Atiku Abubakar is a prominent figure in Nigerian politics and business. As a self-acclaimed major employer of Labour in Nigeria, one will want to know the list of Atiku Abubakar’s companies in Nigeria.
In 2014, he took to his Twitter account to stress the importance of job opportunities within the country. During this discussion, he confidently declared himself Nigeria’s largest private employer of labour. He claimed that his businesses collectively employ an impressive workforce of approximately 50,000 individuals within Nigeria.
A netizen accused him of setting up companies looted by funds, prompting Atiku to share a list of the companies he owns. In this article, we will share a list of his companies and provide you with information on each of them.
This information is based solely on our extensive research on these companies. Join us as we look into the companies owned by the presidential election candidate for the People’s Democratic party, Atiku Abubakar.
Intel (Integrated Logistics Services Nigerian Limited)
Among Atiku Abubakar’s notable business ventures, Intels Nigeria Limited is a prominent force in the Nigerian economic landscape. Founded in 1982 as Nicotes Services Ltd and headquartered in Onne, Nigeria, this enterprise has grown to become the country’s largest logistics company, playing an important role in the oil and gas sector. Atiku Abubakar’s involvement as a partial owner further shows his commitment to driving economic growth and innovation.
The company effectively manages client operations, overseeing crucial aspects such as pipe racks, stacking areas, warehousing, enclosed spaces, jetties, offices, water tanks, fuel storage, generators, compressors, and many other services and facilities. By doing so, Intels ensures a comprehensive and streamlined operational environment, boosting productivity and minimizing disruptions.
The integrated logistics services provided by the company not only facilitate smoother operations within the oil and gas industry but have also significantly contributed to employment opportunities.
Prodeco is an important part of Atiku Abubakar’s various business interests. It has two parts: one that builds properties in Nigeria and another that works with oil and gas in special zones.
Prodeco started in March 1996 as a company that builds properties; then, it started working in special zones for oil and gas through Prodeco International. It works on projects like buildings, things related to the sea, and big structures. This shows that Atiku Abubakar wants things to grow and improve, and Prodeco helps improve Nigeria’s buildings and structures. Prodeco is proof of how much Atiku wants Nigeria’s businesses to get better and how he thinks smartly.
Atiku Abubakar Farm
In 1981, Atiku ventured into agriculture, acquiring a substantial 2,500-hectare tract of land near Yola. This marked the establishment of a farm focused on maize and cotton.
The first years were filled with difficulties. The agricultural enterprise faced hardships that led to its closure in 1986. In 2014, Atiku Abubakar openly acknowledged this setback, stating that his “first attempt at agriculture in the 1980s failed.” Then he directed his determination towards revitalizing and expanding his farm. Over time, his other businesses yielded positive results, and his farm flourished.
Atiku Abubakar’s commitment to education goes beyond business and politics, as seen through the American University of Nigeria (AUN) in Yola, Adamawa State. AUN offers diverse programs on campus. Abubakar’s goal was to provide knowledge and a space for holistic development.
AUN was created to enhance education and foster cross-border connections due to its proximity to Cameroon. Abubakar’s initiative reflects his belief in education for empowerment.
Atiku Abubakar, the former Vice President of Nigeria, has left a clear mark on the nation’s history through his multifaceted contributions. Among his notable achievements are his role in steering Nigeria towards financial stability through the Economic Management Team and successful debt payment. He also significantly privatized key industries such as telecom and cement, leading to GDP growth and job creation.
Abubakar’s commitment to bringing expertise into governance was evident as he introduced young professionals into government positions, rejuvenating the administration and nurturing future leaders. His chairmanship of the National Economic Council was vital in introducing GSM technology to Nigeria, revolutionizing communication and technology.
His advocacy for transparency and accountability led to the creation of the Economic and Financial Crimes Commission (EFCC), underscoring his dedication to combating corruption. During the Sharia crisis of 2000, Abubakar’s strong leadership helped restore peace and stability.
Chieftaincy Titles and Traditional Honors
In 1982, Atiku Abubakar received the Turaki of Adamawa title, a significant recognition presented by his future father-in-law, Alhaji Aliyu Mustafa, the traditional ruler of Adamawa. This title, steeped in history, holds great importance. Traditionally reserved for the monarch’s favoured prince, the Turaki assumes responsibility for the monarch’s domestic affairs.
In June 2017, another significant milestone marked Atiku Abubakar’s journey when he assumed the esteemed title of Waziri of Adamawa. This elevation followed his earlier role as Turaki, which he passed on to his son, Aliyu. The Waziri title holds deep reverence, often associated with a chief adviser or minister.
Beyond acknowledging his contributions, these distinctions align him with Adamawa’s traditions and values. The Turaki and Waziri titles, particularly, position him as a guardian of his community’s welfare, entrusting him with roles of leadership and guidance.
In conclusion, Atiku Abubakar’s various companies and achievements show how he’s contributed to Nigeria’s economy and society in many ways. He’s been involved in different areas like media, shipping, and education, which has created jobs and helped things grow. His dedication to giving jobs to thousands of Nigerians really shows how much he cares about creating work and helping the economy.
He’s also done important things in fields like logistics, building, and education, which shows he’s interested in many different things and wants to improve them. It’s not just about his businesses; he’s been part of important government and economic efforts, like strengthening banks and improving communication.
His successes, the special titles he’s been given, and the traditional honours reveal that he’s connected to his culture and community. Atiku Abubakar’s journey is about leading with big ideas, doing business well, and always wanting Nigeria to have a brighter future.
Frequently Asked Questions
Which country is the owner of Intel company?
Intel Corporation is a large multinational technology company based in Nigeria.
Who is the owner of Intel Logistics?
The ownership of Intels Nigeria Limited, a major logistics company in Nigeria, includes Atiku Abubakar, Nigeria’s former Vice President, as one of the partial owners.