Insight

• Infinity Media
• 5 Min Read

Nasarawa State Billionaires: The 10 Richest Men In Nasarawa State

Nasarawa State. The land of solid minerals, fertile farmlands, and diverse cultures. While many people associate the state with agriculture and proximity to Abuja, few realize it's also home to some serious money-makers. We're talking about individuals who turned vision into ventures, struggle into strategy, and ordinary beginnings into extraordinary legacies.

So, if you’ve ever wondered who the top money bags in Nasarawa are—and how they made their wealth—this post is for you. And trust me, it’s more than just counting digits; it’s about learning the lessons that can help any young Nigerian create a life of impact and abundance.

Let's dive into the lives of the 10 richest men in Nasarawa State, shall we?

1. Umaru Tanko Al-Makura – The Political Businessman

Net Worth: ~₦290 million
Industries: Machinery Importation, Real Estate, Hospitality, Politics

Before the title "His Excellency" came along, Al-Makura was already making serious moves in the business world. His company, Almakura Nigeria Limited, supplied agricultural and industrial machinery across Nigeria. This man knows how to mix power and profit.

Later, he became the Governor of Nasarawa State and used his understanding of public infrastructure to create more wealth. His real estate interests, hotels, and logistics businesses—especially in Abuja—solidified his spot as one of Nasarawa's wealthiest.

Lesson: Don’t sleep on combining business experience with public office. Al-Makura built a portfolio that works whether he's in government or not.

2. Abdullahi Adamu – The Farmer with Political Juice

Net Worth: $150–$600 million
Industries: Agribusiness, Real Estate, Politics

You probably know him as a former Governor and former APC National Chairman, but Abdullahi Adamu is also a serious agribusiness investor. His farm, Shabu Farms, is no joke. Thousands of hectares of farmland, dairy production through Nagari Farms, and large-scale employment have turned him into a rural tycoon.

Oh, and he also owns properties in Keffi and Abuja. Talk about planting seeds—literally and figuratively.

Lesson: Agriculture still prints money in Nigeria. Don’t underestimate the power of food production.

3. Abdullahi Sule – The Engineer Who Built Wealth

Net Worth: ~₦150 million
Industries: Oil & Gas, Sugar Refining, Engineering

Before politics, Sule was a mechanical engineer who went on to lead Sadiq Petroleum and served as GMD of Dangote Sugar Refinery. With that kind of corporate experience, you already know he had no plans of staying broke.

Even as Governor, Sule still channels his expertise into industrial development in Nasarawa, bringing jobs and infrastructure to his people.

Lesson: Your 9–5 can be the stepping stone to massive wealth—if you learn the ropes and leverage it well.

4. Suleiman Othman – The Oil Baron

Net Worth: ~₦130 million
Industries: Oil & Gas, Renewable Energy

CEO of Universal Projects & Energy Services Ltd, Othman is one of the quiet money-makers in Nasarawa. He’s active in upstream and downstream oil sectors, and has now added solar energy projects to his portfolio.

He’s not the loud type, but his energy empire is loud enough on its own.

Lesson: Sometimes, silent money is the loudest. You don’t need to trend to be rich.

5. Ibrahim Hassan – The Finance Realist

Net Worth: ~₦110 million
Industries: Banking, Real Estate, SME Support

A seasoned banker turned investor, Hassan built his fortune through wise financial investments and later expanded into real estate. His properties across Nasarawa and Abuja are said to rake in millions in rental income.

He also supports SME funding in Lafia, creating a ripple effect of wealth in the community.

Lesson: Understand how money works. Finance is not just for bankers—it’s for anyone who wants to build wealth.

6. Musa Bello – The Local Manufacturer

Net Worth: ~₦100 million
Industries: Consumer Goods, Manufacturing

Bello owns factories producing household products consumed in Nasarawa and the North-Central region. From food to hygiene items, his plants don’t just serve consumers—they serve his bank account.

Lesson: Local production solves local problems—and pays in local currency (and beyond).

7. Nasiru Ahmed – The Tech-Savvy Investor

Net Worth: ~₦90 million
Industries: IT, Fintech, Digital Training

Nasiru Ahmed didn’t wait for the oil boom. He created his own digital wave. He launched software firms that serve both private clients and government bodies. He also set up a tech training center in Lafia that’s helped over 1,000 youths acquire digital skills.

Lesson: If you understand tech, you understand the future. Period.

8. Abubakar Yusuf – The Farmer Who Builds

Net Worth: ~₦85 million
Industries: Agribusiness, Real Estate

Yusuf is a giant in rice and maize farming, and he doesn’t stop there. He channels profits into estate development in Keffi and Doma.

Farming feeds his bank account, while real estate grows it.

Lesson: Combine short-term cashflow (farming) with long-term growth (real estate).

9. Jibrin Mohammed – The Builder of Roads and Bridges

Net Worth: ~₦80 million
Industries: Civil Engineering, Infrastructure

Every road you drive on in Nasarawa might have Jibrin’s company name on it. Okay, maybe not all, but many. His firm handles roads, hospitals, and schools—and has earned government and private contracts.

Lesson: When you solve infrastructural problems, you build wealth brick by brick.

10. Kabir Ibrahim – The Clean Energy Advocate

Net Worth: ~₦75 million
Industries: Power, Renewable Energy

Kabir is focused on providing reliable electricity through gas-powered stations and solar mini-grids. His rural electrification projects have changed lives and lit up homes—literally and financially.

Lesson: Power is everything. And when you provide it, you stay relevant (and rich).

🧾 Summary Table: Richest Men in Nasarawa State

What Do These Men Have in Common?

1. They play the long game – Their wealth didn’t come from quick scams but long-term investments.

2. They mix passion with profit – Be it farming or tech, they chose what they know.

3. They invest in their communities – Most of them hire locals, fund training, or develop infrastructure.

4. They diversify – Real estate shows up more than once on this list. Because land, like data, never lies.

5. They keep learning – From engineers to farmers, they embrace change and new ideas.

Final Thoughts: From Nasarawa, To The World

You don’t have to be born in Lagos or own a mansion in Banana Island to become a millionaire—or even a billionaire. These men proved that Nasarawa State, with all its resources and strategic location, is fertile ground for ambition, innovation, and wealth.

So what’s stopping you? Whether you’re a student in Keffi, a techie in Lafia, or a farmer in Obi, there’s room for you to grow, learn, and earn. Stay hungry. Stay smart. And keep showing up.

Because the next time someone writes a list like this, your name could be right at the top.