Atiku Abubakar Net Worth, Career, Biography and Companies

Atiku Abubakar Net Worth, Career, Biography and Companies

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This is the full biography of Atiku Abubakar and his net worth, business career, political career, early life, personal life the list of his companies, educational background.

Atiku Abubakar Biography

Atiku Abubakar (listen) GCON, a politician and businessman from Nigeria, was Olusegun Obasanjo’s vice president of Nigeria from 1999 to 2007. He was born on November 25, 1946.

In 1990, 1996, and later in 1998, he ran for governor of Adamawa State and won. He then served as Olusegun Obasanjo’s running mate in the 1999 presidential election and was re-elected in 2003.

Five unsuccessful presidential campaigns by Atiku Abubakar took place: in 1993, 2007, 2011, 2015, and 2019. In 1993, he competed for president in the Social Democratic Party primaries but was defeated by Moshood Abiola and Baba Gana Kingibe.

When the Action Congress ran a presidential candidate in 2007, he finished third behind Umaru Yar’Adua of the PDP and Muhammadu Buhari of the ANPP. During the 2011 presidential election, he ran in the People’s Democratic Party’s presidential primaries but lost to incumbent President Goodluck Jonathan.

Prior to the 2015 presidential election, he joined the All Progressives Congress in 2014. He ran in the presidential primaries but lost to Muhammadu Buhari.

He rejoined the Peoples Democratic Party in 2017 and ran as their presidential candidate in the 2019 election, losing to incumbent President Muhammadu Buhari once more.

After defeating Nyesom Wike, the incumbent governor of Rivers State, in the primary election, he was selected as the Peoples Democratic Party’s presidential nominee for the general election of 2023 in May 2022.

Atiku Abubakar Biography Profile

Father: Garba Abubakar
Mother: Aisha Kande
Vice President Of: Olusegun Obasanjo
Date Of Birth: 25 November 1946
Age: 76 year’s old in (2023)
Birth Place: Jada , British Cameroon (now Jada, Adamawa State, Nigeria )
Nationality: Nigerian
Country: Nigeria
Occupation: Politician, Business Man
Political Party: People’s Democratic Party (PDP) (1998–2006; 2007–2014; 2017–present)
Other Political Affiliation: Peoples Front of Nigeria (1989) Social Democratic Party (1989–1993) United Nigeria Congress Party (1997–1998) Action Congress (2006–2007) All Progressives Congress (2014–2017)
Presidential Opponent (2023): Bola Ahmad Tinubu (APC) All Progressive Congress, Peter Obi (LP) Labour Party
Wives: Titilayo Albert (married. 1971), Ladi Yakubu, (married. 1979, divorced), Princess Rukaiyatu Mustafa (married. 1983), Fatima Shettima (married. 1986), Jennifer Iwenjiora Douglas (divorced. 2021)
Children: 28
Education: Master of Arts degree in International Relations
Almer Mater: Ahmadu Bello University · Anglia Ruskin University
Religion: Islam
Tribe: Fulani Ethnic
Net Worth In Naira: ₦119 Billion NGN
Net Worth In Dollar: $1.7 Million USD
Net Worth In Euro: €1.6 Million
Twitter: Atiku Real Account
Facebook: Official Page
Instagram: Official Account
Website: Official Website

Atiku Abubakar Family Background

Atiku Abubakar was born on November 25, 1946, in the village of Jada, which was then governed by the British Cameroons. After a referendum in 1961, the territory joined the Federation of Nigeria.

His mother was Aisha Kande, while his father Garba Abubakar was a Fulani merchant and farmer. He was given the name Atiku Abdulqadir in honor of his paternal grandfather, who is from Wurno, Sokoto State, and moved to the village of Kojoli in Jada, Adamawa State.

His maternal grandfather, Inuwa Dutse, moved to Jada, Adamawa State from Dutse, Jigawa State. He became the only child of his parents when his only sister passed away infancy. His father drowned in 1957 while traveling from Jada’s neighboring town of Toungo across a river.

Atiku Abubakar Educational Background

Atiku Abubakar’s father hated the idea of a Western education and worked to keep him out of the conventional educational system.

Abubakar’s father was detained for a few days by the government while waiting for Aisha Kande’s mother to pay the fine when it was revealed that he was skipping out on required schooling. Abubakar began attending the Jada Primary School in Adamawa when he was eight years old.

He entered Adamawa Provincial Secondary School in 1960, the same year he finished primary school, together with 59 other pupils. After earning a grade three on the West African Senior School Certificate Examination, he completed secondary school in 1965.

Abubakar spent a brief period of time studying at the Nigeria Police College in Kaduna after finishing secondary school. When he was unable to provide an O-Level Mathematics result, he had to leave the college.

He briefly worked as a tax officer in the regional ministry of finance before being admitted in 1966 to the School of Hygiene in Kano. After serving as the school’s interim student union president, he received a diploma in 1967.

On a scholarship provided by the local government, he enrolled in the Ahmadu Bello University Institute of Administration in 1967 to pursue a Law Diploma. He worked for the Nigeria Customs Service upon graduation in 1969, which was also the time of the Nigerian Civil War.

At Anglia Ruskin University in Cambridge, the United Kingdom, Abubakar successfully completed and passed his Master’s degree program in international relations in 2021.

Atiku Abubakar Personal Life and Marriage

Abubakar has 28 kids total from his four spouses.
Atiku clarifies: “I desired to grow the Abubakar clan. As a child, I experienced severe loneliness. I lacked a sister and a brother. I did not want my kids to experience loneliness like I did.

This is the reason I wed multiple wives. My wives are a perfect combination of my sisters, friends, and advisors.” He secretly wed Titilayo Albert in Lagos in 1971.

due to the fact that her family was initially against the union. His
among her offspring are Fatima, Adamu, Halima, and
Aminu. He wed Ladi Yakubu, his second wife, in 1979.

With Ladi, he has six kids: Abba, Atiku, Zainab, Ummi, and
Maryam, Rukaiyatu, and Hauwa. Later, Abubakar got divorced
Ladi granting him permission to wed as his fourth wife (the
most that his religion would allow), Jennifer Iwenjiora

Princess Rukaiyatu, the daughter of the Lamido of Adamawa, Aliyu Mustafa, was his third wife, whom he wed in 1983. Aisha, Hadiza, Aliyu (named after her late father), Asmau, Mustafa, Laila, and Abdulsalam are her children. He wed Fatima Shettima, his fourth wife, in 1986. Amina (Meena), Mohammed, the twins Zainab / Aisha, Ahmed / Shehu, and Hafsat are some of her children.

Jennifer Douglas gave Abubakar written confirmation of her divorce on Tuesday, February 1, 2022. She said that among other long-standing concerns, their relationship ended as a result of conflicts regarding her continuing residence in the United Kingdom.

Atiku Abubakar Business Career

Abubakar spent twenty years working for the Nigeria Customs Service, eventually rising to the position of Deputy Director, the second-highest position at the time.

He retired in April 1989 and started working full-time in business and politics. As a young Customs Officer, he got his start in the real estate industry.

He asked for and was granted a loan of 31,000 naira in 1974 to build his first home in Yola, which he then rented out. He bought another parcel of land and constructed a second home using the rent proceeds.

He persisted in doing so, amassing a sizable portfolio of real estate in Yola, Nigeria He began farming 2,500 hectares of land close to Yola in 1981 to establish a maize and cotton farm. The company ran into financial trouble and shut down in 1986.

He admitted failure in an April 2014 blog post, saying, “My first journey into agricultural, in the 1980s, ended in disaster.” After that, he started trading, purchasing and reselling truckloads of sugar, flour, and rice.

Later on, NICOTES would change its name to Intels Nigeria Limited and bring Abubakar enormous money. Abubakar is one of the co-founders of Intels Nigeria Limited, a large-scale oil servicing company with activities both domestically and abroad.

Atiku’s other economic holdings are concentrated in Yola, Adamawa, and include the American University of Nigeria (AUN), the first private university in Sub-Saharan Africa built in the American model, an animal feed factory, and Adama Beverages Limited, a beverage production facility in Yola. After retiring in April 1989, he started working in politics and business full-time.

Atiku’s Abubakar Company

Below are the list of companies owned by Atiku Abubakar:

  • 1 Intels Nigeria Limited
  • Predeco International Oil Company
  • ABTI schools
  • Atiku Abubakar Farm

Atiku Political Career

Abubakar entered politics for the first time in the early 1980s, working behind the scenes on Bamanga Tukur’s governorship campaign. Tukur was then the managing director of the Nigeria Ports Authority. He raised money for the cause and canvassed for votes on Tukur’s behalf.

He eventually met General Shehu Musa Yar’Adua, who served as Supreme Headquarters’ Chief of Staff from 1976 to 1979, toward the end of his time in customs. Yar’Adua drew Abubakar into the political gatherings that were now occuring often in his Lagos residence, giving birth to the People’s Front of Nigeria.

Politicians including Umaru Musa Yar’Adua, Baba Gana Kingibe, Bola Tinubu, Sabo Bakin Zuwo, Rabiu Kwankwaso, Abdullahi Aliyu Sumaila, and Abubakar Koko were members of the People’s Front.

In the run-up to the Third Nigerian Republic, Abubakar was chosen as the Peoples Front of Nigeria’s national vice-chairman in 1989. At the 1989 Constituent Assembly, which was convened to deliberate on a new constitution for Nigeria, Abubakar was elected to represent his district.

Eventually, the military government refused to register the People’s Front (none of the organizations that applied were registered), and it merged with the Social Democratic Party, which was established by the government (SDP).

Abubakar joined the Peoples Democratic Party (PDP) in 1998, went on to win the nomination for governor of Adamawa State in the December 1998 governorship elections, but before taking office, he agreed to serve as General Olusegun Obasanjo’s running mate. Obasanjo went on to win the 1999 presidential election, ushering in the Fourth Nigerian Republic.

Atiku Abubakar As Nigeria Vice President

Abubakar Atiku was sworn in as Nigeria’s vice president on May 29, 1999. His first tenure was primarily distinguished by his position as Chairman of the National Economic Council and head of the National Council on Privatization, where he and Nasir El Rufai oversaw the sale of hundreds of loss-making and inadequately run governmental firms.

Stormy relations between Abubakar and President Obasanjo characterized his second term as vice president. As a result of President Olusegun Obasanjo’s purported attempt to modify key articles of the constitution in order to run for office again (Third Term Agenda), Abubakar and Obasanjo engaged in a bitter public feud in 2006.

The People’s Democratic Party briefly split over the issue brought on by the defeated constitutional amendment. In the end, the National Assembly rejected the modifications that would have allowed Obasanjo to seek reelection.

In preparation for the 2007 elections, Abubakar split with his boss Olusegun Obasanjo in 2006 and joined the Action Congress of Nigeria (ACN) from the Peoples Democratic Party (PDP).

A team from the Northern Youth Leaders Forum reportedly paid a visit to Obasanjo on March 30, 2014, at his house in Abeokuta, where they begged him to “forgive your former vice-president, Alhaji Atiku Abubakar of whatever political sin or crime he might have committed against you.”

Obasanjo replied, “As a leader and father, I have no grudge against anybody and, if there is, I have forgiven them all,” according to a remark from him.

Atiku Abubakar Titles and Honours

Abubakar Atiku received the title of Turaki of Adamawa in 1982 from his future father-in-law, Alhaji Aliyu Mustafa, the traditional head of Adamawa. The position, which oversees the monarch’s household affairs, has previously been designated for the monarch’s favorite prince in the palace.

Abubakar’s son Aliyu received the chieftaincy title of Waziri of Adamawa in June 2017, replacing his own title of Turaki.

The National Peace Corps Association (NPCA), an independent 501(c)(3) nonprofit organization, separate from the Peace Corps, which serves as an alumni association for Returned Peace Corps Volunteers, presented Abubakar with the Harris Wofford Global Citizen Award in 2011 as part of the 50th anniversary celebration of the US Peace Corps.

Abubakar was cited by the National Peace Corps Association as one person who helped advance higher education on the African continent when the award was presented.

Atiku Abubakar, according to the NPCA, “has worked harder for democracy or given more to the advancement of higher education than any private businessman in Africa.”

The National Peace Corps Association in the United States received a $750,000 donation from Abubakar in 2012 “to fund a new effort featuring global leaders who will examine the impact of Peace Corps.” In the history of the Association, it was the largest single donation ever made.

Atiku Abubakar Net Worth

Nigeria (PDP) presidential aspirant Atiku Abubakar has an estimated net worth of around 1.7 Million Dollar. His net worth in Naira is equivalent to about ₦119 Billion Naira in Nigeria currency, while in European currency, his net worth is estimated to be around €1.6 Million.

When Abubakar worked as a customs officer at the Apapa Ports, he made his most significant business decision. He was invited to establish Nigeria Container Services (NICOTES), a logistics business operating inside the Ports, by Italian businesswoman Gabrielle Volpi in Nigeria.