How atiku abubakar made his money
Atiku Abubakar is a Nigerian businessman and politician who has made his fortune through a variety of ventures. Here are some of the ways he has made his money:
- Import and Export Business: Atiku started his business career in the 1970s by importing and exporting goods such as textiles, fertilizers, and other commodities. He built a successful trading company, which laid the foundation for his future business ventures.
- Agricultural Ventures: Atiku has invested in various agricultural projects, including rice farming, cotton production, and livestock farming. He has also established a number of agricultural processing plants, including a rice mill and a cotton gin.
- Real Estate: Atiku has invested in real estate, owning a number of properties in Nigeria and abroad. He has developed several residential and commercial properties, including a luxury hotel in Abuja.
- Banking and Finance: Atiku has had a long-standing relationship with the banking industry, serving as the chairman of the International Bank of Commerce (IBC) and later as the chairman of the Bank of Industry (BoI). He has also invested in several other banks and financial institutions.
- Oil and Gas: Atiku has invested in the oil and gas sector, owning a number of oil blocks and participating in several oil and gas projects. He has also invested in several oil and gas service companies.
- Telecommunications: Atiku has invested in the telecommunications sector, owning a number of telecommunications companies, including a mobile phone operator and a satellite telecommunications company.
- Manufacturing: Atiku has invested in several manufacturing companies, including a cement factory, a steel rolling mill, and a number of other industrial projects.
- Private Equity: Atiku has invested in several private equity funds, which provide capital to small and medium-sized enterprises (SMEs) in Nigeria and other African countries.
- Philanthropy: Atiku has also made significant contributions to philanthropic causes, including education, healthcare, and poverty alleviation. He has established several foundations and charities, which provide support to vulnerable communities in Nigeria and other parts of Africa.
It's worth noting that Atiku's net worth is estimated to be around $1.4 billion, making him one of the richest people in Nigeria. His business empire is diverse and far-reaching, with investments in a wide range of sectors and industries.