Top 10 Richest Men in Niger State & Net Worth (2024)

Niger state is designated as the “power state” of Nigeria. The state is home to three important hydroelectric power facilities in Nigeria, including Kainji, Jebba, and Shiroro. Niger State is located in Nigeria’s north-central geopolitical zone, with Minna as its capital city.

Agriculture is the backbone of the economy of Niger state. This sector provides a living for around 90% of the population, either directly or indirectly. The state is one of the largest in the country and includes some of the most productive agricultural resources. Niger State also has some natural and mineral resources.


Here are the 10 richest persons in Niger state today


Ibrahim Babangida, also known as IBB, is one of the richest people in Niger State and all of Nigeria despite the fact that he receives less attention. His net worth was first established through his military career before diversifying into numerous business ventures. Babangida’s net worth is believed to be $5 billion. The 81-year-old retired Army General from Minna, Niger State, controlled Nigeria from August 1985 to August 1993. Following his military experience, he ventured into commerce and politics, earning vast fortunes along the way. All of his fortune has contributed to him being one of Nigeria’s wealthiest persons.

Babangida is well-known for his commercial ability, which is his primary source of income. He is said to be the owner of a secret multibillion-dollar wealth through his investments in a number of leading Nigerian enterprises.

IBB, being a wealthy man, spends his money in a variety of ways. He has one of the most costly and nicely decorated residences in the world, with a net worth over $5 billion. He is also interested in contributing to society. Being affluent allows one to enjoy luxuries such as an exotic automobile collection and private jets.


Mu’azu Babangida Aliyu is a Nigerian politician who was elected governor of Niger State in April 2007. He won his second term on April 26, 2011. This biography presents Dr. Aliyu as a man who is deeply interested in education, an interest that goes beyond simply looking for ways to improve his lot. He decided to do this in order to better serve the people. The dividend of his inquisitive character now benefits the state, because his contributions to the invention and operationalization of ideas at the executive council of the state or the nation lend legitimacy to leadership in Nigeria.

Aliyu began as a classroom teacher, then founded a teachers’ union and eventually became a labor leader.  Dr Mu’azu Babangida Aliyu became the favored candidate for governorship of Niger State due to his multiple areas of engagement, enthusiasm demonstrated, and commitment to service.

Mu’azu Babangida Aliyu’s net worth or income is believed to be between $1 million and $10 million. He has amassed enormous money through his primary vocation as a politician.


Alhaji Abubakar Sani Bello was born on December 17, 1967, in Kontagora, Niger State, to the family of Col. Sani Bello. He received his primary education certificate from ST. Louis Primary School in Kano. He continued his secondary schooling at the Nigerian Military School Zaria. He subsequently continued his education at the University of Maiduguri, where he earned a Bachelor of Science (BSc.) in Economics.

Abubakar Bello began his profession as a supervisor with NICOTES Services during his one-year required NYSC service. He spent a year with Off Shores Pipelines International (OPI) shipping in 1994. He was appointed Alternate Director at Broad Bank in 1994 and remained on the board until 2000.

Bello was named Commissioner of the Niger State Government’s Ministry of Investment, Commerce, and Co-operatives in 2009. He held the role for a year before returning to run his several businesses.


Abdulsalami Abubakar is a Nigerian politician and retired Nigerian army commander who served as the country’s de facto President. Nigeria adopted a modified version of the 1979 constitution, which included multiparty elections, during his administration. On June 29, 1999, he delegated power to President-elect Olusegun Obasanjo. He currently serves as Chairman of the National Peace Committee.

Abdulsalami Abubakar’s net worth is believed to be between $1 million and $5 million. He has amassed enormous riches as a result of his principal career as a previous leader of state.


David Umaru is a Nigerian politician who served as the Senator for Niger State’s Niger East Senatorial District.

Umaru was born in Kuta, the Shiroro Local Government headquarters in Niger State. He went to Methodist Primary School in Zaria. He then went to St. Paul’s College in Zaria. He earned his LLB in 1980 from Ahmadu Bello University in Zaria. He got admitted to the Nigerian Law School in Lagos.

Umaru ran for and won the Niger East senatorial district senate election in 2015, and he served in Nigeria’s 8th National Assembly.


Sani Musa is a Nigerian political figure and senator from Niger State’s Niger East Senatorial District. Sani Musa was born in Minna, Niger State, on June 11, 1965.

President Muhammadu Buhari bestowed the Nigerian national honor of Commander Of The Order Of The Niger (CON) on him in October 2022.


Niger has produced and continues to produce very successful individuals. The long list features significant figures from a wide range of fields, including politics, commerce, education, and religion.

Some of Niger State’s most well-known individuals have become among the wealthiest people in the state, in addition to being successful in their respective businesses. This article focuses specifically on Niger State’s richest people. These are the people deemed to have the most money and net worth.

Did we leave anyone out? We value your ideas and recommendations for improving the content of this post. Please leave your ideas and comments in the comment section below.

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Oluchi Chukwu

Oluchi is a seasoned Information blogger, content developer and the editor of Nigerian Queries. She is a tech enthusiast who loves reading, writing and research

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