Top 10 Richest Men in Adamawa State and Net Worth

Nuelson Penuel Monday, October 23, 2023 Basis



Situated in the northeastern part of Nigeria, Adamawa State boasts a rich cultural heritage and is home to a diverse group of successful entrepreneurs, politicians, and businessmen. In this blog post, we will take an in-depth look at the top 10 richest men in Adamawa State and explore their net worth, highlighting their contributions to the state's economic growth.

1. Atiku Abubakar:

Starting with the most prominent figure in Adamawa State, Atiku Abubakar is a Nigerian politician, businessman, and philanthropist. A former vice president of Nigeria, Atiku Abubakar's wealth is estimated to be around $1.4 billion, making him the wealthiest man in Adamawa State. His investments span across various sectors, including education, manufacturing, oil, and gas, thus contributing significantly to the state's economic development.

2. Mohammed Indimi:

With a net worth of approximately $550 million, Mohammed Indimi holds the second spot on the list. He is the founder and chairman of Oriental Energy Resources, a leading indigenous oil and gas exploration and production company in Nigeria. Additionally, Indimi's philanthropic efforts, particularly in improving education and healthcare, have earned him praise and admiration.

3. Atiku Bagudu:

Moving on to the third position, Atiku Bagudu, the current Governor of Kebbi State, ranks among the richest men in Adamawa State. With a net worth of around $400 million, Bagudu amassed his wealth through investments in various industries, including real estate and agriculture. His numerous successful business ventures have had a positive impact on the growth of Adamawa's economy.

4. Bamanga Tukur:

A seasoned politician and business tycoon, Bamanga Tukur comes fourth on the list. His estimated net worth of $300 million stems from his investments in the oil and gas industry as well as diverse business interests, including telecommunications, agriculture, and real estate.

5. Abdulrahman Buba:

Abdulrahman Buba, the founder and CEO of BUBAS Global Services, occupies the fifth spot on this prestigious ranking. His net worth of approximately $250 million is primarily attributed to his significant oil and gas investments.

6. Ibrahim A. Aliyu:

As a successful entrepreneur and chairman of the renowned AUN Hotel and Club, Ibrahim A. Aliyu holds the sixth position on the list. His investments in the hospitality and real estate industry have contributed immensely to Adamawa State's economic growth. He boasts a net worth of about $200 million.

7. Abubakar Aliyu:

Abubakar Aliyu, another influential figure in Adamawa State, earns the seventh place on our list. He is the founder of the esteemed AA Rano Group, a conglomerate comprising multiple businesses, including a petroleum refinery, real estate, and agriculture. With an estimated net worth of $180 million, Aliyu has significantly contributed to Adamawa's economic development.

8. Atiku K. Ribadu:

Atiku K. Ribadu, a prominent business magnate and entrepreneur, occupies the eighth rank. With investments in the agriculture sector, his net worth currently stands at approximately $150 million.

9. Mustapha Mohammed:

Mustapha Mohammed, the founder of Musty Construction Company, secures the ninth position among the wealthiest men in Adamawa State. With diverse investments in construction, real estate, and infrastructure development, his net worth is estimated at around $120 million.

10. Aminu Dahiru:

Rounding off the top ten richest men in Adamawa State is Aminu Dahiru. As the founder and CEO of Daheru Skyrail Transport System, his net worth is estimated to be $100 million. Dahiru's innovation and contributions to the transportation sector have had a significant impact on the state's economic growth.


Adamawa State is undoubtedly home to some of Nigeria's most successful entrepreneurs and influential figures. This blog post has showcased the top 10 richest men in the state, exploring their wealth and various contributions to the state's overall economic development. These individuals serve as an inspiration to aspiring entrepreneurs, showcasing that with perseverance, dedication, and a drive for success, one can achieve great wealth and make a positive impact in their society.

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