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Top 10 Richest Men In Borno State & Net Worth

Borno State, located in northeastern Nigeria, is known for its rich cultural heritage, historical significance, and economic potential. Within the state, several individuals have emerged as prominent figures, amassing significant wealth through various means. This article aims to delve into the lives and net worth of the richest men in Borno State, shedding light on their accomplishments and contributions to the region’s development.

Top 10 Richest Men In Borno State

1. Mohammed Indimi

Mohammed Indimi, a highly respected businessman and philanthropist, hails from Borno State. He is the founder and Chairman of Oriental Energy Resources, a leading indigenous oil exploration and production company in Nigeria. With his strategic investments in the oil and gas industry, Indimi has accumulated a substantial net worth. Estimated to be in the range of $1.3 Billion (N700 Billion Naira), his wealth reflects his success as an entrepreneur and his commitment to economic growth.

2. Kashim Shettima

Kashim Shettima, a prominent political figure, served as the Governor of Borno State from 2011 to 2019. During his tenure, he implemented various initiatives aimed at promoting infrastructural development, education, and healthcare in the state. Shettima has also been involved in diverse business ventures, contributing to his net worth of $131 million.His wealth is a testament to his successful political career and entrepreneurial endeavors, placing him among the richest individuals in Borno State.

3. Mohammed Abba Gana

Mohammed Abba Gana is renowned for his notable contributions to Nigeria’s civil service. He has held several key positions, including serving as the Secretary to the Government of the Federation. Gana’s distinguished career has not only earned him recognition but has also translated into considerable wealth. With his accumulated assets and investments, his net worth is estimated to be significant, reflecting his success in public service and other ventures.

4. Mele Kyari

Mele Kyari, a Borno-born executive, is the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). His extensive experience in the petroleum industry has propelled him to this prestigious position, where he oversees the country’s oil and gas sector. Kyari’s influential role in the industry, combined with his wise investments, has contributed to his substantial net worth. As one of the richest men in Borno State, he continues to play a vital role in Nigeria’s energy sector.

5. Ali Modu Sheriff

Ali Modu Sheriff is a renowned politician who has held several prominent positions in Nigeria, including serving as the Governor of Borno State from 2003 to 2011. Sheriff’s political career has brought him both acclaim and wealth. Furthermore, he has diverse business interests, including involvement in the oil and gas industry. His net worth $41 million to $50 million reflects his success in both politics and entrepreneurship, solidifying his status as one of the wealthiest individuals in Borno State.

6. Zaynab Alkali

Zaynab Alkali is a celebrated writer and novelist from Borno State. Her literary contributions, particularly in the field of women’s literature, have garnered international recognition and numerous awards. While her wealth may not be solely derived from business ventures, her success as an author has undoubtedly contributed to her financial standing. Zaynab Alkali’s net worth is a testament to her literary achievements and the impact of her work on the cultural landscape of Borno State.

7. Mohammed Daggash

Mohammed Daggash is a prominent business tycoon with diversified interests across various sectors. His entrepreneurial ventures range from real estate to manufacturing and telecommunications. Through his business acumen and successful investments, Daggash has amassed significant wealth, placing him among the richest individuals in Borno State. His financial success reflects his ability to identify and capitalize on lucrative opportunities.

8. Afakriya Gadzama

Afakriya Gadzama is a renowned businessman with a significant presence in Borno State. His entrepreneurial ventures span multiple industries, including agriculture, manufacturing, and real estate. Through his astute business strategies and investments, Gadzama has amassed substantial wealth. His net worth stands as a testament to his success as a business leader and his contributions to the economic growth of Borno State.

9. Babagana Monguno

Babagana Monguno is a prominent figure in Borno State, known for his exceptional career in public service. He has held high-ranking positions in the Nigerian government, including the National Security Adviser. Monguno’s contributions to national security and governance have earned him recognition and respect. His net worth reflects not only his accomplishments in public service but also his involvement in various business ventures, solidifying his position among the wealthiest individuals in Borno State.

10. Prince Olomu

Prince Olomu is a notable businessman and investor based in Borno State. With diverse business interests ranging from real estate to hospitality and telecommunications, Olomu has established himself as a prominent figure in the state’s business landscape. His shrewd investment decisions and entrepreneurial ventures have propelled him to great financial success. Prince Olomu’s net worth $1 million to $10 million is a reflection of his achievements as a businessman and his contributions to the economic development of Borno State.


The richest men in Borno State represent a diverse range of industries and accomplishments. From successful business tycoons to influential political figures and renowned authors, these individuals have made significant contributions to the economic growth and development of the state. Through their entrepreneurial ventures, investments, and exceptional careers, they have accumulated substantial wealth, contributing to their high net worth. The influence and economic impact of these individuals extend beyond personal gain, as their success and contributions have helped shape the business landscape and overall prosperity of Borno State. As the state continues to strive for progress, the endeavors and achievements of these wealthy individuals serve as a source of inspiration and motivation for future generations.

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Faith Oluwa

Faith is a content and creative writer with a passion for storytelling and a natural flair for compelling content who is bursting with talent and ready to make her mark in the world of writing. She has all the skills necessary to succeed in this competitive field.View Author posts