and logistics sector with a net worth of $700 million.
Business Activities
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Agriculture: One of the largest rice and maize farmers in the state.
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Transport: Owns a logistics company operating across Nigeria.
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Real Estate: Residential estates in Niger State and Abuja.
7. Alhaji Ibrahim Aliyu – Industrialist and Politician ($650 Million)
Alhaji Ibrahim Aliyu, a seasoned politician and industrialist, is worth about $650 million.
Main Ventures
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Real Estate: Prime properties in Minna, Abuja, and Kano.
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Construction: Major government contracts in Niger State.
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Politics: Political influence has enhanced his business opportunities.
8. Alhaji Bashir Ibrahim – Oil and Transport Billionaire ($620 Million)
Alhaji Bashir Ibrahim has diversified investments in oil and transport with a net worth of $620 million.
Sources of Wealth
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Oil and Gas: Ownership of fuel depots and petroleum distribution companies.
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Transport: Large-scale passenger and goods transportation network.
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Real Estate: Commercial property development.
9. Alhaji Nuhu Wushishi – Agriculture and Commerce Investor ($600 Million)
Alhaji Nuhu Wushishi is another wealthy individual from Niger State with an estimated net worth of $600 million.
Wealth Creation
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Agriculture: Farms producing rice, maize, and livestock.
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Trading: Import and export of agricultural products.
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Real Estate: Properties across Niger State and Abuja.
10. Alhaji Garba Ibrahim – Businessman and Philanthropist ($580 Million)
Alhaji Garba Ibrahim rounds up the list of the top 10 richest men in Niger State with a net worth of $580 million.
Key Investments
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Real Estate: Residential and commercial properties.
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Hospitality: Hotels and resorts in Niger State.
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Agriculture: Large-scale poultry and crop farming.
Summary Table of the Top 10 Richest Men in Niger State
| Rank | Name | Net Worth (USD) | Main Industries |
|---|---|---|---|
| 1 | Ibrahim Babangida (IBB) | $1.5 Billion | Real Estate, Oil & Gas, Investments |
| 2 | Abdulsalami Abubakar | $1.2 Billion | Telecom, Real Estate, Agriculture |
| 3 | Mohammed Sani Bello | $950 Million | Oil & Gas, Real Estate, Construction |
| 4 | Colonel Sani Bello | $900 Million | Oil & Gas, Banking, Agriculture |
| 5 | Abdullahi Kontagora | $800 Million | Construction, Real Estate, Agriculture |
| 6 | Musa Mohammed | $700 Million | Agriculture, Logistics, Real Estate |
| 7 | Ibrahim Aliyu | $650 Million | Real Estate, Construction, Politics |
| 8 | Bashir Ibrahim | $620 Million | Oil & Gas, Transport, Real Estate |
| 9 | Nuhu Wushishi | $600 Million | Agriculture, Trading, Real Estate |
| 10 | Garba Ibrahim | $580 Million | Real Estate, Hospitality, Agriculture |
Frequently Asked Questions (FAQs)
1. Who is the richest man in Niger State?
General Ibrahim Babangida (IBB) is the richest man in Niger State with a net worth of $1.5 billion.
2. Which industries make the most billionaires in Niger State?
The top industries include oil and gas, real estate, agriculture, construction, and politics.
3. Do Niger State billionaires invest locally?
Yes, many have investments in farms, real estate, hotels, and infrastructure within Niger State.
4. Are there young upcoming billionaires in Niger State?
Yes, younger entrepreneurs are emerging in agriculture, tech, and real estate, though they have not yet reached the top 10 list.
5. How does politics influence wealth in Niger State?
Politics plays a big role as many wealthy men have held political positions, giving them access to contracts and partnerships.
6. Which sector is best for investment in Niger State?
Agriculture, real estate, and renewable energy projects are highly profitable sectors in Niger State.
Conclusion
The top 10 richest men in Niger State 2025 are successful entrepreneurs, politicians, and industrialists who have built empires in agriculture, oil and gas, real estate, and construction. Their investments not only grow their wealth but also drive economic growth and job creation in Niger State.
For young Nigerians, these success stories show that wealth can be built through hard work, strategic investments, and diversification. Whether you are interested in agriculture, real estate, or other industries, Niger State offers a range of opportunities.