Monday, 6 February 2017

The Biography Of Atiku Abubakar [Age, Life Profile, History & Net Worth]

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Atiku Abubakar (born November 25, 1946) is a Nigerian politician, businessman and philanthropist, who served as the second elected Vice-President of Nigeria from 1999 to 2007, on the platform of the People’s Democratic Party (PDP), with President Olusegun Obasanjo.

Abubakar worked in the Nigeria Customs Service for twenty years, rising to become the Deputy Director, as the second highest position in the Service was then known.

He retired in April 1989 and took up full-time business and politics. He ran for the office of Governor in the Gongola State (now Adamawa and Taraba States) in 1991, and for the Presidency in 1993, placing third after MKO Abiola and Babagana Kingibe in the Social Democratic Party (SDP) primaries.

In 1998 he was elected Governor of Adamawa State. While still Governor-Elect he was selected by the Peoples Democratic Party (PDP) Presidential candidate Olusegun Obasanjo as his running mate. The duo went on to win elections in February 1999, and Abubakar was sworn-in as Nigeria’s second democratically elected Vice President on 29 May 1999.

Abubakar’s second term as Vice President was marked by a stormy relationship with President Obasanjo. His bid to succeed Obasanjo did not receive the latter’s support, and it took a judgment of the Supreme Court to allow Abubakar contest after he was initially disqualified by the Independent National Electoral Commission on the grounds that he had been indicted for financial misconduct by an investigating panel set up at Obasanjo’s behest. The Supreme Court decisiordered the electoral commission to restore Abubakar’s name onto the presidential ballot. Abubakar ran on the platform of the Action Congress, having quit the PDP on account of his issues with President Obasanjo. Atiku lost the election, placing third after Umaru Yar’Adua and Muhammadu Buhari of the All Nigeria Peoples Party (ANPP).

Atiku is a co-founder of Intels, an oil servicing business with extensive operations in Nigeria and abroad. He is also the founder of Adama Beverages Limited, and the American University of Nigeria (AUN), both in Yola.

Atiku Abubakar was born to an itinerant Fulani trader and farmer Garba Abubakar, and his second wife, Aisha Kande, in Jada village in what is today Adamawa State, formerly Gongola state. He was named for his paternal grandfather, Atiku Abdulkadir. An older sister died in infancy, making Atiku the only child of his parents who divorced before his father’s death by drowning in 1957. Atiku’s early years were spent in Kojoli, 30 kilometres east of Jada. His mother later remarried. She died of a heart attack in 1984.

Like many of his generation, Atiku’s father was opposed to the idea of Western education, and tried to keep Atiku out of the traditional school system. When the government discovered that Atiku was not attending mandatory schooling his father spent a few days in jail until Aisha Kande’s mother paid the fine.

At the age of eight Atiku enrolled in the Jada Primary School where he performed well. In 1960, he was admitted to the prestigious Adamawa Provincial Secondary School in Yola where he did well in English Language and Literature, struggled with Physics and Chemistry and Mathematics. He graduated with a Grade Three WASC/GCE Certificate in 1965.

Following secondary school, Atiku studied a short while at the Nigeria Police College in Kaduna. He left the College when he was unable to present an O-Level Mathematics result. He worked briefly as a Tax Officer in the regional Ministry of Finance, from where he gained admission to the School of Hygiene in Kano in 1966.

He graduated with a Diploma in 1967, having served as Interim Student Union President at the School. In 1967 he enrolled for a Law Diploma at the Ahmadu Bello University Institute of Administration, on a scholarship from regional government. After graduation in 1969, during the Nigerian Civil War, he was employed by the Nigeria Customs Service.

While at Idi-Iroko Atiku met nineteen-year-old Titilayo Albert, who he secretly married in December 1971, in Lagos, because her family was initially opposed to the union. On 26 October 1972, Titilayo (affectionately called ‘Titi’) delivered a baby girl they named Fatima. She later gave birth to Adamu, Halima and Aminu. In January 1979 he married Ladi Yakubu as his second wife. “I wanted to expand the Abubakar family. I felt extremely lonely as a child. I had no brother and no sister. I did not want my children to be as lonely as I was. This is why I married more than one wife. My wives are my sisters, my friends, and my advisers and they complement one another,” Abubakar has said. He has six children with Ladi: Abba, Atiku, Zainab, Ummi-Hauwa, Maryam and Rukayatu.

In 1983 he married his third wife, Princess Rukaiyatu, daughter of the late Lamido of Adamawa. She gave birth to AIsha, Hadiza, Aliyu (named after her late father), Asmau, Mustafa, Laila and Abdulsalam. His fourth wife, Fatima Shettima, followed in 1986. Fatima gave birth to her first child Amina (Meena), Mohammed and two sets of twins Ahmed and Shehu, Zainab and Aisha then her last daughter Hafsat.

Abubakar later divorced Ladi, allowing him to marry, as his fourth wife (the maximum permitted him as a Muslim), Jennifer Iwenjora, who then became Jamila Atiku-Abubakar. Jennifer gave birth to Abdulmalik, Zara and his youngest child, Faisal.
Business

Atiku started out in the real estate business during his early days as a Customs Officer. In 1974 he applied for and received a 31,000 naira loan to build his first house in Yola, which he put up for rent. From proceeds of the rent he purchased another plot, and built a second house. He continued this way, building a sizeable portfolio of property in Yola.

In 1981 he moved into agriculture, acquiring 2,500 hectares of land near Yola to start a maize and cotton farm. The business fell on hard times and closed in 1986. “My first foray into agriculture, in the 1980s, ended in failure,” he wrote in an April 2014 blog.

He then ventured into trading, buying and selling truckloads of rice, flour and sugar.

His most important business move came while he was a Customs Officer at the Apapa Ports. Gabrielle Volpi, an Italian businessman in Nigeria, invited him to set up Nigeria Container Services (NICOTES), a logistics company operating within the Ports. NICOTES would go on to provide immense wealth to Atiku. Conflict of interest accusations have since trailed him on account of his involvement in business while a civil servant, who exercised supervisory authority.

On his part, Atiku has defended the decision, saying his involvement was limited to the ownership of shares (which government rules permitted), and that he was not involved in day-to-day running of the business. NICOTES would later be rebranded INTELS, and go on to feature prominently in accusations of money laundering levelled against Atiku by the US government during his Vice Presidency.

Atiku’s business empire also includes a beverage manufacturing plant in Yola, as well as an animal feed factory.

Atiku’s first foray into politics was in the early 1980s, when he worked behind-the-scenes on the governorship campaign of Bamanga Tukur, who at that time was managing director of the Nigeria Ports Authority. He canvassed for votes on behalf of Tukur, and also donated to the campaign. Towards the end of his Customs career, he met Shehu Musa Yar’Adua, who had been second-in-command of the military government that ruled Nigeria between 1976 and 1979.

Atiku was drawn by Yar’Adua into the political meetings that were now happening regularly in Yar’Adua’s Lagos home. In 1989 Atiku was elected a National Vice-Chairman of the Peoples Front of Nigeria, the political association led by Yar’Adua, to participate in the transition programme initiated by Head of State Ibrahim Babangida.

Atiku won a seat to represent his constituency at the 1989 Constituent Assembly, set up to decide a new constitution for Nigeria. The People’s Front was eventually denied registration by the government (none of the groups that applied was registered), and found a place within the Social Democratic Party, one of the two parties decreed into existence by the regime.

Atiku, in 2005 foundeded his American University of Nigeria (AUN), which is the first American-style University to be established in Sub-Saharan Africa. It was founded in Yola, the capital of Adamawa. AUN has received special recognition from Google.

Atiku Abubakar net worth is estimated $1.4 billion (net worth estimated in 2017).

  • An Uzomedia Biography

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